Advantest Corporation logo

Advantest Corporation

6857.T

JPXTechnologySemiconductors

Latest quote

¥34,500

−¥1,400 · -3.90%

Aug 24, 3:30 PM JST

6857.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Advantest Corporation is a leading provider of advanced testing equipment for semiconductors and electronic components, in addition to mechatronics-based solutions. The company's operations are divided into three primary divisions: Semiconductor and Component Test System, Mechatronics System, and Services, Support, and Other. The Semiconductor and Component Test System segment focuses on delivering sophisticated testing apparatus for both the semiconductor and broader electronic parts sectors, including specialized systems for System-on-Chip (SoC) and memory semiconductor devices. Within the Mechatronics System segment, Advantest develops and supplies crucial products like test handlers, various mechatronic applications for semiconductor handling, and device interfaces, alongside its engagement in nanotechnology products. The Services, Support, and Other segment is responsible for offering comprehensive customer solutions and support for the other two divisions, managing the sale of consumables and pre-owned equipment, and providing equipment leasing services. Furthermore, the company dedicates significant resources to research and development in cutting-edge measurement and testing technologies. Advantest serves a diverse global clientele, encompassing fabless semiconductor firms, foundries, test houses, and a range of industrial, design, and manufacturing companies throughout Japan, the wider Asian region, the United States, and Europe. Noteworthy collaborations include a partnership with STMicroelectronics for advanced automated IC test cells and an alliance with PDF Solutions Inc. for cloud-based software offerings. Established in 1954, Advantest maintains its corporate headquarters in Tokyo, Japan.

Industry
Semiconductors
Sector
Technology
Headquarters
JP
CEO
Douglas Lefever
Listed since
Dec 1, 1983
Employees
7,241

Market position

Day range

Current ¥34,500

52-week range

Current ¥34,500

Open
¥35,670
Previous close
¥35,900
Volume
5.65M
0.6× average
Average volume
9.35M
Average daily volume
Market cap
24.98T JPY
Beta
1.19
Market reference 1
50-day average
¥31,109.9
+10.90% above average
200-day average
¥25,728.82
+34.09% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
14.49T JPY
P/E (TTM)
54.48×
P/B (TTM)
23.97×
P/S (TTM)
20.27×
EV / EBITDA
26.59×
Earnings yield
2.53%
Free cash flow yield
2.04%
Dividend yield
0.17%

Profitability & efficiency

Gross margin
65.73%
Operating margin
45.82%
Net margin
37.32%
Return on equity
47.17%
Return on assets
32.03%
Return on invested capital
42.60%

Financial health

Debt / equity
0.1×
Current ratio
2.53×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends69%49%28%8%Gross margin, FY2021: 56.59%Gross margin, FY2022: 56.96%Gross margin, FY2023: 50.57%Gross margin, FY2024: 57.08%Gross margin, FY2025: 64.34%Operating margin, FY2021: 27.53%Operating margin, FY2022: 29.81%Operating margin, FY2023: 18.02%Operating margin, FY2024: 29.26%Operating margin, FY2025: 43.99%Net margin, FY2021: 20.94%Net margin, FY2022: 23.28%Net margin, FY2023: 12.80%Net margin, FY2024: 20.67%Net margin, FY2025: 33.26%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 56.59%. Gross margin FY2022 56.96%. Gross margin FY2023 50.57%. Gross margin FY2024 57.08%. Gross margin FY2025 64.34%. Operating margin FY2021 27.53%. Operating margin FY2022 29.81%. Operating margin FY2023 18.02%. Operating margin FY2024 29.26%. Operating margin FY2025 43.99%. Net margin FY2021 20.94%. Net margin FY2022 23.28%. Net margin FY2023 12.80%. Net margin FY2024 20.67%. Net margin FY2025 33.26%.

