Lasertec（6920）株式概要レーザーテック株式会社は、日本、韓国、台湾、その他アジア、米国で検査・計測機器の設計・製造・販売を行っています。 詳細6920 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長4/6過去の実績5/6財務の健全性6/6配当金0/6報酬収益は年間13.14%増加すると予測されています 過去1年間で収益は26.4%増加しました リスク分析JP市場と比較して、過去 3 か月間の株価の変動が非常に大きいすべてのリスクチェックを見る6920 Community Fair Values Create NarrativeSee what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥38.06k17.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0465b2016201920222025202620282031Revenue JP¥465.3bEarnings JP¥163.8bAdvancedSet Fair ValueView all narrativesLasertec Corporation 競合他社SCREEN HoldingsSymbol: TSE:7735Market cap: JP¥2.0tDiscoSymbol: TSE:6146Market cap: JP¥7.1tKokusai ElectricSymbol: TSE:6525Market cap: JP¥1.6tRorzeSymbol: TSE:6323Market cap: JP¥650.7b価格と性能株価の高値、安値、推移の概要Lasertec過去の株価現在の株価JP¥38,060.0052週高値JP¥46,720.0052週安値JP¥13,715.00ベータ1.741ヶ月の変化-14.51%3ヶ月変化24.22%1年変化168.12%3年間の変化68.22%5年間の変化101.16%IPOからの変化20,826.46%最新ニュースValuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥35,920, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥17,763 per share.ライブニュース • May 05Lasertec Misses Earnings Forecast as EPS Drops 25.91% and Revenue Falls ShortLasertec reported an earnings miss for the quarter ended 30 April 2026, with EPS down 25.91% versus expectations. Revenue for the quarter was below estimates by 9.51%. The stock declined 3.16% after the announcement, indicating a negative initial reaction from the market. For you as an investor, the key takeaway is that the latest quarter came in weaker than analysts had modeled on both earnings and revenue. A 25.91% drop in EPS against expectations and a 9.51% revenue shortfall suggest that either demand, pricing, costs, or a mix of these factors did not line up with prior forecasts. The 3.16% share price decline reflects that disappointment, but also shows the reaction was relatively contained rather than extreme. At the same time, commentary around Lasertec highlights strong financial fundamentals, high profitability metrics and a solid balance sheet. That combination of an earnings miss alongside references to solid financial footing points to a situation where the market is reassessing near term performance rather than reacting to signs of balance sheet stress. If you follow the stock, it is worth separating shorter term execution questions from the longer term role Lasertec aims to play in its core markets, and watching how management addresses the gap between recent results and prior expectations in upcoming updates or guidance commentary.分析記事 • May 02Lasertec Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Lasertec Corporation ( TSE:6920 ) last week released its latest quarterly, and things did not turn...Reported Earnings • May 01Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥124 (up from JP¥104 in 3Q 2025). Revenue: JP¥41.3b (up 3.5% from 3Q 2025). Net income: JP¥11.1b (up 18% from 3Q 2025). Profit margin: 27% (up from 24% in 3Q 2025). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 33% per year.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥41,560, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,547 per share.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥37,740, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,450 per share.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥35,920, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥17,763 per share.ライブニュース • May 05Lasertec Misses Earnings Forecast as EPS Drops 25.91% and Revenue Falls ShortLasertec reported an earnings miss for the quarter ended 30 April 2026, with EPS down 25.91% versus expectations. Revenue for the quarter was below estimates by 9.51%. The stock declined 3.16% after the announcement, indicating a negative initial reaction from the market. For you as an investor, the key takeaway is that the latest quarter came in weaker than analysts had modeled on both earnings and revenue. A 25.91% drop in EPS against expectations and a 9.51% revenue shortfall suggest that either demand, pricing, costs, or a mix of these factors did not line up with prior forecasts. The 3.16% share price decline reflects that disappointment, but also shows the reaction was relatively contained rather than extreme. At the same time, commentary around Lasertec highlights strong financial fundamentals, high profitability metrics and a solid balance sheet. That combination of an earnings miss alongside references to solid financial footing points to a situation where the market is reassessing near term performance rather than reacting to signs of balance sheet stress. If you follow the stock, it is worth separating shorter term execution questions from the longer term role Lasertec aims to play in its core markets, and watching how management addresses the gap between recent results and prior expectations in upcoming updates or guidance commentary.分析記事 • May 02Lasertec Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Lasertec Corporation ( TSE:6920 ) last week released its latest quarterly, and things did not turn...Reported Earnings • May 01Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥124 (up from JP¥104 in 3Q 2025). Revenue: JP¥41.3b (up 3.5% from 3Q 2025). Net income: JP¥11.1b (up 18% from 3Q 2025). Profit margin: 27% (up from 24% in 3Q 2025). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 33% per year.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥41,560, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,547 per share.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥37,740, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,450 per share.お知らせ • Mar 13Lasertec Corporation to Report Q3, 2026 Results on Apr 30, 2026Lasertec Corporation announced that they will report Q3, 2026 results on Apr 30, 2026Declared Dividend • Mar 13First half dividend of JP¥197 announcedShareholders will receive a dividend of JP¥197. