Slowing Growth in the Mobile Market and Deteriorating Profitability of the Measurement Business
First written in FY2016. 13 of 31 entries say "Mitigated", first in FY2019-Q2. Latest entry: 2026-07-30.
Anritsu moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2023: 6 of 13 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- 2026-07-30WorsenedEarnings presentation materials
「5G開発市場の投資は低調」
5G開発市場の投資低調を記載し、5Gスマートフォン開発投資を含むモバイル関連需要の弱さを具体化した。一方、5G利活用市場では自動車、NTN、Wi-Fi 7の需要継続も示している。 - FY2026RestatedAnnual report
「Although the 5G smartphone market is maturing, it has remained stable, driven by high-functionality, high-value-added smartphones, including AI-enabled models.」
The company states that, although the smartphone market continues to mature, high-functionality, high-value-added devices are supporting stable market conditions, mitigating the previously identified risk of slower market growth. - FY2026-H1MitigatedAnnual report
「In the information and communications field, the main market for the communications measurement business, global smartphone shipments are recovering, and the market is expected to be stimulated going forward by high-performance smartphones equipped with AI and other developments.」
The company stated that smartphone shipments are recovering, indicating that the previous risk of slowing market growth is easing. However, customer investment has also been delayed due to the impact of US tariff policy. - FY2025MitigatedAnnual report
「Global smartphone shipments have begun to recover, and the addition of new features, including AI-enabled high-performance smartphones, is expected to stimulate the market.」
Regarding the smartphone market, the company indicated signs of a recovery in shipments despite continued price inflation, suggesting that the previous risk of slowing growth is easing. - FY2025-H1MitigatedAnnual report
「In the information and communications field, the main market for the communications measurement business, 5G smartphone prices remain elevated, but signs of a recovery in global smartphone shipments have emerged. The market is expected to be stimulated going forward by the emergence of high-performance smartphones equipped with AI and other factors.」
Although higher 5G smartphone prices remain a concern, signs of a recovery in global shipments have emerged and expectations for market stimulation have been expressed, indicating that the previous risk of slowing market growth is easing in this disclosure. - FY2024-Q3RestatedAnnual report
「In the information and communications field, the main market for the communications measurement business, global smartphone shipments continue to decline, partly due to higher 5G smartphone prices caused by inflation, but the emergence of high-performance smartphones equipped with AI is expected to stimulate the market going forward.」
Although shipments continue to decline against a backdrop of higher 5G smartphone prices caused by inflation and other factors, the company also noted expectations that high-performance smartphones equipped with AI will stimulate the market. - FY2024-Q2MaterialisedAnnual report
「In the information and communications field, the main market for the communications measurement business, global smartphone shipments continue to decline, partly due to higher 5G smartphone prices caused by inflation.」
The continued decline in 5G smartphone shipments resulted in an 8.9% decline in revenue and a 42.7% decline in operating profit in the communications measurement business. The impact of the risks is now evident in actual results. - FY2024-Q1MaterialisedAnnual report
「In the information and communications field, the main market for the communications measurement business, operators in countries around the world are launching 5G services, but global shipments of 5G smartphones continue to decline due to technical challenges involving 5G millimeter wave and delays in the emergence of killer applications, among other factors.」
The continued decline in 5G smartphone shipments resulted in an 18.3% year-on-year decline in revenue and an 87.5% decline in operating profit in the communications measurement business. - FY2023RestatedAnnual report
「In the information and communications field, the main market for the communications measurement business, operators in countries around the world are launching 5G services, but the pace of 5G smartphone adoption has slowed due to technical challenges involving 5G millimeter wave and delays in the emergence of killer applications, among other factors.」
The company continues to recognize, on a full-year basis, that smartphone adoption is slowing due to technical challenges involving 5G millimeter wave and delays in the emergence of killer applications. - FY2023-Q3RestatedAnnual report
「In the information and communications field, the main market for the communications measurement business, operators in countries around the world are launching 5G services, but the pace of 5G smartphone adoption has slowed due to technical challenges involving 5G millimeter wave and delays in the emergence of killer applications, among other factors.」
The company cited technical challenges involving 5G millimeter wave and delays in the emergence of killer applications as factors slowing adoption. It continues to recognize that the adoption of 5G smartphones is proceeding slowly. - FY2023-Q2RestatedAnnual report
「In the information and communications field, the main market for the communications measurement business, operators in countries around the world are launching 5G services, but the pace of 5G smartphone adoption has slowed due to technical challenges involving 5G millimeter wave and delays in the commercialization schedule for the US C-band (*1), among other factors.」
The company continues to recognize that the adoption of 5G smartphones is proceeding slowly due to technical challenges involving 5G millimeter wave and delays in the commercialization of the US C-band. - FY2023-Q1MitigatedAnnual report
「In the first three months of the current consolidated fiscal year, demand for the development of 5G chipsets and mobile devices remained firm in the mobile market. The company also secured development- and production-related demand for higher network speeds at data centers and elsewhere. On the cost side, sales promotion expenses increased due to intensified sales activities. As a result, revenue was ¥18,595 million, up 10.7% year on year, and operating profit was ¥3,398 million, up 19.2%.」
