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Hamamatsu Photonics K.K. (6965) · FactGrowth driven by demand for generative AI and data servers coexisted with declines in some products.

Expansion of Light Sources for Nondestructive Testing, Semiconductor Equipment and Precision Bonding

First written in FY2017-Q2. 9 of 27 entries say "Restated". Latest entry: FY2026-H1.

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ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2018OtherFY2022-Q2 – FY2024-Q1WorsenedFY2024-Q2 – FY2025-H12017: 220172018: 320182019: 320192020: 420202021: 320212022: 420222023: 320232024: 220242025: 120252026: 22026
Same theme, other companies
Expansion of industrial light sources for nondestructive testing and semiconductor equipmentA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2026-H1Growth driven by demand for generative AI and data servers coexisted with declines in some products.Annual report

    「Sales of deuterium lamps for analytical equipment, including liquid chromatographs, declined, but sales of photomultiplier tubes and xenon lamps for semiconductor manufacturing and inspection equipment increased as semiconductor demand expanded, led by generative AI. In addition, sales of microfocus X-ray sources for nondestructive inspection equipment increased because of growing demand for substrate inspection for data servers.」

    As semiconductor demand expanded, led by generative AI, photomultiplier tubes and xenon lamps for semiconductor manufacturing and inspection increased, while microfocus X-ray sources also increased on demand for substrate inspection for data servers. Deuterium lamps for analytical equipment declined.
  2. 2026-05-14MitigatedRevision to earnings forecasts

    「In response to expanding semiconductor demand, particularly for generative AI, sales of photomultiplier tubes and xenon lamps for semiconductor manufacturing and inspection equipment increased. In addition, sales of microfocus X-ray sources for non-destructive inspection equipment increased due to higher demand for board inspection for data servers.」

    Demand increased for semiconductor manufacturing and inspection equipment and for board inspection for data servers, improving conditions for related products whose sales had previously been declining.
  3. FY2025-H1WorsenedAnnual report

    「In the industrial field, sales of microfocus X-ray sources for nondestructive inspection equipment declined for automotive battery and substrate inspection, among other applications, as the EV market stagnated.」

    Microfocus X-ray sources for automotive battery and substrate inspection declined as the EV market stagnated. The trend has shifted from growth driven by expanding EV production to a decline caused by stagnant demand.
  4. FY2024-Q2WorsenedAnnual report

    「Sales of photomultiplier tubes for academic applications, including high-energy physics experiments, increased in the academic field. However, in the industrial field, sales of photomultiplier tubes for semiconductor manufacturing inspection equipment declined. Sales of deuterium lamps for analytical equipment, including liquid chromatographs, also declined due to stagnant demand for pharmaceutical ingredient analysis and other applications.」

    Academic applications increased, while the decline in photomultiplier tubes for semiconductor manufacturing and inspection equipment continued, and deuterium lamps for pharmaceutical ingredient analysis also declined amid stagnant demand.
  5. FY2024-Q1Photomultiplier tubes for semiconductor inspection declined.Annual report

    「In the industrial field, photomultiplier tubes for semiconductor manufacturing and inspection equipment declined.」

    For semiconductor-related demand, which had been reported as growing through the previous fiscal year, a decline in photomultiplier tubes for semiconductor manufacturing and inspection equipment was reported this quarter.
  6. FY2023-Q3Declines in some semiconductor-related products coexisted with growth in X-ray sources and light sources.Annual report

    「Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, declined. However, in the industrial field, sales of microfocus X-ray sources for nondestructive testing increased for applications including automotive battery and circuit board inspection as EV production expanded. Sales of light sources for semiconductor lithography and inspection equipment also increased, despite customer inventory adjustments following a sharp reaction to the surge in demand associated with the easing of COVID-19, supported by the impact of strong orders through the previous fiscal year.」

    Stealth dicing engines declined, while X-ray sources for EV-related nondestructive testing and light sources for semiconductor exposure and inspection equipment increased. Customer inventory adjustments are under way for semiconductor light sources, but strong orders from prior fiscal years supported sales.
  7. FY2023-Q2Growth in X-ray sources and semiconductor light sources coexisted with a decline in stealth dicing engines.Annual report

    「Although sales of stealth dicing engines, photomultiplier tubes for semiconductor inspection equipment and light sources declined amid a global slowdown in semiconductor demand, sales of microfocus X-ray sources for nondestructive testing increased, mainly in Asia, for automotive battery inspection, substrate inspection and other applications as EV production expanded.」

    Stealth dicing engines and other products declined because of the slowdown in semiconductor demand, while X-ray sources for EV-related nondestructive testing increased, mainly in Asia. Deuterium lamps for analytical equipment also increased, mainly in Europe and the United States.
  8. FY2023-Q1Growth in X-ray sources and semiconductor light sources coexisted with a decline in stealth dicing engines.Annual report

    「Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, and academic applications including high-energy physics experiments declined. However, in the industrial field, sales of microfocus X-ray sources for nondestructive inspection equipment increased, as did sales of light sources for semiconductor manufacturing and inspection equipment.」

