Hamamatsu Photonics (6965) Corporate presentation summary

Laser segment overview

• Laser segment includes laser diode bar modules, LCOS-SLM, solid-state and fiber lasers, and photonic crystal fiber products, serving industrial, semiconductor, quantum, medical-bio, and security markets.

• Vertically integrated development enables high-value applications such as stealth dicing, with a focus on precision and reliability.

• Key applications include semiconductor manufacturing, quantum computing, medical-bio, and security, with industrial and semiconductor uses accounting for the largest sales share.

Growth strategy and financial targets

• Sales in the laser segment are projected to grow at a 16.7% CAGR from FY2025 to FY2028, with profitability targeted for FY2028.

• Profit improvement strategies include maintaining fixed cost ratios, reviewing low-margin products, outsourcing, and manufacturing automation.

• Integration of NKT Photonics technology and expansion of production capacity are key to meeting growing demand.

Semiconductor market focus

• Advanced semiconductor trends drive demand for laser solutions in wafer dicing, edge trimming, and multi-layer stacking.

• Development of laser engines for middle-end processes and hybrid bonding supports next-generation packaging.

• Femtosecond lasers and stealth dicing engines address challenges in yield, high layer stacking, and microfabrication.