Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥73.46 (vs JP¥23.16 in FY 2025) Full year 2026 results: EPS: JP¥73.46 (up from JP¥23.16 in FY 2025). Revenue: JP¥20.7b (up 7.1% from FY 2025). Net income: JP¥244.0m (up 201% from FY 2025). Profit margin: 1.2% (up from 0.4% 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 103% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • May 14
Seiryo Electric Corporation, Annual General Meeting, Jun 25, 2026 Seiryo Electric Corporation, Annual General Meeting, Jun 25, 2026. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥829, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 4.0% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). New Risk • Mar 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 7.1% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (JP¥2.81b market cap, or US$17.7m). Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥960, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 17% over the past three years. Reported Earnings • Feb 09
Third quarter 2026 earnings released: EPS: JP¥51.56 (vs JP¥6.29 in 3Q 2025) Third quarter 2026 results: EPS: JP¥51.56 (up from JP¥6.29 in 3Q 2025). Revenue: JP¥4.78b (up 4.4% from 3Q 2025). Net income: JP¥169.0m (up JP¥147.0m from 3Q 2025). Profit margin: 3.5% (up from 0.5% 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 88% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Duyuru • Dec 03
Seiryo Electric Corporation to Report Q3, 2026 Results on Feb 06, 2026 Seiryo Electric Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: JP¥50.34 (vs JP¥8.58 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥50.34 (up from JP¥8.58 loss in 2Q 2025). Revenue: JP¥4.57b (up 5.8% from 2Q 2025). Net income: JP¥165.0m (up JP¥195.0m from 2Q 2025). Profit margin: 3.6% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Duyuru • Sep 12
Seiryo Electric Corporation to Report Q2, 2026 Results on Nov 07, 2025 Seiryo Electric Corporation announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 06
First quarter 2026 earnings released: JP¥50.52 loss per share (vs JP¥94.62 loss in 1Q 2025) First quarter 2026 results: JP¥50.52 loss per share (improved from JP¥94.62 loss in 1Q 2025). Revenue: JP¥3.76b (up 10% from 1Q 2025). Net loss: JP¥171.0m (loss narrowed 48% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • May 31
Seiryo Electric Corporation to Report Q1, 2026 Results on Aug 01, 2025 Seiryo Electric Corporation announced that they will report Q1, 2026 results on Aug 01, 2025 Reported Earnings • May 18
Full year 2025 earnings released: EPS: JP¥23.16 (vs JP¥81.19 in FY 2024) Full year 2025 results: EPS: JP¥23.16 (down from JP¥81.19 in FY 2024). Revenue: JP¥19.3b (up 4.4% from FY 2024). Net income: JP¥81.0m (down 72% from FY 2024). Profit margin: 0.4% (down from 1.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year. Duyuru • May 16
Seiryo Electric Corporation (TSE:4341) announces an Equity Buyback for 222,000 shares, representing 6.35% for ¥177.6 million. Seiryo Electric Corporation (TSE:4341) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 6.35% of its issued share capital (excluding treasury stock), for ¥177.6 million. The shares will be repurchased at a price of ¥800 per share. The purpose of the program is to allocate the proceeds to the shares to be issued as stock compensation, as well as to implement a flexible capital policy in response to changes in the business environment and to improve capital efficiency. The program will run until May 15, 2025. As of March 31, 2025, the company had 3,498,168 shares in issue (excluding treasury stock) and 1,832 shares in treasury. Duyuru • May 14
Seiryo Electric Corporation, Annual General Meeting, Jun 26, 2025 Seiryo Electric Corporation, Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Duyuru • Mar 01
Seiryo Electric Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Seiryo Electric Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥6.29 (vs JP¥33.73 in 3Q 2024) Third quarter 2025 results: EPS: JP¥6.29 (down from JP¥33.73 in 3Q 2024). Revenue: JP¥4.58b (up 4.1% from 3Q 2024). Net income: JP¥22.0m (down 81% from 3Q 2024). Profit margin: 0.5% (down from 2.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jan 24
Now 20% overvalued Over the last 90 days, the stock has fallen 2.5% to JP¥775. The fair value is estimated to be JP¥644, however this is not to be taken as a sell 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. Buy Or Sell Opportunity • Dec 11
