(All unconsolidated financial information has been prepared in accordance
with accounting principles generally accepted in Japan.)
FY2004 Selected Unconsolidated Financial Data
(Year ended March 31, 2005)
April 26, 2005
Company name : Advantest Corporation
(URL http://www.advantest.co.jp/investors/)
-------------------------------------
Stock exchanges on which shares are listed : Tokyo Stock Exchange
Stock code number : 6857
Location of head office : Tokyo Prefecture
Company representative : Toshio Maruyama, Representative Board Director,
President of Corporate Executive Officers and COO
Contact person : Hiroshi Nakamura, Manager, Accounting Department
(03) 3214-7500
Date of Board meeting to approve the
financial results : April 26, 2005
Payment of interim dividend : Yes
Expected commencement date of dividend payment : June 29, 2005
Date of general shareholders meeting : April 26, 2005
Adoption of the unit share (tangenkabu) system : Yes (each unit comprises 100 shares)
1. Results of FY2004 (April 1, 2004 through March 31, 2005)
(1) Financial Results
- ------------------------------------------------------------------------------------------------------------
Net sales Operating income Ordinary income
- ------------------------------------------------------------------------------------------------------------
Million yen % Million yen % Million yen %
FY2004 203,315 35.0 41,910 43,365 80.4
76.3
FY2003 150,558 96.3 23,776 - 24,033 -
- ------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
Ratio of
Fully diluted Return on Ratio of ordinary
Net income Net income net income equity ordinary income income to
per share per share to total assets net sales
- ---------------------------------------------------------------------------------------------------------------------
Million yen % yen yen % % %
FY2004 28,421 137.7 288.68 287.91 16.3 16.8 21.3
FY2003 11,957 - 119.97 119.73 6.5 9.4 16.0
- ---------------------------------------------------------------------------------------------------------------------
Note 1: Average number of shares outstanding was 97,750,345 shares during
FY2004 and 98,250,830 shares during FY2003.
Note 2: No changes in accounting policies have been made during these periods.
Note 3: The percentages shown for net sales, operating income, ordinary income
and net income are changes from the previous year.
(2) Dividends
- -----------------------------------------------------------------------------------------------------------------------
Annual dividend per share Total dividend Payout ratio Dividend on
paid equity
-------------------------------------------------------------------------------------
Interim Year end
- -----------------------------------------------------------------------------------------------------------------------
Yen Yen Yen Million yen % %
FY2004 50.00 25.00 25.00 4,768 16.8 3.0
FY2003 40.00 15.00 25.00 3,930 32.9 2.1
- -----------------------------------------------------------------------------------------------------------------------
(3) Financial Position
- -------------------------------------------------------------------------------------------------------------
Total assets Stockholders' equity Equity-to-assets Stockholders'
ratio equity per share
- -------------------------------------------------------------------------------------------------------------
Million yen Million yen % Yen
FY2004 238,109 159,074 66.8 1,718.95
FY2003 277,047 188,891 68.2 1,920.33
- -------------------------------------------------------------------------------------------------------------
Note 1: Number of shares outstanding at year end was 92,423,615 shares in
FY2004 and 98,275,640 shares in FY2003.
Note 2: Number of shares held as treasury stock at year end was 7,359,770
shares in FY2004 and 1,507,745 shares in FY2003.
- 23 -
(All unconsolidated financial information has been prepared in accordance
with accounting principles generally accepted in Japan.)
2. Projected Results for FY2005 (April 1, 2005 through March 31, 2006)
- ----------------------------------------------------------------------------------------------------------------------
Net sales Ordinary income Net income Annual dividend per share
- ----------------------------------------------------------------------------------------------------------------------
Interim Year end
- ----------------------------------------------------------------------------------------------------------------------
Million yen Million yen Million yen Yen Yen Yen
FY2005 Interim 95,000 19,000 12,000 25.00 - -
FY2005 205,000 44,000 28,000 25.00 50.00
- ----------------------------------------------------------------------------------------------------------------------
(Reference) Projected net income per share for the fiscal year: (Y) 302.95
Figures presented in this Earning Digest have been truncated after the million
yen.
For a discussion of the assumptions and other factors upon which these
projections are based, please refer to "Prospects for the Upcoming Fiscal Year"
appearing elsewhere in this document.
- 24 -