Komori
Revisions to earnings forecasts6857ADVANTEST CORPORATIONElectrical Equipment & Precision Instruments

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [IFRS] (Consolidated)

The company disclosed results for the second quarter (interim period) of the fiscal year ending March 2027 and raised its full-year consolidated earnings forecasts in light of demand related to AI and other factors. Forecasts for net sales, operating profit, profit before tax and profit for the period have all been raised.

Worth reading
70In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
149000
¥ million (upward revision to net sales)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published As of July 2026
Net Sales1,714,000→1,863,000million
+8.7%
Operating profit846,000→967,000million
+14.3%
Profit attributable to owners of the parent660,000→741,500million
+12.3%
Net income per share—→1,027.08yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

The revision reflects expectations for strong growth in the semiconductor market, particularly high-performance semiconductors, and increased demand for semiconductor testers amid expanding investment related to AI, as well as progress in results during the interim consolidated accounting period. The second-half exchange-rate assumptions are ¥150 to the US dollar and ¥170 to the euro.

Previous-period resultsInterim period of the fiscal year ended March 2026: net sales of ¥526,733 million, operating profit of ¥232,435 million, interim profit attributable to owners of the parent of ¥169,813 million, and basic interim earnings per share of ¥232.19
Dividend forecast revisionRevised. The interim dividend for the fiscal year ending March 2027 is ¥49.00. Details will be provided separately in the "Notice Regarding Dividend of Surplus (Interim Dividend)".
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥1,714,000 million → ¥1,863,000 million(Approximately 8.7%)
Operating profit¥846,000 million → ¥967,000 million(Approximately 14.3%)
Profit attributable to owners of the parent¥660,000 million → ¥741,500 million(Approximately 12.3%)
Net income per shareNot disclosed → 1,027.08 yen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecastAs of July 2026
Previous-period resultsInterim period of the fiscal year ended March 2026: net sales of ¥526,733 million, operating profit of ¥232,435 million, interim profit attributable to owners of the parent of ¥169,813 million, and basic interim earnings per share of ¥232.19
Reason for the revisionThe revision reflects expectations for strong growth in the semiconductor market, particularly high-performance semiconductors, and increased demand for semiconductor testers amid expanding investment related to AI, as well as progress in results during the interim consolidated accounting period. The second-half exchange-rate assumptions are ¥150 to the US dollar and ¥170 to the euro.
Dividend forecast revisionRevised. The interim dividend for the fiscal year ending March 2027 is ¥49.00. Details will be provided separately in the "Notice Regarding Dividend of Surplus (Interim Dividend)".
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomeDetails and amount of extraordinary loss

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.

The revision reflects expectations for strong growth in the high-performance semiconductor market and demand for semiconductor testers, driven by increased investment related to AI, as well as progress in results during the interim consolidated accounting period. The full-year forecasts assume second-half exchange rates of ¥150 to the US dollar and ¥170 to the euro.

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