STOCK TITAN

Advantest Corporation (ADTTF) expands ADR program with 500M ADS registration

(Neutral)
(Neutral)
Form Type
F-6

Rhea-AI Filing Summary

Advantest Corporation, a Japanese company, and JPMorgan Chase Bank, N.A. as depositary are updating and expanding their American Depositary Share (ADS) program through a Form F-6 registration statement. The registration covers 500,000,000 American Depositary Shares, each ADS representing one share of Advantest common stock, with a proposed maximum aggregate offering price of $25,000,000 and an associated SEC registration fee of $3,452.50.

This registration functions as Post-Effective Amendment No. 3 to an existing Form F-6 (No. 333-13886) under Rule 429, so the same prospectus also relates to ADS previously registered under that earlier statement. The ADS terms are governed by a Second Amended and Restated Deposit Agreement, under which the ADR form serves as the prospectus and describes voting procedures, dividend collection and distribution, fees, transfer restrictions, and limitations of liability. Advantest states that it publishes required English-language information on its website to maintain its Rule 12g3-2(b) exemption from Exchange Act registration.

Positive

  • None.

Negative

  • None.

Filing Explained

On August 6, 2026, Advantest and JPMorgan filed Form F-6 to register 500,000,000 ADS, but effectiveness is delayed until a later amendment or SEC determination; this creates registration capacity, not a completed issuance. Any reduction in existing holders’ percentage ownership remains conditional on issuing additional underlying shares; the filing itself does not establish that issuance.

ADS Registered 500,000,000 American Depositary Shares Amount of ADS registered under Form F-6
Price per ADS $0.05 Proposed maximum aggregate price per unit used for fee calculation
Aggregate Offering Price $25,000,000 Proposed maximum aggregate offering price for registered ADS
SEC Registration Fee $3452.50 Registration fee associated with the Form F-6 for ADS
Registration Number 333-13886 Existing Form F-6 registration referenced for Post-Effective Amendment No. 3
Rule Rule 466 Rule under which effectiveness of the registration is proposed
American Depositary Shares financial
"American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing one share"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
American Depositary Receipt financial
"The Prospectus consists of the form of American Depositary Receipt (“ADR” or “American Depositary Receipt”)"
An American depositary receipt (ADR) is a certificate that represents shares of a foreign company traded on U.S. stock exchanges. It allows investors to buy and sell parts of a foreign company's stock easily, much like purchasing shares of a company based in their own country. ADRs make international investing more convenient and accessible for U.S. investors.
Deposit Agreement financial
"Second Amended and Restated Deposit Agreement filed as Exhibit (a)"
A deposit agreement is a written contract between a customer and a financial institution that outlines the terms for opening and maintaining a deposit account, such as a savings or checking account. It explains important details like how funds can be accessed, any fees involved, and the institution’s responsibilities. For investors, understanding this agreement is important because it clarifies their rights and the rules governing their deposited funds.
Rule 12g3-2(b) regulatory
"maintain the exemption from registration under Rule 12g3-2(b) under the Securities Exchange Act of 1934"
Post-Effective Amendment regulatory
"This Registration Statement constitutes Post-Effective Amendment No. 3 to Registration No. 333-13886"
A post-effective amendment is an official update to a securities registration document filed after that document has become effective with regulators; it corrects, adds or replaces information about the securities, the company, or an offering. Investors care because it keeps the legal record current and can change what is being sold or the rights attached to shares — like getting a revised product manual after a launch that may affect value or use.
Rule 429 regulatory
"Pursuant to Rule 429, the Prospectus contained herein also relates to the American Depositary Shares"

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FAQ

What is Advantest Corporation (ADTTF) registering in this Form F-6?

Advantest Corporation is registering 500,000,000 American Depositary Shares, each representing one share of its common stock, under a Form F-6 to support its American Depositary Receipt program with JPMorgan Chase Bank, N.A. as depositary.

How large is the Advantest (ADTTF) ADR facility in dollar terms?

The registration covers ADS with a proposed maximum aggregate offering price of $25,000,000, based on a proposed maximum aggregate price per ADS of $0.05, as stated in the registration fee table.

What SEC filing does this Advantest (ADTTF) Form F-6 amendment relate to?

The registration serves as Post-Effective Amendment No. 3 to existing Form F-6 Registration No. 333-13886, with the prospectus also relating to ADS previously registered under that earlier statement pursuant to Rule 429.

Who is the depositary bank for Advantest (ADTTF) American Depositary Shares?

