Advantest forecasts 6% annual profit growth due to AI demand

From Yahoo Finance: 2025-04-25 03:57:00

Advantest forecasts a 6% growth in operating profit next fiscal year, citing demand for chip testing tools for AI tasks. The company reported a sharp increase in operating profit for the year ended March 31, up to 228.2 billion yen. CEO Douglas Lefever is cautious about the uncertain business environment.

Despite the uncertain environment, Advantest expects an operating profit of 242 billion yen next fiscal year. The company plans to buy back 19 million shares for up to 70 billion yen. Shares closed up 4.6% ahead of earnings, but have fallen around 33% this year.

The company does not anticipate a major direct impact from tariffs. Advantest’s shares have fallen around 33% this year.($1 = 143.2400 yen)

Read more: Japan’s Advantest expects 6% annual profit growth as AI boosts testing