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ADVANTEST slumps on profit-taking despite 24% profit growth forecast
ADVANTEST <6857> slumped following the market close on the 27th, when the company released its outlook for the fiscal year ending March 2027 alongside consolidated results for the year ended March 2026. ADVANTEST projected revenue of 1.42 trillion yen, up 25.8% year-on-year, and net profit of 465.5 billion yen, up 24.0%. While the company expects a second consecutive year of record earnings driven by robust demand for AI-related semiconductor testers and high-performance DRAM applications, the forecast was deemed conservative by the market. Profit-taking emerged following a significant run-up in the share price through the previous session.
The company left its annual dividend forecast for the current fiscal year undecided. For the year ended March 2026, revenue rose 44.7% to 1.13 trillion yen, while net profit reached 375.35 billion yen, more than doubling year-on-year and exceeding previous guidance. The year-end dividend for the previous period was set at 30 yen, bringing the annual total to 59 yen, an increase of 20 yen from the previous year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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