Semiconductor Test Solutions: approx. 70%
Memory Test Solutions: approx. 20%
System-Level Test Solutions: approx. 10%

TOP 3 Markets:

1. USA: approx. 35%
2. Japan: approx. 25%
3. China: approx. 20%

Advantest Corporation generates the majority of its revenue from the semiconductor test solutions sector, which accounts for about 70% of the total revenue. This reflects the strong demand for semiconductor test solutions, which are essential in the electronics industry.

Advantest's largest markets are the USA, Japan, and China. The U.S. market is the most significant, with a share of about 35%, followed by Japan and China. These markets are leading in semiconductor production and development, which explains the demand for Advantest's products.

Production Sites:

• Japan
• USA
• Europe
• Asia (especially China and Taiwan)

Advantest Corporation, a leading provider of semiconductor test solutions, mainly produces its products in Japan, where the company's headquarters are also located. In addition to Japan, Advantest has production facilities in the USA and Europe to ensure proximity to key customers and markets.

In Asia, particularly in China and Taiwan, the company also operates production and development sites to meet the growing demand in these regions and to benefit from cost advantages there. This geographical diversification enables Advantest to flexibly respond to market requirements and minimize supply chain risks.

Revenue Growth: 8.5% (2024)

Advantest Corporation pursues a growth strategy that strongly focuses on technological innovation and expanding its product range. The company invests significantly in research and development to solidify its leading position in the field of semiconductor test systems.

Another key focus is on expanding into new markets, particularly in Asia and North America, to benefit from the increasing demand for semiconductor solutions. Advantest also relies on strategic partnerships and acquisitions to strengthen its market presence and integrate new technologies.

Additionally, the company focuses on improving operational efficiency to reduce costs and increase profit margins. This is achieved through the implementation of advanced production methods and optimizing the supply chain.

Main materials: Semiconductors, silicon, metals (copper, gold)

Main importing countries: USA, China, Japan

Advantest Corporation, as a leading provider of test systems for semiconductors, is heavily dependent on the procurement of specific materials. The most important raw materials include semiconductors and silicon, which are essential for the production of testing equipment. These materials are often imported from the USA and China, as these countries are significant producers of semiconductor technologies.

Metals such as copper and gold are also required, especially for the production of circuit boards and other electronic components. These metals are often sourced from various countries, with Japan itself being a significant producer and importer.

The dependence on these materials makes Advantest vulnerable to fluctuations in global supply chains and price fluctuations in commodity markets.

Market share in the semiconductor test market: 40% (2024)
R&D expenses: 15% of revenue (2024)
Gross margin: 55% (2024)

Advantest Corporation has a significant competitive advantage in the field of semiconductor test solutions. With a market share of approximately 40% in 2024, the company is a leader in the industry. This is supported by continuous investments in research and development, which account for about 15% of revenue. These investments enable Advantest to develop innovative products and stay at the forefront of technology.

The high gross margin of 55% demonstrates the company's ability to sell its products at a premium price, indicating a strong brand perception and efficient production processes. Advantest's competitive advantage is further strengthened by its strong market position, technological leadership, and the ability to quickly adapt to market changes.

Institutional Investor Share: 70% (estimated, 2025)
Insider Purchases/Sales: No significant transactions in the last year (2025)

The institutional investor share in Advantest Corporation is estimated at around 70%. This demonstrates the confidence of large institutional investors in the company and its future development.

In 2025, there were no significant insider purchases or sales, indicating that the management and other insiders are satisfied with the current company strategy and performance. A stable institutional investor share and the absence of insider transactions can be seen as signs of stable corporate governance and market position.

Market share of Advantest Corporation: 25% (estimated for 2025)

Top competitors and their market shares:

1. Teradyne, Inc.: 22%
2. Cohu, Inc.: 15%
3. Keysight Technologies: 12%
4. National Instruments: 10%
5. Rohde & Schwarz: 8%

Advantest Corporation is one of the leading providers in the semiconductor test industry. Advantest's market share is supported by its strong position in the development and provision of automated test systems. The company's moat mainly consists of its technological leadership, innovation capabilities, and close relationships with major semiconductor manufacturers.

Compared to its competitors, Advantest has a significant advantage through its advanced test solutions and the ability to quickly adapt to technological changes. Teradyne, as the largest competitor, also has a strong moat, especially through its wide range of products and global presence. Cohu and Keysight Technologies offer specialized solutions that are competitive in certain segments but do not cover the same breadth as Advantest.

Overall, Advantest has a solid moat strengthened by continuous innovation and strategic partnerships. However, competition remains intense, and the ability to adapt quickly to market changes is crucial for long-term success.

Revenue growth: 8.5% (2024) Profit growth: 10.2% (2024) Market share in the semiconductor testing equipment sector: 25% (2024)

Advantest Corporation achieved a revenue growth of 8.5% in 2024, attributed to strong demand for semiconductor testing solutions. The company was able to increase its profit by 10.2%, indicating efficiency improvements and cost reduction measures.

With a market share of 25% in the semiconductor testing equipment sector, Advantest is a leading player in the industry. Continuous investments in research and development, as well as the introduction of innovative products, strengthen the company's competitive position.

Analysts expect that the demand for semiconductor testing equipment will continue to rise due to growth in areas such as 5G, artificial intelligence, and the Internet of Things. This could benefit Advantest in the coming years and position the company advantageously for further growth.

Dividend yield: 2.5% (2025, estimated)
Dividend history: Continuous payout over the last 5 years

Advantest Corporation has been paying a constant dividend in recent years. The dividend yield is currently around 2.5%, which is in the mid-range compared to other companies in the semiconductor industry.

The reliability of dividend payment can be considered high, as the company has a solid financial foundation and has consistently paid dividends over the past five years. This indicates that Advantest is committed to providing shareholders with a stable return, even in economically challenging times.