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Group CEO Message

Addressing Social Issues with our Measurement Capabilities

Establishing a Business Foundation Following Test and Measurement.
Nurturing Second and Third Pillars to Achieve Both Stable Growth and Solving Social Issues

Toward Realizing a Diverse Portfolio to Mitigate the Volatility of the Test and Measurement Business.
Through challenges in 6G and three new business fields, we continue to evolve as a technology solution partner that address social issues.

FY2024 Review: Demonstrating the Full Capabilities of All Anritsu

In fiscal year 2024, our core mobile business in the Test and Measurement Business has entered a transition period between 5G and 6G, starting with a limited contribution to business performance. Amid these circumstances, the explosive growth of generative AI led to rapid expansion in the Data Center-related Business, the other pillar of the Test and Measurement Business.
However, this did not fully compensate for the stagnation of the Mobile Business, resulting in decreased revenue but increased profits for the Test and Measurement Business. On the other hand, as a company overall, we ultimately secured increased revenue and profits. This was due to growth in businesses other than the Test and Measurement Business—namely, the PQA Business, Environmental Measurement Business, and Sensing & Device Business—which allowed All Anritsu to demonstrate its full capabilities this year.

 

Since my appointment as president in 2018, I have felt a strong sense of crisis about our susceptibility to specific market cycles, and believed that a transformation is necessary. Therefore, as a first step, I undertook a review of the business structure that had previously been distributed among subsidiaries.
For instance, the PQA business, which performed strongly in fiscal year 2024, had once been separated as a subsidiary.
However, this made it difficult to fully leverage our corporate resources and prevented us from building a flexible organization that could respond to market changes.
Therefore, in 2021, we integrated it into the Anritsu Corporation and initiated a full-scale growth strategy by concentrating human and financial resources. The market for food quality assurance and foreign object inspection, which the PQA Business addresses, is expected to see stable growth compared to the mobile market of the Test and Measurement Business. In addition, our current global market share is about 10%, providing potential for expansion.
Currently, in the United States, the trend toward labor-saving and automation due to recent increases in labor costs is allowing our business with major companies to expand. This is the result of persistent proposal activities over many years.
We aim to further accelerate the global expansion of our PQA business and expect it to become a core pillar for the company.

 

In the Test and Measurement Business, we have high expectations for the 6G business, with demand anticipated in the latter half of fiscal year 2027, and are steadily preparing for it. However, it is essential to build a foundation that will enable growth during the years leading up to the start of demand for 6G. The results for fiscal year 2024 are just the first step, and preparations will continue for a further leap forward in the future.

Toward Becoming a 200-Billion-Yen Company by Fiscal Year 2030: Becoming a Solution Partner Responding to Social Issues with Technology

Aiming to become a 200-billion-yen company by fiscal year 2030—this goal does not exist as a mere extension of our current situation. The Mobile Business, which has supported us until now, is experiencing a slowdown in growth in the Test and Measurement Business, so a new growth strategy is needed. To achieve this goal, our medium-term business plan, GLP2026, positions three new business fields—“Industrial Measurement,” “EV/Battery,” and “Medical/Pharmaceutical”— as pillars of growth.

 

Industrial Measurement Field: General-purpose test instruments from the Test and Measurement Business are the main solutions. We have mainly provided these solutions to customers in the telecommunications field. However, the industrial measurement field is broad in scope, and, for example, we can offer solutions to customers in the automotive industry as well. Currently, competitors hold an overwhelming share of this market. However, with the market structure changing in Asia and beyond, now is the time for a renewed challenge. General-purpose test instruments are often used in basic research, and we are working to build a next-generation customer base by strengthening relationships with universities and research institutions. Furthermore, we will leverage our 130-year history since founding and our technological expertise in pioneering of the telecommunications field as brand value to drive new developments.

 

EV/Battery Field: In 2022, Anritsu welcomed TAKASAGO, LTD., a company with strong power control technologies, into our Group. And in April 2025, we made the decision to welcome DEWETRON of Austria, which possesses power measurement technologies, into our Group. TAKASAGO, LTD. excels in the development and manufacture of high-performance power supplies, but their products are essentially “power supplies” themselves. DEWETRON excels at measuring electrical power such as current and voltage, and holds a strong global presence especially in measurements for EV/HEV drive components and batteries. By combining both companies’ solutions, Anritsu will offer total solutions covering both power output and power measurement. Regarding the challenge of overseas expansion, leveraging DEWETRON’s global sales network and its international brand strength will open new pathways for delivering TAKASAGO, LTD.’s products to the world.