Now 20% overvalued Over the last 90 days, the stock has fallen 5.1% to JP¥778. The fair value is estimated to be JP¥647, however this is not to be taken as a sell 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. Duyuru • Nov 30
Seiryo Electric Corporation to Report Q3, 2025 Results on Feb 07, 2025 Seiryo Electric Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Buy Or Sell Opportunity • Nov 06
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.0% to JP¥781. The fair value is estimated to be JP¥649, however this is not to be taken as a sell 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. New Risk • Nov 03
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 133% Cash payout ratio: 189% Dividend yield: 5.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 133% Cash payout ratio: 189% Earnings have declined by 31% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.73b market cap, or US$17.9m). Reported Earnings • Nov 03
Second quarter 2025 earnings released: JP¥8.58 loss per share (vs JP¥17.15 profit in 2Q 2024) Second quarter 2025 results: JP¥8.58 loss per share (down from JP¥17.15 profit in 2Q 2024). Revenue: JP¥4.32b (down 2.8% from 2Q 2024). Net loss: JP¥30.0m (down 150% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Sep 25
Now 21% overvalued Over the last 90 days, the stock has fallen 2.2% to JP¥792. The fair value is estimated to be JP¥653, however this is not to be taken as a sell 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. Duyuru • Aug 27
Seiryo Electric Corporation to Report Q2, 2025 Results on Nov 01, 2024 Seiryo Electric Corporation announced that they will report Q2, 2025 results on Nov 01, 2024 Buy Or Sell Opportunity • Aug 16
Now 20% overvalued Over the last 90 days, the stock has fallen 6.0% to JP¥779. The fair value is estimated to be JP¥648, however this is not to be taken as a sell 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. Duyuru • Jul 05
Seiryo Electric Corporation to Report Q1, 2025 Results on Aug 02, 2024 Seiryo Electric Corporation announced that they will report Q1, 2025 results on Aug 02, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥81.19 (vs JP¥93.19 loss in FY 2023) Full year 2024 results: EPS: JP¥81.19 (up from JP¥93.19 loss in FY 2023). Revenue: JP¥18.5b (up 8.6% from FY 2023). Net income: JP¥284.0m (up JP¥610.0m from FY 2023). Profit margin: 1.5% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Duyuru • May 16
Seiryo Electric Corporation, Annual General Meeting, Jun 26, 2024 Seiryo Electric Corporation, Annual General Meeting, Jun 26, 2024. Duyuru • Mar 02
Seiryo Electric Corporation to Report Q4, 2024 Results on May 14, 2024 Seiryo Electric Corporation announced that they will report Q4, 2024 results on May 14, 2024 Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥33.73 (vs JP¥40.31 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥33.73 (up from JP¥40.31 loss in 3Q 2023). Revenue: JP¥4.40b (up 8.3% from 3Q 2023). Net income: JP¥118.0m (up JP¥259.0m from 3Q 2023). Profit margin: 2.7% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Duyuru • Nov 27
Seiryo Electric Corporation to Report Q3, 2024 Results on Feb 02, 2024 Seiryo Electric Corporation announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: JP¥17.15 (vs JP¥20.30 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥17.15 (up from JP¥20.30 loss in 2Q 2023). Revenue: JP¥4.45b (up 19% from 2Q 2023). Net income: JP¥60.0m (up JP¥131.0m from 2Q 2023). Profit margin: 1.3% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. The company last paid an ordinary dividend in May 2013. The average dividend yield among industry peers is 1.4%. Duyuru • Aug 27
Seiryo Electric Corporation to Report Q2, 2024 Results on Nov 02, 2023 Seiryo Electric Corporation announced that they will report Q2, 2024 results on Nov 02, 2023 Reported Earnings • Aug 04
First quarter 2024 earnings released: JP¥69.18 loss per share (vs JP¥12.29 loss in 1Q 2023) First quarter 2024 results: JP¥69.18 loss per share (further deteriorated from JP¥12.29 loss in 1Q 2023). Revenue: JP¥2.84b (down 9.7% from 1Q 2023). Net loss: JP¥242.0m (loss widened 463% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Duyuru • Jun 07
Seiryo Electric Corporation to Report Q1, 2024 Results on Aug 03, 2023 Seiryo Electric Corporation announced that they will report Q1, 2024 results on Aug 03, 2023 Reported Earnings • May 14
Full year 2023 earnings released: JP¥93.19 loss per share (vs JP¥56.60 profit in FY 2022) Full year 2023 results: JP¥93.19 loss per share (down from JP¥56.60 profit in FY 2022). Revenue: JP¥17.0b (down 1.1% from FY 2022). Net loss: JP¥326.0m (down 265% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • May 14
