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Presentation materials for financial results6857ADVANTEST CORPORATIONElectrical Equipment and Precision Instruments

FY2025 Earnings Presentation Materials

In FY2025, revenue, operating profit and net income all reached record highs, exceeding the earnings forecast as of January 2026. For FY2026, the company expects higher revenue and profits, assuming demand remains strong against a backdrop of continued AI-related investment.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
1128.6
¥ billion (FY2025 revenue)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFY2025 (fiscal year ending March 2026)9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,128.6 1 billion+44.7%
Operating profit¥499.1 1 billion+118.8%
Ordinary income¥516.7 10 billion +129.9%IFRS profit before tax
Net income¥375.4 1 billion+132.9%
Gross Profit Margin64.3%
Operating profit margin44.2%
Selling, general and administrative expenses¥227 billion selling, general and administrative expenses, etc.
Results for the three months of the current quarter
Net Sales
¥328.1 1 billion
Gross profit
¥221.1 1 billion
Operating profit
¥153.1 1 billion
Profit before tax
¥172.4 1 billion
Net income
¥126.9 1 billion
Full-year earnings forecast
Net Sales
¥1,420 1 billion
Operating profit
¥627.5 1 billion
Profit before tax
¥629 1 billion
Net income
¥465.5 1 billion
Basic EPS
¥641.61
Research and development costs
¥100 1 billion
Capital Expenditure
¥45 1 billion
Depreciation and amortization
¥29.5 1 billion
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
U.S. dollar exchange rate
FY2025 actual results¥150
FY26 forecast¥150
Euro exchange rate
FY2025 actual results¥173
FY26 forecast¥170
Operating profit sensitivity to USD/JPY
¥4 billion per ¥1 depreciation of the yen
Operating profit sensitivity to EUR/JPY
¥-0.4 billion per ¥1 depreciation of the yen
New initiatives
  • Expand production capacity to approximately 10,000 units annually
  • Expand the module lineup for SoC test systems
  • Opening of the Advantest Innovation Center
  • Join Applied Materials' EPIC platform
  • Receive the first order for semiconductor testers for high-volume production in the silicon photonics field
  • Deepen partnerships with 3 probe card manufacturers
  • Increase growth investment
Key KPIsA metric the company considers important as a management benchmark.
  • SoC tester market share66 %
    Year on year against the same period last year+7 percentage points
  • Memory tester market share61 %
  • Overall tester market share65 %
    Year on year against the same period last year+7 percentage points
  • SoC tester market size (CY25)6.9 US$ billion
    Year on year against the same period last yearNo market size growth rate equivalent to +68% is explicitly stated in the materials
  • Memory tester market size (CY25)2.1 US$ billion
Segment results
Test systems
FY24 revenue¥682.8 1 billion
FY25 revenue¥1,019.4 1 billion
Services and other
FY24 revenue¥96.9 1 billion
FY25 revenue¥109.2 1 billion
SoC test systems
FY25 revenue¥767.4 1 billion
Memory test systems
FY25 revenue¥171.5 1 billion
Other systems
FY25 revenue¥80.5 1 billion
Support and services
FY25 revenue¥65 1 billion
Other
FY25 revenue¥44.2 1 billion
Financial targets
ROE
Actual results57.6 %
Equity ratio attributable to owners of the parent
Actual results67.9 %
Market Size / Share
CY25 overall tester market
9 US$ billion
Share65
Share unit%
CY25 SoC testers
6.9 US$ billion
Share66
Share unit%
CY25 memory testers
2.1 US$ billion
Share61
Share unit%
Capital expenditures
¥34.3 1 billion
Annual Dividend
Annual¥59 per share
Interim¥29 per share
End of period¥30 per share
Acquisition of treasury shares
Acquisition amount¥114.2 1 billion
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFY2025 (fiscal year ending March 2026)
Net Sales¥1,128.6 1 billion (YoY +44.7%)
Operating profit¥499.1 1 billion (YoY +118.8%)
