Santec Holdings Corporation (Headquarters: Komaki, Aichi, Japan / Representative: Mototaka Tei (President and CEO)) is pleased to announce that it has been selected for the “Forbes Asia's 200 Best Under A Billion” list, annually compiled by “Forbes Asia”, the Asian edition of the American business magazine “Forbes”.  This marks the second consecutive year that our company has been selected for this list, following its inclusion in 2024.

■About “Forbes Asia’s 200 Best Under A Billion”

“Forbes Asia’s 200 Best Under A Billion” recognizes 200 companies in the Asia-Pacific region with annual sales above $10 million and below $1 billion. The selection is based on comprehensive performance metrics such as debt, sales and earnings-per-share (EPS) growth over both the most recent fiscal one- and three- year periods, and the strongest one- and five- year average return on equity (ROE).  Twenty-five Japanese companies, including ours, were selected.

In addition to quantitative performance criteria, qualitative screens were also applied during selection, such as excluding companies from facing serious governance issues, questionable accounting practices, environmental concerns, management problems, or legal troubles in recent years.

■ List of Selected Companies and Our Company Introduction Page

List of Selected Companies: https://www.forbes.com/lists/asia200/

Our Company Introduction Page: https://www.forbes.com/companies/santec-holdings/

■ About “Forbes Asia”

“Forbes Asia” is the Asian edition of the American business magazine “Forbes”.  It is a publication for executives, entrepreneurs, and aspiring business leaders in the Asia-Pacific region.  It features news and analysis on Asia's rapidly advancing economy, investment, finance, and the latest technology, along with up-to-date information on entrepreneurs and business models currently gaining attention in the region.

■ About Santec:

Santec Holdings Corporation (the “Santec”) was established in 1979.  It is headquartered in Komaki, Aichi, Japan and has subsidiaries in Japan (Santec AOC Corporation, Santec LIS Corporation, Santec OIS Corporation and Santec Japan Corporation), in North America (Santec Global Corporation in NJ, Santec U.S.A. Corporation in NJ, Santec California Corporation in CA and movu inc. in CA), Canada (Santec Canada Corporation in Ottawa), U.K. (Santec Europe Ltd. in Oxfordshire), China (Santec (Shanghai) Co., Ltd. in Shanghai) and Australia ( MOG LABORATORIES PTY LTD in VIC).  Santec is listed on the Standard Market (6777), a section of the Tokyo Stock Exchange.  The company employs 350 staff members and serves a global customer base; including the world’s major telecommunications companies, transmission/sub system manufacturers, internationally recognized research centers and universities.  Santec’s product lines include a broad range of advanced optical components, tunable lasers, optical test/measurement and OCT systems for telecommunication, life science, sensing and industry applications.