
Advantest’s stronger AI-driven outlook lifted Japan chip shares and helped the Nikkei 225 end a two-session slide, even as broader earnings updates from Tokyo-listed companies pointed to widening profit strength.
Advantest raised its consolidated forecast for the fiscal year ending March 2027, lifting net profit guidance to ¥660 billion from ¥465.5 billion and operating profit guidance to ¥846 billion from ¥627.5 billion as demand for AI semiconductor testing outpaced assumptions. The chip test equipment maker also increased its 2026 semiconductor test equipment market estimate by about 19% to $13 billion-$14.5 billion and said it would urgently expand production capacity as inference AI and DRAM testing demand exceeded expectations. April-June 2026 net profit rose 93.8% year on year to a record ¥174.8 billion. The upgraded outlook helped drive Advantest shares up more than 10% and supported gains in other semiconductor and technology names, contributing to a 0.71% rise in the Nikkei 225 to 61,867, while SoftBank Group, Mitsubishi UFJ, Toyota Motor and Fast Retailing lagged. The update came amid a broader wave of strong first-quarter results and forecast increases from Tokyo-listed companies including Hitachi, NEC and Nomura Holdings ahead of a July 30 reporting peak.