Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Advantest Corporation
  6. News
  7. Summary
    6857   JP3122400009

ADVANTEST CORPORATION

(6857)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Quarterly Financial Report (FY2021 Q2)

11/12/2021 | 12:48am EST

(English translation and a part of summary of the Quarterly Report for the fiscal second quarter ended September 30, 2021, pursuant to the Japanese Financial Instrument and Exchange Law.)

Quarterly Financial Report

For the fiscal second quarter ended September 30, 2021

Advantest Corporation

1. Condensed Consolidated Financial Statements

(1) Condensed Consolidated Statement of Financial Position

Millions of Yen

Note

As of

As of

March 31, 2021

September 30, 2021

Assets

Current assets

Cash and cash equivalents

149,164

146,716

Trade and other receivables

57,028

55,747

Inventories

64,340

75,742

Other current assets

8,563

9,922

Total current assets

279,095

288,127

Non-current assets

Property, plant and equipment, net

41,613

43,334

Right-of-use assets

11,668

10,701

Goodwill and intangible assets, net

12

54,543

54,033

Other financial assets

11

10,211

13,196

Deferred tax assets

25,242

25,088

Other non-current assets

269

475

Total non-current assets

143,546

146,827

Total assets

422,641

434,954

Liabilities and Equity

Liabilities

Current liabilities

Trade and other payables

58,558

55,574

Income tax payables

8,619

13,114

Provisions

4,058

4,575

Lease liabilities

2,486

2,496

Other financial liabilities

11

3,509

4,740

Other current liabilities

12,581

18,292

Total current liabilities

89,811

98,791

Non-current liabilities

Lease liabilities

9,364

8,390

Retirement benefit liabilities

36,891

35,958

Deferred tax liabilities

4,473

4,180

Other non-current liabilities

1,733

1,506

Total non-current liabilities

52,461

50,034

Total liabilities

142,272

148,825

Equity

Share capital

32,363

32,363

Share premium

44,573

44,236

Treasury shares

6

(15,001)

(30,732)

Retained earnings

214,858

233,860

Other components of equity

3,576

6,402

Total equity attributable to

280,369

286,129

owners of the parent

Total equity

280,369

286,129

Total liabilities and equity

422,641

434,954

1

  1. Condensed Consolidated Statement of Profit or Loss and Condensed Consolidated Statement of Comprehensive Income

Condensed Consolidated Statement of Profit or Loss

Millions of Yen

Note

Six months ended

Six months ended

September 30, 2020

September 30, 2021

Net sales

5, 8

144,102

187,990

Cost of sales

(64,476)

(83,237)

Gross profit

79,626

104,753

Selling, general and

(51,253)

(57,071)

administrative expenses

Other income

9

2,646

344

Other expenses

(82)

(550)

Operating income

5

30,937

47,476

Financial income

78

33

Financial expenses

(1,695)

(249)

Income before income taxes

29,320

47,260

Income taxes

(4,829)

(12,014)

Net income

24,491

35,246

Net income attributable to:

Owners of the parent

24,491

35,246

Earnings per share:

10

Yen

Yen

Basic

123.61

179.52

Diluted

122.97

178.60

Millions of Yen

Note

Three months ended

Three months ended

September 30, 2020

September 30, 2021

Net sales

5

77,377

90,874

Cost of sales

(35,704)

(40,866)

Gross profit

41,673

50,008

Selling, general and

(26,721)

(28,801)

administrative expenses

Other income

2,574

181

Other expenses

(47)

(37)

Operating income

5

17,479

21,351

Financial income

32

202

Financial expenses

(1,086)

(34)

Income before income taxes

16,425

21,519

Income taxes

(2,484)

(5,617)

Net income

13,941

15,902

Net income attributable to:

Owners of the parent

13,941

15,902

Earnings per share:

10

Yen

Yen

Basic

70.48

81.08

Diluted

70.12

80.72

2

Condensed Consolidated Statement of Comprehensive Income

Millions of Yen

Six months ended

Six months ended

September 30, 2020

September 30, 2021

Net income

24,491

35,246

Other comprehensive income (loss), net of tax

Items that will not be reclassified to profit or loss

Net change in fair value measurements of equity

(333)

1,985

instruments at fair value through other comprehensive

income

Items that may be subsequently reclassified to profit or loss

(1,427)

841

Exchange differences on translation of foreign operations

Total other comprehensive income (loss)

(1,760)

2,826

Total comprehensive income for the period

22,731

38,072

Comprehensive income attributable to:

Owners of the parent

22,731

38,072

Millions of Yen

Three months ended

Three months ended

September 30, 2020

September 30, 2021

Net income

13,941

15,902

Other comprehensive income (loss), net of tax

Items that will not be reclassified to profit or loss

Net change in fair value measurements of equity

(349)

