Long-Term Vision “ESPEC Vision 2035”

Under our long-term vision “ESPEC Vision 2035,” our aim is to remain a global leader in the environmental testing industry 10 years into the future and to continue the progressive spirit of the Company as well as to become a group that drives innovation through both its ideas and its actions.

Medium-term management plan "PROGRESSIVE PLUS 2027" （FY2025～FY2027）

We have promoted various strategies toward the targets for fiscal 2027 (the year ending March 31, 2028) of our Medium-Term Management Plan “Progressive Plus 2027,” namely, net sales of ¥70.0 billion, operating profit of ¥10.5 billion, an operating profit ratio of 15.0%, profit of ¥7.6 billion, and ROE of 12.0% or more. In fiscal 2025 (the year ended March 31, 2026), the first year of the plan, while orders received and net sales remained steady, particularly in the target markets, profits fell short of initial projections due to intensifying competition in the Chinese market in the equipment business and a deterioration in profitability in laboratory testing services resulting from the slowdown in the EV market. In light of these changes in the business environment, we have revised our targets for fiscal 2027 (the year ending March 31, 2028) after careful consideration.
The revised targets are net sales of ¥76.0 billion, operating profit of ¥9.1 billion, an operating profit ratio of 12.0%, and profit of ¥6.7 billion. Regarding our ROE target, we have decided to further strengthen our financial capital strategy and are maintaining our initial target of “12.0% or more.” There are, however, no changes to our basic policy or the fundamental direction of our growth strategy.

Basic Policy and Targets

『Establishing a lean, sustainable, and highly profitable earnings model』
Aiming to continuously increase our value as a corporate group by becoming a “lean enterprise,” which we will achieve through quality improvements and profit growth.

■Target markets: AI semiconductors, autonomous driving, satellite communications

■Medium-term target for FY2027

Before revision:

Net sales of 70.0 billion yen, operating profit of 10.5 billion yen, operating profit ratio of 15.0%, profit of 7.6 billion yen, and ROE of 12.0% or more

After revision:  

Net sales of 76.0 billion yen, operating profit of 9.1 billion yen, operating profit ratio of 12.0%, profit of 6.7 billion yen, and ROE of 12.0% or more

*The assumed exchange rate (USD/JPY) for the medium-term management plan period has been revised from ¥145 to ¥155.