Advantest (6857) Investor Update summary

Strategic Context and Industry Trends

• The semiconductor industry is experiencing increased complexity due to technological breakthroughs, sustainability demands, and geopolitical risks, with AI, automotive, and industrial applications driving demand.

• Global semiconductor revenue is projected to reach $1 trillion, fueled by secular growth in AI, EV, and edge computing.

• The company has expanded its global presence, serving over 1,000 customer sites with more than 7,000 employees in 18 regions.

Achievements and Market Position

• Market share increased from 36% in 2017 to 58% in 2023, with sales revenue multiplying 2.4 times and market cap rising tenfold.

• Recognized as the market leader in customer satisfaction and as the #1 large supplier of chip-making equipment for five consecutive years.

• Expanded into system-level test interfaces, sockets, data infrastructure, and adjacent businesses.

Vision and Management Plan

• The new vision is to become the most trusted and valued test solution company in the semiconductor value chain.

• The refreshed "Grand Design" extends the 10-year management policy to adapt to rapid industry changes and sustainability demands.

• The mission is to enable leading-edge technologies and contribute to a safe, secure, and sustainable society through semiconductor testing.