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Financial Highlights

Fact Book 2025 (192KB)

During fiscal 2024, the year ended March 31, 2025, the ESPEC Group’s business environment saw an increase in EV- and battery-related testing demand against a backdrop of the continued digitalization and decarbonization of society, as well as firm electronics-related investments. From the production aspect, the Group increased its production capacity in Japan by increasing personnel, expanding production space, and utilizing outsourcing, with a view to clearing the order backlog and leveling the production load. Looking at the Company’s operating results for fiscal 2024, orders received increased 8.4% year on year to ¥67,514 million, mainly due to strong order trends in Japan. Net sales rose 8.3% year on year to ¥67,288 million, due to factors such as the effects of increasing domestic production capacity. On the profit front, operating profit was ¥7,526 million, a year-on-year increase of 14.3% and profit attributable to owners of parent increased by 20.8% year on year to ¥6,003 million. This increase was mainly due to higher sales, which offset an increase in selling, general and administrative expenses. Orders received, net sales, operating profit, and profit attributable to owners of parent all reached record highs, just as they did in the previous fiscal year. In addition, return on equity (ROE) stood at 11.0%.

Financial Highlights (Consolidated)

Please scroll horizontally to look at table below.

  2021/3 2022/3 2023/3 2024/3 2025/3
Orders-received (Millions
of Yen)		 37,580 51,303 59,521 62,290 67,514
Net sales (Millions
of Yen)		 38,668 41,852 52,892 62,126 67,288
Operating profit (Millions
of Yen)		 2,572 1,968 4,366 6,585 7,526
Operating profit ratio (%) 6.7 4.7 8.3 10.6 11.2
Ordinary profit (Millions
of Yen)		 2,840 2,322 4,664 6,919 7,793
Profit
attributable to
owners of parent		 (Millions
of Yen)		 1,961 1,905 3,330 4,969 6,003
Total assets (Millions
of Yen)		 58,607 61,922 67,176 78,235 75,847
Net assets (Millions
of Yen)		 44,984 45,592 47,172 52,715 56,693
Earnings per share (Yen) 85.79 84.89 150.34 227.61 274.97
Book value per share (Yen) 1,967.34 2,028.44 2,150.64 2,414.58 2,596.78
Return on assets (%) 4.9 3.9 7.2 9.5 10.1
Return on equity (%) 4.5 4.2 7.2 10.0 11.0
Equity-to-asset ratio (%) 76.8 73.3 69.9 67.4 74.7
Cash flows from operating activities (Millions
of Yen)		 3,041 2,018 1,916 2,738 4,445
Cash flows from investing activities (Millions
of Yen)		 -2,034 ‐932 -1,061 -3,778 -1,154
Cash flows from financing activities (Millions
of Yen)		 ‐1,503 ‐2,830 -2,898 2,798 -7,245
Cash and cash equivalents at end of period (Millions
of Yen)		 17,301 16,517 14,298 16,793 12,765
Free cash flow (Millions
of Yen)		 1,006 1,086 855 -1,039 3,291
  • * Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020) was applied from the beginning of the fiscal year ended March 31, 2022

  • 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