Advantest : Third Mid-Term Management Plan Presentation (Slides)

Briefing on Mid-/Long-term Management Policy

The "Grand Design" (refreshed in FY2024)

and the Third Mid-term Management Plan (MTP3)

June 25, 2024

Douglas Lefever, Representative Director and Group CEO

All Rights Reserved - ADVANTEST CORPORATION

NOTE

Accounting Standards

• Our results and outlook, described in this presentation, have been prepared in accordance with IFRS.

Cautionary Statement with Respect to Forward-Looking Statements

• This presentation and any information provided orally by Advantest representatives contains "forward-looking statements" that are based on Advantest's current expectations, estimates and projections. These statements include, among other things, the discussion of Advantest's business strategy, outlook and expectations as to market and business developments, production and capacity plans. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "anticipate," "believe,""estimate," "expect," "intend," "project," "should" and similar expressions.
  Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause
  Advantest's actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements.

Use of These Materials

• The information contained in this presentation is protected under intellectual property laws, such as copyright law, patent law, trademark law and design law, and other laws and statutes of each country and various treaties. Any use (modification, copying, diversion, etc.) of this information that goes beyond that which is clearly authorized by law and statutes, and is not approved in writing by our company in advance, is forbidden.

2		All Rights Reserved - ADVANTEST CORPORATION

Contents

Global Semiconductor Revenue

• "Era of Complexity"

Megatrends and our new vision

• The Third Mid-term Management Plan
• • Four Key Strategies
  • Financial Targets

$$11 TrillionTrillion

2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032

Source : TechInsights Inc.

3		All Rights Reserved - ADVANTEST CORPORATION

MTP1&2 : Invested in ATE, Adjacent, and Global Footprint

1 Product portfolio

Data Center	Automotive	Industrial	Phone/PC
/ AI		/ IoT	/AR-VR
Cloud			Edge

HPC		V93000 Digital
Power		V93000 PAC
Device
RF		V93000 WSRF
HBM	T583X
DRAM/	T583X / T5503HS2
NVM
Image		T2000 ISS
Sensor
Display
	T6391
Driver

2 Adjacent Markets

Go

UP

Go Tester Go SLT

LeftRight

Go

Down

3 Global Footprint

>1,000

customer sites

>7,000

employees

>50

offices in 18 regions

5		All Rights Reserved - ADVANTEST CORPORATION

Customer and Market Trust

Semiconductor Tester Market Share

CY17 CY23

36% 58%

Market Capitalization

Mar. 2018	May 2024
¥400B	¥4,000B

Sales

FY17	MTP2 Results
	(FY21-23 Average)
¥207.2B	¥487.9B

Industry Leadership

The 5th Consecutive Year

Ranked the #1 Large Supplier of Chip Making Equipment

6		All Rights Reserved - ADVANTEST CORPORATION

Acceleration of "Era of Complexity" - Technology

	Memory
	Wall
	Power
IO Wall	Wall

	Interdependency
Scaling	Energy
Wall
Efficiency

Device

Complexity

Exploding

Test Complexity

3D CHIPLETS HETEROGENEOUS INTEGRATION

TEST CHALLENGE

ADVANTEST TECHNOLOGY / ASSET INVESTMENT

8		All Rights Reserved - ADVANTEST CORPORATION

Acceleration of "Era of Complexity" - Supply Chain

Semiconductor Manufacturing Equipment Billing Increase by Region (CAGR)

26.64%

11.73%		14.13%	12.62%
	8.51%			7.37%		6.06%
	5.69%				4.07% 4.43%
			1.79%
Europe	Taiwan	China	Korea	Japan	North America	ROW
-3.44%						-3.12%
			2005-20142014-2023	-7.19%			Source: SEAJ, SEMI, SEMI Japan
						Advantest Location
						◆	Regional Headquarters
						⚫	R&D / Manufacturing
						▲ Sales and Support Office
9		All Rights Reserved - ADVANTEST CORPORATION

New vision statement

Be the Most Trusted

and Valued

Test Solution Company

in the Semiconductor

Value Chain

All Rights Reserved - ADVANTEST CORPORATION