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 31%.Price Target Changed • Mar 10Price target increased by 14% to JP¥35,567Up from JP¥31,313, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of JP¥34,680. Stock is up 129% over the past year. The company is forecast to post earnings per share of JP¥845 for next year compared to JP¥939 last year.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥30,060, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 37% over the past three years.分析記事 • Feb 02Lasertec Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearA week ago, Lasertec Corporation ( TSE:6920 ) came out with a strong set of half-yearly numbers that could potentially...Price Target Changed • Jan 31Price target increased by 7.2% to JP¥29,773Up from JP¥27,773, the current price target is an average from 16 analysts. New target price is 18% below last closing price of JP¥36,390. Stock is up 135% over the past year. The company is forecast to post earnings per share of JP¥832 for next year compared to JP¥939 last year.Reported Earnings • Jan 31Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥297 (down from JP¥381 in 2Q 2025). Revenue: JP¥74.1b (down 20% from 2Q 2025). Net income: JP¥26.7b (down 22% from 2Q 2025). Profit margin: 36% (down from 37% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 30+ 1 more updateLasertec Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2026Lasertec Corporation revised consolidated earnings guidance for the fiscal year ending June 30, 2026. For the year, the company now expects net sales of JPY 220,000 million against previous guidance of JPY 200,000 million; operating income of JPY 100,000 million against previous guidance of JPY 85,000 million; Net income attributable to owners of parents of JPY 72,000 million against previous guidance of JPY 60,000 million and net income per share of JPY 801.89 against previous guidance of JPY 665.27. Reason for the revision: The company has revised the full-year forecast for the fiscal year ending June 30, 2026, considering customer acceptance of some products occurring earlier than expected and the trend of foreign exchange fluctuations. The assumed exchange rate for the forecast has been revised to 145 yen/USD (the previous assumption was 135 yen/USD).分析記事 • Jan 17Lasertec Corporation's (TSE:6920) 30% Price Boost Is Out Of Tune With EarningsLasertec Corporation ( TSE:6920 ) shares have continued their recent momentum with a 30% gain in the last month alone...Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥35,900, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 46% over the past three years.分析記事 • Jan 11Here's Why We Think Lasertec (TSE:6920) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Upcoming Dividend • Dec 22Upcoming dividend of JP¥132 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 09 March 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.2%).お知らせ • Dec 12Lasertec Corporation to Report Q2, 2026 Results on Jan 30, 2026Lasertec Corporation announced that they will report Q2, 2026 results on Jan 30, 2026Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥32,200, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 29% over the past three years.分析記事 • Nov 08What Lasertec Corporation's (TSE:6920) 44% Share Price Gain Is Not Telling YouLasertec Corporation ( TSE:6920 ) shares have continued their recent momentum with a 44% gain in the last month alone...Reported Earnings • Nov 01First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥211 (up from JP¥99.02 in 1Q 2025). Revenue: JP¥54.2b (up 48% from 1Q 2025). Net income: JP¥19.1b (up 113% from 1Q 2025). Profit margin: 35% (up from 24% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 01Lasertec Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2026Lasertec Corporation provided consolidated earnings guidance for the year ending June 30, 2026. For the year, the company expects net sales of JPY 200,000 million; operating income of JPY 85,000 million; Net income attributable to owners of parents of 60,000 million and net income per share of JPY 665.75.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 37%After last week's 37% share price gain to JP¥28,575, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 39% over the past three years.分析記事 • Oct 29Should You Think About Buying Lasertec Corporation (TSE:6920) Now?Let's talk about the popular Lasertec Corporation ( TSE:6920 ). The company's shares received a lot of attention from a...分析記事 • Oct 05Lasertec (TSE:6920) Has Announced A Dividend Of ¥132.00The board of Lasertec Corporation ( TSE:6920 ) has announced that it will pay a dividend on the 9th of March, with...Declared Dividend • Oct 05Final dividend increased to JP¥132Dividend of JP¥132 is 15% higher than last year. Ex-date: 29th December 2025 Payment date: 9th March 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Sep 23Lasertec Corporation (TSE:6920) Stock Rockets 32% As Investors Are Less Pessimistic Than ExpectedLasertec Corporation ( TSE:6920 ) shares have had a really impressive month, gaining 32% after a shaky period...Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥21,210, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,583 per share.Buy Or Sell Opportunity • Sep 05Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 7.6% to JP¥15,625. The fair value is estimated to be JP¥12,510, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 2.2% per annum over the same time period.分析記事 • Aug 28Is Lasertec Corporation (TSE:6920) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Using the 2 Stage Free Cash Flow to Equity, Lasertec fair value estimate is JP¥12,339 Current share price...Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥17,390, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,378 per share.Buy Or Sell Opportunity • Aug 14Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.4% to JP¥16,070. The fair value is estimated to be JP¥13,371, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 3.2% per annum over the same time period.Reported Earnings • Aug 08Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥939 (up from JP¥655 in FY 2024). Revenue: JP¥251.5b (up 18% from FY 2024). Net income: JP¥84.7b (up 43% from FY 2024). Profit margin: 34% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 9.0%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Aug 07+ 1 more updateLasertec Corporation, Annual General Meeting, Sep 26, 2025Lasertec Corporation, Annual General Meeting, Sep 26, 2025.Buy Or Sell Opportunity • Jul 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥14,965. The fair value is estimated to be JP¥12,401, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.分析記事 • Jul 12At JP¥19,265, Is Lasertec Corporation (TSE:6920) Worth Looking At Closely?Lasertec Corporation ( TSE:6920 ) saw a significant share price rise of 84% in the past couple of months on the TSE...分析記事 • Jun 24Lasertec Corporation's (TSE:6920) Shares Climb 30% But Its Business Is Yet to Catch UpLasertec Corporation ( TSE:6920 ) shareholders have had their patience rewarded with a 30% share price jump in the last...New Risk • Jun 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥18,255, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,173 per share.Upcoming Dividend • Jun 20Upcoming dividend of JP¥173 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (1.7%).Price Target Changed • Jun 06Price target decreased by 8.6% to JP¥17,986Down from JP¥19,671, the current price target is an average from 14 analysts. New target price is 24% above last closing price of JP¥14,505. Stock is down 60% over the past year. The company is forecast to post earnings per share of JP¥859 for next year compared to JP¥655 last year.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥15,630, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,853 per share.Buy Or Sell Opportunity • May 12Now 24% overvaluedOver the last 90 days, the stock has fallen 3.1% to JP¥14,775. The fair value is estimated to be JP¥11,885, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.Reported Earnings • Apr 29Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥104 (down from JP¥214 in 3Q 2024). Revenue: JP¥39.9b (down 36% from 3Q 2024). Net income: JP¥9.38b (down 52% from 3Q 2024). Profit margin: 24% (down from 31% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥10,630, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Semiconductor industry in Japan. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,624 per share.お知らせ • Mar 26Lasertec Corporation Appoints Hiroki Miyai as Executive Officer, Effective April 1, 2025Lasertec Corporation announced the appointment of Hiroki Miyai as Executive Officer concurrently, General Manager, Technology Department 5, previously he was General Manager,Technology Department 5, Effective April 1, 2025.お知らせ • Mar 15+ 2 more updatesLasertec Corporation to Report Q3, 2025 Results on Apr 28, 2025Lasertec Corporation announced that they will report Q3, 2025 results on Apr 28, 2025Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥15,100, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,517 per share.Declared Dividend • Mar 08First half dividend of JP¥173 announcedShareholders will receive a dividend of JP¥173. Ex-date: 27th June 2025 Payment date: 29th September 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (153% cash payout ratio). The dividend has increased by an average of 42% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 01Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: JP¥381 (up from JP¥161 in 2Q 2024). Revenue: JP¥92.2b (up 93% from 2Q 2024). Net income: JP¥34.4b (up 137% from 2Q 2024). Profit margin: 37% (up from 30% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Jan 03Lasertec Corporation to Report Q2, 2025 Results on Jan 31, 2025Lasertec Corporation announced that they will report Q2, 2025 results on Jan 31, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥115 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 06 March 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).Buy Or Sell Opportunity • Dec 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to JP¥15,590. The fair value is estimated to be JP¥19,561, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Price Target Changed • Nov 09Price target decreased by 7.3% to JP¥28,731Down from JP¥30,998, the current price target is an average from 15 analysts. New target price is 43% above last closing price of JP¥20,050. Stock is down 31% over the past year. The company is forecast to post earnings per share of JP¥864 for next year compared to JP¥655 last year.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥19,840, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,493 per share.Reported Earnings • Nov 02First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥99.02 (up from JP¥85.40 in 1Q 2024). Revenue: JP¥36.7b (down 22% from 1Q 2024). Net income: JP¥8.93b (up 16% from 1Q 2024). Profit margin: 24% (up from 16% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 37%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Oct 30Now 25% overvaluedOver the last 90 days, the stock has fallen 7.9% to JP¥23,340. The fair value is estimated to be JP¥18,718, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥21,350, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,684 per share.Declared Dividend • Oct 10Final dividend of JP¥115 announcedShareholders will receive a dividend of JP¥115. Ex-date: 27th December 2024 Payment date: 6th March 2025 Dividend yield will be 1.