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Financial Highlights

Fact Book 2026 (82KB)

During fiscal 2025, the year ended March 31, 2026, the ESPEC Group’s business environment saw firm demand for testing electronics components and electronics equipment, particularly in Japan, Southeast Asia, and Taiwan, in the AI semiconductor sector, which is a target market under the medium-term management plan. In the satellite communications sector, testing demand from private companies operating low-Earth orbit satellites in North America has grown significantly. In the automotive-related field, testing demand has significantly decreased, particularly for EVs and batteries.
Looking at the Company’s operating results for fiscal 2025, orders received increased 7.5% year on year to ¥72,596 million mainly due to strong order trends in North America and Southeast Asia. Net sales increased 4.1% year on year to ¥70,034 million mainly due to strong sales in Japan, North America and Southeast Asia. Both orders received and net sales reached new record highs. On the profit front, operating profit was ¥7,084 million, a year-on-year decrease of 5.9%, mainly due to an increase in selling, general and administrative expenses associated with an increase in orders received, as well as a deterioration in profitability in the Chinese market and laboratory testing services, despite improved profitability in customized products. Profit attributable to owners of parent decreased by 2.1% year on year to ¥5,879 million. In addition, return on equity (ROE) stood at 10.0%.

Financial Highlights (Consolidated)

Please scroll horizontally to look at table below.

  2022/3 2023/3 2024/3 2025/3 2026/3
Orders-received (Millions
of Yen)
51,303 59,521 62,290 67,514 72,596
Net sales (Millions
of Yen)
41,852 52,892 62,126 67,288 70,034
Operating profit (Millions
of Yen)
1,968 4,366 6,585 7,526 7,084
Operating profit ratio (%) 4.7 8.3 10.6 11.2 10.1
Ordinary profit (Millions
of Yen)
2,322 4,664 6,919 7,793 7,473
Profit
attributable to
owners of parent
(Millions
of Yen)
1,905 3,330 4,969 6,003 5,879
Total assets (Millions
of Yen)
61,922 67,176 78,235 75,847 82,922
Net assets (Millions
of Yen)
45,592 47,172 52,715 56,693 61,401
Earnings per share (Yen) 84.89 150.34 227.61 274.97 270.39
Book value per share (Yen) 2,028.44 2,150.64 2,414.58 2,596.78 2,873.40
Return on assets (%) 3.9 7.2 9.5 10.1 9.4
Return on equity (%) 4.2 7.2 10.0 11.0 10.0
Equity-to-asset ratio (%) 73.3 69.9 67.4 74.7 74.0
Cash flows from operating activities (Millions
of Yen)
2,018 1,916 2,738 4,445 5,052
Cash flows from investing activities (Millions
of Yen)
-932 -1,061 -3,778 -1,154 -273
Cash flows from financing activities (Millions
of Yen)
-2,830 -2,898 2,798 -7,245 -3,880
Cash and cash equivalents at end of period (Millions
of Yen)
16,517 14,298 16,793 12,765 14,695
Free cash flow (Millions
of Yen)
1,086 855 -1,039 3,291 4,778
  • Orders-received

    Graph: Orders-received

  • Net sales

    Graph: Net sales

  • Operating profit

    Graph: Operating profit

  • Ordinary profit

    Graph: Ordinary profit

  • Profit attributable to owners of parent

    Graph: Profit attributable to owners of parent

  • Total assets / Net assets

    Graph: Total assets / Net assets

  • Earnings per share

    Graph: Earnings per share

  • Book value per share

    Graph: Book value per share

  • Return on assets
    Return on equity

    Graph: Return on assets / Return on equity

  • Equity-to-asset ratio

    Graph: Equity-to-asset ratio

  • CFO・CFI・FCF

    Graph: CFO・CFI・FCF

  • CFF

    Graph: CFF

  • Cash and cash equivalents at end of period

    Graph: Cash and cash equivalents at end of period