Worth reading
61In focus
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
98
¥ millions (difference from the medium-term plan for net sales in the fiscal year ending March 2027)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales-5.0%
基準 1,948Target1,850million
Operating profit-57.1%
基準 7Target3million
Net income for the current fiscal year
基準 0Target441million
Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
What happened to the previous planSales 1,314 / Operating profit -382 / Ordinary profit -385 / Net income -387 → Sales 1,372 / Operating profit -326 / Ordinary profit -305 / Net income -357+4.4%Calculated from the two disclosed figures
Total investment plan¥6,428 million (funds raised through the IPO and the stock acquisition rights financing)
Investment amount by sectorField Manufacturing costs for mass production in the Laser and Optical Solutions business / Amount ¥1,342 million / Allocated ¥964 million, Field Development costs for the Laser and Optical Solutions business / Amount ¥63 million / Allocated ¥18 million, Field Working capital for personnel expenses, rent, intellectual property expenses and other costs of the Laser and Optical Solutions business and headquarters / Amount ¥1,528 million / Allocated ¥1,360 million allocated, Field Expansion of production capacity in the Laser Device business / Amount ¥2,927 million / Allocated ¥2,474 million, Field Personnel expenses / Amount ¥175 million / Allocated ¥175 million, Field Advertising expenses / Amount ¥100 million / Allocated ¥57 million, Field M&A and capital and business alliance investments / Amount ¥300 million / Allocated ¥0 million
Key initiatives
01Expansion of certified products, strengthening of the production system and development of new products
02Establishment of a mass-production system, additional MBE equipment and research into larger wafer diameters
03Building and expanding stable earnings through the B2B business
04Capturing growth through business cooperation with TDK
05Expansion into businesses other than those listed above through M&A and other means
06Expansion of Production Capacity
07Securing long-term funding
08Achieving both growth and stability
09Continued growth in the Laser Device business
10Stabilization of earnings in the Laser and Optical Solutions business, centered on the B2B business
Plan assumptionsReference: JPY/USD = ¥150, Market size and CAGR based on forecasts in individual market research reports
Segment targetSegment Laser Device Business Division / Net Sales ¥1.41 billion / Operating profit ¥290 million, Segment Laser and Optical Solutions Business Division / Net Sales ¥430 million / Operating profit +¥3 million
Size of the Target MarketMarket Semiconductor metrology and inspection / Magnitude Approximately ¥2.5 trillion / Source Global Market Insights, “Semiconductor Metrology and Inspection Market, 2035 Report” (March 2026), Market Laser processing and precision processing / Magnitude Approximately ¥5.5 trillion / Source Fortune Business Insights, “Laser Processing Market Size, Share, Growth Report, 2034” (2026), Market Flow cytometry / Magnitude Approximately ¥1.1 trillion / Source Precedence Research, “Flow Cytometry Market Size, Share and Trends 2026 to 2035” (January 2026), Market Fluorescence microscopy / Magnitude ¥141 billion / Source MAK Data Insights, “Global Fluorescence Microscopy Market” (January 2026), Market Machine Vision / Magnitude Approximately ¥1.26 trillion / Source Precedence Research, “Machine Vision Market Size, Share and Trends 2026 to 2035” (April 2026), Market Laser levels / Magnitude ¥550 billion / Source Globe Newswire, “Trends & Strategies Shaping the $3.67 Billion Construction Lasers Market, 2026-2030” (January 2026), Market Particle counters / Magnitude ¥163.5 billion / Source Fortune Business Insights, “Particle Counter Market Size, Share, Growth & Trends, 2034” (2026), Market LiDAR / Magnitude Approximately ¥1.9 trillion / Source Precedence Research, “LIDAR Market Size to Hit USD 17.80 Billion by 2035” (February 2026), Market Optical wiring and optical circuits / Magnitude Approximately ¥6.3 trillion / Source Market Research Future, “Photonic Integrated Circuit Market Size, Share | Report [2035]” (April 2026), Market AI glasses / Magnitude Approximately ¥1.26 trillion / Source InsightAce Analytic, “AI Smart Glasses Market Updated Research Report 2026” (January 2026), Market XR / Magnitude Approximately ¥3.7 trillion / Source Mordor Intelligence, “Extended Reality (XR) Market Size, Trends & Share Analysis, 2026-2031” (January 2026)
Risks identified by the company
Economic trends
Deterioration in the financial condition of manufacturing subcontractors, quality incidents and other matters
Cash management, financing and other matters
Sales of retinal projection products
Reason for revision or withdrawal
Initiatives aimed at strengthening a stable management base and achieving growth. Pursuing both the establishment of a stable management base and a push for significant growth.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Vision (Fiscal 2027–Fiscal 2029) / Business Plan for the Fiscal Year Ending March 2027 |
| Plan period | Fiscal 2027–Fiscal 2029 |
| Progress against the plan | Formulated |
