Advantest Corporation operates in the Instruments to measure electricity sector. In addition to historical fundamental analyses, the complete report available to purchase compares Advantest with three other meter and gauge manufacturers in North America: MTS Systems Corporation (2020 sales of $828.59 million of which 59% was Test), Keysight Technologies Inc ($4.22 billion of which 74% was Communications Solutions Group), and Cubic Corporation ($1.48 billion of which 57% was Cubic Transportation System).

Sales Analysis. Advantest reported sales of $2.55 billion for the fiscal year ending March of 2020. This represents a very small increase of 0.1% versus 2019, when the company's sales were $2.54 billion. This was the fourth straight year of sales growth at Advantest. Sales of Other Services saw an increase that was more than double the company's growth rate: sales were up 38.2% in 2020, from $283.94 million to $392.43 million. Not all segments of Advantest experienced an increase in sales in 2020: sales of Mechatronics System fell 5.2% to $334.98 million. Advantest also experienced decreases in sales in Semiconductor and Component Test System (down 4.6% to $1.82 billion) .