Seiko Holdings Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Full Year Ending March 31, 2015
February 09, 2015
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Seiko Holdings Corporation reported consolidated earnings results for the nine months ended December 31, 2014. For the period, net sales were JPY 217,376 million against JPY 225,606 million a year ago. Operating income was JPY 11,334 million against JPY 13,370 million a year ago. Ordinary income was JPY 12,626 million against JPY 11,213 million a year ago. Net income was JPY 23,991 million against JPY 11,976 million a year ago. Net income per share was JPY 116.09 against JPY 57.95 a year ago.
For the full year ending March 31, 2015, the company expects report net sales of JPY 290.0 million, operating income of JPY 13.0 million, ordinary income of JPY 14.0 million and net income of JPY 25.0 million or net income per share of JPY 120.98.
Seiko Group Corp is a Japan-based company mainly engaged in the operation of watch business, electronic device business and system solution business. The Company operates through three business segments. The Watch segment is engaged in the manufacture, wholesale and retail of watches and watch movements, as well as watch repair and after-sales service. The Electronic Device segment is engaged in the manufacture and sale of crystal oscillators, batteries and materials, printers, and precision parts. The System Solution segment is engaged in the manufacture and sale of products related to wireless communication equipment, information network systems, and data services. The Company also operates the time creation and wako business, including the sale of equipment clocks and sports timing equipment, the development manufacture, sale, repair and after-sales service of clocks, the retail of luxury jewelry, apparel and miscellaneous goods, and real estate leasing business.
Seiko Holdings Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Full Year Ending March 31, 2015
SEIKO GROUP CORPORATION 
