Fact Book 2025 (192KB)

Latest Financial Results
(Nine Months Ended December 31, 2025)

(Millions of Yen)

	2024/12	2025/12	Change (%)
Orders received	50,920	55,241	8.5
Net sales	46,297	47,101	1.7
Operating profit	4,917	4,282	-12.9
Ordinary profit	5,213	4,571	-12.3
Profit attributable to owners of parent	3,845	3,321	-13.6

During the first nine months of fiscal 2025, the year ending March 31, 2026, the ESPEC Group’s business environment saw firm demand for 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. Also in the satellite communications sector, investment in North America was firm. In the automotive-related field, investments for EVs and batteries seem to have slowed.
Looking at the Company’s operating results for the nine months ended December 31, 2025, orders received increased 8.5% year on year to ¥55,241 million, reaching new record highs, mainly due to strong order trends in North America and Southeast Asia. However, as there were many orders with long lead times such as large-scale products and bulk orders of multiple units, the increase of net sales was limited to 1.7% year on year to ¥47,101 million. On the profit front, operating profit was ¥4,282 million, a year-on-year decrease of 12.9%, mainly due to a deterioration in profitability in laboratory testing services and an increase in selling, general and administrative expenses associated with an increase in orders received and an expansion of research and development expenses. Profit attributable to owners of parent decreased by 13.6% year on year to ¥3,321 million.

Performance by Segment

＜Equipment Business＞

(Millions of Yen)

	2024/12	2025/12	Change (%)
Orders received	43,316	47,220	9.0
Net sales	39,923	40,134	0.5
Operating profit	4,349	4,074	-6.3

In the environmental test chambers field, in the Japanese market, both orders received and net sales for highly versatile standardized products were mostly unchanged year on year. In customized products, both orders received and net sales decreased compared to the same period in the previous fiscal year, which had shown strong performance centered on EV- and battery-related products. In overseas markets, although orders received significantly increased year on year in North America and Southeast Asia, net sales were mostly unchanged year on year as many of the orders had long lead times.
In the energy devices equipment field, although orders received significantly decreased year on year due to the completion of investment cycle for EV batteries, sales were mostly unchanged due to the recording of sales from bulk projects received in the previous fiscal year.
In the semiconductor equipment field, orders received decreased year on year, but net sales significantly increased due to the recording of sales from bulk projects for electronics components for AI servers.
As a result, the equipment business on the whole saw orders received increased 9.0% to ¥47,220 million and net sales increased 0.5% year on year to ¥40,134 million. On the profit front, operating profit was ¥4,074 million, a year-on-year decrease of 6.3%, mainly due to an increase in selling, general and administrative expenses.

＜Service Business＞

(Millions of Yen)

	2024/12	2025/12	Change (%)
Orders received	6,424	6,286	-2.1
Net sales	5,750	5,710	-0.7
Operating profit	563	119	-78.9

In the after-sales service and engineering field, orders received and net sales both increased year on year as both preventative maintenance services and repair services were solid.
In laboratory testing services and facility rentals, both orders received and net sales decreased year on year, due to the impact of investment restraint and changes in development plans resulting from the slowdown in EV demand.
As a result, the service business on the whole saw orders received decreased 2.1% year on year to ¥6,286 million and net sales decreased 0.7% to ¥5,710 million. On the profit front, operating profit was ¥119 million, a year-on-year decrease of 78.9%, mainly due to lower sales and increased depreciation in laboratory testing services.

＜Other Business＞

(Millions of Yen)

	2024/12	2025/12	Change (%)
Orders received	1,554	2,059	32.5
Net sales	929	1,626	75.1
Operating profit	14	87	525.9

In the other business field, which is centered on the environmental conservation and plant production systems businesses, we secured large orders in the area of plant factories, and performance was firm in reforestation. As a result, orders received increased by 32.5% year on year to ¥2,059 million and net sales increased by 75.1% to ¥1,626 million. On the profit front, operating profit significantly increased year on year due to higher sales, reaching ¥87 million.

Related Pages:

• Preliminary Results
• Results Briefings