Citizen Watch KK
7762
ISIN JP3352400000 / Valor 761610
Citizen Watch KK
UMushroom community rating:
About company
Citizen Watch Co., Ltd., established in 1918, initially focused on producing Japanese-made watches and has since diversified into a multifaceted corporation. Leveraging its expertise in precision engineering, the company began manufacturing machine tools in 1936, which have significantly contributed to global manufacturing industries. Today, Citizen operates across various sectors, including timepieces, machine tools, electronic devices, and industrial equipment. The company's extensive product portfolio and technological advancements underscore its commitment to innovation and quality in both consumer and industrial markets.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (20.08.2024):
Net Sales
Citizen Watch KK reported net sales of 75.8 billion yen for the three months ended June 30, 2024, reflecting a year-on-year increase of 4.4%. This growth was primarily driven by the solid performance of their Watches segment.
Operating Profit
Despite the increase in net sales, Citizen Watch KK's operating profit for Q1 2024 decreased by 15.4% year-on-year, amounting to 4.6 billion yen. The decline was attributed to increased advertising expenses associated with the 100th anniversary of the first "CITIZEN" watch.
Ordinary Profit
Citizen Watch KK's ordinary profit for the first quarter of 2024 was 7.3 billion yen, marking an 8.2% decrease compared to the same period in the previous year. This decline was influenced by various market conditions and increased operational costs.
Profit Attributable to Owners
For the three months ended June 30, 2024, Citizen Watch KK reported a significant increase in profit attributable to owners of the parent, which rose by 36.0% year-on-year to 8.5 billion yen. This increase was largely due to a gain on the sale of investment securities.
Dividends
Citizen Watch KK has announced an annual dividend forecast of 45.00 yen per share for the fiscal year ending March 31, 2025. This represents an increase from the previous fiscal year's total dividend of 40.00 yen per share.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1436 M
Market cap (USD)
845,700
Daily traded volume (Shares)
922 / 916
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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