The depositary for Advantest’s American Depositary Shares is JPMorgan Chase Bank, N.A., headquartered for these purposes at 270 Park Avenue, Floor 8, New York, NY 10017, as identified in the registration statement.

Where does Advantest (ADTTF) publish information to maintain its Rule 12g3-2(b) exemption?

Advantest states that it publishes English-language information required for its Rule 12g3-2(b) exemption on its Internet website at www.advantest.com or through an electronic information delivery system generally available in its primary trading market.

What document serves as the prospectus for Advantest (ADTTF) ADS holders?

The prospectus consists of the form of American Depositary Receipt (ADR) attached as Exhibit A to the Second Amended and Restated Deposit Agreement, which details voting, dividends, fees, transfer procedures, and liability limitations for ADS holders.

 

As filed with the U.S. Securities and Exchange Commission on August 6, 2026

 

Registration No. 333-

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

 

FORM F-6

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

For Depositary Shares Evidenced by American Depositary Receipts

___________________

 

Advantest Corporation

(Exact name of issuer of deposited securities as specified in its charter)

 

n/a

(Translation of issuer's name into English)

 

Japan

(Jurisdiction of incorporation or organization of issuer)

 

JPMORGAN CHASE BANK, N.A.

(Exact name of depositary as specified in its charter)

 

270 Park Avenue, Floor 8, New York, New York 10017

Telephone (800) 990-1135

(Address, including zip code, and telephone number, including area code, of depositary's principal executive offices)

____________________

 

Advantest America, Inc.

Attention: Accounting and Finance Department

3061 Zanker Rd.,

San Jose, California 95134

(408) 456-3600

(Address, including zip code, and telephone number, including area code, of agent for service)

 

Copy to:

Scott A. Ziegler, Esq.

Ziegler, Ziegler & Associates LLP

570 Lexington Avenue, Suite 2405

New York, New York 10022

(212) 319-7600

 

It is proposed that this filing become effective under Rule 466 

 ☐   immediately upon filing
 ☐   on (Date) at (Time)
     
If a separate registration statement has been filed to register the deposited shares, check the following box. ☐

 

CALCULATION OF REGISTRATION FEE

Title of each class of

Securities to be registered

Amount

to be registered

Proposed maximum aggregate price per unit (1)

Proposed maximum

aggregate offering price (2)

Amount of

registration fee

American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing one share of common stock of Advantest Corporation

500,000,000

American Depositary Shares

$0.05 $25,000,000 $3452.50
(1)Each unit represents one American Depositary Share.
(2)Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares.

 

Pursuant to Rule 429, the Prospectus contained herein also relates to the American Depositary Shares registered under Form F-6 Registration Statement No. 333-13886. This Registration Statement constitutes Post-Effective Amendment No. 3 to Registration No. 333-13886.

 

The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.

  

 

 

 

PART I

INFORMATION REQUIRED IN PROSPECTUS

 

The Prospectus consists of the form of American Depositary Receipt (“ADR” or “American Depositary Receipt”) filed as Exhibit A to the form of Second Amended and Restated Deposit Agreement filed as Exhibit (a) to this Registration Statement on Form F-6, which is incorporated herein by reference.

 

Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED

 

CROSS REFERENCE SHEET

 

 

Item Number and Caption

 

Location in Form of American Depositary

Receipt Filed Herewith as Prospectus

         
(1) Name and address of Depositary   Introductory paragraph and bottom of face of American Depositary Receipt
       
(2) Title of American Depositary Receipts and identity of deposited securities   Face of American Depositary Receipt, top center
       
  Terms of Deposit:    
       
  (i) Amount of deposited securities represented by one unit of American Depositary Shares   Face of American Depositary Receipt, upper right corner
         
  (ii) Procedure for voting the deposited securities   Paragraph (12)
         
  (iii) Procedure for collecting and distributing dividends   Paragraphs (4), (5), (7) and (10)
         
  (iv) Procedures for transmitting notices, reports and proxy soliciting material   Paragraphs (3), (8) and (12)
         
  (v) Sale or exercise of rights   Paragraphs (4), (5) and (10)
         
  (vi) Deposit or sale of securities resulting from dividends, splits or plans of reorganization   Paragraphs (4), (5), (10) and (13)
         
  (vii) Amendment, extension or termination of the Deposit Agreement   Paragraphs (16) and (17)
         
  (viii) Rights of holders of ADRs to inspect the transfer books of the Depositary and the list of holders of ADRs   Paragraph (3)
         
