Advantest Corporation

Advantest Corporation

ATEYY
Advantest CorporationUS flagOther OTC
169.82
USD
+5.40
- -
123.21BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
191.18
160.62
234.61
232.16
222.51
291.73
374.61
348.03
396.52
536.71
749.01
659.58
1,057.83
364.57
Basic EPS, GAAP
-5.5
-51.03
24
9.59
20.27
25.49
75.59
67.53
88.47
112.39
174.35
84.45
218.67
49.27
Free Cash Flow per Basic Share
-20.2
-14.53
29.75
5.96
16.3
33.12
50.91
72.65
69.16
78.11
62.35
16.44
361.62
30.31
Dividend per Share
4.98
4.99
2.5
5
5.73
5.23
18.28
20.72
19.77
32.77
33.99
33.73
37.07
16.25
Book Value per Share
292
139.83
153.13
196.99
208.41
221.82
209.93
242.41
313.4
401.91
470.02
525.57
708.49
600.99
Tangible Book Value per Share
120.46
92.16
119.79
110.12
132.77
153.91
228.93
227.6
286.28
269.47
364.92
451.01
580.91
514.53
Basic Weighted Avg Shares
695
697
698
698
701
710
754
793
789
777
748
738
737
738
Sales/Revenue/Turnover
132,903
111,878
163,803
162,111
155,916
207,223
282,456
275,894
312,789
416,901
560,191
486,507
779,707
268,996
Operating Margin (%)
0.06
-20.83
10.29
7.77
8.92
11.82
22.89
21.28
22.61
27.52
29.93
16.78
29.26
17.23
Depreciation Expense
8,063
8,268
4,730
4,965
5,158
5,024
4,967
10,892
11,756
14,968
21,396
26,104
27,075
13,612
Net Income, GAAP
-3,821
-35,540
16,753
6,694
14,201
18,103
56,993
53,532
69,787
87,301
130,400
62,290
161,177
36,352
Effective Tax Rate (%)
- -
- -
19.33
43.11
5.47
25.45
13.92
8.61
- -
24.96
23.86
20.31
28.29
18.95
Profit Margin (%)
-2.88
-31.77
10.23
4.13
9.11
8.74
20.18
19.4
22.31
20.94
23.28
12.8
20.67
13.51
Working Capital
112,789
97,298
115,303
150,396
171,139
197,143
233,251
240,142
279,095
304,945
374,695
420,261
599,753
345,283
LT Debt
25,000
54,366
44,492
44,618
29,745
- -
- -
9,013
9,364
22,186
32,900
89,296
13,505
86,622
Total Equity
141,241
79,592
101,810
93,619
109,517
124,610
198,731
231,452
280,369
294,621
368,694
431,178
506,539
475,811
Return on Invested Capital (%)
- -
- -
9.27
4.81
8.88
11.59
30.41
23.43
- -
25.86
31.33
13.19
27.07
6.9
Return on Capital (%)
- -
- -
10.77
4.33
7.73
10.04
33.01
30.19
- -
28.48
34.58
14.93
30.05
7.85
Return on Common Equity (%)
-1.84
-23.66
16.4
5.48
10.02
11.93
36.09
30.55
31.77
31.21
39.29
16.85
35.43
9

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
5,147
- -
5,180
LT Borrowings
75,143
- -
74,275
LT Finance Leases
14,153
- -
12,347
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
738
- -
739
Market Capitalization
4,966,644
4,839,936
5,021,883

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
420,261
- -
519,625
Cash, Cash Equivalents & STI
106,702
- -
167,164
Accounts Receivable, Net
88,855
- -
114,098
Inventories
204,389
- -
218,526
Total Current Liabilities
126,277
- -
174,342
Payables & Accruals
- -
- -
- -
ST Debt
5,147
- -
5,180
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.44%
17.16%
17.48%
Free Cash Flow
232.07%
401.41%
2,098.27%
Net Income, GAAP
49.97%
42.27%
158.75%
Sales/Revenue/Turnover
19.02%
25.63%
60.27%
Total Cash Common Dividend
46.36%
13.14%
9.8%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
101,251
116,260
133,233
135,763
486,507
2025
- -
- -
- -
- -
779,707
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12.49
22.69
28.74
- -
84.45
2025
- -
- -
- -
- -
218.67
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.12
0.38
15.9
- -
33.73
2025
- -
- -
- -
- -
37.07
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Douglas Lefever
Full Time Employees
6,766
Sector
Technology
Industry
Semiconductors
Address
Shin Marunouchi Center Building Tokyo Japan 100-0005
IPO Date
Sep 18, 2001
Business
Advantest Corporation is a leading manufacturer and provider of automated test equipment and related solutions for the semiconductor industry. The company offers core products and services including semiconductor and component test systems such as system-on-chip (SoC) testers, memory test systems, and test handlers; device interfaces that connect semiconductor devices with test systems; metrology and scanning electron microscope (SEM) products for precise measurement and review of wafer surface structures; and cloud-based data infrastructure solutions leveraging AI and machine learning for semiconductor process optimization. Additionally, Advantest provides system-level test equipment and software, nanotechnology-related products, comprehensive support services, consumables such as test sockets and interface boards, and equipment leasing. The company operates primarily through two business segments: the Test Systems Business, encompassing SoC and memory testers as well as test peripherals; and the Services and Others Segment, which includes maintenance, support services, and sales of consumables. Advantest operates globally with significant presence in Japan, the Americas, Europe, and Asia. Founded in 1954 and headquartered in Tokyo, Japan, the company has evolved as a key player in semiconductor testing and metrology. It serves major semiconductor manufacturers and electronic parts industries worldwide. Recent corporate developments include a leadership change in early 2024 with Douglas Lefever appointed as Group CEO and Koichi Tsukui assuming the role of President and Representative Director, supporting new mid-term management plans aimed at expanding Advantest’s positioning in the rapidly growing AI-related semiconductor market. The company reorganized its business segments into two from three to better align with management strategies. In 2025, Advantest launched new product advancements focused on AI semiconductor testing, announced a share repurchase program, and increased dividends. It also formed a strategic partnership with the Golden State Warriors for the 2025–2026 season as part of brand and market expansion efforts. The company continues to expand production capacity and enhance its test system offerings with a focus on high-performance SoC and memory semiconductors to meet growing demand driven by AI and advanced technology roadmaps. Advantest’s business segments and product portfolio reflect its core focus on semiconductor test systems, mechatronics-related handling equipment, and services including product support and test solutions. The company has grown through strategic acquisitions, including Astronics Corporation, which added system-level test capabilities to its portfolio. This positions Advantest as a comprehensive solutions provider across the semiconductor test value chain. In summary, Advantest Corporation designs, manufactures, and sells automated semiconductor test equipment, metrology systems, test peripherals, and services globally. It recently updated its executive leadership and business structure, introduced AI-focused test product innovations, expanded production capacity, and enhanced shareholder returns, reinforcing its role as a critical enabler in the semiconductor industry ecosystem. The company is publicly traded with ticker ATEYY.

Company News

APIChat
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  • Advantest Corporation (ATEYY) Q1 FY2025 Earnings Call Transcript