Komori
Earnings6857ADVANTEST CORPORATIONElectrical Equipment and Precision Instruments

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [IFRS] (Consolidated)

In the first quarter of the fiscal year ending March 2027, both net sales and operating profit significantly exceeded the year-earlier period, driven by expanding demand for testers for high-performance semiconductors related to AI. In light of this, full-year forecasts for net sales, operating profit, profit before tax and net income have been revised upward.

Worth reading
52Recurring
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
2185
¥100 million (amount of the upward revision to the full-year operating profit forecast)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedIFRS
Net Sales367,473¥ millionYear on year +39.3%Progress 21.4%
Operating profit189,990¥ millionYear on year +53.3%Progress 22.5%
Ordinary income234,082¥ millionYear on year +92.9%Progress 26.3%
Net income attributable to owners of the parent174,780¥ millionYear on year +93.8%Progress 26.5%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥241.27
Financial position at period-end
Total assets1,514,652¥ million
of which net assets 1,042,642 ¥ millionEquity ratio 68.8%vs. prior year-end +0.9pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+137,155
Investment-102,548
Financials+34,966
Net change+69,573

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥413,124 million
Segment revenueTest Systems segment 3,336 Hundred millions of yen (YoY +38.7%), Services and Other segment 339 Hundred millions of yen (YoY +46.0%)
Segment profitTest Systems segment 1,907 Hundred millions of yen (YoY +50.3%), Services and Other segment 86 Hundred millions of yen (YoY +216.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,714,000 million (YoY +51.9%)
Operating profit¥846,000 million (YoY +69.5%)
Ordinary income¥891,000 million (YoY +72.4%)
Net income¥660,000 million (YoY +75.8%)
Revision to Earnings ForecastNet Sales ¥1,420,000 million → ¥1,714,000 million(+20.7%) / Operating profit ¥627,500 million → ¥846,000 million(+34.8%) / Ordinary income ¥629,000 million → ¥891,000 million(+41.7%) / Net income ¥465,500 million → ¥660,000 million(+41.8%)
Annual Dividend Forecast¥59 → Not disclosed
Factors Behind Changes in Business Performance

A significant expansion in demand for testers for high-performance semiconductors related to AI, increased production volumes of AI- and HPC-related semiconductors, customers' proactive capital investment, higher sales and an improved sales mix, and the ongoing depreciation of the yen. Valuation gains on financial instruments related to strategic investments also contributed to profit before tax and quarterly profit, among other items.

Disclosure regarding the going concern assumption

Not applicable (no matters to report in the notes on the going concern assumption)

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidation0 companies newly included or excluded (no material changes)
Depreciation and amortization¥7,151 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End732,000,000
Treasury Shares at Period-End8,033,510
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥367,473 million (YoY +39.3%)
Operating profit¥189,990 million (YoY +53.3%)
Ordinary income¥234,082 million (YoY +92.9%)
Profit attributable to owners of the parent¥174,780 million (YoY +93.8%)
Net income per share¥241.27
Equity ratioEnd of the current fiscal period 68.8 / End of previous period 67.9
Total assets¥1,514,652 million
Net assets¥1,042,642 million
Cash flows from operating activities¥137,155 million
Cash flows from investing activities¥-102,548 million
Cash flows from financing activities¥34,966 million
Cash and cash equivalents at end of period¥413,124 million
Full-year earnings forecastNet Sales ¥1,714,000 million (YoY +51.9%) / Operating profit ¥846,000 million (YoY +69.5%) / Ordinary income ¥891,000 million (YoY +72.4%) / Net income ¥660,000 million (YoY +75.8%)
Revision to Earnings ForecastNet Sales ¥1,420,000 million → ¥1,714,000 million(+20.7%) / Operating profit ¥627,500 million → ¥846,000 million(+34.8%) / Ordinary income ¥629,000 million → ¥891,000 million(+41.7%) / Net income ¥465,500 million → ¥660,000 million(+41.8%)
Annual Dividend Forecast¥59 → Not disclosed
Segment revenueTest Systems segment 3,336 Hundred millions of yen (YoY +38.7%), Services and Other segment 339 Hundred millions of yen (YoY +46.0%)
Segment profitTest Systems segment 1,907 Hundred millions of yen (YoY +50.3%), Services and Other segment 86 Hundred millions of yen (YoY +216.4%)
Depreciation and amortization¥7,151 million
Disclosure regarding the going concern assumptionNot applicable (no matters to report in the notes on the going concern assumption)
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed
Changes in the scope of consolidation0 companies newly included or excluded (no material changes)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End732,000,000
Treasury Shares at Period-End8,033,510
Factors Behind Changes in Business PerformanceA significant expansion in demand for testers for high-performance semiconductors related to AI, increased production volumes of AI- and HPC-related semiconductors, customers' proactive capital investment, higher sales and an improved sales mix, and the ongoing depreciation of the yen. Valuation gains on financial instruments related to strategic investments also contributed to profit before tax and quarterly profit, among other items.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material subsequent events

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.

A significant expansion in demand for testers for high-performance semiconductors related to AI, the expectation that testing demand for AI semiconductors used for inference will significantly exceed the assumptions made as of April 2026, first-quarter performance progress, and the ongoing depreciation of the yen.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [IFRS] (Consolidated) | ADVANTEST CORPORATION (6857) timely disclosure | Komori