    Microfocus X-ray sources for nondestructive testing and light sources for semiconductor manufacturing and inspection equipment increased, while stealth dicing engines declined, indicating divergent trends by product.
  9. FY2022RestatedAnnual report

    「In the industrial field, sales of microfocus X-ray sources for nondestructive testing increased, mainly in Asia, for automotive battery inspection, substrate inspection and other applications, as EV production expanded and global 5G adoption spread. Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, and photomultiplier tubes and light sources for semiconductor inspection equipment also increased, supported by brisk global semiconductor capital investment.」

    Full-year growth continued in X-ray sources for nondestructive testing, stealth dicing engines, and light sources and photomultiplier tubes for semiconductor inspection, with EVs, 5G and semiconductor capital investment reconfirmed as demand drivers.
  10. FY2022-Q3RestatedAnnual report

    「As EV production expanded and global 5G adoption spread, sales of microfocus X-ray sources for nondestructive testing increased, mainly in Asia, for automotive battery inspection and substrate inspection. Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, and light sources for semiconductor wafer inspection equipment also increased, supported by brisk global semiconductor capital investment.」

    Growth continued in X-ray sources for nondestructive testing, stealth dicing engines and light sources for semiconductor wafer inspection equipment, with 5G, EVs and global semiconductor capital investment reconfirmed as demand drivers.
  11. FY2022-Q2RestatedAnnual report

    「In the industrial field, as EV production expanded and global 5G adoption spread, sales of microfocus X-ray sources for nondestructive testing increased, mainly in Asia, for automotive battery inspection and substrate inspection. Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, and light sources for semiconductor wafer inspection equipment also increased, supported by brisk global semiconductor capital investment.」

    Growth in X-ray sources for nondestructive testing, stealth dicing engines and light sources for semiconductor wafer inspection equipment has continued, with 5G, EVs and global semiconductor capital investment reconfirmed as demand drivers.
  12. FY2022-Q1AdvancedAnnual report

    「As global 5G adoption and EV production expanded, sales of microfocus X-ray sources for nondestructive testing increased, mainly in Asia, for substrate inspection and automotive battery inspection. Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, and light sources for semiconductor wafer inspection equipment also increased, supported by growth in the semiconductor market.」

    Growth continued in X-ray sources for nondestructive testing, stealth dicing engines and light sources for semiconductor wafer inspection equipment. The specific demand drivers and applications identified this time were 5G adoption, increased EV production, and substrate and automotive battery inspection in Asia.
  13. FY2021-Q3RestatedAnnual report

    「In the industrial field, sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, and light sources for semiconductor wafer inspection equipment increased as the semiconductor market recovered. Sales of microfocus X-ray sources for nondestructive testing also increased, mainly in Asia, for substrate inspection and automotive battery inspection.」

    Growth in stealth dicing engines, light sources for semiconductor wafer inspection and microfocus X-ray sources for nondestructive testing has continued. The recovery of the semiconductor market and demand for substrate and automotive battery inspection in Asia were reported as the underlying factors.
  14. FY2021-Q2AdvancedAnnual report

    「In the industrial field, sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, and light sources for semiconductor wafer inspection equipment increased as the semiconductor market recovered. Sales of microfocus X-ray sources for nondestructive testing also increased, mainly in Asia, for substrate inspection and automotive battery inspection.」

    Stealth dicing engines, light sources for semiconductor wafer inspection equipment and microfocus X-ray sources for nondestructive testing increased, with the recovery of the semiconductor market and demand for substrate and automotive battery inspection in Asia reported as factors.
  15. FY2021-Q1AdvancedAnnual report

    「In the industrial field, sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, increased. Sales of xenon lamps for semiconductor inspection equipment and microfocus X-ray sources for nondestructive inspection equipment also increased.」

    Sales growth was reported for 3 products: stealth dicing engines, xenon lamps for semiconductor inspection and microfocus X-ray sources for nondestructive testing.
  16. FY2020WorsenedAnnual report

    「Sales declined, as sales of stealth dicing engines fell and sales of deuterium lamps used for environmental analysis and other applications declined, mainly in Asia, during the second half.」

    In addition to the decline in stealth dicing engines, sales of deuterium lamps for environmental analysis also declined, mainly in Asia, during the second half, confirming full-year weakness across key products.
  17. FY2020-Q3Growth in light sources for environmental analysis coexisted with a decline in stealth dicing engines.Annual report

    「Sales of light sources for environmental analysis increased in response to growing demand in China. However, in the industrial field, sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, declined because of the impact of restrained capital investment resulting from the prolonged US-China trade dispute.」

    Light sources for environmental analysis in China increased, while stealth dicing engine sales declined because of restrained capital investment resulting from the prolonged US-China trade dispute.
  18. FY2020-Q2WorsenedAnnual report