Income trends

Revenue

1.13T JPY+44.75%

Operating income

496.48B JPY+117.60%

Net income

375.35B JPY+132.88%
Income trends across reported periods1.24T JPY808.71B JPY382.19B JPY−44.34B JPYRevenue, FY2021: 416.9B JPYRevenue, FY2022: 560.19B JPYRevenue, FY2023: 486.51B JPYRevenue, FY2024: 779.71B JPYRevenue, FY2025: 1.13T JPYOperating income, FY2021: 114.78B JPYOperating income, FY2022: 167.02B JPYOperating income, FY2023: 87.66B JPYOperating income, FY2024: 228.16B JPYOperating income, FY2025: 496.48B JPYNet income, FY2021: 87.3B JPYNet income, FY2022: 130.4B JPYNet income, FY2023: 62.29B JPYNet income, FY2024: 161.18B JPYNet income, FY2025: 375.35B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 416.9B JPY. Revenue FY2022 560.19B JPY. Revenue FY2023 486.51B JPY. Revenue FY2024 779.71B JPY. Revenue FY2025 1.13T JPY. Operating income FY2021 114.78B JPY. Operating income FY2022 167.02B JPY. Operating income FY2023 87.66B JPY. Operating income FY2024 228.16B JPY. Operating income FY2025 496.48B JPY. Net income FY2021 87.3B JPY. Net income FY2022 130.4B JPY. Net income FY2023 62.29B JPY. Net income FY2024 161.18B JPY. Net income FY2025 375.35B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue1.13T JPY779.71B JPY486.51B JPY560.19B JPY416.9B JPY
Cost of goods sold402.5B JPY334.62B JPY240.48B JPY241.13B JPY180.99B JPY
Gross profit726.11B JPY445.09B JPY246.03B JPY319.06B JPY235.91B JPY
Research and development71.4B JPY65.5B JPY60.1B JPY48.4B JPY
Selling, general, and administrative229.63B JPY104.9B JPY75.08B JPY77.91B JPY61.48B JPY
Operating expenses229.63B JPY216.92B JPY158.96B JPY151.37B JPY121.17B JPY
Interest income20.35B JPY1.89B JPY1.19B JPY434M JPY138M JPY
Interest expense2.75B JPY2.74B JPY1.36B JPY712M JPY279M JPY
Depreciation and amortization25.61B JPY27.08B JPY26.1B JPY21.4B JPY14.97B JPY
Operating income496.48B JPY228.16B JPY87.66B JPY167.02B JPY114.78B JPY
Net income375.35B JPY161.18B JPY62.29B JPY130.4B JPY87.3B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+29.86%
11 comparable reports
Latest EPS result
241.27
Estimate 149.35 · Beat by 61.55%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates256.41185.67114.9244.17Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 69.22, estimate 51.97, surprise +33.19%, Beat. Q2 2025, reported Apr 25, 2025: actual 54.46, estimate 74.59, surprise -26.99%, Miss. Q3 2025, reported Jul 29, 2025: actual 123.14, estimate 91.74, surprise +34.23%, Beat. Q4 2025, reported Oct 28, 2025: actual 109.05, estimate 106.03, surprise +2.85%, Beat. Q1 2026, reported Jan 28, 2026: actual 107.07, estimate 73.75, surprise +45.18%, Beat. Q2 2026, reported Apr 27, 2026: actual 172.06, estimate 139.35, surprise +23.47%, Beat. Q3 2026, reported Jul 29, 2026: actual 241.27, estimate 149.35, surprise +61.55%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 210.54, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates446.51B354.36B262.21B170.06BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 214.85B JPY, estimate 189.12B JPY, surprise +13.60%, Beat. Q2 2025, reported Apr 25, 2025: actual 232.3B JPY, estimate 206.44B JPY, surprise +12.52%, Beat. Q3 2025, reported Jul 29, 2025: actual 263.78B JPY, estimate 229.23B JPY, surprise +15.07%, Beat. Q4 2025, reported Oct 28, 2025: actual 274.1B JPY, estimate 245.47B JPY, surprise +11.66%, Beat. Q1 2026, reported Jan 28, 2026: actual 270.42B JPY, estimate 218.5B JPY, surprise +23.77%, Beat. Q2 2026, reported Apr 27, 2026: actual 323.19B JPY, estimate 293.74B JPY, surprise +10.02%, Beat. Q3 2026, reported Jul 29, 2026: actual 367.47B JPY, estimate 340.23B JPY, surprise +8.01%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 427.44B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥49.00

2025 complete year+63.3% since 2021

2026 partial: ¥30.00

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Mar 30, 2026

¥30.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 2, 2026

Dividend

Ex-dividend Sep 29, 2025

¥29.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Mar 28, 2025

¥20.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 6, 2025

Dividend

Ex-dividend Sep 27, 2024

¥19.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 2, 2024

Dividend

Ex-dividend Mar 28, 2024

¥18.00

Semi-Annual

Record Mar 31, 2024 · Payment Jun 7, 2024

Dividend

Ex-dividend Sep 28, 2023

¥16.25

Semi-Annual

Record Sep 30, 2023 · Payment Dec 1, 2023

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