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With the Verigy integration complete, Advantest embarks on a new corporate initiative to strengthen its global position and solidify a cultural transformation
In April 2012, Advantest announced that it had completed the process integrating Verigy Ltd., acquired in July 2011, into its corporate structure. The integration also marked the start of a new corporate initiative, called ACT2014, which signifies a bold plan of action targeted at significant change by the end of FY2014, and is itself an acronym for “Advantest Culture Transformation,” an evolution to a corporate culture that embraces the values and philosophies of both Advantest and Verigy.
Advantest will take a long-term perspective in this corporate initiative and through the creation of innovation, will push ahead with the establishment of a solid foundation to achieve continuous growth.
In terms of specific targets of ACT2014, in fiscal 2014, which is the final year of the program, we are aiming to achieve sales of ¥250 billion, an operating profit margin of more than 20%, and a total share of the tester and handler market of more than 50%. Toward achieving these goals, we will pursue three measures; “strengthening the competitiveness of our core businesses,” “strengthening our tester peripherals business,” and “expansion of our new business.”
Fiscal 2014 Targets
Three growth themes
