Seiko Electric Co., Ltd. (6653) Earnings: Operating Profit Up 25.5% YoY to 1.68 Billion Yen, Net Income Jumps 49.3%

Seiko Electric Co., Ltd. (6653) announced its latest financial results, reporting a solid 18.6% year-on-year increase in net sales to 17.104 billion yen and a 25.5% increase in operating profit to 1.68 billion yen. Ordinary profit rose 32.7% to 2.028 billion yen, while net income attributable to owners of the parent surged 49.3% to 1.458 billion yen. Comprehensive income also expanded by 66.0% to 1.827 billion yen, with earnings per share (EPS) registering at 107.79 yen.

From a financial and valuation perspective, the company maintains a stable equity ratio of 54.1%, reflecting a sound financial foundation. Retained earnings stand at 10.67 billion yen against interest-bearing debt of just 0.99 billion yen, underscoring strong financial safety. In addition, cash and cash equivalents stand at 8.37 billion yen, operating cash flow is 7.20 billion yen, and free cash flow reached 5.52 billion yen. These figures highlight steady earnings growth backed by a robust financial structure.