    「However, in the industrial field, sales of microfocus X-ray sources for nondestructive testing remained firm for battery inspection, but declined for substrate inspection because of restrained capital investment resulting from the prolonged US-China trade dispute. For the same reason, sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, also declined.」

    X-ray sources for battery inspection remained firm, while X-ray sources for substrate inspection and stealth dicing engines declined because of restrained capital investment resulting from the prolonged US-China trade dispute.
  19. FY2020-Q1WorsenedAnnual report

    「In the industrial field, the effects of China's economic slowdown and restrained capital investment continued. Sales of microfocus X-ray sources for nondestructive inspection equipment rose only slightly. Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, declined. In addition, sales of UV-LED light sources declined as a result of restrained capital investment.」

    The effects of China's economic and capital investment slowdowns continued. X-ray sources for nondestructive testing posted only slight growth, while stealth dicing engines and UV-LED light sources declined, with weakness spreading across key products.
  20. FY2019-Q3Key products grew despite the impact of China's economic slowdown.Annual report

    「In the industrial field, the business was affected by China's economic slowdown and slower capital investment, but sales of microfocus X-ray sources for nondestructive testing increased, mainly for battery inspection. Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, also increased. In addition, sales of light sources for environmental analysis, including deuterium lamps, remained firm.」

    While the impact of China's economic and capital investment slowdowns was reported, microfocus X-ray sources for battery inspection, stealth dicing engines and light sources for environmental analysis either increased or remained firm.
  21. FY2019-Q2RestatedAnnual report

    「Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, also increased. In addition, sales of light sources for environmental analysis, including deuterium lamps, remained firm.」

    Growth in stealth dicing engine sales and firm performance of light sources for environmental analysis have continued. Microfocus X-ray sources for nondestructive testing have also performed strongly in Japan and overseas.
  22. FY2019-Q1AdvancedAnnual report

    「In the industrial field, sales of microfocus X-ray sources for nondestructive inspection equipment increased. Sales of stealth dicing engines, which cut silicon wafers at high speed and with high quality, also increased.」

    Growth in microfocus X-ray sources for nondestructive testing continued, while increased sales of stealth dicing engines in the semiconductor-related business emerged as a new factor.
  23. FY2018RestatedAnnual report

    「In the industrial field, sales increased, including strong sales of microfocus X-ray sources for nondestructive testing.」

    Strong full-year performance of microfocus X-ray sources for nondestructive testing, valued for their high resolution, reliability and stability, was confirmed. Sales of light sources for semiconductor inspection equipment also increased.
  24. FY2018-Q3RestatedAnnual report

    「In the industrial field, sales of microfocus X-ray sources for X-ray nondestructive testing remained strong in Japan and overseas, as their high resolution, reliability and stability were highly regarded.」

    Strong performance of microfocus X-ray sources for nondestructive testing has continued in Japan and overseas, supported by their high resolution, reliability and stability.
  25. FY2018-Q2RestatedAnnual report

    「In the industrial field, sales of microfocus X-ray sources for X-ray nondestructive testing remained strong in Japan and overseas, as their high resolution, reliability and stability were highly regarded.」

    Strong performance of microfocus X-ray sources for nondestructive testing has continued in Japan and overseas.
  26. FY2017-Q3RestatedAnnual report

    「Sales of microfocus X-ray sources for X-ray nondestructive testing remained strong, mainly overseas. In addition, xenon lamps for semiconductor inspection equipment remained firm, supported by brisk semiconductor capital investment in Asia. Sales of UV spot light sources for high-precision bonding of precision instruments also remained strong.」

    Each light-source product for nondestructive testing overseas, semiconductor capital investment in Asia and precision bonding has continued to perform strongly.
  27. FY2017-Q2First statedAnnual report

    「In the industrial field, sales of microfocus X-ray sources for X-ray nondestructive testing remained strong, mainly overseas. In addition, xenon lamps for semiconductor inspection equipment remained firm, supported by brisk semiconductor capital investment in Asia. Sales of UV spot light sources for high-precision bonding of precision instruments also remained strong.」

    Multiple light-source products for nondestructive testing overseas, semiconductor capital investment in Asia and precision bonding remained strong.
Moved together

"Expansion of Image Measurement Equipment Through High-Resolution, High-Sensitivity Products" moved the same way as this thread, in the same document, in 6 of its 27 moves.

664444★123456
  1. ★This thread
  2. 1Expansion of Image Measurement Equipment Through High-Resolution, High-Sensitivity Products6×
  3. 2Declines in operating profit, ordinary profit and net income despite a slight increase in revenue6×
  4. 3Securing Revenue and Profit4×
  5. 4Expansion of photosemiconductors for medical, automotive, and baggage inspection applications4×
  6. 5Revenue and Profit Declines in Other Businesses4×
  7. 6Inventory adjustments in digital cameras due to delays in customers' new product releases4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Expansion of Light Sources for Nondestructive Testing, Semiconductor Equipment and Precision Bonding | HAMAMATSU PHOTONICS K.K. (6965) | Komori