Advantest Corp.

Advantest Corp.

185.02
EUR
-1.46
(-0.78%)
80.65BMarket Cap
Oct 28Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
160.62
234.61
232.16
222.51
291.73
374.61
348.03
396.52
536.71
749.01
659.58
1,057.85
1,548.95
- -
Basic EPS, GAAP
-51.03
24
9.59
20.27
25.49
75.59
67.53
88.47
112.39
174.35
84.45
218.67
515.15
- -
Free Cash Flow per Basic Share
-14.53
29.75
5.96
16.3
33.12
50.91
72.65
69.16
78.11
62.35
16.44
361.62
410.57
- -
Dividend per Share
4.99
2.5
5
5.73
5.23
18.28
20.72
19.77
32.77
33.99
33.73
37.07
49.07
- -
Book Value per Share
114.23
145.82
134.07
154.83
174.01
251.13
291.63
356.82
387.85
500.36
583.93
690.37
1,096.77
1,096.77
Tangible Book Value per Share
92.13
119.79
110.12
131.54
152.66
218.13
227.34
287.41
275.55
370.39
450.51
583.57
980.65
980.65
Basic Weighted Avg Shares
697
698
698
701
710
754
793
789
777
748
738
737
729
730
Sales/Revenue/Turnover
111,878
163,803
162,111
155,916
207,223
282,456
275,894
312,789
416,901
560,191
486,507
779,707
1,128,610
- -
Operating Margin (%)
-20.83
10.29
7.77
8.92
11.82
22.89
21.28
22.61
27.52
29.93
16.78
29.26
44.22
- -
Depreciation Expense
8,268
4,730
4,965
5,158
5,024
4,967
10,892
11,756
14,968
21,396
26,104
27,075
25,612
- -
Net Income, GAAP
-35,540
16,753
6,694
14,201
18,103
56,993
53,532
69,787
87,301
130,400
62,290
161,177
375,353
- -
Effective Tax Rate (%)
- -
19.33
43.11
5.47
25.45
13.92
8.61
- -
24.96
23.86
20.31
28.29
27.36
- -
Profit Margin (%)
-31.77
10.23
4.13
9.11
8.74
20.18
19.4
22.31
20.94
23.28
12.8
20.67
33.26
- -
Working Capital
97,298
115,303
120,962
119,705
109,946
170,403
169,605
189,284
154,063
200,006
293,984
290,329
506,123
506,123
LT Debt
54,366
44,492
44,618
29,745
- -
- -
9,013
9,364
22,186
32,900
89,296
13,505
15,226
15,226
Total Equity
79,592
101,810
93,619
109,517
124,610
198,731
231,452
280,369
294,621
368,694
431,178
506,539
795,726
795,726
Return on Invested Capital (%)
- -
9.27
4.81
8.88
11.59
30.41
23.43
- -
25.86
31.33
13.19
27.07
45.28
- -
Return on Capital (%)
- -
11.62
5.05
9.86
12.3
32.31
24.74
- -
27.77
34.6
13.97
29.31
53.3
- -
Return on Common Equity (%)
-32.19
18.47
6.85
13.98
15.46
35.25
24.89
27.27
30.37
39.32
15.57
34.38
57.65
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
ST Debt
- -
79,352
4,966
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
11,786
15,226
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
732
727
726
Market Capitalization
- -
- -
14,793,203

Working Capital

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
Total Current Assets
- -
694,111
836,407
Cash, Cash Equivalents & STI
- -
298,196
339,966
Accounts Receivable, Net
- -
163,652
228,731
Inventories
- -
210,038
231,718
Total Current Liabilities
- -
323,564
330,284
Payables & Accruals
- -
- -
- -
ST Debt
- -
79,352
4,966
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.96%
24.35%
57.09%
Free Cash Flow
241.29%
404.92%
12.24%
Net Income, GAAP
69.26%
62.77%
132.88%
Sales/Revenue/Turnover
23.6%
31.91%
44.75%
Total Cash Common Dividend
39.43%
20.33%
30.87%

Quarterly Revenue

JPY

•

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
- -
- -
- -
- -
1,128,610

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12.49
22.69
28.74
20.51
84.45
2025
- -
- -
- -
- -
218.67
2026
- -
- -
- -
- -
515.15

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.12
0.38
15.9
0.35
33.73
2025
- -
- -
- -
- -
37.07
2026
- -
- -
- -
- -
49.07

Company Description

CEO
Douglas Lefever
Full Time Employees
7,241
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
Shin Marunouchi Center Building Tokyo TY Japan 100-0005
IPO Date
Feb 9, 1983
Business
Advantest Corporation is a global leader in the design, manufacturing, and sale of advanced automatic test equipment (ATE) for the semiconductor industry, alongside electronic measurement instruments. The company operates through distinct segments: Semiconductor and Component Test Systems; Mechatronics Systems; and Services, Support, and Others. The Semiconductor and Component Test Systems segment delivers high-precision testing solutions for the electronic parts and semiconductor sectors. This includes advanced test systems specifically for System-on-Chip (SoC) devices, such as the V93000 EXA Scale, and memory semiconductor devices, featuring systems like the T5801 for ultra-high-speed DRAM. The Mechatronics Systems segment focuses on critical peripheral equipment for semiconductor testing, offering test handlers, various mechatronic-applied products for device handling, and device interfaces that facilitate connections during measurement. This segment also encompasses specialized nanotechnology products, including Scanning Electron Microscope (SEM) metrology and review tools used for fine structural analysis on wafers and photomasks. The Services, Support, and Others segment provides comprehensive customer solutions across both semiconductor test and mechatronics systems. This includes a range of support services, the sale of consumables, used product transactions, and equipment leasing. Notably, this segment has expanded into innovative cloud testing products, such as Advantest Cloud Solutions (ACS), which integrate artificial intelligence for enhanced real-time data analysis. Advantest serves a diverse global clientele, including fabless semiconductor companies, foundries, integrated device manufacturers (IDMs), and outsourced semiconductor assembly and test (OSAT) providers, as well as industrial and design firms across Asia, North America, and Europe. In recent strategic moves, the company has made minority investments and formed partnerships with Technoprobe S.p.A. and FormFactor, Inc. in early 2025, aiming to advance technology and printed circuit board (PCB) manufacturing collaboration, particularly for wafer-level testing in high-performance computing. An alliance with NVIDIA was also established in October 2025 to integrate machine learning into Advantest Cloud Solutions for AI-driven semiconductor testing. Advantest Corporation, founded in 1954, maintains its headquarters in Tokyo, Japan, and holds a leading market share in automated test equipment, driving innovation for advanced technologies in applications like 5G, IoT, and artificial intelligence.

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