Seiko Electric Lowers Final-Year Targets for Mid-Term Plan Despite Strong Orders

Seiko Electric Co., Ltd. ( (JP:6653) ) has issued an announcement.

Seiko Electric Co., Ltd. has revised the final-year targets of its five-year mid-term management plan SEIKO IC2026, originally launched with the 2022 fiscal year, reflecting recent business performance and order trends. While orders received are still projected to reach ¥43 billion by FY2026, in line with the initial plan, the company now expects lower net sales and operating profit than first forecast.

The company cited a concentration of orders in the latter part of the plan period, which is delaying their conversion into net sales and earnings despite robust demand in its Power System and Environmental Energy and Control Systems business units. As a result, Seiko Electric cut its FY2026 net sales target from ¥40 billion to ¥36 billion and operating profit from ¥3.6 billion to ¥3 billion, implying an operating margin of 8.3%, a downgrade that tempers growth expectations but still reflects substantial profit expansion from FY2021 levels.

The most recent analyst rating on (JP:6653) stock is a Buy with a Yen2495.00 price target. To see the full list of analyst forecasts on Seiko Electric Co., Ltd. stock, see the JP:6653 Stock Forecast page.

More about Seiko Electric Co., Ltd.

Seiko Electric Co., Ltd. is a Japan-based manufacturer in the power systems and environmental energy control sectors. The company focuses on digital technologies for social infrastructure, carbon neutrality solutions, and integrated group operations under its One SEIKO framework, serving growing demand from AI data centers and energy storage facilities.

Average Trading Volume: 125,720

Technical Sentiment Signal: Buy

Current Market Cap: Yen35.13B

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