Growing demand for R&D and working capital and financing risk
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: 2026-06-24.
QD Laser moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2025: 16 of 29 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- 2026-06-24RestatedManagement plan
「Demand for funds for working capital, R&D investment, capital investment and other purposes is expected to increase.」
The company reconfirmed the funding needs associated with working capital, R&D investment and capital investment, as well as the securing of financing methods including long-term borrowings, commitment lines and overdrafts, as risks and responses. - FY2026MaterialisedAnnual report
「The company decided to obtain an unsecured and unguaranteed ¥710.000 million loan from Resona Bank, Limited, and has raised ¥330.000 million through borrowing in March 2026 and ¥380.000 million in April 2026.」
The company decided to obtain ¥710.000 million in financing to purchase crystal growth equipment, drew down ¥330.000 million, and borrowed the remaining ¥380.000 million the following month. Funding needs and external financing were realized. - FY2022RestatedAnnual report
「Working capital, research and development investment, capital investment and other funding needs are expected to increase as the business progresses.」
The filing reiterates the risks associated with increasing working capital, research and development and capital investment needs as the business progresses, and the impact of earnings and financing conditions. - FY2021First statedAnnual report
「Working capital, research and development investment, capital investment and other funding needs are expected to increase as the business progresses.」
The company identifies as risks the increase in funding needs as the business progresses and the impact on its financial position of its ability to secure earnings and financing.