Fact Book 2024 (169KB)

Latest Financial Results

(Millions of Yen)

	2023/6	2024/6	Year on Year (%)
Orders received	15,539	16,988	9.3
Net sales	12,275	13,691	11.5
Operating profit	789	922	16.8
Ordinary profit	947	1,114	17.6
Profit attributable to owners of parent	565	756	33.8

During the first three months of fiscal 2024, the year ending March 31, 2025, the ESPEC Group’s business environment saw firm electronics- and automotive-related investments against a backdrop of the continued digitalization and decarbonization of society. From the production aspect, the Group worked to increase 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 the first three months of the fiscal year, orders received increased 9.3% year on year to ¥16,988 million, and net sales rose 11.5% to ¥13,691 million. On the profit front, operating profit was ¥922 million, a year-on-year increase of 16.8%. This increase was mainly due to higher sales, which offset an increase in selling, general and administrative expenses. Profit attributable to owners of parent increased by 33.8% year on year to ¥756 million.

Performance by Segment

＜Equipment Business＞

(Millions of Yen)

	2023/6	2024/6	Year on Year (%)
Orders received	13,325	14,510	8.9
Net sales	10,580	11,827	11.8
Operating profit	803	810	1.0

In the environmental test chambers field, in the Japanese market orders received and net sales both increased year on year for highly versatile standardized products. For customized products, orders received decreased, but net sales increased substantially. In overseas markets, orders received increased primarily in Europe and North America. Net sales were mostly unchanged year on year, as increases in North America, Taiwan, and Southeast Asia were offset by decreases in China and Europe.
In the energy devices equipment field, orders received decreased mainly in comparison to the same period of the previous year, when there was a large project in Japan. However, net sales increased substantially due to the effect of the establishment of the production system in the previous fiscal year.
In the semiconductor equipment field, both orders received and net sales decreased substantially year on year, mainly due to the impact of memory-related investment restraint.As a result, the equipment business on the whole saw orders received increase 8.9% to ¥14,510 million and net sales increase 11.8% year on year to ¥11,827 million. On the profit front, the Company recorded operating profit of ¥810 million, which was mostly unchanged from the same period of the previous fiscal year due to an increase in selling, general and administrative expenses.

＜Service Business＞

(Millions of Yen)

	2023/6	2024/6	Year on Year (%)
Orders received	1,914	2,186	14.2
Net sales	1,592	1,767	11.0
Operating profit	38	147	284.6

In the after-sales service and engineering field, orders received and net sales both increased year on year as preventative maintenance services and repair services were solid.
In laboratory testing services and facility rentals, orders received and net sales were both increased year on year, due to a brisk performance in laboratory testing services, centered on automotive rechargeable batteries.
As a result, the service business on the whole saw orders received increase14.2% year on year to ¥2,186 million and net sales increase 11.0% to ¥1,767 million. On the profit front, the Company recorded operating profit of ¥147 million, an increase of 284.6% year on year, owing mostly to an increase in net sales and an improvement in the cost of sales ratio in laboratory testing services.

＜Other Business＞

(Millions of Yen)

	2023/6	2024/6	Year on Year (%)
Orders received	411	421	2.6
Net sales	199	207	4.2
Operating loss	-48	-34	－

In the other business field, which is centered on the environmental conservation and plant production systems business, the environmental conservation business performed strongly, particularly in waterfront biotope restoration.As a result, orders received increased 2.6% year on year to ¥421 million and net sales increased 4.2% to ¥207 million, but on the profit front, there was an operating loss of ¥34 million.

Related Pages:

• Preliminary Results
• Results Briefings