Announcement • Jul 14
Seiko Corporation to Report Q1, 2027 Results on Aug 07, 2026 Seiko Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥191 (vs JP¥162 in FY 2025) Full year 2026 results: EPS: JP¥191 (up from JP¥162 in FY 2025). Revenue: JP¥44.9b (up 12% from FY 2025). Net income: JP¥1.23b (up 18% from FY 2025). Profit margin: 2.7% (up from 2.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year and the company’s share price has also increased by 33% per year. Announcement • May 14
Seiko Corporation, Annual General Meeting, Jun 25, 2026 Seiko Corporation, Annual General Meeting, Jun 25, 2026. Announcement • May 10
Seiko Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Seiko Corporation announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥1,766, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 15x in the Machinery industry in Japan. Total returns to shareholders of 175% over the past three years. New Risk • Feb 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (JP¥11.3b market cap, or US$73.3m). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥50.93 (vs JP¥43.48 in 3Q 2025) Third quarter 2026 results: EPS: JP¥50.93 (up from JP¥43.48 in 3Q 2025). Revenue: JP¥11.3b (up 8.9% from 3Q 2025). Net income: JP¥329.0m (up 17% from 3Q 2025). Profit margin: 2.9% (up from 2.7% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Dec 27
Seiko Corporation to Report Q3, 2026 Results on Feb 13, 2026 Seiko Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Dec 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥8.93b market cap, or US$57.1m). Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,495, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 165% over the past three years. Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: JP¥55.28 (vs JP¥37.90 in 2Q 2025) Second quarter 2026 results: EPS: JP¥55.28 (up from JP¥37.90 in 2Q 2025). Revenue: JP¥10.8b (up 13% from 2Q 2025). Net income: JP¥357.0m (up 46% from 2Q 2025). Profit margin: 3.3% (up from 2.6% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 28% per year. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,168, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 122% over the past three years. Announcement • Oct 07
Seiko Corporation to Report Q2, 2026 Results on Nov 07, 2025 Seiko Corporation announced that they will report Q2, 2026 results on Nov 07, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.0%). Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥30.50 (vs JP¥27.84 in 1Q 2025) First quarter 2026 results: EPS: JP¥30.50 (up from JP¥27.84 in 1Q 2025). Revenue: JP¥10.7b (up 17% from 1Q 2025). Net income: JP¥197.0m (up 9.4% from 1Q 2025). Profit margin: 1.8% (down from 2.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Jul 10
Seiko Corporation to Report Q1, 2026 Results on Aug 06, 2025 Seiko Corporation announced that they will report Q1, 2026 results on Aug 06, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥162 (vs JP¥120 in FY 2024) Full year 2025 results: EPS: JP¥162 (up from JP¥120 in FY 2024). Revenue: JP¥40.1b (up 11% from FY 2024). Net income: JP¥1.05b (up 34% from FY 2024). Profit margin: 2.6% (up from 2.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Seiko Corporation, Annual General Meeting, Jun 25, 2025 Seiko Corporation, Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥794, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 47% over the past three years. Announcement • Apr 03
Seiko Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Seiko Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.1%). New Risk • Mar 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥5.43b market cap, or US$36.8m). Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥43.48 (vs JP¥35.55 in 3Q 2024) Third quarter 2025 results: EPS: JP¥43.48 (up from JP¥35.55 in 3Q 2024). Revenue: JP¥10.4b (up 6.4% from 3Q 2024). Net income: JP¥281.0m (up 22% from 3Q 2024). Profit margin: 2.7% (up from 2.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Jan 03
Seiko Corporation to Report Q3, 2025 Results on Feb 12, 2025 Seiko Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥37.90 (vs JP¥30.44 in 2Q 2024) Second quarter 2025 results: EPS: JP¥37.90 (up from JP¥30.44 in 2Q 2024). Revenue: JP¥9.55b (up 15% from 2Q 2024). Net income: JP¥245.0m (up 24% from 2Q 2024). Profit margin: 2.6% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Sep 27