| Sales Target | ¥1,948 million → ¥1,850 million |
| Operating profit target | ¥7 million → ¥3 million |
| Net income target | ¥0 million → ¥441 million |
| Total investment plan | ¥6,428 million (funds raised through the IPO and the stock acquisition rights financing) |
| Investment amount by sector | Field Manufacturing costs for mass production in the Laser and Optical Solutions business / Amount ¥1,342 million / Allocated ¥964 million, Field Development costs for the Laser and Optical Solutions business / Amount ¥63 million / Allocated ¥18 million, Field Working capital for personnel expenses, rent, intellectual property expenses and other costs of the Laser and Optical Solutions business and headquarters / Amount ¥1,528 million / Allocated ¥1,360 million allocated, Field Expansion of production capacity in the Laser Device business / Amount ¥2,927 million / Allocated ¥2,474 million, Field Personnel expenses / Amount ¥175 million / Allocated ¥175 million, Field Advertising expenses / Amount ¥100 million / Allocated ¥57 million, Field M&A and capital and business alliance investments / Amount ¥300 million / Allocated ¥0 million |
| Segment target | Segment Laser Device Business Division / Net Sales ¥1.41 billion / Operating profit ¥290 million, Segment Laser and Optical Solutions Business Division / Net Sales ¥430 million / Operating profit +¥3 million |
| Plan assumptions | Reference: JPY/USD = ¥150, Market size and CAGR based on forecasts in individual market research reports |
| Key initiatives | Expansion of certified products, strengthening of the production system and development of new products, Establishment of a mass-production system, additional MBE equipment and research into larger wafer diameters, Building and expanding stable earnings through the B2B business, Capturing growth through business cooperation with TDK, Expansion into businesses other than those listed above through M&A and other means, Expansion of Production Capacity, Securing long-term funding, Achieving both growth and stability, Continued growth in the Laser Device business, Stabilization of earnings in the Laser and Optical Solutions business, centered on the B2B business |
| Results under the previous plan | Sales 1,314 / Operating profit -382 / Ordinary profit -385 / Net income -387 → Sales 1,372 / Operating profit -326 / Ordinary profit -305 / Net income -357 |
| Reason for revision or withdrawal | Initiatives aimed at strengthening a stable management base and achieving growth. Pursuing both the establishment of a stable management base and a push for significant growth. |
| Size of the Target Market | Market Semiconductor metrology and inspection / Magnitude Approximately ¥2.5 trillion / Source Global Market Insights, “Semiconductor Metrology and Inspection Market, 2035 Report” (March 2026), Market Laser processing and precision processing / Magnitude Approximately ¥5.5 trillion / Source Fortune Business Insights, “Laser Processing Market Size, Share, Growth Report, 2034” (2026), Market Flow cytometry / Magnitude Approximately ¥1.1 trillion / Source Precedence Research, “Flow Cytometry Market Size, Share and Trends 2026 to 2035” (January 2026), Market Fluorescence microscopy / Magnitude ¥141 billion / Source MAK Data Insights, “Global Fluorescence Microscopy Market” (January 2026), Market Machine Vision / Magnitude Approximately ¥1.26 trillion / Source Precedence Research, “Machine Vision Market Size, Share and Trends 2026 to 2035” (April 2026), Market Laser levels / Magnitude ¥550 billion / Source Globe Newswire, “Trends & Strategies Shaping the $3.67 Billion Construction Lasers Market, 2026-2030” (January 2026), Market Particle counters / Magnitude ¥163.5 billion / Source Fortune Business Insights, “Particle Counter Market Size, Share, Growth & Trends, 2034” (2026), Market LiDAR / Magnitude Approximately ¥1.9 trillion / Source Precedence Research, “LIDAR Market Size to Hit USD 17.80 Billion by 2035” (February 2026), Market Optical wiring and optical circuits / Magnitude Approximately ¥6.3 trillion / Source Market Research Future, “Photonic Integrated Circuit Market Size, Share | Report [2035]” (April 2026), Market AI glasses / Magnitude Approximately ¥1.26 trillion / Source InsightAce Analytic, “AI Smart Glasses Market Updated Research Report 2026” (January 2026), Market XR / Magnitude Approximately ¥3.7 trillion / Source Mordor Intelligence, “Extended Reality (XR) Market Size, Trends & Share Analysis, 2026-2031” (January 2026) |
| Risks identified | Economic trends, Deterioration in the financial condition of manufacturing subcontractors, quality incidents and other matters, Cash management, financing and other matters, Sales of retinal projection products |
| Publication date | November 2026 (date not specified) |
Items this document does not state (9)
Operating profit margin targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceNon-financial targetsDate of board resolution
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.To achieve both continued growth in the Laser Device business and stable earnings in the Laser and Optical Solutions business, with the aim of strengthening a stable management base and achieving growth.
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.