Citizen Watch (7762) Earnings: Operating Profit Surges 110.9% YoY to 9,913 Million Yen

Citizen Watch (7762) announced its latest financial results, posting net sales of 98,129 million yen, a significant increase of 30.3% year-on-year. Operating profit surged by 110.9% to 9,913 million yen, while ordinary profit grew by 90.8% to 11,767 million yen. Net income attributable to owners of the parent stood at 8,921 million yen, representing a slight decrease of 2.9% compared to the same period last year.

From a financial and valuation perspective, the company maintains a robust balance sheet with an equity ratio of 62.2%. Retained earnings reached 161.00 billion yen, providing a solid foundation for future growth investments and shareholder returns. Furthermore, the return on equity (ROE) came in at 3.23% and the return on assets (ROA) at 1.99%, reflecting favorable asset efficiency and profitability. Supported by an EBITDA of 44.65 billion yen, the company demonstrates strong cash-generating capabilities and steady overall financial health.