Want to see JP:6754 full AI Analyst Report?
Top Page
Anritsu
(6754)
Select Model
Select Model
Rating:64Neutral
Price Target:
¥3,377.00
▼(-0.56% Downside)
Action:Reiterated
Date:08/07/26
The score is driven primarily by strong financial performance (improving growth/margins and an exceptionally low-leverage balance sheet). This is tempered by weak technical positioning (below major moving averages with negative MACD) and a relatively high P/E alongside only a modest dividend yield.
Positive Factors
Revenue Growth
Positive TTM revenue growth indicates continued demand for Anritsu’s measurement, test, and inspection solutions. Sustained expansion can broaden the installed base, support recurring service opportunities, and provide a foundation for further earnings improvement over the next several quarters.
Negative Factors
Mixed Cash Conversion
Although free cash flow is positive, conversion below net income and moderate operating cash flow coverage indicate that earnings do not consistently translate into cash at the same pace. Working-capital or timing effects could therefore complicate reinvestment and capital allocation.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Positive TTM revenue growth indicates continued demand for Anritsu’s measurement, test, and inspection solutions. Sustained expansion can broaden the installed base, support recurring service opportunities, and provide a foundation for further earnings improvement over the next several quarters.
Read all positive factors
Anritsu (6754) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥472.47B
Dividend Yield1.55%
Average Volume (3M)884.32K
Price to Earnings (P/E)30.4
Beta (1Y)1.59
Revenue Growth13.52%
EPS Growth61.58%
CountryJP
Employees4,114
SectorGeneral
Sector StrengthN/A
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)112.33
Shares Outstanding135,870,590
10 Day Avg. Volume1,137,190
30 Day Avg. Volume884,316
Financial Highlights & Ratios
PEG Ratio1.02
Price to Book (P/B)2.64
Price to Sales (P/S)2.98
P/FCF Ratio25.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥4,220.00Price Target Upside24.26% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)128.82
Revenue Forecast (FY)¥141.95B
Anritsu Business Overview & Revenue Model
Company Description
Established in 1895 and headquartered in Atsugi, Japan, Anritsu Corporation specializes in the global development, manufacturing, and sale of advanced measurement instruments and systems, primarily catering to diverse communications applications. ...
How the Company Makes Money
Anritsu makes money primarily by selling hardware and systems used to measure, test, and assure the performance and quality of communications networks and industrial production/inspection processes. A major revenue stream comes from communications...
Anritsu Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
90
Very Positive
Cash Flow
64
Positive
| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 126.43B | 117.46B | 112.98B | 109.95B | 110.92B | 105.39B |
| Gross Profit | 65.66B | 60.08B | 54.98B | 51.62B | 54.05B | 55.47B |
| EBITDA | 25.36B | 22.43B | 18.59B | 16.13B | 18.61B | 22.60B |
| Net Income | 14.38B | 11.68B | 9.26B | 7.67B | 9.27B | 12.80B |
Balance Sheet | ||||||
| Total Assets | 175.76B | 173.26B | 159.83B | 161.09B | 152.24B | 153.26B |
| Cash, Cash Equivalents and Short-Term Investments | 50.94B | 49.31B | 50.09B | 45.66B | 36.83B | 45.71B |
| Total Debt | 3.56B | 3.56B | 6.07B | 7.19B | 4.14B | 4.12B |
| Total Liabilities | 42.52B | 40.54B | 35.06B | 35.04B | 34.72B | 38.82B |
| Stockholders Equity | 133.24B | 132.72B | 124.27B | 125.52B | 117.29B | 114.20B |
Cash Flow | ||||||
| Free Cash Flow | 15.82B | 13.77B | 18.63B | 13.94B | 1.97B | 13.09B |
| Operating Cash Flow | 20.06B | 17.88B | 21.07B | 16.57B | 6.11B | 16.03B |
| Investing Cash Flow | -15.26B | -14.68B | -3.92B | -3.64B | -5.22B | -8.71B |
| Financing Cash Flow | -7.73B | -6.41B | -12.26B | -6.58B | -11.41B | -13.39B |
Anritsu Technical Analysis
Positive
3396.00
Price Trends
3397.73
Positive
3819.32
Negative
3309.46
Positive
Market Momentum
67.24
Negative
58.32
Neutral
65.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6754, the sentiment is Positive. The current price of 3396 is above the 20-day moving average (MA) of 3348.63, below the 50-day MA of 3397.73, and above the 200-day MA of 3309.46, indicating a bullish trend. The MACD of 67.24 indicates Negative momentum. The RSI at 58.32 is Neutral, neither overbought nor oversold. The STOCH value of 65.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6754.
Anritsu Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ¥277.78B | 29.62 | 34.43% | 1.06% | 45.04% | 85.49% | |
80 Outperform | ¥157.76B | 21.25 | ― | 1.90% | 12.39% | 22.44% | |
72 Outperform | ¥1.10T | 24.91 | 12.45% | 1.97% | 12.48% | 18.44% | |
72 Outperform | ¥19.53T | 39.37 | 14.44% | 0.68% | 16.95% | 23.91% | |
64 Neutral | ¥472.47B | 30.43 | 11.09% | 1.55% | 13.52% | 61.58% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:6754
Anritsu
3,550.00
1,702.71
92.17%
JP:6856
Horiba
26,330.00
13,848.11
110.95%
JP:6861
Keyence
80,540.00
20,597.27
34.36%
JP:6777
Santec Corporation
23,620.00
15,513.71
191.38%
JP:6866
Hioki E.E.Corporation
11,560.00
5,468.84
89.78%
Anritsu Corporate Events
Anritsu Finalizes Reduced Treasury Stock Disposal to Employee Share Scheme
Aug 31, 2026
Anritsu has completed the payment procedures for a disposal of treasury stock to the Anritsu Group Employee Stockholding Association under a restricted stock scheme, with the final number of shares reduced to 18,180 from the initially planned 25,3...
Anritsu Posts Strong Q1 Earnings and Confirms Full-Year Forecasts
Jul 30, 2026
Anritsu reported a strong start to the fiscal year, with revenue for the three months ended June 30, 2026 rising 38.0% year on year to ¥32,584 million and operating profit surging 219.5% to ¥4,278 million. Profit attributable to owners o...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.