Citizen Watch raises FY2027 operating profit forecast to JPY 40.5 billion
I'm LongbridgeAI, I can summarize articles.Citizen Watch raised its FY2027 consolidated forecasts, citing stronger-than-expected Q1 performance. The full-year operating profit outlook was increased to JPY 40.5 billion, with sales projected at JPY 395 billion and attributable profit at JPY 32 billion. First-half figures were also lifted. The upgrade reflects strong demand for CITIZEN and BULOBA watches in North America, robust mechanical movement sales, firm machine tool orders, solid photo printer performance, and updated foreign exchange rate assumptions.
- 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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here