Anritsu Corporation · TSE:6754
Anritsu — Q2 FY2025 Earnings Presentation
17 slides from Anritsu's earnings presentation, Oct 30, 2025
Slide 1: Financial Results for the 2nd quarter of the Fiscal Year ending March 31, 2026
Financial Results for the 2nd quarter of the Fiscal Year ending March 31, 2026 Shunichi Sugita Director, Senior Vice President, CFO ANRITSU CORPORATION October 30th, 2025 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 2nd 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 1Q 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 decreased revenue, increased profit Unit: Billion Yen International Financial FY2024 FY2025 Reporting Standards (IFRS) YoY YoY (%) (Apr to Sep) (Apr to Sep) Orders 53.5 55.0 1.5 3% Revenue 53.3 51.7 (1.6) -3% Operating profit (loss) 3.6 5.0 1.4
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- 2Q(Jul-Sep) Operating margin：T&M 16.3％, PQA 11.5%, Environmental Measurement 14.2% Bn. Yen Bn. Yen FY2024 FY2025 FY2024 FY2025 Revenue Op. profit Note: Numbers are rounded to the first decimal place. ANRITSU CORPORATION Financial Results
Slide 8: 2-4. Overview of operations by business segment
2-4. Overview of operations by business segment Segment FY2025 (Apr to Sep) 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 19％ YoY, PQA : increased 9% YoY, Environmental Measurement : decreased 52% YoY Bn. Yen FY2023 FY2024 FY2025 Note: Numbers are rounded to the first decimal place. ANRITSU CORPORATION Financial Results FY2025 2Q 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 2Q 10
Slide 11: 2-7. Cash Flow
2-7. Cash Flow Operating cash flow margin ratio was Details Unit : Billion Yen 16.4% Others 0.3 FY2025 (Apr to Sep) <-Accounts payable 0.4 Operating CF : 8.5 Bn. Yen Investing CF : (1.4) Bn. Yen Financing CF : (3.1) Bn. Yen Free Cash Flow Op.CF＋Inv. CF : 7.1 Bn. Yen Cash at the end of period 54.6 Bn
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 2Q 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. New Product Release: Solution Designed for 1.6TE Optical Transceivers
4-2. New Product Release: Solution Designed for 1.6TE Optical Transceivers Signal evaluation for 200G/Lane x 8ch next-generation high-speed communication standards In the optical communications market, where transmission speeds are accelerating alongside the rapid growth of AI data centers, we suppo
Slide 16: 4-3. Exhibitor at CEATEC 2025
4-3. Exhibitor at CEATEC 2025 Solving the challenges of Anritsu booth overview Solving the challenges of mobility telecommunications Theme Taking on Challenges Together with Anritsu Going Beyond “Measurement” to Lead the Way to a Sustainable Future Automated driving and vehicle development Exhibitio
Slide 17: /inritsu
/inritsu 180 Advancing beyond —_Aaniversary