Anritsu : Financial Results for the 3rd quarter of the Fiscal Year ending March 31, 2022（Briefing Presentation Material)

Financial Results for the 3rd quarter of the Fiscal Year ending March 31, 2022

Akifumi Kubota

Director, Executive Vice President, CFO

Anritsu Corporation

Jan 27th, 2022

TSE cord：6754

https://www.anritsu.com

Cautionary Statement

All information contained in this release which pertains to the current plans, estimates, strategies and beliefs of Anritsu Corporation (hereafter "Anritsu") that is not historical fact shall be considered forward- looking statements of future business results or other forward-looking projections pertinent to the business of Anritsu. Implicit in reliance on these and all future projections is the unavoidable risk, caused by the existence of uncertainties about future events, that any and all suggested projections may not, come to pass. Forward-looking statements include but are not limited to those using words such as "believe", "expect", "plans", "strategy", "prospects", "forecast", "estimate", "project", "anticipate", "may" or "might" and words of similar meaning in connection with a discussion of future operations or financial performance.

Actual business results are the outcome of a number of unknown variables and may substantially differ from the figures projected herein.

Factors which may affect the actual business results include but are not limited to the economic situation in the geographic areas in which Anritsu conducts business, including but not limited to, Japan, Americas, Asia, and Europe, changes in actual demand for Anritsu products and services, increases or decreases in the competitive nature of markets in which Anritsu sells products or buys supplies, changing aptitudes at providing services, and exchange rates.

You also should not place reliance on any obligation of Anritsu to update or revise any forward- looking statements, whether as a result of new information, future events or otherwise. Anritsu disclaims any such obligation.

ANRITSU CORPORATION	Financial Results FY2021 3Q	2

Agenda

1. Outline of our business segments
2. Consolidated performance review of the 3rd quarter of the Fiscal Year ending March 31, 2022
3. Outlook for full year of the Fiscal Year ending March 31, 2022 (Consolidated)
4. Anritsu Initiatives

ANRITSU CORPORATION	Financial Results FY2021 3Q	3

1. Outline of our business segments

T&M

Evolution and advances of networked society

Mobile: 5G, 5G Utilization

Network Infrastructure: Data center, Optical NW, WirelessNW Electronics: Base station construction and maintenance,

Electronics parts, Wireless Equipment

• Revenue by business segment ）

105.9 billion Yen consolidated revenue in FY2020

PQA	Others
Food safety
X-ray inspection	Environmental
systems
measurement
Metal Detector
Sensing & device
Checkweighers

	T&M 71%
Mobile 59%	Network Infrastructure 25% Electronics 16%

75.9 billion Yen consolidated revenue in FY2021 (Apr. to Dec.)

T&M 71%

	Mobile	NetworkInfrastructure	Electronics
	57%	26%	17%

PQA 20%	Other 9%

PQA	Others
21%	8%

• Revenue of T&M business by region ） Revenue in FY2020

	Japan 18%	Asia & Others 47%	Americas 23%	EMEA 12%

Revenue in FY2021 (Apr. to Dec.)

	Japan	Asia & Others	Americas	EMEA
	15%	46%	25%	14%

T&M : Test & Measurement PQA : Products Quality Assurance

ANRITSU CORPORATION	Financial Results FY2021 3Q	4

2-1. Consolidated performance - Financial results -

Although revenue and profit declined year-on-year, orders are progressed as planned in full-year forecast

				Unit: Billion Yen
International Financial	FY2020	FY2021	YoY	YoY (%)
(Apr. to Dec.)	(Apr. to Dec.)
Reporting Standards(IFRS)

Order Intake	79.8	83.2	3.4	4%
Revenue	76.6	75.9	(0.7)	-1%
Operating profit (loss)	14.1	10.9	(3.2)	-22%
Profit (loss) before tax	13.9	11.1	(2.8)	-20%
Profit (loss)	10.5	8.2	(2.3)	-22%
Comprehensive income	10.5	9.4	(1.1)	-10%

（Note）Numbers for FY2020 and FY2021 are rounded off to the first decimal place in each column.

ANRITSU CORPORATION	Financial Results FY2021 3Q	5