A 
Advantest 6857.T · JPY
Information Technology · Semiconductors & Semiconductor Equipment · Tokyo Stock Exchange · 🇯🇵 Japan
28,015
-4.99%
Close of 6 Nov 2026, in JPY
At a glance
Figures in JPY, from our data supplier.
Revenue
¥1.13trn
FY2017FY2026
Net income
¥375.35bn
FY2017FY2026
Free cash flow
¥302.17bn
FY2017FY2026
Shareholders' equity
¥795.73bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.13trn | ¥779.71bn | ¥486.51bn | ¥560.19bn | ¥416.90bn | ¥312.79bn | ¥275.89bn | ¥282.46bn | ¥207.22bn | ¥155.92bn |
| Gross profit | ¥726.11bn | ¥445.08bn | ¥246.03bn | ¥319.06bn | ¥235.91bn | ¥168.29bn | ¥156.50bn | ¥154.04bn | ¥106.59bn | ¥89.74bn |
| Research and development | — | ¥71.40bn | ¥65.50bn | ¥60.10bn | ¥48.40bn | ¥42.68bn | ¥40.07bn | ¥37.85bn | ¥33.54bn | ¥31.17bn |
| Operating income | ¥496.48bn | ¥228.16bn | ¥87.66bn | ¥167.02bn | ¥114.78bn | ¥70.73bn | ¥58.75bn | ¥64.66bn | ¥24.49bn | ¥13.90bn |
| Net income | ¥375.35bn | ¥161.18bn | ¥62.29bn | ¥130.40bn | ¥87.30bn | ¥69.79bn | ¥53.53bn | ¥56.99bn | ¥18.10bn | ¥14.20bn |
| Diluted earnings per share | 515.18 | 221.06 | 84.39 | 931.80 | 117.63 | 89.73 | 67.84 | 71.51 | 22.87 | 18.03 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥1.17trn | ¥854.21bn | ¥671.23bn | ¥600.22bn | ¥494.70bn | ¥422.64bn | ¥355.78bn | ¥304.58bn | ¥254.56bn | ¥231.60bn |
| Cash and short-term investments | ¥339.97bn | ¥262.54bn | ¥106.70bn | ¥85.54bn | ¥116.58bn | ¥149.16bn | ¥127.70bn | ¥119.94bn | ¥103.97bn | ¥95.32bn |
| Total liabilities | ¥376.09bn | ¥347.67bn | ¥240.05bn | ¥231.53bn | ¥200.07bn | ¥142.27bn | ¥124.33bn | ¥105.85bn | ¥129.95bn | ¥122.09bn |
| Debt | ¥4.97bn | ¥93.50bn | ¥94.44bn | ¥50.84bn | ¥43.46bn | ¥11.85bn | ¥11.29bn | — | ¥29.87bn | ¥44.74bn |
| Shareholders' equity | ¥795.73bn | ¥506.54bn | ¥431.18bn | ¥368.69bn | ¥294.62bn | ¥280.37bn | ¥231.45bn | ¥198.73bn | ¥124.61bn | ¥109.52bn |
| Shares outstanding | 729m | 729m | 738m | 140m | 742m | 778m | 789m | 797m | 792m | 788m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥335.18bn | ¥285.97bn | ¥32.67bn | ¥70.22bn | ¥78.89bn | ¥67.83bn | ¥66.47bn | ¥44.79bn | ¥28.25bn | ¥15.83bn |
| Capital spending | −¥33.01bn | −¥17.41bn | −¥20.54bn | −¥23.59bn | −¥18.22bn | −¥13.28bn | −¥8.88bn | −¥6.40bn | −¥4.73bn | −¥4.41bn |
| Free cash flow | ¥302.17bn | ¥268.56bn | ¥12.13bn | ¥46.64bn | ¥60.67bn | ¥54.55bn | ¥57.59bn | ¥38.39bn | ¥23.53bn | ¥11.42bn |
| Dividends paid | −¥35.75bn | −¥27.32bn | −¥24.88bn | −¥25.42bn | −¥25.46bn | −¥15.59bn | −¥16.43bn | −¥13.79bn | −¥3.72bn | −¥4.02bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥367.47bn | ¥328.07bn | ¥273.80bn | ¥262.96bn | ¥263.78bn | ¥232.35bn | ¥218.20bn | ¥190.48bn |
| Gross profit | ¥255.55bn | ¥221.12bn | ¥169.71bn | ¥163.64bn | ¥171.64bn | ¥139.23bn | ¥118.90bn | ¥110.09bn |
| Operating income | ¥189.31bn | ¥153.56bn | ¥113.51bn | ¥108.29bn | ¥121.12bn | ¥85.53bn | ¥69.54bn | ¥63.26bn |
| Net income | ¥174.78bn | ¥126.83bn | ¥78.71bn | ¥79.63bn | ¥90.18bn | ¥39.97bn | ¥51.90bn | ¥45.47bn |
| Diluted earnings per share | 239.89 | 174.07 | 107.96 | 109.22 | 123.69 | 54.82 | 70.31 | 61.60 |
| Cash from operations | ¥137.16bn | ¥116.63bn | ¥78.63bn | ¥93.07bn | ¥46.85bn | ¥115.61bn | ¥77.50bn | ¥65.19bn |
| Capital spending | −¥9.85bn | −¥8.28bn | −¥6.43bn | −¥12.65bn | −¥5.65bn | −¥5.42bn | −¥4.85bn | −¥3.36bn |
| Free cash flow | ¥127.30bn | ¥108.35bn | ¥72.20bn | ¥80.42bn | ¥41.20bn | ¥110.18bn | ¥72.65bn | ¥61.82bn |
| Total assets | ¥1.51trn | ¥1.17trn | ¥1.02trn | ¥971.54bn | ¥889.87bn | ¥854.21bn | ¥793.85bn | ¥762.11bn |
| Cash and short-term investments | ¥413.12bn | ¥339.97bn | ¥329.32bn | ¥298.20bn | ¥273.41bn | ¥262.54bn | ¥196.04bn | ¥167.16bn |
| Debt | ¥4.98bn | ¥4.97bn | ¥80.05bn | ¥79.35bn | ¥79.21bn | ¥80.00bn | ¥5.34bn | ¥79.45bn |
| Shareholders' equity | ¥1.04trn | ¥795.73bn | ¥674.30bn | ¥610.34bn | ¥574.22bn | ¥506.54bn | ¥496.95bn | ¥475.81bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 26.3% | 29.3% | 21.4% |
| Operating income | 43.8% | 47.7% | 44.4% |
| Net income | 42.3% | 40.0% | 49.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 61.4% | 58.8% | 58.1% | 57.4% |
| Operating margin | 38.0% | 33.1% | 31.6% | 28.1% |
| Net margin | 28.1% | 24.7% | 24.1% | 21.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 64.6 | 88.8 | 109.0 | 5.2 | 18.0 | 30.4 | 28.5 | 21.5 | 24.5 | 29.0 |
| Price to sales | 21.5 | 18.4 | 14.0 | 1.2 | 3.8 | 6.8 | 5.5 | 4.3 | 2.1 | 2.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 29 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 49.00 | 79.00 | 37.00 | 33.75 | 33.75 | 32.50 | 19.75 | 20.75 |
- 4-for-1 split · 28 Sept 2023
- 2-for-1 split · 26 Sept 2006
- 1.1-for-1 split · 26 Mar 1998
- 1.1-for-1 split · 26 Mar 1997
- 1.1-for-1 split · 26 Mar 1996
- 11-for-10 split · 26 Mar 1991
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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