  (ix) Restrictions upon the right to transfer or withdraw the underlying securities   Paragraphs (1), (2), (4), and (5)
         
  (x) Limitation upon the liability of the Depositary   Paragraph (14)
         
(3) Fees and charges that a holder of ADRs may have to pay, either directly or indirectly   Paragraph (7)

 

 

 

 

Item 2. AVAILABLE INFORMATION

 

 

Item Number and Caption

 

Location in Form of American Depositary  

Receipt Filed Herewith as Prospectus

     
(a) Statement that Advantest Corporation publishes information in English required to maintain the exemption from registration under Rule 12g3-2(b) under the Securities Exchange Act of 1934 on its Internet Web site (www.advantest.com) or through an electronic information delivery system generally available to the public in its primary trading market.   Paragraph (8)

 

 

 

 

PART II

 

INFORMATION NOT REQUIRED IN PROSPECTUS

 

Item 3. EXHIBITS

 

(a)Form of Deposit Agreement. Form of Second Amended and Restated Deposit Agreement dated as of                      , 2026 among Advantest Corporation, JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), and all Holders and Beneficial Owners from time to time of ADRs issued thereunder (the "Deposit Agreement"), including the form of American Depositary Receipt. Filed herewith as Exhibit (a).

 

(b)Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. Not Applicable.

 

(c)Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. Not Applicable.

 

(d)Opinion of Ziegler, Ziegler & Associates LLP, counsel to the Depositary, as to the legality of the securities being registered. Filed herewith as Exhibit (d).

 

(e)Certification under Rule 466. Not Applicable.

 

(f)Powers of Attorney for certain officers and directors and the authorized representative of the Company. Set forth on the signature pages hereto.

 

Item 4. UNDERTAKINGS

 

(a)The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the American Depositary Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.

 

(b)If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an American Depositary Receipt thirty days before any change in the fee schedule.

  

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Act of 1933, as amended, JPMorgan Chase Bank, N.A. on behalf of the legal entity created by the Deposit Agreement, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in The City of New York, State of New York, on August 6, 2026.

  

 

Legal entity created by the form of Deposit Agreement for the issuance of ADRs evidencing American Depositary Shares

   
  By: JPMORGAN CHASE BANK, N.A., as Depositary
     
  By: /s/ Gregory A. Levendis
  Name: Gregory A. Levendis
  Title: Executive Director

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, Advantest Corporation certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, on August 6, 2026.

   

 

Advantest Corporation

     
  By: /s/ Douglas Lefever
  Name:

Douglas Lefever

  Title:

Representative Director,

Senior Executive Officer, Group CEO

 

POWERS OF ATTORNEY

 

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Douglas Lefever and Koichi Tsukui, and each of them, his or her true and lawful attorneys-in-fact and agents, each with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this Registration Statement and any and all related registration statements pursuant to Rule 462(b) of the Securities Act, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

 

Under the requirements of the Securities Act, this Registration Statement on Form F-6 has been signed by the following persons on August 6, 2026, in the capacities indicated.

 

SIGNATURES

 

Signature

 

 Title

   

/s/ Douglas Lefever

Douglas Lefever

 

Representative Director, Senior Executive Officer,

Group CEO, and duly authorized representative in the

United States (principal executive officer)

   

/s/ Koichi Tsukui

Koichi Tsukui

 

Representative Director, Senior Executive Officer,

and President, Group COO

/s/ Yoshiaki Yoshida

Yoshiaki Yoshida

 

Director, Chairperson of the Board

     

/s/ Hisako Takada

Hisako Takada

 

Senior Executive Officer, Chief Financial Officer
(principal financial and accounting officer)

   

 

 

  

 

/s/ Toshimitsu Urabe

Toshimitsu Urabe

 

Director

   

/s/ Naoto Nishida

Naoto Nishida

 

Director

   

/s/ Yuichi Kurita

Yuichi Kurita

 

Director, Standing Audit and Supervisory Committee

Member

   

/s/ Sayaka Sumida

Sayaka Sumida

 

Director, Audit and Supervisory Committee Member

   

/s/ Tomoko Nakada

Tomoko Nakada

 

 

Director, Audit and Supervisory Committee Member

  

 

 

 

 

 

INDEX TO EXHIBITS

 

Exhibit Number    
     
(a) Form of Deposit Agreement  
     
(d) Opinion of Ziegler, Ziegler & Associates LLP, counsel to the Depositary, as to the legality of the securities to be registered.