ADVANTEST CORPORATION (6857) Stock Price

Advantest manufactures and sells semiconductor and component test system products, as well as mechatronics-related products. The company also provides research and development, maintenance, and service support related to these products.

The Semiconductor and Component Test Systems division provides test system products for the semiconductor and electronic components industries. Specifically, the division offers SoC test systems for SoC semiconductor devices and memory test systems for memory semiconductor devices.

Production in this division is handled by Advantest and external contractors. Domestically and in select overseas markets such as South Korea and China, Advantest manages sales directly. Sales in other overseas regions are handled by subsidiaries including Advantest America, Inc. and Advantest Europe GmbH.

The Mechatronics division provides test handlers for semiconductor device handling, device interfaces, and nanotechnology-related products. Production and sales operations follow the same structure as the Semiconductor and Component Test Systems division.

The Service and Other division provides comprehensive customer solutions, system-level test solutions, support services, consumables sales, used equipment sales, and equipment leasing services. Through these offerings, the company addresses diverse customer needs.

Advantest has adopted "The Advantest Way" as its growth strategy, aiming to contribute to societal development through the advancement of cutting-edge technology. Based on this philosophy, the company seeks to become the most trusted test solutions company in the semiconductor value chain. This approach prioritizes maximizing the value delivered to customers and society, while building trust with stakeholders.

Advantest's medium- to long-term management policy, "Grand Design," was established in 2018 and revised in 2024. Under this framework, the company has achieved improved market share, business expansion, and enhanced profitability. Going forward, Advantest plans to continue strengthening its management foundation and expanding the value it provides to stakeholders based on this policy.

Advantest's Third Medium-Term Management Plan (MTP3, fiscal years 2024–2026) outlines four key strategies. The first is to achieve growth that exceeds the core market growth rate by enhancing test solutions performance in response to increased semiconductor production volumes and higher performance requirements. The second strategy is to expand into adjacent markets and new business domains, including system-level testing and test-related equipment, thereby broadening the value proposition to customers.

The third strategy is the promotion of operational excellence. By leveraging technology and expertise to increase efficiency and effectiveness, Advantest aims to solve semiconductor industry testing challenges. The fourth strategy is strengthening sustainability initiatives through proactive action on climate change and human rights issues, thereby reinforcing the foundation for enhanced corporate value.

Through these strategies, Advantest aims to expand revenue, improve profitability, and enhance capital efficiency to increase corporate value. In fiscal year 2024, the first year of MTP3, the company exceeded all management targets and continues to grow.