Seiko Corporation to Report Q2, 2025 Results on Nov 08, 2024 Seiko Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.9%). Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥27.84 (vs JP¥0.31 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥27.84 (up from JP¥0.31 loss in 1Q 2024). Revenue: JP¥9.10b (up 14% from 1Q 2024). Net income: JP¥180.0m (up JP¥182.0m from 1Q 2024). Profit margin: 2.0% (up from 0% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥615, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 9.9% over the past three years. Announcement • Jun 15
Seiko Corporation to Report Q1, 2025 Results on Aug 07, 2024 Seiko Corporation announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥120 (vs JP¥52.57 in FY 2023) Full year 2024 results: EPS: JP¥120 (up from JP¥52.57 in FY 2023). Revenue: JP¥36.1b (up 4.5% from FY 2023). Net income: JP¥779.0m (up 135% from FY 2023). Profit margin: 2.2% (up from 1.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Seiko Corporation, Annual General Meeting, Jun 26, 2024 Seiko Corporation, Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Announcement • Mar 16
Seiko Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Seiko Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥35.54 (vs JP¥31.93 in 3Q 2023) Third quarter 2024 results: EPS: JP¥35.54 (up from JP¥31.93 in 3Q 2023). Revenue: JP¥9.77b (up 14% from 3Q 2023). Net income: JP¥230.0m (up 14% from 3Q 2023). Profit margin: 2.4% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (JP¥5.14b market cap, or US$34.7m). Announcement • Nov 29
Seiko Corporation to Report Q3, 2024 Results on Feb 07, 2024 Seiko Corporation announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥30.44 (vs JP¥7.78 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥30.44 (up from JP¥7.78 loss in 2Q 2023). Revenue: JP¥8.32b (down 3.1% from 2Q 2023). Net income: JP¥197.0m (up JP¥246.0m from 2Q 2023). Profit margin: 2.4% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥8.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.1%). Announcement • Sep 07
Seiko Corporation to Report Q2, 2024 Results on Nov 08, 2023 Seiko Corporation announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 11
First quarter 2024 earnings released: JP¥0.31 loss per share (vs JP¥8.10 loss in 1Q 2023) First quarter 2024 results: JP¥0.31 loss per share (improved from JP¥8.10 loss in 1Q 2023). Revenue: JP¥7.97b (down 1.0% from 1Q 2023). Net loss: JP¥2.00m (loss narrowed 96% from 1Q 2023). Profit margin: 0% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Seiko Corporation to Report Q1, 2024 Results on Aug 09, 2023 Seiko Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥52.57 (vs JP¥117 in FY 2022) Full year 2023 results: EPS: JP¥52.57 (down from JP¥117 in FY 2022). Revenue: JP¥34.5b (up 10.0% from FY 2022). Net income: JP¥331.0m (down 56% from FY 2022). Profit margin: 1.0% (down from 2.4% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Seiko Corporation, Annual General Meeting, Jun 28, 2023 Seiko Corporation, Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 8.0% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.4%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥31.92 (vs JP¥11.20 in 3Q 2022) Third quarter 2023 results: EPS: JP¥31.92 (up from JP¥11.20 in 3Q 2022). Revenue: JP¥8.54b (up 13% from 3Q 2022). Net income: JP¥201.0m (up 179% from 3Q 2022). Profit margin: 2.4% (up from 1.0% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥799, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 48% over the past three years. Announcement • Dec 04
Seiko Corporation to Report Q3, 2023 Results on Feb 08, 2023 Seiko Corporation announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 7 non-independent directors. Independent Outside Director Kazuhito Kobayashi was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Second quarter 2023 earnings released: JP¥7.78 loss per share (vs JP¥9.64 profit in 2Q 2022) Second quarter 2023 results: JP¥7.78 loss per share (down from JP¥9.64 profit in 2Q 2022). Revenue: JP¥8.58b (up 18% from 2Q 2022). Net loss: JP¥49.0m (down 179% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Buying Opportunity • Oct 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 5.5%. The fair value is estimated to be JP¥709, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Announcement • Sep 14
