Advantest Corp Sp/Adr

Good afternoon. First, I'll present a summary of the financial results for this period, as shown on slide 3 of the presentation. We are pleased to report that our Q3 results exceeded our internal projections set in October, delivering a new record for quarterly sales. Thanks to demand pull-in for SoC and memory test systems serving AI-related applications, the temporary digestion we had anticipated did not occur, resulting in stronger than expected top-line performance.

The results of the third quarter exceeded our expectations at the time of October, and we announced the highest sales in the past as a quarter. Due to the demand for AI-related SOCs and memory test systems, we shifted from the adjusted area we had anticipated and landed at a level that exceeded our expectations.

Q3 operating income and net income also outperformed projections, supported by product mix improvement and only moderate increases in SG&A. given this solid performance through the first nine months period and solid visibility into q4 we are raising our full year fy 2025 guidance as follows sales of 1.07 7 trillion yen operating income of 454 billion yen net income of 328.5 billion yen and eps of 452.34 yen