Advantest Corporation - Consolidated (FY2004)
(Segment Information)
1. Business Segment Information
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FY2003 FY2004
(April 1, 2003 Percentage (%) (April 1, 2004 Percentage (%)
through through
March 31, 2004) March 31, 2005)
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Amount (million) Percentage (%) Amount (million) Percentage (%)
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Semi-Conductor Net sales to unaffiliated customers 119,765 97.0 173,938 96.3
and Components Intersegment sales 3,724 3.0 6,747 3.7
Test system ----------------------------------------------------------------------------------------------------------
Net sales 123,489 100.0 180,685 100.0
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Operating expenses 94,799 76.8 131,243 72.6
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Operating income (loss) 28,690 23.2 49,442 27.4
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Expenditures for additions to long-lived assets 1,457 2,431
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Depreciation and amortization 3,676 3,225
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Total assets 118,838 86,104
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Mechatronics Net sales to unaffiliated customers 33,988 99.3 45,821 98.8
System Intersegment sales 237 0.7 574 1.2
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Net sales 34,225 100.0 46,395 100.0
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Operating expenses 22,992 67.2 33,044 71.2
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Operating income (loss) 11,233 32.8 13,351 28.8
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Expenditures for additions to long-lived assets 913 654
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Depreciation and amortization 1,144 1,220
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Total assets 29,191 22,587
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Services, Net sales to unaffiliated customers 20,465 100.0 19,680 100.0
Support and Intersegment sales - - - -
Others ----------------------------------------------------------------------------------------------------------
Net sales 20,465 100.0 19,680 100.0
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Operating expenses 23,052 112.6 14,787 75.1
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Operating income (loss) (2,587) (12.6) 4,893 24.9
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Expenditures for additions to long-lived assets 3,161 5,709
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Depreciation and amortization 3,627 3,361
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Total assets 17,472 16,197
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Elimination Net sales to unaffiliated customers - - - -
and Corporate Intersegment sales (3,961) 100.0 (7,321) 100.0
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Net sales (3,961) 100.0 (7,321) 100.0
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Operating expenses 2,415 - 674 -
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Operating income (loss) (6,376) - (7,996) -
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Expenditures for additions to long-lived assets 90 554
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Depreciation and amortization 881 479
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Total assets 165,307 171,881
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Consolidated Net sales to unaffiliated customers 174,218 100.0 239,439 100.0
Intersegment sales - - - -
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Net sales 174,218 100.0 239,439 100.0
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Operating expenses 143,258 82.2 179,747 75.1
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Operating income (loss) 30,960 17.8 59,692 24.9
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Expenditures for additions to long-lived assets 5,621 9,348
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Depreciation and amortization 9,328 8,285
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Total assets 330,808 296,769
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(Note) 1. Advantest Corporation restructured two reporting segments of
'Automated Test Equipment' and 'Measuring Instruments' into
three segments of 'Semi-Conductor and Component Test System'
'Mechatronics System' and 'Services, Support and others.'
Therefore, necessary adjustments and reclassification to the
segment information for the preceding consolidated interim
period and preceding consolidated fiscal year have been made
to conform with the presentation of the current consolidated
interim period.
2. Adjustments included in Corporate mainly consist of research
and development expenses for basic research activities, which
are not allocated to corporate general administrative expenses
and segment by business sector.
3. The operating profit in the business segment information for
this fiscal year and in the consolidated income statement do
not match with the operating income in the consolidated income
statement as the business segment information does not include
the temporary profit of (Y)3,317 and the stock option cost of
(Y)2,290. Profit and loss from these are not included in
management's analysis of results.
4. Total assets included in Corporate consist of cash and cash
equivalents, assets for general corporate use and assets for
general corporate use and assets used for fundamental research
activities, which are not allocated to reportable segments.
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2. Geographic Segment Information
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FY2003 FY2004
(April 1, 2003 Percentage (%) (April 1, 2004 Percentage (%)
through through
March 31, 2004) March 31, 2005)
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Net Sales to Unaffiliated Customers Amount (million) Percentage (%) Amount (million) Percentage (%)
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Americas 16,264 9.3 23,024 9.6
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Europe 10,401 6.0 12,270 5.1
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Asia 89,563 51.4 144,120 60.2
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Overseas total 116,228 66.7 179,414 74.9
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Japan 57,990 33.3 60,025 25.1
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Consolidated 174,218 100.0 239,439 100.0
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(Cautionary Statement Regarding the Presentation of Notes)
In order to enable timely disclosure of business results, certain notes have
been omitted.
These notes will be presented as a "Supplement to the Earnings Release" as soon
as they become available.
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