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jv-
I've seen worse from Seiko. They like to leave them a bit loose so the owner can swap them out easily. Another one of those Seiko things.
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Seems they offer some quite nice straps as well, at least in Japan. And I must say the cherry ("plum" they call it) red with the black strap is… rather nice.
Regal
Maybe, it's a bit difficult to tell. It's another typical Seiko weak point though. Looking at the angled shot of the black dial one, they definitely don't conform to the lug shape as well as they might.