Advantest Receives “IR Good Visual Award”

TOKYO, Japan – April 8, 2022 – Leading semiconductor test equipment supplier Advantest Corporation (TSE: 6857) was honored at the 9th “IR Good Visual Awards,” sponsored by the IR Good Visual Award Executive Committee (Japan Investor Relations Association, Value Create Inc.).

The IR Good Visual Awards spotlight IR materials that effectively convey corporate value, even at the level of a single slide. By rewarding good IR practices, they aim to provide specific hints to IR personnel everywhere.

Advantest was recognized for a slide showing capital policy and capital allocation in a presentation explaining the company's second mid-term management plan, which sets forth medium- to long-term capital allocation based on a comparison with the previous mid-term management plan.

Advantest’s winning slide is shown below.

Comments and recommendations from the award judges on this slide:

• The text on the left and the chart on the right are well-balanced, both in terms of quantity and quality.
• The font and line spacing are well-considered, making the text concise and easy to read. However, it would be easier to compare the KPI target values for B/S if the latest value were also given.
• The best thing about this slide is that the results of the previous mid-term plan are given, and it shows how these are forecast to change under the new mid-term plan.
• Although this slide deals with general information, it is packed with rich content. This one slide could start an insightful discussion for investors.
• Many companies use waterfall charts, but when the figures are positive, as in this case, it is easier to understand when upward arrows are used.