1,713

instruments at fair value through other comprehensive

income

Items that may be subsequently reclassified to profit or loss

(998)

582

Exchange differences on translation of foreign operations

Total other comprehensive income (loss)

(1,347)

2,295

Total comprehensive income for the period

12,594

18,197

Comprehensive income attributable to:

Owners of the parent

12,594

18,197

3

(3) Condensed Consolidated Statement of Changes in Equity Six months ended September 30, 2020

Millions of Yen

Equity attributable to owners of the parent

Share

Share

Treasury

Retained

Other

Total

Note

components

Total

capital

premium

shares

earnings

Equity

Balance as of April 1, 2020

of equity

32,363

43,550

(4,179)

159,803

(85)

231,452

231,452

Net income

24,491

24,491

24,491

Other comprehensive income

(1,760)

(1,760)

(1,760)

(loss), net of tax

Total comprehensive income for

24,491

(1,760)

22,731

22,731

the period

Purchase of treasury shares

6

(13)

(11,732)

(11,745)

(11,745)

Disposal of treasury shares

(142)

1,357

(539)

676

676

Dividends

7

(8,135)

(8,135)

(8,135)

Share-based payments

518

518

518

Total transactions with the

363

(10,375)

(8,674)

(18,686)

(18,686)

owners

Balance as of September 30, 2020

32,363

43,913

(14,554)

175,620

(1,845)

235,497

235,497

Six months ended September 30, 2021

Millions of Yen

Equity attributable to owners of the parent

Share

Share

Treasury

Retained

Other

Total

Note

components

Total

capital

premium

shares

earnings

Equity

Balance as of April 1, 2021

of equity

32,363

44,573

(15,001)

214,858

3,576

280,369

280,369

Net income

35,246

35,246

35,246

Other comprehensive income

2,826

2,826

2,826

(loss), net of tax

Total comprehensive income for

35,246

2,826

38,072

38,072

the period

Purchase of treasury shares

6

(1)

(17,760)

(17,761)

(17,761)

Disposal of treasury shares

(978)

1,963

(468)

517

517

Cancellation of treasury shares

66

(66)

Dividends

7

(15,715)

(15,715)

(15,715)

Share-based payments

642

642

642

Other

5

5

5

Total transactions with the

(337)

(15,731)

(16,244)

(32,312)

(32,312)

owners

Balance as of September 30, 2021

32,363

44,236

(30,732)

233,860

6,402

286,129

286,129

4

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Advantest Corporation published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 05:46:16 UTC.


ę Publicnow 2021
All news about ADVANTEST CORPORATION
01/06Japan Index Loses 3%; Advantest Buys Back Shares Worth $92 Million
MT
01/06Advantest Buys Back Shares Worth $92 Million
MT
01/05ADVANTEST : President Yoshida's 2022 New Year's Address (Abridged Version)
PU
01/05Tranche Update on Advantest Corporation's Equity Buyback Plan announced on July 28, 202..
CI
2021Nikkei retreats from 1-month high as chip stocks track U.S. peers lower
RE
2021Japanese shares end lower on Omicron fears, SoftBank falls
RE
2021Japanese shares fall on Omicron concerns, SoftBank drags
RE
2021Nikkei 225 Up 2.1% on Bargain-Hunting, Tech Rally
MT
2021Japanese shares jump on bargain hunting, chip sector shines
RE
2021Japan's Nikkei gains most in nearly 7 weeks after Fed meet
RE
More news
Financials
Sales 2022 406 B 3 556 M 3 556 M
Net income 2022 84 152 M 737 M 737 M
Net cash 2022 140 B 1 227 M 1 227 M
P/E ratio 2022 24,7x
Yield 2022 1,25%
Capitalization 2 091 B 18 371 M 18 309 M
EV / Sales 2022 4,80x
EV / Sales 2023 4,23x
Nbr of Employees 4 494
Free-Float -
Chart ADVANTEST CORPORATION
Duration : Period :
Advantest Corporation Technical Analysis Chart | 6857 | JP3122400009 | MarketScreener
Technical analysis trends ADVANTEST CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 10 720,00 JPY
Average target price 11 543,50 JPY
Spread / Average Target 7,68%
EPS Revisions
Managers and Directors
Yoshiaki Yoshida Executive President, CEO & Representative Director
Koichi Tsukui Director & Chief Technology Officer
Kazuhiro Yamashita Executive Officer & GM-Technology Development
Atsushi Fujita CFO, Director & Chief Compliance Officer
Osamu Karatsu Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
ADVANTEST CORPORATION-1.65%18 371
KLA CORPORATION-2.01%67 472
TERADYNE, INC.0.64%26 826
LASERTEC CORPORATION-14.99%23 763
HANGZHOU CHANGCHUAN TECHNOLOGY CO.,LTD-13.48%4 733
TONGFU MICROELECTRONICS CO.,LTD-3.14%3 920