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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 2019 JPYUSD
Revenue99,659M898.68M
Gross Profit49,449M445.90M
Operating income11,193M100.93M
Income before tax11,362M102.45M
Net income8,957M80.77M
EBITDA15,579M140.48M
Diluted EPS65.150.58
Dividends Per Share220.19
Total Assets130,467M1,178.72M
Total liabilities43,807M395.78M
Total equity85,561M773.01M
Operating cash flow12,247M110.43M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 98,839M 95,532M 87,638M 85,967M 99,659M
Gross Profit 51,688M 47,844M 41,208M 40,668M 49,449M
Operating income 10,030M 6,384M 4,366M 5,225M 11,193M
Income before tax 11,591M 5,434M 3,628M 4,602M 11,362M
Net income 7,857M 3,760M 2,698M 2,880M 8,957M
EBITDA 13,401M 10,353M 8,563M 9,510M 15,579M
Diluted EPS 55.71 27.38 19.65 20.97 65.15
Dividends Per Share 24 24 15 15 22
Total Assets 126,893M 124,624M 125,054M 121,190M 130,467M
Total liabilities 48,228M 48,762M 48,565M 41,806M 43,807M
Total equity 78,639M 75,811M 76,398M 78,230M 85,561M
Operating cash flow 7,582M 10,195M 9,246M 7,946M 12,247M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 899.71M 795.54M 809.30M 775.64M 898.68M
Gross Profit 470.50M 398.42M 380.54M 366.93M 445.90M
Operating income 91.30M 53.16M 40.31M 47.14M 100.93M
Income before tax 105.51M 45.25M 33.50M 41.52M 102.45M
Net income 71.52M 31.31M 24.91M 25.98M 80.77M
EBITDA 121.98M 86.21M 79.07M 85.80M 140.48M
Diluted EPS 0.50 0.22 0.18 0.18 0.58
Dividends Per Share 0.21 0.19 0.13 0.13 0.19
Total Assets 1,058.10M 1,108.80M 1,122.26M 1,139.53M 1,178.72M
Total liabilities 402.15M 433.84M 435.83M 393.09M 395.78M
Total equity 655.73M 674.50M 685.61M 735.58M 773.01M
Operating cash flow 69.01M 84.89M 85.38M 71.69M 110.43M

Valuation Measures

Mar 2019
PER31.44
ROA7.11%
ROE10.93%
Operating margin11.23%
Profit margin8.98%

Key executives

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

Shareholders

  • Matthews International Capital Management LLC (6.9%)
  • Asset Management One Co., Ltd. (6.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (6.4%)
  • Nikko Asset Management Co., Ltd. (3.4%)
  • JPMorgan Asset Management (Japan) Ltd. (3.4%)
  • Rheos Capital Works, Inc. (Investment Management) (3.2%)
  • Nomura Asset Management Co., Ltd. (2.8%)
  • The Vanguard Group, Inc. (2.5%)
  • Norges Bank Investment Management (2.1%)
  • 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
  • Teradyne, Inc.
  • National Instruments Corporation
  • Spirent Communications plc
  • Mettler-Toledo International Inc.
  • Marel hf.
  • Viavi Solutions Inc
  • EXFO Inc.
  • Wireless Telecom Group, Inc.
  • PCTEL, Inc.
  • NetScout Systems, Inc.
  • RADCOM Ltd.
Last Updated on 13 Dec, 2019

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