Seiko Corporation to Report Q2, 2023 Results on Nov 09, 2022 Seiko Corporation announced that they will report Q2, 2023 results on Nov 09, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: JP¥8.10 loss per share (vs JP¥12.91 profit in 1Q 2022) First quarter 2023 results: JP¥8.10 loss per share (down from JP¥12.91 profit in 1Q 2022). Revenue: JP¥8.05b (up 3.0% from 1Q 2022). Net loss: JP¥51.0m (down 161% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jun 04
Seiko Corporation to Report Q1, 2023 Results on Aug 05, 2022 Seiko Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥117 (vs JP¥132 loss in FY 2021) Full year 2022 results: EPS: JP¥117 (up from JP¥132 loss in FY 2021). Revenue: JP¥31.4b (flat on FY 2021). Net income: JP¥750.0m (up JP¥1.60b from FY 2021). Profit margin: 2.4% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • May 15
Seiko Corporation, Annual General Meeting, Jun 24, 2022 Seiko Corporation, Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 7 non-independent directors. Independent Outside Director Kazuhito Kobayashi was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Seiko Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Seiko Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥11.19 (down from JP¥26.13 in 3Q 2021). Revenue: JP¥7.58b (down 9.2% from 3Q 2021). Net income: JP¥72.0m (down 57% from 3Q 2021). Profit margin: 1.0% (down from 2.0% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥9.64 (vs JP¥4.98 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥7.26b (down 2.2% from 2Q 2021). Net income: JP¥62.0m (up 94% from 2Q 2021). Profit margin: 0.9% (up from 0.4% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥12.91 (vs JP¥10.11 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.81b (up 24% from 1Q 2021). Net income: JP¥83.0m (up JP¥148.0m from 1Q 2021). Profit margin: 1.1% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • May 18
Full year 2021 earnings released: JP¥132 loss per share (vs JP¥41.68 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥31.7b (down 5.0% from FY 2020). Net loss: JP¥847.0m (down 416% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥26.12 (vs JP¥13.22 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥8.34b (up 4.7% from 3Q 2020). Net income: JP¥168.0m (up 98% from 3Q 2020). Profit margin: 2.0% (up from 1.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Jan 07
Seiko Corporation to Report Q3, 2021 Results on Feb 10, 2021 Seiko Corporation announced that they will report Q3, 2021 results on Feb 10, 2021 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improved over the past week After last week's 21% share price gain to JP¥687, the stock is trading at a trailing P/E ratio of 20.5x, up from the previous P/E ratio of 17x. This compares to an average P/E of 16x in the Machinery industry in Japan. Total return to shareholders over the past three years is a loss of 20%. Is New 90 Day High Low • Dec 02
New 90-day high: JP¥575 The company is up 7.0% from its price of JP¥535 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period. Reported Earnings • Nov 16
Second quarter 2021 earnings released: EPS JP¥4.98 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥7.43b (down 15% from 2Q 2020). Net income: JP¥32.0m (down 75% from 2Q 2020). Profit margin: 0.4% (down from 1.5% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Sep 28
New 90-day high: JP¥546 The company is up 6.0% from its price of JP¥517 on 30 June 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 7.0% over the same period. Upcoming Dividend • Sep 22
Upcoming Dividend of JP¥8.00 Per Share Will be paid on the 29th of November to those who are registered shareholders by the 29th of September. The trailing yield of 3.0% is below the top quartile of Japanese dividend payers (3.1%), but it is higher than industry peers (1.7%). Announcement • Sep 06
Seiko Corporation to Report Q2, 2021 Results on Nov 11, 2020 Seiko Corporation announced that they will report Q2, 2021 results on Nov 11, 2020 Announcement • Jul 17
Seiko Corporation to Report Q1, 2021 Results on Aug 07, 2020 Seiko Corporation announced that they will report Q1, 2021 results on Aug 07, 2020