July 29, 2025
(in billion yen)
Looking at Advantest's business environment going forward, in CY2025, the semiconductor industry growth is likely to continue to be driven by AI-related semiconductors demand, following the trend from the previous fiscal year. In the semiconductor tester industry, while the recovery in demand for non-AI applications is still expected to take time, the elevated demand for AI-related applications is increasing at a pace exceeding initial expectations, driven by factors such as growing complexity and expanding demand. Furthermore, the increasing number of companies entering the AI semiconductor industry is also expected to further drive demand.
Based on this outlook and the progress made for the three-month period ended June 30, 2025, Advantest has revised its full-year consolidated forecast for the current fiscal year from the forecast as of April 2025 as follows. Sales forecast is revised up to (Y) 835.0 billion from (Y) 755.0 billion, operating income to (Y) 300.0 billion from (Y) 242.0 billion, income before income taxes to (Y) 297.0 billion from (Y) 240.0 billion and net income to (Y) 221.5 billion from (Y) 179.0 billion, respectively. This forecast is based on exchange rate assumptions of 1 USD to 140 JPY and 1 EUR to 155 JPY for the nine months from the second quarter of the consolidated fiscal year.
At this time, Advantest does not anticipate more than a minor direct impact on its business and results from tariff measures. However, Advantest perceives that the business environment surrounding our company remains unpredictable, due to growing concerns over a global economic slowdown, geopolitical risks, and sharp exchange rate fluctuations.
Advantest will continue to constantly monitor changes in the external environment and respond expeditiously and flexibly. At the same time, Advantest will strive to expand the value it provides to stakeholders over the mid/long-term by pursuing the measures set out in the Third Mid-term Management Plan.