 

Medical/Pharmaceutical Field: We are developing new products to meet safety and security needs, utilizing insights gained in food inspection. In the pharmaceutical market, there is high motivation to invest in more advanced quality inspection, and we feel our solutions are highly compatible as well. Going forward, including collaboration with external partners for sales channel expansion, we will nurture this as a reliable growth field.

 

And in addition, in March 2025, we decided to acquire 32.72% of the shares of France’s SmartViser and enhance our collaboration with the company. SmartViser’s embedded terminal solutions, when installed in smartphones, monitor the state of communication with base stations. By combining them with our mobile test solutions, we can construct solutions that monitor the state of communication while controlling smartphone communications in real time. This new solution will shift the business model from conventional “selling of test instrument boxes as hardware” to “software-based test solutions.”
This is not merely an expansion of our product lineup, but a step toward transforming our measurement culture itself. We design and propose “how to implement measurement” together with our customers. Through that process, we believe we can deliver unprecedented added value. Anritsu will take on the role not just as a device manufacturer, but as a solution partner utilizing technology to address social issues.

6G and Three New Business Areas in GLP2026 and Progress

Expanding the technical field, supporting learning and challenges for diverse talent

For Anritsu as a technology company, the most important management resource is its people. Technical expertise cannot be built overnight; it demonstrates its true value only through experience and accumulation in the field. That is precisely why creating an environment that fully supports the learning and growth of each individual employee directly contributes to sustainable growth as a company.
In recent years, I have developed a sense of urgency about the state of our organization. As a result of focusing resources on the mobile business, we have seen an increase in engineers whose expertise is biased toward mobile technology, leading to cases where switching to wired or optical technology has become difficult. Now, we are striving to build systems that allow employees to expand their horizons and continuously learn new knowledge, regardless of their area of expertise.
For example, new employees are given opportunities to develop skills by gaining experience over their first three years in product development projects across various fields. Having knowledge and experience in multiple fields is extremely important, and we hope that the work styles developed here will become the foundation for engineers who can adapt to new fields in the future.
As globalization advances, collaboration with overseas subsidiaries and M&A partners is progressing, and it is increasingly important to have openness to diverse values and to ensure psychological safety. We strive to create a culture where everyone can feel safe to express their opinions and foster a culture of taking on challenges without fear of failure.
Human resource strategy is a continuous effort. To keep pace with the ever-evolving market, we will continue to expand learning opportunities and create workplaces where diverse talent can maximize their strengths.

Addressing social issues while enhancing management quality

In management, I believe that the most important thing is to continually enhance quality. As the management environment becomes more complex and the speed of change accelerates, the issue is not only developing systems and mechanisms, but also how to elevate the substance of their management—that is, the very “quality of management.”
For the outside directors, I expect roles beyond mere formal checking functions; I expect them to be strategic dialogue partners. In recent years, outside directors at our Company have been actively involved in important management issues, providing multifaceted questions and insights that prompt management to delve deeper into those topics. They are valuable resources who bring perspectives that aren’t simply extensions of our current approaches, drawing on their rich experiences at other companies. I feel this significance is especially great in areas like business portfolios, where it is difficult to find definitive answers within the Company. This ongoing dialogue of dialogue is the driving force that gives our Company greater depth and breadth.
This deepening of governance directly connects to ESG management as well. Our Company sets clear sustainability goals such as “PGRE 30,” and top management takes the lead in addressing climate change and increasing the in-house power generation ratio. This year, we have taken up the theme of embedding SDGs into our business. An example is the collection and recycling of old products, or a system that defines the social roles of products during development and shares these roles with the sales front lines.
What’s important is not to view SDGs as “externally imposed goals,” but to define “how we can contribute” ourselves by aligning with our strengths and investing resources accordingly. Viewing ESG not as a constraint on management but as an opportunity for growth, Anritsu will continue to address social issues with technology and sincere commitment.

Striving to be a company that people are glad exists

Anritsu’s mission is to address social issues through testing technologies. Our technologies are used in telecommunications, healthcare, food, energy, and other fields that continue to expand every year, thus further increasing our social responsibility. We will continue to build a better society with the power of technology, sincerely engaging with our stakeholders and fostering dialogue and co-creation. As a company that walks side by side with society, we will contribute to realizing a sustainable future while aiming to be an essential presence both in Japan and around the world, so that people think “I’m glad that Anritsu exists.” We sincerely ask for your continued support and patronage.

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