Key Developments: Advantest Corp (6857.T)

6857.T on Tokyo Stock Exchange

29 Aug 2014
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Latest Key Developments (Source: Significant Developments)

R&I Downgrades Rating on ADVANTEST CORP from "A" to "A-"; Rating Outlook Stable
Wednesday, 13 Mar 2013 02:00am EDT 

Rating and Investment Information, Inc. (R&I) announced that it has downgraded the rating on ADVANTEST CORP from "A" to "A-". The rating outlook is stable.  Full Article

ADVANTEST CORP to Merge with Subsidiary; Lowers Consolidated Full-year Outlook for FY 2013
Wednesday, 30 Jan 2013 01:00am EST 

ADVANTEST CORP announced that it has decided to merge with a wholly owned subsidiary, Advantest Systems Corporation, which is engaged in software development, effective April 1, 2013. After this, the Company will be the surviving company and the subsidiary will be dissolved. The Company also announced that it has lowered the consolidated full-year outlook for revenue for revenue from JPY 140,000~160,000 million to JPY 132,000 million and operating profit from JPY 6,000 million ~ JPY 16,000 million to JPY 2,500 million for the fiscal year ending March 31, 2013. The negative outlook is mainly due to the low market demand.  Full Article

ADVANTEST CORP Lowers Full-year Consolidated Outlook for FY 2013
Thursday, 25 Oct 2012 02:00am EDT 

ADVANTEST CORP announced that it has lowered its full-year consolidated outlook for revenue from JPY 150,000 million-JPY 170,000 million to JPY 140,000 million-JPY 160,000 million, operating profit from JPY 12,000 million-JPY 20,000 million to JPY 6,000 million-JPY 16,000 million, for the fiscal year ending March 31, 2013. The Company lowered its full-year consolidated outlook mainly due to the decrease in sales of personal computers and facility investments.  Full Article

Advantest Corporation Establishes New Subsidiary Cloud Testing Service, Inc.
Monday, 1 Oct 2012 09:51pm EDT 

Advantest Corporation announced that it has established a new subsidiary to conduct sales of its CloudTesting Service, which provides test solutions utilizing IT and cloud computing technology. The new subsidiary was incorporated on October 1, 2012, and officially launched sales of CloudTesting Service. Advantest has established Cloud Testing Service, Inc. as a new subsidiary to underline the paradigmatic nature of this shift from the existing model of semiconductor test equipment manufacturing and sales to a new business model anchored in internet-based commerce.  Full Article

Nikkei rises after S&P hits fresh high; Fanuc surges on strong earnings

* Index heavy Fanuc contributes 27 points, or more than a quarter of Nikkei gains * Advantest dives on worse-than-expected profits * For the week, Nikkei has risen 1.0 pct By Ayai Tomisawa TOKYO, July 25 - Japan's Nikkei share average rose on Friday after the S&P 500 set another record closing high and as index heavyweight Fanuc Corp jumped after reporting strong profits. The Nikkei rose 0.6 percent to 15,377.00 points by mid-morning, after falling 0.3 percent on t

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