Advantest surged on the proprietary trading system (PTS) operated by JapanNext Securities. The company revised upward its full-year forecast for the fiscal year ending March 2027 and announced the acquisition of treasury shares. The stock continued to rise in afternoon trading, with the upward revision and buyback announcement drawing market attention.
Advantest rose on PTS following an announcement made after the close of regular trading, with its stock price above the previous day's close as of 4 p.m. The previous day's closing price was ¥34,930, and the stock rose to around ¥36,900 in afternoon trading.
The company revised its consolidated earnings forecast for the current fiscal year, raising revenue from the previous forecast of ¥1.714 trillion to ¥1.863 trillion and net profit from ¥660 billion to ¥741.5 billion. These figures have been newly presented as the full-year earnings outlook.
Advantest also announced a share buyback, setting the total number of shares to be acquired at up to 11 million and the total acquisition amount at up to ¥280 billion. The announcement indicated a policy of strengthening shareholder returns.