Glossary

Device Solutions (DS) Domain

This domain includes the device solutions business.

For more information about the Device Solutions domain, click here.

Dividend Payout Ratio

An indicator showing how much profit is returned to shareholders as dividends. The formula for this ratio is: Total Dividends ÷ Net Income × 100

ESG

An acronym for Environment, Social, and Governance. These are essential elements for the healthy and sustainable growth of any company, and their value is being recognized worldwide.

Emotional Value Solutions (EVS) Domain

One of our Group’s 3 solutions domains, EVS includes the watch business, clock business, equipment clock/sports timing business, and Wako business.

For more information about the Emotional Value Solutions domain, click here.

Free Cash Flow (FCF)

Cash flow generated by a company's core business activities. (FCF = Cash Flow from Business Operations + Cash Flow from Investments)

GB

Abbreviation for Global Brands. The GBs comprise six brands: Grand Seiko, King Seiko, Seiko Prospex, Seiko Astron, Seiko Presage, and Seiko 5 Sports.

GB Strategy

A global strategy to expand sales of products that have excellent technology and special brand stories and that deliver joy and excitement to customers, by developing marketing activities aligned with each GB’s signature story.

GS

Grand Seiko.

MVP Strategy

The basic Group policy outlined in SMILE145: to provide Moving (emotional), Valuable (high value-added), and Profitable (high-profit margin) products/services while addressing social issues and improving overall profitability.

MVP Ratios

Emotional Value Solutions (EVS): The sales ratio of luxury and high-value products, such as GB, to total sales (Watch Business: MVP Ratio = GB Ratio).
Device Solutions (DS): The sales sales ratio of products for the digital economy and green economy markets into total sales.
System Solutions (SS): The ratio of ongoing or contract business to marginal profit.

PBR

Price-Book Value Ratio. Another key indicator to evaluate the level of stock prices. Formula: Stock Price ÷ Book Value Per Share (BPS)

PER

Price-Earnings Ratio. One of the key indicators to evaluate the level of stock prices. The formula is: Stock Price ÷ Earnings Per Share (EPS)

ROE

Return on Equity. The ratio of net income to shareholders' equity.

ROIC

Return on Invested Capital. An important indicator that measures management efficiency by showing how much profit a company generates from its invested capital.

SMILE145

An abbreviation for "Seiko Milestone 145," our Group’s 8th medium-term management plan. It is a five-year plan formulated by backcasting from the Group's 10-year vision, and named for the 145th anniversary of our founding. The target fiscal years are from 2022 to 2026.

System Solutions (SS) Domain

This domain includes the system solutions business.

For more information about the System Solutions domain, click here.

Stakeholder

Refers to all parties involved in or affected by corporate activities, including shareholders, customers, employees, business partners, financial institutions, surrounding communities, etc.

Seiko House

The building at the main Ginza 4-chome intersection, formerly known as the Wako Main Building, is now called Seiko House. It still houses the prestigious Wako specialty store, but much of the building is now used as a culture center and as a base for promoting the Seiko brand.

Toki-iku

Activities aimed at fostering the abilities of children and young people (the leaders of the next generation) to learn the importance of Time and to develop the ability to think for themselves. All of this is in line with the Seiko's Group purpose of "creating a future filled with smiles."

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