Ordinary income¥516.7 10 billion (IFRS profit before tax) (YoY +129.9%)
Net income¥375.4 1 billion (YoY +132.9%)
Gross Profit Margin64.3%
Operating profit margin44.2%
Selling, general and administrative expenses¥227 billion (selling, general and administrative expenses, etc.)
Results for the three months of the current quarterNet Sales ¥328.1 1 billion / Gross profit ¥221.1 1 billion / Operating profit ¥153.1 1 billion / Profit before tax ¥172.4 1 billion / Net income ¥126.9 1 billion
Full-year earnings forecastNet Sales ¥1,420 1 billion / Operating profit ¥627.5 1 billion / Profit before tax ¥629 1 billion / Net income ¥465.5 1 billion / Basic EPS ¥641.61 / Research and development costs ¥100 1 billion / Capital Expenditure ¥45 1 billion / Depreciation and amortization ¥29.5 1 billion
Segment resultsTest systems FY24 revenue ¥682.8 1 billion / FY25 revenue ¥1,019.4 1 billion / Services and other FY24 revenue ¥96.9 1 billion / FY25 revenue ¥109.2 1 billion / SoC test systems FY25 revenue ¥767.4 1 billion / Memory test systems FY25 revenue ¥171.5 1 billion / Other systems FY25 revenue ¥80.5 1 billion / Support and services FY25 revenue ¥65 1 billion / Other FY25 revenue ¥44.2 1 billion
Key KPIsIndicator name SoC tester market share / Value 66 % / Year on year against the same period last year +7 percentage points, Indicator name Memory tester market share / Value 61 % / Year on year against the same period last year Not disclosed, Indicator name Overall tester market share / Value 65 % / Year on year against the same period last year +7 percentage points, Indicator name SoC tester market size (CY25) / Value 6.9 US$ billion / Year on year against the same period last year No market size growth rate equivalent to +68% is explicitly stated in the materials, Indicator name Memory tester market size (CY25) / Value 2.1 US$ billion / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookU.S. dollar exchange rate FY2025 actual results ¥150 / FY26 forecast ¥150 / Euro exchange rate FY2025 actual results ¥173 / FY26 forecast ¥170 / Operating profit sensitivity to USD/JPY Value ¥4 billion per ¥1 depreciation of the yen / Operating profit sensitivity to EUR/JPY Value ¥-0.4 billion per ¥1 depreciation of the yen
Financial targetsROE Actual results 57.6 % / Equity ratio attributable to owners of the parent Actual results 67.9 % / Target value Not disclosed
Annual DividendAnnual ¥59 per share / Interim ¥29 per share / End of period ¥30 per share
Acquisition of treasury sharesAcquisition amount ¥114.2 1 billion / Number of Shares Not disclosed / Period Not disclosed
Capital expenditures¥34.3 1 billion
Market Size / ShareCY25 overall tester market Market Size 9 US$ billion / Share 65 US$ billion / Share unit % / CY25 SoC testers Market Size 6.9 US$ billion / Share 66 US$ billion / Share unit % / CY25 memory testers Market Size 2.1 US$ billion / Share 61 US$ billion / Share unit %
New initiativesExpand production capacity to approximately 10,000 units annually, Expand the module lineup for SoC test systems, Opening of the Advantest Innovation Center, Join Applied Materials' EPIC platform, Receive the first order for semiconductor testers for high-volume production in the silicon photonics field, Deepen partnerships with 3 probe card manufacturers, Increase growth investment
Items this document does not state (11)
Progress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioOrders received and order backlogKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Strong demand continued through the fourth quarter of FY2025, which was cited as the reason full-year results exceeded expectations. For FY2026, the company expects tester demand to remain strong, driven by AI-related investment.

How to read this page

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FY2025 Earnings Presentation Materials | ADVANTEST CORPORATION (6857) timely disclosure | Komori