ADVANTEST, Net Income Forecast for the Fiscal Year Revised Upward by 24%, Raises Record High Profit Forecast
6857 ADVANTEST CORPORATION 【IFRS】
Earnings ReportADVANTEST CORPORATION <6857> [TSE Prime] announced its financial results (based on IFRS) after the market closed on October 28th (15:30). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) surged 2.4 times that of the same period last year, reaching 169 billion yen.
In addition, the full-year forecast for consolidated net income has been revised upward 24.2%, from the previous forecast of 221 billion yen to 275 billion yen (compared to 161 billion yen in the previous period), increasing the growth rate from 37.4% to 70.6%, further surpassing the previous forecast of record-high profits for two consecutive terms.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to grow 14.5% from the same period last year, reaching 105 billion yen.
At the same time, the annual dividend remains undecided.
In the most recent three-month period, from July to September (2Q), the consolidated net income increased 75.1% from the same period last year, reaching 79.6 billion yen. The operating profit margin rose from 33.4% in the same period last year to 41.3%.
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Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
217,511M | 35,269M | 33,317M | 25,938M | 35.2 | 42.6 | Oct 31, 2023 | IFRS |
|
|
329,206M | 94,859M | 92,645M | 69,343M | 93.9 | 41.2 | Oct 30, 2024 | IFRS |
|
|
526,733M | 232,435M | 230,517M | 169,813M | 232.2 | 62.1 | Oct 28, 2025 | IFRS |
| YoY | +60.0% | +145.0% | +148.8% | +144.9% | +147.2% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | ー | ー | ー | ー | - | - | Apr 25, 2025 | IFRS |
| Apr - Sep, 2025 Results | 526,733M | 232,435M | 230,517M | 169,813M | 232.2 | 29 | Oct 28, 2025 | IFRS |
| Revision Rate | - | - | - | - | - |
Guidance Update
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 835,000M | 300,000M | 297,000M | 221,500M | 305.1 | - | Jul 29, 2025 | IFRS |
| Mar, 2026 New | 950,000M | 374,000M | 371,500M | 275,000M | 378.8 | - | Oct 28, 2025 | IFRS |
| Revision Rate | +13.8% | +24.7% | +25.1% | +24.2% | +24.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
450,501M | 133,302M | 132,129M | 91,834M | 124.6 | 20 | Apr 25, 2025 | IFRS |
|
Guidance
Oct - Mar, 2025
|
423,267M | 141,565M | 140,983M | 105,187M | 144.9 | - | Oct 28, 2025 | IFRS |
| YoY | -6.0% | +6.2% | +6.7% | +14.5% | +16.3% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
486,507M | 81,628M | 78,170M | 62,290M | 84.5 | 34.25 | Apr 26, 2024 | IFRS |
|
|
779,707M | 228,161M | 224,774M | 161,177M | 218.7 | 39 | Apr 25, 2025 | IFRS |
|
Guidance
Mar, 2026
|
950,000M | 374,000M | 371,500M | 275,000M | 378.8 | - | Oct 28, 2025 | IFRS |
| YoY | +21.8% | +63.9% | +65.3% | +70.6% | +73.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
190,481M | 63,534M | 60,715M | 45,470M | 61.6 | 33.4 | Oct 30, 2024 | IFRS |
|
|
218,152M | 69,267M | 70,547M | 51,867M | 70.3 | 31.8 | Jan 29, 2025 | IFRS |
|
|
232,349M | 64,035M | 61,582M | 39,967M | 54.2 | 27.6 | Apr 25, 2025 | IFRS |
|
|
263,776M | 123,952M | 121,357M | 90,180M | 123.1 | 47.0 | Jul 29, 2025 | IFRS |
|
|
262,957M | 108,483M | 109,160M | 79,633M | 108.9 | 41.3 | Oct 28, 2025 | IFRS |
| YoY | +38.0% | +70.7% | +79.8% | +75.1% | +76.8% |