ANRITSU CORPORATION (6754) Stock Price

Anritsu operates primarily across four business segments. First, in the Communications Measurement segment, the company provides measuring instruments for digital communications and IP networks, measurement equipment for optical and mobile communications, general-purpose instruments for RF, microwave, and millimeter-wave bands, and service assurance solutions. Related companies such as Tohoku Anritsu and Anritsu Customer Support are active in this field.

Second, the PQA (Products Quality Assurance) segment handles automatic weight sorters, automatic electronic scales, foreign material detection equipment, and comprehensive quality management and control systems. Anritsu Infivis and Anritsu Infivis Inc. are major affiliated companies in this field.

In the Environmental Measurement segment, the company provides testing equipment for EVs and batteries, support services for local 5G, and monitoring solutions. Tohoku Anritsu and Takasago Electric Manufacturing Co., Ltd. are major affiliated companies in this field.

Finally, the Other segment encompasses sensing and devices, logistics, welfare services, real estate leasing, and contract manufacturing operations. Anritsu Devices, Anritsu Kosan, and Anritsu Real Estate are major affiliated companies in this field.

Anritsu is advancing its growth strategy with a focus on a sustainable future. Under its medium-term management plan "GLP2026," the company aims to expand its communications measurement business while pursuing growth in 6G and new business areas. Specifically, Anritsu will focus on three new domains—industrial measurement, EV/battery, and pharmaceutical/medical—and expand its business through M&A and organic growth.

Anritsu targets consolidated net sales of 2 trillion yen by fiscal year 2030, with plans to achieve 140 billion yen in consolidated net sales and 20 billion yen in operating profit by March 2027. The company will invest over 40 billion yen in growth initiatives and build a business portfolio that consistently achieves ROE of 10% or higher. Additionally, Anritsu aims to generate 25% of operating profit from businesses outside its communications measurement segment.

GLP2026 also prioritizes achieving sustainability targets. The company seeks to enhance corporate value through circular resource management and diversity initiatives. For shareholder returns, Anritsu targets a dividend payout ratio of 50% or higher while advancing co-creation with stakeholders.

Anritsu is strengthening its corporate governance. The company will enhance the board of directors' oversight and supervisory functions, maintaining an outside director ratio of 50% or higher to ensure transparent management. Through these efforts, Anritsu aims to strengthen its competitive position from a global perspective and increase corporate value.