Firm demand for the development of 5G chipsets and devices resulted in a 10.7% increase in revenue and a 19.2% increase in operating profit in the communications measurement business. Although factors slowing the adoption of 5G smartphones remain, the deterioration in profitability in the measurement business eased during the quarter. - FY2022WorsenedAnnual report
「Operators in countries around the world are launching 5G services, but the pace of 5G smartphone adoption has slowed due to technical challenges involving 5G millimeter wave and delays in the commercialization schedule for the US C-band, among other factors.」
Although 5G development demand remained firm, technical challenges involving millimeter wave and delays in the commercialization of the US C-band restrained adoption, resulting in a 2.0% decline in revenue and a 14.2% decline in operating profit in the communications measurement business. - FY2022-Q1MitigatedAnnual report
「In the first three months of the current consolidated fiscal year, demand for the development of 5G chipsets and mobile devices remained firm. However, the global semiconductor shortage resulted in lower revenue year on year.」
While 5G development demand remained firm in response to the deterioration in demand caused by the previous investment restraint in the smartphone-related market, the semiconductor shortage emerged as a factor behind the decline in revenue in the communications measurement business. - FY2021-Q3MitigatedAnnual report
「In the first nine months of the current consolidated fiscal year, demand for the development of 5G chipsets and mobile devices remained firm. In particular, development demand related to the commercialization of 5G expanded in Asia, driving the 5G business. As a result, revenue was ¥54,442 million, up 0.5% year on year, and operating profit was ¥12,549 million, up 26.3%.」
Against the deterioration in profitability caused by the previous investment restraint in the smartphone-related market, continued expansion of 5G development demand centered on Asia resulted in higher revenue and higher profit in the measurement business. - FY2021-Q2MitigatedAnnual report
「In the first six months of the current consolidated fiscal year, demand for the development of 5G chipsets and mobile devices remained firm. In particular, development demand related to the commercialization of 5G expanded in Asia, driving the 5G business.」
Against the deterioration in profitability caused by the previous investment restraint in the smartphone-related market, growing 5G development demand centered on Asia has continued to improve profitability in the measurement business. - FY2021-Q1MitigatedAnnual report
「In the first three months of the current consolidated fiscal year, demand for the development of 5G chipsets and mobile devices remained firm. In particular, development demand related to the commercialization of 5G expanded in Asia, driving the 5G business. As a result, revenue was ¥19,260 million, up 11.2% year on year, and operating profit was ¥4,946 million, up 79.1%.」
Against the deterioration in profitability caused by the previous investment restraint in the smartphone-related market, growing 5G development demand centered on Asia resulted in higher revenue and higher profit in the measurement business. - FY2020-Q3MitigatedAnnual report
「In the first nine months of the current consolidated fiscal year, demand for the development of 5G chipsets and mobile devices remained firm in the mobile market. As a result, revenue was ¥54,175 million, up 11.5% year on year, and operating profit was ¥9,939 million, up 52.6%.」
Demand for the development of 5G chipsets and devices remained firm, resulting in an 11.5% increase in revenue and a 52.6% increase in operating profit in the measurement business, further reducing the impact of the previous deterioration in profitability caused by the contraction of the mobile market. - FY2020-Q2MitigatedAnnual report
「In the first six months of the current consolidated fiscal year, demand for the development of 5G chipsets and mobile devices remained firm in the mobile market. As a result, revenue was ¥35,176 million, up 20.6% year on year, and operating profit was ¥5,907 million, up 132.2%.」
Demand for the development of 5G chipsets and devices remained firm, resulting in a 20.6% increase in revenue and a 132.2% increase in operating profit in the measurement business. The impact of the previous deterioration in profitability caused by the contraction of the mobile market continued to ease. - FY2020-Q1MitigatedAnnual report
「In the first three months of the current consolidated fiscal year, demand for the development of 5G chipsets and mobile devices remained firm in the mobile market. As a result, revenue was ¥17,315 million, up 20.3% year on year, and operating profit was ¥2,761 million, up 82.1%.」
Demand for the development of 5G chipsets and mobile devices remained firm, resulting in a 20.3% increase in revenue and an 82.1% increase in operating profit in the measurement business, further reducing the impact of the deterioration in profitability caused by the previous contraction of the mobile market. - FY2019-Q3MitigatedAnnual report
「In the first nine months of the current consolidated fiscal year, in addition to research and development investment related to LTE-Advanced Pro in the mobile market, demand for measurement equipment used in the research and development of 5G chipsets and mobile devices continued to expand, particularly in North America and Asia. As a result, revenue was ¥48,602 million, up 21.2% year on year, operating profit was ¥6,513 million, up 630.8%, and adjusted operating profit was ¥6,513 million, up 453.3%.」
Demand for measurement equipment related to LTE-Advanced Pro and 5G continued to expand, and revenue and operating profit in the measurement business exceeded the levels of the previous year. - FY2019-Q2MitigatedAnnual report
「In the first six months of the current consolidated fiscal year, in addition to research and development investment related to LTE-Advanced Pro in the mobile market, demand emerged for measurement equipment used in 5G research and development. As a result, revenue was ¥29,156 million, up 10.5% year on year, operating profit was ¥2,543 million, compared with a loss of ¥439 million in the same period of the previous year, and adjusted operating profit was ¥2,543 million, compared with a loss of ¥225 million.」