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 61% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 03Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥655 (up from JP¥512 in FY 2023). Revenue: JP¥213.5b (up 40% from FY 2023). Net income: JP¥59.1b (up 28% from FY 2023). Profit margin: 28% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Board Change • Oct 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Takashi Yuri was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 24Lasertec Releases SICA108, SiC Wafer Inspection and Review SystemLasertec Corporation announced the release of SICA108, the latest model of its SiC wafer inspection and review systems. Featuring both surface and photoluminescence (PL) inspection capabilities in one body, SICA108 enables customers to concurrently perform high-speed inspection and high-accuracy classification of surface defects as well as crystallographic defects. SiC power devices are used in a variety of applications, including electric vehicles, air conditioners, solar cells, and railway cars, and facilitate the realization of a carbon-neutral society. However, SiC wafer production processes are technically demanding, and there are still many defects that impact device yields. It therefore remains a challenge to manufacture high-quality SiC wafers stably at a lower cost. Lasertec has released SICA108 to help overcome this challenge. Renewing the inspection optics from SICA88, the current de facto standard tool widely used among many customers, SICA108 provides higher throughput and improved performance in quality analysis of SiC wafers with a lower cost of ownership. Like its predecessor, SICA108 performs surface inspection for detecting scratches, crystal defects, and particles on the wafer surface and PL inspection for detecting basal plane dislocations (BPD) inside Epi layers and stacking faults (SF), concurrently and with high sensitivity. It also features a high-accuracy defect classification capability based on proprietary deep learning algorithm to enable the early detection and analysis of killer defects. It is also compatible with various automation systems used in smart fabs, such as automatic guided vehicles (AGV) and overhead hoist transports (OHT). Lasertec will continue to pursue the development of defect inspection technologies to address customer needs and contribute to the improvement of power device quality and productivity. Features: Concurrent inspection of surface defects and BPD/SF at high speed and with high sensitivity. Detailed classification of various defect types using high-accuracy Automatic Defect Classification (ADC) and high-resolution review images. Compatible with various automation systems, including AGV and OHT. Applications: Incoming and outgoing inspection of SiC bare wafers and SiC Epi wafers. Monitoring of SiC epitaxial growth processes. Monitoring of SiC polishing processes. Management of SiC device manufacturing processes.Valuation Update With 7 Day Price Move • Sep 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥23,735, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,023 per share.Reported Earnings • Aug 08Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥655 (up from JP¥512 in FY 2023). Revenue: JP¥213.5b (up 40% from FY 2023). Net income: JP¥59.1b (up 28% from FY 2023). Profit margin: 28% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥19,375, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 8.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,162 per share.Upcoming Dividend • Jun 20Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.1%).Valuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥34,520, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥14,677 per share.New Risk • May 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). High level of non-cash earnings (46% accrual ratio).Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥42,390, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 142% over the past three years.お知らせ • May 03Lasertec Corporation Announces Chief Executive Officer Changes, as of July 1, 2024Lasertec Corporation announced that it has resolved at the board of directors meeting held on April 30, 2024 to make changes in its representative directors and executive officers as follows (as of July 1, 2024): Osamu Okabayashi: Previous position: Representative Director, President & Chief Executive Officer; New position: Representative Director, Chairman & Executive Officer. Tetsuya Sendoda: Previous position: Director, Vice President & Executive Officer concurrently, Chief Sales Officer; New position: Chief Executive Officer. Resume of New Representative Director: Tetsuya Sendoda (April 26, 1977); Career Summary: Jan. 2008, Joined Lasertec Corporation; June 2020, General Manager, Technology Department 2; July 2022, Sales Officer; General Manager, Technology Department 2; and General Manager, Solution Sales Department 1; Sept. 2022 Executive Officer; Sales Officer; General Manager, Technology Department 2; and General Manager, Solution Sales Department 1; April 2023 Executive Officer; Sales Officer; and General Manager, Solution Sales Department 1; Sept. 2023 Director, Vice President & Executive Officer (current); and Chief Sales Officer (current).Reported Earnings • May 01Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥214 (up from JP¥79.11 in 3Q 2023). Revenue: JP¥62.2b (up 156% from 3Q 2023). Net income: JP¥19.3b (up 171% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) also surpassed analyst estimates by 62%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥34,350, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥15,037 per share.お知らせ • Mar 08+ 2 more updatesLasertec Corporation to Report Q1, 2025 Results on Oct 31, 2024Lasertec Corporation announced that they will report Q1, 2025 results on Oct 31, 2024お知らせ • Feb 11Lasertec Corporation to Report Q3, 2024 Results on Apr 30, 2024Lasertec Corporation announced that they will report Q3, 2024 results on Apr 30, 2024株主還元6920JP SemiconductorJP 市場7D-6.2%-6.5%-3.1%1Y168.1%215.2%38.2%株主還元を見る業界別リターン: 6920過去 1 年間で215.2 % の収益を上げたJP Semiconductor業界を下回りました。