Anritsu Corporation · TSE:6754
Anritsu — Q3 FY2025 Earnings Presentation
18 slides from Anritsu's earnings presentation, Jan 29, 2026
Slide 1: Financial Results for the 3rd quarter of the Fiscal Year ending March 31, 2026
Financial Results for the 3rd quarter of the Fiscal Year ending March 31, 2026 Shunichi Sugita Director, Senior Vice President, CFO ANRITSU CORPORATION January 29th, 2026 TSE Prime Market TSE code：6754 https://www.anritsu.com
Slide 2: Cautionary Statement
Cautionary Statement All information contained in this release which pertains to the current plans, estimates, strategies and beliefs of ANRITSU CORPORATION (hereafter "Anritsu") that is not historical fact shall be considered forward-looking statements of future business results or other forward-lo
Slide 3: Agenda
Agenda 1. Outline of our business segments 2. Consolidated performance review of the 3rd quarter of the Fiscal Year ending March 31, 2026 3. Outlook for full year of the Fiscal Year ending March 31, 2026 (Consolidated) 4. Anritsu Initiatives ANRITSU CORPORATION Financial Results FY2025 3Q 3
Slide 4: 1. Outline of our business segments
1. Outline of our business segments T&M PQA EM Others Evolution and advances of Safety & security of food & Toward a decarbonized networked society medicals/pharmaceuticals society ◆ Mobile : 5G/6G, 5G Utilization ◆ Food inspection market ◆ EVs and batteries ◆ Sensing & ◆ Network Infrastructure : Da
Slide 5: 2-1. Consolidated performance - Financial results
2-1. Consolidated performance - Financial results - YoY increased revenue and profit Unit: Billion Yen International Financial FY2024 FY2025 Reporting Standards (IFRS) YoY YoY (%) (Apr to Dec) (Apr to Dec) Orders 81.9 86.8 4.9 6% Revenue 80.8 81.1 0.3 0% Operating profit (loss) 6.4 8.4 2.0 31% Profi
Slide 6: 2-2. Consolidated performance - Results by business segment
2-2. Consolidated performance - Results by business segment - T&M decrease revenue but increase profit YoY, PQA increase revenue and profit YoY, Environmental Measurement decrease revenue and profit YoY Unit: Billion Yen International Financial FY2024 FY2025 Reporting Standards (IFRS) YoY YoY (%) (A
Slide 7: 2-3. Consolidated performance - Revenue and Op. profit by quarters
2-3. Consolidatedperformance - RevenueandOp.profitbyquarters- 3Q(Oct-Dec) Operating margin：T&M 14.8％, PQA 8.0%, Environmental Measurement 3.2% Bn. Yen Bn. Yen FY2024 FY2025 FY2024 FY2025 Revenue Op. profit Note: Numbers are rounded to the first decimal place. ANRITSU CORPORATION Financial Results FY
Slide 8: 2-4. Overview of operations by business segment
2-4. Overview of operations by business segment Segment FY2025 (Apr to Dec) T&M: Customer investment, which had been deferred due to US tariff policies, recovered gradually. Capital investment, which had been stagnant due to rising global prices and labor costs, has resumed. However, cautiousness re
Slide 9: 2-5. Transition of Orders
2-5. Transition of Orders T&M : increased 24％ YoY, PQA : increased 8% YoY, Environmental Measurement : decreased 32% YoY Bn. Yen FY2023 FY2024 FY2025 Note: Numbers are rounded to the first decimal place. ANRITSU CORPORATION Financial Results FY2025 3Q 9
Slide 10: 2-6. Transition of Revenue by Region
2-6. Transition of Revenue by Region Bn. Yen FY2023 FY2024 FY2025 Note: Numbers are rounded to the first decimal place. ANRITSU CORPORATION Financial Results FY2025 3Q 10
Slide 11: 2-7. Cash Flow
2-7. Cash Flow Operating cash flow margin ratio was Details Unit : Billion Yen 11.5% FY2025 (Apr to Dec) Operating CF : 9.3 Bn. Yen Investing CF : (12.5) Bn. Yen Financing CF : (5.8) Bn. Yen Free Cash Flow Op.CF＋Inv. CF : (3.2) Bn. Yen Cash at the end of period 43.0 Bn. Yen Interest-bearing debt 7.0
Slide 12: 3. Forecast for full year of FY2025 (Consolidated)
3. Forecast for full year of FY2025 (Consolidated) Remains unchanged from that announced on April 25, 2025. Unit: Billion Yen FY2024 FY2025 International Financial Reporting Standards (IFRS) Actual Forecast YoY YoY(%) Revenue 113.0 123.0 10.0 9% Operating profit (loss) 12.1 15.0 2.9 24% Profit (loss
Slide 13: 4. Anritsu Initiatives
4. Anritsu Initiatives Hirokazu Hamada Representative Director, President ANRITSU CORPORATION ANRITSU CORPORATION Financial Results FY2025 3Q 13
Slide 14: 4-1. Upcoming Initiatives: Mobile market trends and Business opportunity
4-1. Upcoming Initiatives : Mobile market trends and Business opportunity Market size Revised in October 2025 IoT/ Automotive ・Wrong-way vehicle detection technology 5G/6G ・Enhancement 5G contents (Metaverse, etc) Utilization ・Drone ・Platoon drive of tracks ・Autonomous car Market ・SDV ・5G equipped c
Slide 15: 4-2. Q4 Business Drivers by Business Segment
4-2. Q4 Business Drivers by Business Segment T&M -Demand for manufacturing test instruments driven by expanded production of 800GE optical transceivers and the ramp-up of 1.6TE optical transceiver production in the data center–related market -Demand for general-purpose test and measurement instrumen
Slide 16: 4-3. First-Time Participation CES 2026
4-3. First-Time Participation CES（Consumer Electronics Show) 2026 One of the World’s Largest Technology Trade Shows January 6–9, 2026 | Las Vegas, USA Goals of participating -Establish a stronger presence in industries outside the information and communication industry, such as the automotive indust
Slide 17: 4-4. Completion of the DEWETRON Share Acquisition
4-4. Completion of the DEWETRON Share Acquisition October 21, 2025 – Share Transfer Completed From November 2025 – Fully Consolidated January 8, 2026 – Domestic Sales Launched Company Name : DEWETRON GmbH Location : Grambach, Austria Established : August 18, 1989 Capital : €500,000 Main Products : P
Slide 18: /inritsu
/inritsu 180 Advancing beyond —_Aaniversary