Worth reading
30Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
9.33
¥100 million (forecast consolidated operating profit for the fiscal year ending February 2027)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Summary of Q&AFull fiscal year ended February 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥100.4 hundreds of millions
Operating profit¥5.42 hundreds of millions
Full-year earnings forecast
Net Sales
¥98.29 hundreds of millions
Operating profit
¥9.33 hundreds of millions
What the company explained in this material
Key points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Reasons for the decline in revenue for the fiscal year ending February 2027 following Raicol's exclusion from the consolidated results
- Partnership with Bolite and product development for back-end semiconductor processes and optoelectronic integration
- Applications and performance of the 302nm high-power laser for quantum computers
- Progress on and applications for 6-inch p-type SiC wafers produced using the solution method
- Operating profit breakdown by company
- Semiconductor component yields, new products, contract development, and maintenance demand
- Revenue outlook for Faraday rotators for data centers
- Factors behind the early achievement of the medium-term management targets
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue from the new businesses exceeding forecastApproximately ¥1 billion
- Faraday rotators for data centersa substantial portion of revenue above forecast
- Raicol's exclusion from the consolidated results
New initiatives
- Business partnership with Taiwan-based Bolite
- Strategic partnership with Finland-based VEXLUM
- Product launch of a 302nm high-power laser light source
- Sample shipments of 6-inch p-type SiC wafers
- Expansion of the laser product lineup for quantum computers
Key KPIsA metric the company considers important as a management benchmark.
- Yield of key components100 %
- 302nm laser output500 or more
- 302nm laser lifetime10,000 or more
- SiC wafer size6 inches
Segment results
Standalone OXIDE
Operating profit
just under 12
OPC
Operating profit
approximately -3
Raicol
Operating profit
approximately -3
Medium-term management plan targets
Net Sales
¥130 hundreds of millions
Target fiscal yearFiscal year ending February 2029
Operating profit marginAim to achieve ahead of schedule
EBITDA marginAim to achieve ahead of schedule
| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | Full fiscal year ended February 2026 |
| Net Sales | ¥100.4 hundreds of millions |
| Operating profit | ¥5.42 hundreds of millions |
| Full-year earnings forecast | Net Sales ¥98.29 hundreds of millions / Operating profit ¥9.33 hundreds of millions |
| Segment results | Standalone OXIDE Operating profit just under 12 / OPC Operating profit approximately -3 / Raicol Operating profit approximately -3 |
| Breakdown of Factors Affecting the Change | Factors Revenue from the new businesses exceeding forecast / Amount Approximately ¥1 billion, Factors Faraday rotators for data centers / Amount a substantial portion of revenue above forecast, Factors Raicol's exclusion from the consolidated results / Amount Not disclosed |
| Key KPIs | Indicator name Yield of key components / Value 100 % / Year on year against the same period last year Not disclosed, Indicator name 302nm laser output / Value 500 or more / Year on year against the same period last year Not disclosed, Indicator name 302nm laser lifetime / Value 10,000 or more / Year on year against the same period last year Not disclosed, Indicator name SiC wafer size / Value 6 inches / Year on year against the same period last year Not disclosed |
| Medium-term management plan targets | Net Sales ¥130 hundreds of millions / Operating profit margin Aim to achieve ahead of schedule / EBITDA margin Aim to achieve ahead of schedule |
| Key points of the Q&A | Reasons for the decline in revenue for the fiscal year ending February 2027 following Raicol's exclusion from the consolidated results, Partnership with Bolite and product development for back-end semiconductor processes and optoelectronic integration, Applications and performance of the 302nm high-power laser for quantum computers, Progress on and applications for 6-inch p-type SiC wafers produced using the solution method, Operating profit breakdown by company, Semiconductor component yields, new products, contract development, and maintenance demand, Revenue outlook for Faraday rotators for data centers, Factors behind the early achievement of the medium-term management targets |
| New initiatives | Business partnership with Taiwan-based Bolite, Strategic partnership with Finland-based VEXLUM, Product launch of a 302nm high-power laser light source, Sample shipments of 6-inch p-type SiC wafers, Expansion of the laser product lineup for quantum computers |
Items this document does not state (20)
Ordinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / Share
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Consolidated revenue for the fiscal year ending February 2027 is expected to decline year on year because Raicol, whose shares were transferred in February 2026, has been excluded from the consolidated results and its revenue is not included in the forecast. At the same time, the company explained that standalone OXIDE is expected to grow its semiconductor and new businesses.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.