Demand related to LTE-Advanced Pro and 5G became more concrete, and the measurement business returned to operating profit from an operating loss in the same period of the previous year, reducing the impact of the mobile market contraction and deteriorating profitability seen previously during the current period. - FY2018WorsenedAnnual report
「Although development investment is expected to continue, investment levels have remained somewhat restrained. Meanwhile, the formulation of specifications for the next-generation 5G communications standard is progressing ahead of schedule. As a result, the contraction of the mobile measurement market during the transition period between 4G and 5G has intensified.」
The contraction of the mobile measurement market during the transition period between 4G and 5G intensified further, with revenue in the measurement business falling 8.3% and operating profit falling 14.3%. - FY2018-Q3WorsenedAnnual report
「In the first nine months of the current consolidated fiscal year, demand for optical digital measurement equipment remained firm, but the mobile market was in a transition period between LTE and 5G, and customers' investment stance became increasingly cautious.」
The company stated that customers' investment stance in the mobile market had become increasingly cautious during the transition period between LTE and 5G. - FY2018-Q2RestatedAnnual report
「In the first six months of the current consolidated fiscal year, continued investment restraint by major players in the smartphone development and manufacturing markets, together with lower demand for base-station construction in North America, resulted in lower revenue and lower operating profit year on year in the measurement business.」
Continued investment restraint by major players in the smartphone-related market and lower demand for base stations in North America resulted in continued lower revenue and lower operating profit in the measurement business. - FY2018-Q1WorsenedAnnual report
「In the first nine months of the current consolidated fiscal year, continued investment restraint by major players in the smartphone development and manufacturing markets, together with lower demand for base-station construction in North America, resulted in lower revenue and lower operating profit year on year in the measurement business.」
Continued investment restraint by major players in the smartphone-related market and lower demand for base stations in North America resulted in a 10.8% decline in revenue and an operating loss of ¥554 million in the measurement business. - FY2017WorsenedAnnual report
「In the current consolidated fiscal year, demand for optical digital measurement equipment remained firm in the measurement business, but continued investment restraint by major players in the smartphone development and manufacturing markets in North America and Asia resulted in lower revenue and lower operating profit compared with the previous consolidated fiscal year. Revenue was ¥59,333 million, down 12.4%, and operating profit was ¥2,130 million, down 54.7%.」
Continued investment restraint by major players resulted in full-year revenue in the measurement business falling 12.4% and operating profit falling 54.7%. - FY2017-Q3WorsenedAnnual report
「In the first nine months of the current consolidated fiscal year, demand for optical digital measurement equipment remained firm in the measurement business, but continued investment restraint by major players in the smartphone development and manufacturing markets in North America and Asia resulted in lower revenue and lower operating profit year on year. As a result, revenue was ¥42,646 million, down 19.1% year on year, and operating profit was ¥747 million, down 84.3%.」
Continued investment restraint by major players resulted in a 19.1% decline in revenue and an 84.3% decline in operating profit in the measurement business. - FY2017-Q2WorsenedAnnual report
「However, slower smartphone adoption overall has caused the smartphone-related market to contract, prompting customers to review their investment plans and undertake restructuring. In addition, although activity in the smartphone-related market has been strong in some emerging markets, the postponement of the introduction of 3CA (three-carrier aggregation) in China and other factors have made the market environment surrounding the Group even more challenging.」
The company stated that slower smartphone adoption had led to market contraction, reviews of customers' investment plans and restructuring, while the postponement of 3CA implementation in China had made the market environment even more challenging. - FY2017-Q1WorsenedAnnual report
「Against this backdrop, the Group made strategic investments centered on new product development, strengthened the competitiveness of its solutions and worked to build a foundation for business expansion. In the first quarter of the current consolidated fiscal year, continued investment restraint by major players in the smartphone development and manufacturing markets in North America and Asia, together with lower demand for base-station construction in North America, resulted in lower revenue and lower operating profit year on year in the measurement business.」
Continued investment restraint by major customers and lower demand for base-station construction in North America resulted in lower revenue and lower operating profit year on year in the measurement business. - FY2016MaterialisedAnnual report
「Although demand for measurement equipment related to the development and manufacture of optical modules for core metro networks, responding to increasing data traffic, remained firm in the measurement business, the contraction of the market for measurement equipment used in smartphone manufacturing in Asia, restrained investment by major players, and lower demand for base-station construction in North America resulted in lower revenue and lower operating profit for the measurement business as a whole compared with the previous consolidated fiscal year.」
The contraction of mobile-related markets and restrained customer investment translated into lower revenue and lower profit in the measurement business, while overseas subsidiaries also recorded restructuring costs.