リターン対市場: 6920過去 1 年間で38.2 % の収益を上げたJP市場を上回りました。価格変動Is 6920's price volatile compared to industry and market?6920 volatility6920 Average Weekly Movement9.7%Semiconductor Industry Average Movement9.5%Market Average Movement5.0%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 6920の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 6920の weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19601,163Tetsuya Sendodawww.lasertec.co.jpレーザーテックは、日本、韓国、台湾、その他アジア、米国で検査・計測装置の設計・製造・販売を行っている。半導体関連製品として、アクチニックEUVマスク検査装置、EUVマスクブランクス検査・レビュー装置、マスク検査装置、マスクブランクス検査・レビュー装置、EUVペリクル検査装置、EUVマスク裏面検査・クリーニング装置、マスクエッジ検査装置、位相シフト・透過率測定装置、位相シフト測定装置；SiCウエハ検査・レビュー装置、GaNウエハ検査・レビュー装置、高感度下地欠陥検査・レビュー装置、多波長ウエハ検査装置、高感度ウエハエッジ検査装置、ウエハエッジ寸法測定装置、ビアデプス測定装置、TSV裏面研削プロセス測定装置、全自動ウエハ測定装置。また、FPD用フォトマスク検査装置、CLIOS用ペリクル検査・ペリクル実装装置、FPD用マスクブランクス検査装置、レーザー顕微鏡、電気化学反応可視化コンフォーカルシステム、超高温in-situ観察コンフォーカルレーザー顕微鏡などの顕微鏡も提供している。旧社名はNJS株式会社で、1986年にレーザーテック株式会社に社名変更した。レーザーテック株式会社は1960年に設立され、横浜に本社を置く。もっと見るLasertec Corporation 基礎のまとめLasertec の収益と売上を時価総額と比較するとどうか。6920 基礎統計学時価総額JP¥3.41t収益（TTM）JP¥88.78b売上高(TTM)JP¥252.18b38.4xPER（株価収益率13.5xP/Sレシオ6920 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6920 損益計算書（TTM）収益JP¥252.18b売上原価JP¥101.31b売上総利益JP¥150.87bその他の費用JP¥62.09b収益JP¥88.78b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）990.52グロス・マージン59.83%純利益率35.21%有利子負債／自己資本比率0%6920 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.9%現在の配当利回り35%配当性向6920 配当は確実ですか？6920 配当履歴とベンチマークを見る6920 、いつまでに購入すれば配当金を受け取れますか？Lasertec 配当日配当落ち日Jun 29 2026配当支払日Sep 29 2026配当落ちまでの日数38 days配当支払日までの日数130 days6920 配当は確実ですか？6920 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 03:22終値2026/05/21 00:00収益2026/03/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Lasertec Corporation 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。30 アナリスト機関Warren LauAletheia Analyst Network LimitedStacy RasgonBernsteinHao DaiBernstein27 その他のアナリストを表示
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥35,920, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥17,763 per share.
ライブニュース • May 05Lasertec Misses Earnings Forecast as EPS Drops 25.91% and Revenue Falls ShortLasertec reported an earnings miss for the quarter ended 30 April 2026, with EPS down 25.91% versus expectations. Revenue for the quarter was below estimates by 9.51%. The stock declined 3.16% after the announcement, indicating a negative initial reaction from the market. For you as an investor, the key takeaway is that the latest quarter came in weaker than analysts had modeled on both earnings and revenue. A 25.91% drop in EPS against expectations and a 9.51% revenue shortfall suggest that either demand, pricing, costs, or a mix of these factors did not line up with prior forecasts. The 3.16% share price decline reflects that disappointment, but also shows the reaction was relatively contained rather than extreme. At the same time, commentary around Lasertec highlights strong financial fundamentals, high profitability metrics and a solid balance sheet. That combination of an earnings miss alongside references to solid financial footing points to a situation where the market is reassessing near term performance rather than reacting to signs of balance sheet stress. If you follow the stock, it is worth separating shorter term execution questions from the longer term role Lasertec aims to play in its core markets, and watching how management addresses the gap between recent results and prior expectations in upcoming updates or guidance commentary.
分析記事 • May 02Lasertec Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Lasertec Corporation ( TSE:6920 ) last week released its latest quarterly, and things did not turn...
Reported Earnings • May 01Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥124 (up from JP¥104 in 3Q 2025). Revenue: JP¥41.3b (up 3.5% from 3Q 2025). Net income: JP¥11.1b (up 18% from 3Q 2025). Profit margin: 27% (up from 24% in 3Q 2025). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 33% per year.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥41,560, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,547 per share.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥37,740, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,450 per share.
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥35,920, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥17,763 per share.
ライブニュース • May 05Lasertec Misses Earnings Forecast as EPS Drops 25.91% and Revenue Falls ShortLasertec reported an earnings miss for the quarter ended 30 April 2026, with EPS down 25.91% versus expectations. Revenue for the quarter was below estimates by 9.51%. The stock declined 3.16% after the announcement, indicating a negative initial reaction from the market. For you as an investor, the key takeaway is that the latest quarter came in weaker than analysts had modeled on both earnings and revenue. A 25.91% drop in EPS against expectations and a 9.51% revenue shortfall suggest that either demand, pricing, costs, or a mix of these factors did not line up with prior forecasts. The 3.16% share price decline reflects that disappointment, but also shows the reaction was relatively contained rather than extreme. At the same time, commentary around Lasertec highlights strong financial fundamentals, high profitability metrics and a solid balance sheet. That combination of an earnings miss alongside references to solid financial footing points to a situation where the market is reassessing near term performance rather than reacting to signs of balance sheet stress. If you follow the stock, it is worth separating shorter term execution questions from the longer term role Lasertec aims to play in its core markets, and watching how management addresses the gap between recent results and prior expectations in upcoming updates or guidance commentary.
