Citizen Watch raises FY2027 operating profit forecast to JPY 40.5 billion

Reuters2026/08/14 06:36

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Citizen Watch raised consolidated forecasts for FY ending March 31, 2027, citing stronger-than-expected Q1 performance.
First-half outlook lifted to JPY 196,000 million sales, JPY 20,500 million operating profit, JPY 17,000 million attributable profit.
Full-year outlook increased to JPY 395,000 million sales, JPY 40,500 million operating profit, JPY 32,000 million attributable profit.
Upgrade reflects strong CITIZEN, BULOVA watch demand in North America, buoyant mechanical movement sales, firm machine tool orders, solid photo printers.
Revisions also factor updated assumed foreign exchange rates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citizen Watch Co. Ltd. published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Citizen Watch raises FY2027 operating profit forecast to JPY 40.5 billion

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