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Seiko Epson Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary3 Feb, 2026
Executive summary
Q3 FY2025 results exceeded internal plans despite soft demand in China and Europe, with strong performance in printing solutions and manufacturing-related & wearables, but visual communications orders declined, especially for education and event products.
Revenue for the nine months ended December 31, 2025, rose 2.0% year-over-year to ¥1,043.8 billion, driven by growth in printing solutions and manufacturing-related & wearables segments, offsetting declines in visual communications.
Business profit fell 13.7% year-over-year to ¥63.8 billion, mainly due to lower visual communications revenue and higher U.S. tariff costs.
Favorable foreign exchange effects contributed to increased revenue and profit, offsetting the impact of U.S. tariffs compared to the previous year.
Profit attributable to owners of the parent dropped 25.2% year-over-year to ¥35.4 billion.
Financial highlights
Q3 FY2025 revenue rose 7.7% year-over-year to ¥376.5B; business profit increased 15% to ¥26.4B.
For the first nine months, revenue grew 2% year-over-year to ¥1,043.8B, but business profit declined 13.7% to ¥63.8B.
Gross profit for the period was ¥371.3 billion, with a gross margin of 35.6%.
Operating profit declined 7.1% year-over-year to ¥58.4 billion.
Profit for the period attributable to owners fell 30.4% year-over-year to ¥16.8B; EPS dropped to ¥52.37 from ¥74.10.
Outlook and guidance
FY2025 full-year revenue outlook raised to ¥1,390.0B (+2.0% year-over-year); business profit forecast unchanged at ¥75.0B (-16.3% year-over-year).
Profit for the period is projected at ¥41.0 billion, with basic EPS forecast at ¥127.95.
Q4 demand decline in some businesses and continued challenges in visual communications are factored into the outlook.
Estimates reflect positive foreign exchange effects and strong office/home printing sales, offset by visual communications weakness.
Foreign exchange assumptions revised for a weaker yen.
What offsets Printing Solutions' profit increase?
Visual Communications segment recovery plan
Quantify U.S. tariff impact on Printing Solutions
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Next Seiko Epson earnings date
Q4 20261 May, 2026
Seiko Epson
Next Seiko Epson earnings date
Q4 20261 May, 2026
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Frequently asked questions
Seiko Epson Corporation is a global technology company known for its expertise in printing, imaging, and information-related equipment. The company develops and manufactures a wide range of products, including printers, projectors, robots, and wearable devices. Seiko Epson serves various sectors such as office solutions, home and consumer electronics, industrial automation, and visual communications. Its innovative technologies are designed to enhance productivity and creativity while minimizing environmental impact. The company is headquartered in Suwa, Japan, and its shares are listed on the TSE.
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