分析記事 • May 02Lasertec Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Lasertec Corporation ( TSE:6920 ) last week released its latest quarterly, and things did not turn...
Reported Earnings • May 01Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥124 (up from JP¥104 in 3Q 2025). Revenue: JP¥41.3b (up 3.5% from 3Q 2025). Net income: JP¥11.1b (up 18% from 3Q 2025). Profit margin: 27% (up from 24% in 3Q 2025). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 33% per year.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥41,560, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,547 per share.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥37,740, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,450 per share.
お知らせ • Mar 13Lasertec Corporation to Report Q3, 2026 Results on Apr 30, 2026Lasertec Corporation announced that they will report Q3, 2026 results on Apr 30, 2026
Declared Dividend • Mar 13First half dividend of JP¥197 announcedShareholders will receive a dividend of JP¥197. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 31%.
Price Target Changed • Mar 10Price target increased by 14% to JP¥35,567Up from JP¥31,313, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of JP¥34,680. Stock is up 129% over the past year. The company is forecast to post earnings per share of JP¥845 for next year compared to JP¥939 last year.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥30,060, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 37% over the past three years.
分析記事 • Feb 02Lasertec Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearA week ago, Lasertec Corporation ( TSE:6920 ) came out with a strong set of half-yearly numbers that could potentially...
Price Target Changed • Jan 31Price target increased by 7.2% to JP¥29,773Up from JP¥27,773, the current price target is an average from 16 analysts. New target price is 18% below last closing price of JP¥36,390. Stock is up 135% over the past year. The company is forecast to post earnings per share of JP¥832 for next year compared to JP¥939 last year.
Reported Earnings • Jan 31Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥297 (down from JP¥381 in 2Q 2025). Revenue: JP¥74.1b (down 20% from 2Q 2025). Net income: JP¥26.7b (down 22% from 2Q 2025). Profit margin: 36% (down from 37% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 30+ 1 more updateLasertec Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2026Lasertec Corporation revised consolidated earnings guidance for the fiscal year ending June 30, 2026. For the year, the company now expects net sales of JPY 220,000 million against previous guidance of JPY 200,000 million; operating income of JPY 100,000 million against previous guidance of JPY 85,000 million; Net income attributable to owners of parents of JPY 72,000 million against previous guidance of JPY 60,000 million and net income per share of JPY 801.89 against previous guidance of JPY 665.27. Reason for the revision: The company has revised the full-year forecast for the fiscal year ending June 30, 2026, considering customer acceptance of some products occurring earlier than expected and the trend of foreign exchange fluctuations. The assumed exchange rate for the forecast has been revised to 145 yen/USD (the previous assumption was 135 yen/USD).
分析記事 • Jan 17Lasertec Corporation's (TSE:6920) 30% Price Boost Is Out Of Tune With EarningsLasertec Corporation ( TSE:6920 ) shares have continued their recent momentum with a 30% gain in the last month alone...
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥35,900, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 46% over the past three years.
分析記事 • Jan 11Here's Why We Think Lasertec (TSE:6920) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥132 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 09 March 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.2%).
お知らせ • Dec 12Lasertec Corporation to Report Q2, 2026 Results on Jan 30, 2026Lasertec Corporation announced that they will report Q2, 2026 results on Jan 30, 2026
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥32,200, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 29% over the past three years.
分析記事 • Nov 08What Lasertec Corporation's (TSE:6920) 44% Share Price Gain Is Not Telling YouLasertec Corporation ( TSE:6920 ) shares have continued their recent momentum with a 44% gain in the last month alone...
Reported Earnings • Nov 01First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥211 (up from JP¥99.02 in 1Q 2025). Revenue: JP¥54.2b (up 48% from 1Q 2025). Net income: JP¥19.1b (up 113% from 1Q 2025). Profit margin: 35% (up from 24% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 01Lasertec Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2026Lasertec Corporation provided consolidated earnings guidance for the year ending June 30, 2026. For the year, the company expects net sales of JPY 200,000 million; operating income of JPY 85,000 million; Net income attributable to owners of parents of 60,000 million and net income per share of JPY 665.75.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 37%After last week's 37% share price gain to JP¥28,575, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 39% over the past three years.
分析記事 • Oct 29Should You Think About Buying Lasertec Corporation (TSE:6920) Now?Let's talk about the popular Lasertec Corporation ( TSE:6920 ). The company's shares received a lot of attention from a...
分析記事 • Oct 05Lasertec (TSE:6920) Has Announced A Dividend Of ¥132.00The board of Lasertec Corporation ( TSE:6920 ) has announced that it will pay a dividend on the 9th of March, with...
