Advantest raises full-year forecast, interim dividend on strong AI demand

Advantest Corporation reported strong performance for the second quarter of the fiscal year ending March 2026, with net sales reaching JPY 526.7 bn and net income at JPY 169.8 bn. This led to a substantial upward revision of its full-year consolidated earnings forecast for the fiscal year ending March 2026, with projected net sales increasing to JPY 950.0 bn, operating income to JPY 374.0 bn, and net income to JPY 275.0 bn, reflecting strong demand for AI-related semiconductors.

In line with its improved financial outlook, Advantest’s board of directors resolved to pay an interim dividend of JPY 29 per share, an increase from the previous fiscal year's JPY 19. The company also announced a new share repurchase program, authorizing the acquisition of up to 18 million shares, or JPY 150 bn, to enhance shareholder returns and capital efficiency.

The strong performance and revised outlook reflect Advantest’s continued leadership in the semiconductor tester industry, particularly in high-performance computing (HPC) and AI-related applications. The company’s mid-term management plan (MTP3) targets have also been revised upwards, reflecting these positive trends and ongoing strategic investments.