Seiryo Electric Corporation, Annual General Meeting, Jun 28, 2023 Seiryo Electric Corporation, Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥10.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: JP¥40.31 loss per share (vs JP¥11.15 loss in 3Q 2022) Third quarter 2023 results: JP¥40.31 loss per share (further deteriorated from JP¥11.15 loss in 3Q 2022). Revenue: JP¥4.06b (up 1.3% from 3Q 2022). Net loss: JP¥141.0m (loss widened 262% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat. Duyuru • Dec 09
Seiryo Electric Corporation to Report Q3, 2023 Results on Feb 03, 2023 Seiryo Electric Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Yoshinobu Tauchi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Second quarter 2023 earnings released: JP¥20.30 loss per share (vs JP¥30.02 loss in 2Q 2022) Second quarter 2023 results: JP¥20.30 loss per share (improved from JP¥30.02 loss in 2Q 2022). Revenue: JP¥3.73b (up 6.4% from 2Q 2022). Net loss: JP¥71.0m (loss narrowed 32% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Duyuru • Aug 31
Seiryo Electric Corporation to Report Q2, 2023 Results on Nov 04, 2022 Seiryo Electric Corporation announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: JP¥12.29 loss per share (vs JP¥31.16 loss in 1Q 2022) First quarter 2023 results: JP¥12.29 loss per share (up from JP¥31.16 loss in 1Q 2022). Revenue: JP¥3.14b (down 2.5% from 1Q 2022). Net loss: JP¥43.0m (loss narrowed 61% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Duyuru • Jun 19
Seiryo Electric Corporation to Report Q1, 2023 Results on Aug 04, 2022 Seiryo Electric Corporation announced that they will report Q1, 2023 results on Aug 04, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥56.60 (vs JP¥66.32 in FY 2021) Full year 2022 results: EPS: JP¥56.60 (down from JP¥66.32 in FY 2021). Revenue: JP¥17.2b (down 5.1% from FY 2021). Net income: JP¥198.0m (down 15% from FY 2021). Profit margin: 1.1% (down from 1.3% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Duyuru • May 15
Seiryo Electric Corporation, Annual General Meeting, Jun 28, 2022 Seiryo Electric Corporation, Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Yoshinobu Tauchi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 08
Seiryo Electric Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Seiryo Electric Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥11.15 loss per share (down from JP¥16.29 profit in 3Q 2021). Revenue: JP¥4.01b (down 1.7% from 3Q 2021). Net loss: JP¥39.0m (down 168% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: JP¥30.02 loss per share (vs JP¥9.43 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: JP¥3.51b (down 14% from 2Q 2021). Net loss: JP¥105.0m (down 418% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 09
First quarter 2022 earnings released: JP¥31.16 loss per share (vs JP¥60.89 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥3.22b (up 27% from 1Q 2021). Net loss: JP¥109.0m (loss narrowed 49% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥66.32 (vs JP¥71.75 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥18.2b (down 12% from FY 2020). Net income: JP¥232.0m (down 7.6% from FY 2020). Profit margin: 1.3% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Duyuru • Mar 17
Seiryo Electric Corporation to Report Fiscal Year 2021 Results on May 14, 2021 Seiryo Electric Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 03
Third quarter 2021 earnings released: EPS JP¥16.29 (vs JP¥5.72 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥4.07b (down 7.5% from 3Q 2020). Net income: JP¥57.0m (up 185% from 3Q 2020). Profit margin: 1.4% (up from 0.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Duyuru • Dec 23
Seiryo Electric Corporation to Report Q3, 2021 Results on Feb 01, 2021 Seiryo Electric Corporation announced that they will report Q3, 2021 results on Feb 01, 2021 Is New 90 Day High Low • Dec 18
New 90-day low: JP¥865 The company is down 7.0% from its price of JP¥928 on 18 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 Electronic industry, which is up 18% over the same period. Duyuru • Aug 30
Seiryo Electric Corporation to Report Q2, 2021 Results on Oct 30, 2020 Seiryo Electric Corporation announced that they will report Q2, 2021 results on Oct 30, 2020 Duyuru • Jun 19
Seiryo Electric Corporation to Report Q1, 2021 Results on Jul 31, 2020 Seiryo Electric Corporation announced that they will report Q1, 2021 results on Jul 31, 2020