Advantest Corporation (ATE), a manufacturer of automatic test equipment, Wednesday reported income before taxes of 163.192 billion yen for the 9 months ended December 31, 2024, significantly higher than 59.567 billion yen in the comparable period last year, primarily helped by growth in sales.
Net income increased to 121.210 billion yen or 163.72 yen per share from 47.143 billion yen or 63.71 yen per share a year ago.
Operating income rose to 164.126 billion yen from 62.099 billion yen last year.
Sales for the 9-month period grew to 547.358 billion yen from 350.744 billion yen in the previous year.
Looking ahead, the company has raised its annual outlook. It now expects full-year sales to be 740 billion yen and net income of 167.5 billion yen. Previously the company was expecting sales of 640 billion yen and net income of 122 billion yen for the year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.