Komori
Financial Results Presentation6857ADVANTEST CORPORATIONElectrical Equipment and Precision Instruments

Financial Results Presentation Materials for the First Quarter of Fiscal 2026

In the first quarter of FY2026, revenue, operating profit and net income all rose significantly year on year, reaching record highs for a quarter. Against a backdrop of growing demand for AI semiconductors, the company is increasing production capacity and investing in research and development, and has revised its full-year earnings forecast upward.

Worth reading
63In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
294
¥10 billion (amount of upward revision to full-year revenue forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial Results PresentationFirst quarter of the fiscal year ended March 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥367.5 1 billion+39.3%
Operating profit¥190 1 billion+53.3%
Ordinary income¥234.1 10 billion +92.9%IFRS profit before tax
Net income¥174.8 1 billion+93.8%
Gross Profit Margin69.5%
Operating profit margin51.7%
Results for the three months of the current quarter
Net Sales
¥367.5 1 billion
Operating profit
¥190 1 billion
Income before taxes
¥234.1 1 billion
Profit for the period
¥174.8 1 billion
Full-year earnings forecast
Net Sales
¥1,714 1 billion
Operating profit
¥846 1 billion
Income before taxes
¥891 1 billion
Profit for the period
¥660 1 billion
Basic EPS
¥911.64
Research and development costs
¥110 1 billion
Capital Expenditures
¥50 1 billion
Depreciation and amortization
¥31 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¥152 per US$1
Euro exchange rate¥174 per €1
Foreign exchange sensitivityFor the US dollar, a ¥1 depreciation against the dollar increases operating profit by ¥5.3 billion; for the euro, a ¥1 depreciation against the euro reduces operating profit by ¥0.4 billion
New initiatives
  • Accelerating the expansion of production capacity
  • Increasing full-year research and development expenses to ¥110.0 billion
  • Expand partnerships
Key KPIsA metric the company considers important as a management benchmark.
  • CY26 tester market size forecast13.0–14.5 (memory), 2.5–3.0 (SoC)
    Year on year against the same period last yearApproximately +19% versus the previous forecast (based on midpoint)
  • Global Semiconductor Supplier AwardNo. 1 for 7 consecutive years
    Year on year against the same period last yearContinuing
  • Top 10 Customer ServiceAward recipient for 38 consecutive years
    Year on year against the same period last yearContinuing
  • DJBIC Asia PacificSelected for 4 consecutive years
    Year on year against the same period last yearContinuing
  • SOMPO Sustainability IndexSelected for 10 consecutive years
    Year on year against the same period last yearContinuing
Segment results
Test systems
Net Sales
¥333.6 1 billion
Services and other
Net Sales
¥33.9 1 billion
Market Size / Share
CY26 tester market size: 13.0–14.5 (memory), 2.5–3.0 (SoC), 16.0–17.5 in total
Capital expenditures
¥50 1 billion
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredFirst quarter of the fiscal year ended March 2026
Net Sales¥367.5 1 billion (YoY +39.3%)
Operating profit¥190 1 billion (YoY +53.3%)
Ordinary income¥234.1 10 billion (IFRS profit before tax) (YoY +92.9%)
Net income¥174.8 1 billion (YoY +93.8%)
Gross Profit Margin69.5%
Operating profit margin51.7%
Results for the three months of the current quarterNet Sales ¥367.5 1 billion / Operating profit ¥190 1 billion / Income before taxes ¥234.1 1 billion / Profit for the period ¥174.8 1 billion
Full-year earnings forecastNet Sales ¥1,714 1 billion / Operating profit ¥846 1 billion / Income before taxes ¥891 1 billion / Profit for the period ¥660 1 billion / Basic EPS ¥911.64 / Research and development costs ¥110 1 billion / Capital Expenditures ¥50 1 billion / Depreciation and amortization ¥31 1 billion
Segment resultsTest systems Net Sales ¥333.6 1 billion / Services and other Net Sales ¥33.9 1 billion
Key KPIsIndicator name CY26 tester market size forecast / Value 13.0–14.5 (memory), 2.5–3.0 (SoC) / Year on year against the same period last year Approximately +19% versus the previous forecast (based on midpoint), Indicator name Global Semiconductor Supplier Award / Value No. 1 for 7 consecutive years / Year on year against the same period last year Continuing, Indicator name Top 10 Customer Service / Value Award recipient for 38 consecutive years / Year on year against the same period last year Continuing, Indicator name DJBIC Asia Pacific / Value Selected for 4 consecutive years / Year on year against the same period last year Continuing, Indicator name SOMPO Sustainability Index / Value Selected for 10 consecutive years / Year on year against the same period last year Continuing
Assumptions Underlying the Business OutlookU.S. dollar exchange rate ¥152 per US$1 / Euro exchange rate ¥174 per €1 / Foreign exchange sensitivity For the US dollar, a ¥1 depreciation against the dollar increases operating profit by ¥5.3 billion; for the euro, a ¥1 depreciation against the euro reduces operating profit by ¥0.4 billion
Capital expenditures¥50 1 billion
Market Size / ShareMarket Size CY26 tester market size: 13.0–14.5 (memory), 2.5–3.0 (SoC), 16.0–17.5 in total / Share Not disclosed
New initiativesAccelerating the expansion of production capacity, Increasing full-year research and development expenses to ¥110.0 billion, Expand partnerships
Items this document does not state (15)
Selling, general and administrative expensesProgress 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 targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders 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.

Production volumes of AI-related semiconductors are expected to increase, while devices are becoming more complex. In particular, demand for ASICs, CPUs and DRAM for inference AI is expected to exceed initial assumptions. The company is accelerating the expansion of production capacity to meet robust demand.

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.
Financial Results Presentation Materials for the First Quarter of Fiscal 2026 | ADVANTEST CORPORATION (6857) timely disclosure | Komori