Fact Book 2025 (192KB)

Latest Financial Results (First quarter of FY ending March 2026)

(Millions of Yen)

	2024/6	2025/6	Change (%)
Orders received	16,988	18,921	11.4
Net sales	13,691	12,323	-10.0
Operating profit	922	335	-63.7
Ordinary profit	1,114	344	-69.1
Profit attributable to owners of parent	756	107	-85.8

During the first three months of fiscal 2025, the year ending March 31, 2026, against a backdrop of the digitalization and decarbonization of society, the ESPEC Group’s business environment saw firm testing demand for electronics components and electronics equipment as a result of the spread of generative AI in the electronics market while investment for development purposes in the automotive market also continued. Investment in satellite communications in North America was also firm.
Looking at the Company’s operating results for the three months ended June 30, 2025, orders received increased 11.4% year on year to ¥18,921 million, mainly due to strong order trends in Japan and North America. As for net sales, while the Group increased its production capacity in Japan in the previous fiscal year, there were many orders with long lead times such as large-scale products and bulk orders of multiple units, and net sales in the three months ended June 30, 2025, decreased by 10.0% year on year to ¥12,323 million. On the profit front, operating profit was ¥335 million, a year-on-year decrease of 63.7%, mainly due to the decrease in net sales. Profit attributable to owners of parent decreased by 85.8% year on year to ¥107 million.

Performance by Segment

＜Equipment Business＞

(Millions of Yen)

	2024/6	2025/6	Change (%)
Orders received	14,510	15,755	8.6
Net sales	11,827	10,344	-12.5
Operating profit	810	418	-48.4

In the environmental test chambers field, in the Japanese market, orders received for highly versatile standardized products and customized products increased year on year, however net sales decreased as there were many orders with long lead times such as large-scale products and bulk orders of multiple units. In overseas markets, orders received increased year on year in North America, Southeast Asia, and Taiwan. However, net sales decreased mainly in Europe and China, and also in North America given timing delays due to customers’ circumstances.
In the energy devices equipment field, the investment cycle in bulk projects for EV batteries ran its course, and both orders received and net sales decreased year on year.
In the semiconductor equipment field, there were communications- and automotive-related projects, and both orders received and net sales increased significantly year on year.
As a result, the equipment business on the whole saw orders received increase 8.6% to ¥15,755 million and net sales decrease 12.5% year on year to ¥10,344 million. On the profit front, operating profit decreased 48.4% year on year to ¥418 million due to the decrease in net sales.

＜Service Business＞

(Millions of Yen)

	2024/6	2025/6	Change (%)
Orders received	2,186	2,266	3.6
Net sales	1,767	1,832	3.6
Operating profit (loss)	147	-41	ー

In the after-sales service and engineering field, orders received and net sales both increased as both preventative maintenance services and repair services were solid.
In laboratory testing services and facility rentals, laboratory testing services were firm, and both orders received and net sales remained largely unchanged year on year.
As a result, the service business on the whole saw orders received increase 3.6% year on year to ¥2,266 million and net sales increase 3.6% to ¥1,832 million. However, on the profit front, there was an operating loss of ¥41 million as cost of sales and selling, general and administrative expenses increased mainly due to higher depreciation and increased personnel to support business expansion.

＜Other Business＞

(Millions of Yen)

	2024/6	2025/6	Change (%)
Orders received	421	1,025	143.1
Net sales	207	256	23.3
Operating loss	-34	-41	ー

In the other business field, which is centered on the environmental conservation and plant production systems businesses, performance was firm in reforestation, and we secured large orders in the areas of plant research devices and plant factories.
As a result, orders received increased 143.1% year on year to ¥1,025 million and net sales increased 23.3% to ¥256 million. However, on the profit front, there was an operating loss of ¥41 million.

Related Pages:

• Preliminary Results
• Results Briefings