| [Test and Measurement Business Q&A] |
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Q1: |
Does Anritsu project that growth will
be faster overseas than in Japan in the test and measurement business during
fiscal 2005, particularly in Europe? |
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A1: |
Yes. We plan on growth overseas. Mark Evans of the United
States will head the Measurement Business Group. We expect growth in Europe
for signaling testers for third-generation (3G) development and protocol
test systems (PTS). We are working to strengthen our global responsiveness
in ways such as integrating the Mobile Business Unit of European Measurement
Division with the Wireless Measurement Division in Japan. Moreover, sales of
measuring instruments for 3G infrastructure development and IP testers
should continue to expand in Europe. |
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Q2: |
How is Anritsu approaching large
handset manufacturers who has close relationships with Cingular, which will
be the first to put 3G and 3.5G into service in the United States? |
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A2: |
We have solid relationships in 3G handset development with
handset manufacturers, including 3.5 generation (HSPDA*1). Also, our
production testers for 3G handsets are currently being evaluated for
possible use by them. |
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Q3: |
What is the status of 3G licenses in
China? |
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A3: |
We anticipate that 3G licenses will be issued by the end of
2005, but that is still not clear. Anritsu is strengthening its relationship
with the China Academy of Telecommunication Research (CATR), a certification
body to which we have delivered a conformance test system. |
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Q4: |
Why will operating income growth be
lower than sales growth for test and measurement equipment? |
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A4: |
Downward pressure on prices is strong in the mobile handset
manufacturing market, particularly in Asia, and we have incorporated the
risk of lower prices in our projections. |
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Q5: |
Will WiMAX*2 and wireless LAN, which
rival 3G, present serious business opportunities? |
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A5: |
Wireless IP telephony has the same potential for expansion
as 3G. We see large business opportunities in areas such as integrating
digital broadcasting and mobile and the expansion of IP networks. |
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| [Financial Position Q&A] |
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Q7: |
Why does Anritsu project lower taxes
for fiscal 2005? |
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A7: |
We will begin making consolidated tax payments in fiscal
2005 in Japan, and we project tax payments will decrease because we will use
benefit from operating loss carryforward from fiscal 2002, a year in which
we recorded a significant loss. |
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Q8: |
What is the status of revisions to
the medium-term management plan? |
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A8: |
Every fiscal year we prepare a rolling three-year
medium-term plan that includes the current fiscal year. We are currently at
the final stage of that process. Senior management changes are scheduled to
take place at the general meeting of shareholders in June. We intend to
announce the plan from the new management team during the presentation of
first-quarter results in July. |
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*1 |
High-Speed Download Packet Access (HSDPA): this
standard for high-speed data communication is more than 10 times faster
than 3G. |
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*2 |
World Interoperability for Microwave Access (WiMAX):
the standard for fixed wireless communication recognized by the IEEE. |
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