QD Laser, Inc. (6613) Stock Price

Market cap
¥57.7B
P/E ratio
-129.5x
QD Laser develops semiconductor lasers and retinal projection displays, serving optical communications and vision assistance markets with quantum dot technology.

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Business Overview

QD Laser develops, manufactures, and sells products utilizing laser technology. The company operates two main business segments: the Laser Device business and the Visual Information Device business. The Laser Device business designs and manufactures semiconductor lasers, while the Visual Information Device business provides products using laser retinal projection technology.

In the Laser Device business, the company leverages semiconductor crystal growth technology to develop quantum dot lasers and compact modules. These products are used in optical communications, precision machining, and various sensor applications. Notably, quantum dot lasers feature stable operation even in high-temperature environments and are gaining attention as light sources for silicon photonics.

In the Visual Information Device business, the company develops retinal scanning laser eyewear, glasses-type displays, and non-glasses-type retinal projection products. These products are used for vision correction and information support applications, particularly contributing to vision assistance for elderly people and those with visual impairments. Representative products include "RETISSA Display II" and "RETISSA ON HAND."

QD Laser's technology employs quantum dots in the active layer of semiconductor lasers to enhance temperature stability, making evaluation and adjustment easier compared to conventional technology. Additionally, the retinal projection technology using VISIRIUM Technology enables the delivery of clear images unaffected by vision or focal position. This opens potential applications in medical and entertainment sectors.

Management Policy

QD Laser aims to enrich the lives of people worldwide through semiconductor laser technology. Under the philosophy "Illuminate human potential," the company is advancing innovative product development and market expansion. The company places particular emphasis on developing industry-leading new products and establishing stable mass production to improve customer satisfaction.

In its medium-term management plan through March 2027, QD Laser targets company-wide profitability. In the laser device business, the company plans to grow sales of DFB lasers and compact visible lasers by 20-25% annually. Additionally, the company is entering new markets by leveraging quantum dot technology. In the visual information device business, the company is pursuing growth in smart glasses and vision healthcare applications.

QD Laser employs a fabless manufacturing model, reducing fixed costs while achieving flexible production capabilities. This enables the company to respond to demand fluctuations while delivering high-quality products. The company also develops lasers across a wide range of wavelengths and mass-produces products for diverse applications.

The company is deploying quantum dot laser mass production technology to silicon photonics to reduce costs for high-speed optical devices. Furthermore, through module business expansion, the company addresses demand for Plug & Play products. This shortens product development timelines for researchers and inspection equipment manufacturers.

As a final product initiative, the company is developing consumer products using retinal projection technology. The RETISSA series is used for vision correction and information support applications, particularly contributing to vision assistance for elderly people and those with visual impairments. The company will continue developing products that showcase the potential of light technology.

The company is also expanding its business through joint ventures, pursuing revenue generation in smart glasses and vision healthcare fields. Through partnerships with other companies, the company complements necessary funding and expertise for product commercialization, accelerating business growth.

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