Japan's Advantest hikes annual profit forecast by 21.4%
28/01/2026 06:54
TOKYO, Jan 28 (Reuters) - Japan's Advantest 6857.T on Wednesday hiked its operating profit by 21.4% to 454 billion yen ($2.98 billion) for the financial year ending March 2026 as spending on artificial intelligence drives demand for its chip-testing equipment. Advantest booked record sales during the October-December quarter and reported that operating profit jumped 64% to 113.6 billion yen compared to the same period a year earlier. ($1 = 152.6000 yen) (Reporting by Sam Nussey; Editing by Mrigank Dhaniwala) ((sam.nussey@tr.com;))
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