Declared Dividend • Oct 05Final dividend increased to JP¥132Dividend of JP¥132 is 15% higher than last year. Ex-date: 29th December 2025 Payment date: 9th March 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Sep 23Lasertec Corporation (TSE:6920) Stock Rockets 32% As Investors Are Less Pessimistic Than ExpectedLasertec Corporation ( TSE:6920 ) shares have had a really impressive month, gaining 32% after a shaky period...
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥21,210, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,583 per share.
Buy Or Sell Opportunity • Sep 05Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 7.6% to JP¥15,625. The fair value is estimated to be JP¥12,510, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 2.2% per annum over the same time period.
分析記事 • Aug 28Is Lasertec Corporation (TSE:6920) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Using the 2 Stage Free Cash Flow to Equity, Lasertec fair value estimate is JP¥12,339 Current share price...
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥17,390, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,378 per share.
Buy Or Sell Opportunity • Aug 14Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.4% to JP¥16,070. The fair value is estimated to be JP¥13,371, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 3.2% per annum over the same time period.
Reported Earnings • Aug 08Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥939 (up from JP¥655 in FY 2024). Revenue: JP¥251.5b (up 18% from FY 2024). Net income: JP¥84.7b (up 43% from FY 2024). Profit margin: 34% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 9.0%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Aug 07+ 1 more updateLasertec Corporation, Annual General Meeting, Sep 26, 2025Lasertec Corporation, Annual General Meeting, Sep 26, 2025.
Buy Or Sell Opportunity • Jul 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥14,965. The fair value is estimated to be JP¥12,401, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.
分析記事 • Jul 12At JP¥19,265, Is Lasertec Corporation (TSE:6920) Worth Looking At Closely?Lasertec Corporation ( TSE:6920 ) saw a significant share price rise of 84% in the past couple of months on the TSE...
分析記事 • Jun 24Lasertec Corporation's (TSE:6920) Shares Climb 30% But Its Business Is Yet to Catch UpLasertec Corporation ( TSE:6920 ) shareholders have had their patience rewarded with a 30% share price jump in the last...
New Risk • Jun 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥18,255, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,173 per share.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥173 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (1.7%).
Price Target Changed • Jun 06Price target decreased by 8.6% to JP¥17,986Down from JP¥19,671, the current price target is an average from 14 analysts. New target price is 24% above last closing price of JP¥14,505. Stock is down 60% over the past year. The company is forecast to post earnings per share of JP¥859 for next year compared to JP¥655 last year.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥15,630, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,853 per share.
Buy Or Sell Opportunity • May 12Now 24% overvaluedOver the last 90 days, the stock has fallen 3.1% to JP¥14,775. The fair value is estimated to be JP¥11,885, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.
Reported Earnings • Apr 29Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥104 (down from JP¥214 in 3Q 2024). Revenue: JP¥39.9b (down 36% from 3Q 2024). Net income: JP¥9.38b (down 52% from 3Q 2024). Profit margin: 24% (down from 31% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥10,630, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Semiconductor industry in Japan. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,624 per share.
お知らせ • Mar 26Lasertec Corporation Appoints Hiroki Miyai as Executive Officer, Effective April 1, 2025Lasertec Corporation announced the appointment of Hiroki Miyai as Executive Officer concurrently, General Manager, Technology Department 5, previously he was General Manager,Technology Department 5, Effective April 1, 2025.
お知らせ • Mar 15+ 2 more updatesLasertec Corporation to Report Q3, 2025 Results on Apr 28, 2025Lasertec Corporation announced that they will report Q3, 2025 results on Apr 28, 2025
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥15,100, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,517 per share.
Declared Dividend • Mar 08First half dividend of JP¥173 announcedShareholders will receive a dividend of JP¥173. Ex-date: 27th June 2025 Payment date: 29th September 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (153% cash payout ratio). The dividend has increased by an average of 42% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 01Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: JP¥381 (up from JP¥161 in 2Q 2024). Revenue: JP¥92.2b (up 93% from 2Q 2024). Net income: JP¥34.4b (up 137% from 2Q 2024). Profit margin: 37% (up from 30% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Jan 03Lasertec Corporation to Report Q2, 2025 Results on Jan 31, 2025Lasertec Corporation announced that they will report Q2, 2025 results on Jan 31, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥115 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 06 March 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
Buy Or Sell Opportunity • Dec 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to JP¥15,590. The fair value is estimated to be JP¥19,561, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Price Target Changed • Nov 09Price target decreased by 7.3% to JP¥28,731Down from JP¥30,998, the current price target is an average from 15 analysts. New target price is 43% above last closing price of JP¥20,050. Stock is down 31% over the past year. The company is forecast to post earnings per share of JP¥864 for next year compared to JP¥655 last year.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥19,840, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,493 per share.
Reported Earnings • Nov 02First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥99.02 (up from JP¥85.40 in 1Q 2024). Revenue: JP¥36.7b (down 22% from 1Q 2024). Net income: JP¥8.93b (up 16% from 1Q 2024). Profit margin: 24% (up from 16% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 37%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Oct 30Now 25% overvaluedOver the last 90 days, the stock has fallen 7.9% to JP¥23,340. The fair value is estimated to be JP¥18,718, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥21,350, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,684 per share.
