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Electronic Technology

Anritsu Corp.

Business Summary

Anritsu Corp. engages in the development, production, and sale of measuring equipment and industrial machines. It operates through the following business divisions: Test and Measurement, PQA, and Others. The Test and Measurement division provides measuring instruments for digital communications and internet protocol (IP) networks, optical communications, mobile communications, and micro and high-frequency bands. The PQA division deals with automatic weight sorters, automatic weighing machines, foreign object detection machines, and precision measuring machines. The Others division includes telecommunications, device, logistics, welfare services, real estate leasing, personnel and accounting back-office jobs, and parts manufacturing businesses. The company was founded in 1895 and is headquartered in Atsugi, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue107,023M984.33M
Gross Profit56,196M516.85M
Operating income17,064M156.94M
Income before tax17,181M158.02M
Net income13,355M122.83M
EBITDA22,063M202.92M
Diluted EPS97.150.89
Dividends Per Share310.28
Total Assets138,873M1,286.39M
Total liabilities43,625M404.10M
Total equity94,172M872.32M
Operating cash flow14,721M135.39M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 95,532M 87,638M 85,967M 99,659M 107,023M
Gross Profit 47,844M 41,208M 40,668M 49,449M 56,196M
Operating income 6,384M 4,366M 5,225M 11,193M 17,064M
Income before tax 5,434M 3,628M 4,602M 11,362M 17,181M
Net income 3,760M 2,698M 2,880M 8,957M 13,355M
EBITDA 10,353M 8,563M 9,510M 15,579M 22,063M
Diluted EPS 27.38 19.65 20.97 65.15 97.15
Dividends Per Share 24 15 15 22 31
Total Assets 124,624M 125,054M 121,190M 130,467M 138,873M
Total liabilities 48,762M 48,565M 41,806M 43,807M 43,625M
Total equity 75,811M 76,398M 78,230M 85,561M 94,172M
Operating cash flow 10,195M 9,246M 7,946M 12,247M 14,721M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 795.54M 809.30M 775.64M 898.68M 984.33M
Gross Profit 398.42M 380.54M 366.93M 445.90M 516.85M
Operating income 53.16M 40.31M 47.14M 100.93M 156.94M
Income before tax 45.25M 33.50M 41.52M 102.45M 158.02M
Net income 31.31M 24.91M 25.98M 80.77M 122.83M
EBITDA 86.21M 79.07M 85.80M 140.48M 202.92M
Diluted EPS 0.22 0.18 0.18 0.58 0.89
Dividends Per Share 0.19 0.13 0.13 0.19 0.28
Total Assets 1,108.80M 1,122.26M 1,139.53M 1,178.72M 1,286.39M
Total liabilities 433.84M 435.83M 393.09M 395.78M 404.10M
Total equity 674.50M 685.61M 735.58M 773.01M 872.32M
Operating cash flow 84.89M 85.38M 71.69M 110.43M 135.39M

Valuation Measures

Mar 2020
PER20.63
ROA9.91%
ROE14.86%
Operating margin15.94%
Profit margin12.47%

Key executives

  • President, Group CEO & Representative Director: Hirokazu Hamada
  • CFO, Director & Senior Managing Executive Officer: Akifumi Kubota
  • Executive Officer: Ichiro Takeuchi
  • Executive Officer & General Manager-Japan Sales: Yasunobu Hashimoto
  • Director & Managing Executive Officer: Masumi Niimi

Shareholders

  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (6.5%)
  • Asset Management One Co., Ltd. (5.4%)
  • Nikko Asset Management Co., Ltd. (5.1%)
  • Nomura Asset Management Co., Ltd. (4.6%)
  • Matthews International Capital Management LLC (4.3%)
  • JPMorgan Asset Management (Japan) Ltd. (3.4%)
  • Rheos Capital Works, Inc. (Investment Management) (3.2%)
  • The Vanguard Group, Inc. (2.7%)
  • Norges Bank Investment Management (1.7%)
  • Sumitomo Life Insurance Co. (1.6%)

Contact Details

Related Companies

  • Anritsu Americas Sales Co.
  • Anritsu Infivis Co., Ltd.
  • Anritsu Infivis (Thailand) Co. Ltd.
  • Anritsu Directors Incentive Plan
  • Anritsu Communications Technology (Shanghai) Co. Ltd.
  • Anritsu Electronics Shanghai Co. Ltd.
  • Anritsu (China) Co. Ltd.
  • Anritsu India Pvt Ltd.
  • Anritsu Industrial Solutions (Shanghai) Co., Ltd.
  • Anritsu Solutions SRL
  • Anritsu Electronics Co., Ltd.
  • Anritsu Corp. Ltd.
  • Anritsu Electronics Ltd.
  • Anritsu Engineering Co. Ltd.
  • Anritsu A/S
  • Anritsu Kousan Co. Ltd.
  • Anritsu EMEA Ltd.
  • Anritsu Customer Services Co. Ltd.
  • Tohoku Anritsu Co. Ltd.
  • Anritsu Industrial Solutions Co., Ltd.
  • Anritsu Ltd.
  • Anritsu Networks KK
  • Anritsu
  • Anritsu Real Estate Co. Ltd.
  • Anritsu Devices Co. Ltd.
  • Anritsu Business Association
  • Anritsu AB
  • Anritsu US Holding, Inc.
  • Anritsu Instruments Co.
  • Anritsu Co.

Competitors

  • Keysight Technologies Inc
  • Viavi Solutions Inc
  • EXFO Inc.
  • Wireless Telecom Group, Inc.
  • Teradyne, Inc.
  • PCTEL Inc
  • National Instruments Corporation
  • NetScout Systems, Inc.
  • RADCOM Ltd.
Last Updated on 25 Nov, 2020

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