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Anritsu Corporation

Anritsu Corporation

AITUF
Anritsu CorporationUS flagOther OTC
26.18
USD
- -
- -
3.35BMarket Cap
Anritsu Corporation
AITUF
(Other OTC)

Recent

price

26.18

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
610.96
730.07
670.52
710.7
700.9
695.54
638.29
625.97
725.49
778.94
770.78
774
837.08
835.06
859.46
917.3
448.19
Revenue per Share
24.08
62.17
98.35
65.02
55.84
27.43
19.91
21.1
65.2
97.2
117.18
93.98
69.97
58.29
70.42
91.19
37.07
Basic EPS, GAAP
63.13
107.22
51.65
62.95
18.22
18.42
52.47
40.06
73.77
86.55
129.43
96.14
7.03
97.11
131.9
98.45
55.55
Free Cash Flow per Basic Share
1.99
9.93
17.32
22.5
22.35
24
19.5
14.99
16
24.49
35.49
44.63
40.24
39.99
40.09
40.13
19.98
Dividend per Share
157.91
227.66
298.93
297.06
309.3
307.57
316.43
329.98
382.58
453.68
549.85
605.14
621.04
644.91
670.39
728.09
641.47
Book Value per Share
251.82
353.66
447.55
508.49
539.7
528.97
529.96
541.16
597.6
658.67
758.64
777.49
822.83
890.82
883.25
897.3
874.55
Tangible Book Value per Share
127
128
141
143
141
137
137
137
137
137
137
136
133
132
131
128
132
Basic Weighted Avg Shares
77,853
93,622
94,685
101,853
98,839
95,532
87,638
85,967
99,659
107,023
105,939
105,387
110,919
109,952
112,979
117,462
59,057
Sales/Revenue/Turnover
8.98
14.95
16.6
13.87
11.01
6.17
4.83
5.71
11.29
16.27
18.55
15.66
10.59
8.17
10.73
12.63
10.25
Operating Margin (%)
3,231
2,793
2,835
3,052
3,371
3,969
4,197
4,285
4,386
4,999
4,946
5,132
5,693
5,888
5,707
6,014
2,931
Depreciation Expense
3,069
7,972
13,888
9,318
7,874
3,767
2,734
2,898
8,957
13,355
16,105
12,796
9,272
7,675
9,257
11,677
4,885
Net Income, GAAP
27.57
39.11
13.95
34.56
32.06
30.68
24.61
37.01
20.87
22.02
18.63
25.13
25.58
22.88
27.31
27.68
23
Effective Tax Rate (%)
3.94
8.52
14.67
9.15
7.97
3.94
3.12
3.37
8.99
12.48
15.2
12.14
8.36
6.98
8.19
9.94
8.27
Profit Margin (%)
42,872
34,835
53,991
56,214
49,610
58,991
54,027
52,773
62,743
61,663
68,595
70,699
70,897
75,251
77,465
76,854
76,883
Working Capital
33,881
9,293
16,945
11,960
9,479
20,434
14,460
11,477
10,978
2,994
- -
2,990
2,993
- -
2,991
2,994
2,988
LT Debt
35,028
46,818
64,540
74,896
78,665
75,862
76,485
78,313
85,677
94,331
109,454
114,442
117,515
125,525
124,268
132,717
123,274
Total Equity
6.53
11.28
16.42
10.07
7.62
4.18
3.2
3.15
8.83
12.56
14.07
10.44
7.2
5.47
6.73
7.96
3.66
Return on Invested Capital (%)
5.84
14.82
24.21
15.76
13.71
6.76
5.14
5.2
14.03
19.08
20.89
15.59
11.13
8.99
10.36
12.59
5.95
Return on Capital (%)
14.56
32.33
38.9
21.98
18.27
8.77
6.38
6.53
18.3
23.25
23.36
16.2
11.26
9.18
10.7
12.88
5.85
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
4,087
- -
620
LT Borrowings
- -
- -
2,988
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
132
- -
132
Market Capitalization
161,923
172,197
153,794

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
105,843
- -
102,027
Cash, Cash Equivalents & STI
45,666
- -
50,376
Accounts Receivable, Net
28,623
- -
23,367
Inventories
27,860
- -
25,318
Total Current Liabilities
30,592
- -
25,144
Payables & Accruals
- -
- -
- -
ST Debt
4,087
- -
620
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.86%
3.97%
6.8%
Free Cash Flow
147.47%
232.49%
-27.29%
Net Income, GAAP
23.88%
-3.71%
26.14%
Sales/Revenue/Turnover
2.27%
2.12%
3.97%
Total Cash Common Dividend
7.16%
1.73%
-2.49%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22,742
28,153
26,886
32,171
109,952
2025
- -
- -
- -
- -
112,979
2026
- -
- -
- -
- -
117,462

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.9
19.33
8.61
- -
58.29
2025
- -
- -
- -
- -
70.42
2026
- -
- -
- -
- -
91.19

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20
- -
20
- -
39.99
2025
- -
- -
- -
- -
40.09
2026
- -
- -
- -
- -
40.13
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Business
Anritsu Corporation develops, manufactures, and sells electronic measurement instruments and quality assurance systems primarily for communications, food, pharmaceutical, and industrial applications worldwide. Founded in 1895 as Sekisan-sha and established in its current form through the 1931 merger of Annaka Corporation and Kyoritsu Electric, the company is headquartered in Atsugi, Kanagawa Prefecture, Japan, and operates globally with subsidiaries across the United States, Europe, Asia, and other regions; it trades on the Tokyo Stock Exchange under ticker 6754 (OTC: AITUF). Core products and services encompass test and measurement solutions including radio frequency (RF)/microwave analyzers, signal/spectrum analyzers, vector network analyzers, optical time-domain reflectometers (OTDRs), optical spectrum analyzers, signaling testers, and service assurance tools for 5G, IoT, and data centers; product quality assurance systems such as X-ray inspection systems, checkweighers, metal detectors, and combination weighers for food, pharmaceuticals, and cosmetics; optical devices including swept light sources, laser diodes, and amplifiers for communications, sensing, and medical applications; and ultrafast electron devices, environmental measurement equipment, and precision microwave components. Anritsu serves telecommunications operators, device manufacturers, and industrial sectors with a focus on quality control, safety assurance, and advanced testing for emerging technologies like non-terrestrial networks (NTN) and electric vehicle batteries. Recent developments include the April 2025 acquisition of DEWETRON, enhancing capabilities in EV/battery testing and global market expansion; the March 2025 approval of a 32.72% stake acquisition in SmartViser to bolster test automation for mobile networks and automotive applications; and collaboration with Sony Semiconductor Israel for industry-first GCF certification of NTN NB-IoT RF conformance tests, alongside ongoing innovations in Local 5G and high-speed inspection technologies.