Declared Dividend • Oct 10Final dividend of JP¥115 announcedShareholders will receive a dividend of JP¥115. Ex-date: 27th December 2024 Payment date: 6th March 2025 Dividend yield will be 1.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 61% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 03Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥655 (up from JP¥512 in FY 2023). Revenue: JP¥213.5b (up 40% from FY 2023). Net income: JP¥59.1b (up 28% from FY 2023). Profit margin: 28% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Board Change • Oct 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Takashi Yuri was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 24Lasertec Releases SICA108, SiC Wafer Inspection and Review SystemLasertec Corporation announced the release of SICA108, the latest model of its SiC wafer inspection and review systems. Featuring both surface and photoluminescence (PL) inspection capabilities in one body, SICA108 enables customers to concurrently perform high-speed inspection and high-accuracy classification of surface defects as well as crystallographic defects. SiC power devices are used in a variety of applications, including electric vehicles, air conditioners, solar cells, and railway cars, and facilitate the realization of a carbon-neutral society. However, SiC wafer production processes are technically demanding, and there are still many defects that impact device yields. It therefore remains a challenge to manufacture high-quality SiC wafers stably at a lower cost. Lasertec has released SICA108 to help overcome this challenge. Renewing the inspection optics from SICA88, the current de facto standard tool widely used among many customers, SICA108 provides higher throughput and improved performance in quality analysis of SiC wafers with a lower cost of ownership. Like its predecessor, SICA108 performs surface inspection for detecting scratches, crystal defects, and particles on the wafer surface and PL inspection for detecting basal plane dislocations (BPD) inside Epi layers and stacking faults (SF), concurrently and with high sensitivity. It also features a high-accuracy defect classification capability based on proprietary deep learning algorithm to enable the early detection and analysis of killer defects. It is also compatible with various automation systems used in smart fabs, such as automatic guided vehicles (AGV) and overhead hoist transports (OHT). Lasertec will continue to pursue the development of defect inspection technologies to address customer needs and contribute to the improvement of power device quality and productivity. Features: Concurrent inspection of surface defects and BPD/SF at high speed and with high sensitivity. Detailed classification of various defect types using high-accuracy Automatic Defect Classification (ADC) and high-resolution review images. Compatible with various automation systems, including AGV and OHT. Applications: Incoming and outgoing inspection of SiC bare wafers and SiC Epi wafers. Monitoring of SiC epitaxial growth processes. Monitoring of SiC polishing processes. Management of SiC device manufacturing processes.
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥23,735, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,023 per share.
Reported Earnings • Aug 08Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥655 (up from JP¥512 in FY 2023). Revenue: JP¥213.5b (up 40% from FY 2023). Net income: JP¥59.1b (up 28% from FY 2023). Profit margin: 28% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥19,375, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 8.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,162 per share.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.1%).
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥34,520, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥14,677 per share.
New Risk • May 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). High level of non-cash earnings (46% accrual ratio).
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥42,390, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 142% over the past three years.
お知らせ • May 03Lasertec Corporation Announces Chief Executive Officer Changes, as of July 1, 2024Lasertec Corporation announced that it has resolved at the board of directors meeting held on April 30, 2024 to make changes in its representative directors and executive officers as follows (as of July 1, 2024): Osamu Okabayashi: Previous position: Representative Director, President & Chief Executive Officer; New position: Representative Director, Chairman & Executive Officer. Tetsuya Sendoda: Previous position: Director, Vice President & Executive Officer concurrently, Chief Sales Officer; New position: Chief Executive Officer. Resume of New Representative Director: Tetsuya Sendoda (April 26, 1977); Career Summary: Jan. 2008, Joined Lasertec Corporation; June 2020, General Manager, Technology Department 2; July 2022, Sales Officer; General Manager, Technology Department 2; and General Manager, Solution Sales Department 1; Sept. 2022 Executive Officer; Sales Officer; General Manager, Technology Department 2; and General Manager, Solution Sales Department 1; April 2023 Executive Officer; Sales Officer; and General Manager, Solution Sales Department 1; Sept. 2023 Director, Vice President & Executive Officer (current); and Chief Sales Officer (current).
Reported Earnings • May 01Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥214 (up from JP¥79.11 in 3Q 2023). Revenue: JP¥62.2b (up 156% from 3Q 2023). Net income: JP¥19.3b (up 171% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) also surpassed analyst estimates by 62%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥34,350, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥15,037 per share.
お知らせ • Mar 08+ 2 more updatesLasertec Corporation to Report Q1, 2025 Results on Oct 31, 2024Lasertec Corporation announced that they will report Q1, 2025 results on Oct 31, 2024
お知らせ • Feb 11Lasertec Corporation to Report Q3, 2024 Results on Apr 30, 2024Lasertec Corporation announced that they will report Q3, 2024 results on Apr 30, 2024
