6613
QD Laser, Inc.
株式会社QDレーザ
Electric Appliances
QD Laser, Inc. offers semiconductor laser-based solutions in Japan. It operates through two segments, Laser Device Business and Laser Eyewear Business. The company's products include semiconductor lasers/epitaxial wafers; and RETISSA display II, RD2CAM, RETISSA medical, and medical device products. Its products are used in silicon photonics, VISIRIUM technology, sensing, and precision machining applications. The company offers its solutions to customers in various fields, such as telecommunications, manufacturing, medicine, and consumer products. In addition, it manufactures and sells retinal scanning laser eyewear, as well as offers RETISSA ON HAND, a hand-held device; RETISSA NEOVIEWER, a digital camera and viewfinder; and RETISSA MEOCHECK, a compact device that applies laser retinal projection to enable self-checking of eye health conditions. The company was incorporated in 2006 and is headquartered in Kawasaki, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥1.4B
¥1.3B
¥1.2B
¥1.2B
¥1.1B
Cost of Sales
—
¥865M
¥928M
¥809M
¥1.2B
Gross Profit
—
¥444M
¥319M
¥350M
¥-59M
SG&A
—
¥890M
¥923M
¥907M
¥872M
Operating Income
¥-326M
¥-446M
¥-604M
¥-557M
¥-932M
Non-Operating Income
—
¥11M
¥33M
¥30M
¥72M
Interest Income
—
¥6M
¥0M
¥0M
¥0M
Non-Operating Expenses
—
¥9M
¥30M
¥21M
¥34M
Interest Expense
—
¥0M
¥0M
¥1M
¥2M
Ordinary Income
¥-305M
¥-444M
¥-601M
¥-547M
¥-894M
Pre-tax Income
—
¥-444M
¥-639M
¥-547M
¥-877M
Income Taxes
—
¥2M
¥4M
¥3M
¥4M
Current Tax
—
¥4M
¥4M
¥4M
¥4M
Deferred Tax
—
¥-2M
¥-0M
¥-1M
¥-0M
Net Income (owners)
¥-357M
¥-446M
¥-643M
¥-550M
¥-881M
EBITDA
—
¥-347M
¥-509M
¥-489M
¥-881M
EPS
¥-8.55
¥-10.68
¥-15.44
¥-15.16
¥-25.17
Shares Outstanding
—
41.8M
41.8M
38.5M
35.8M
Shares Issued (total)
—
41.8M
41.8M
38.5M
35.8M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥5.6B
¥5.5B
¥6.1B
¥4.9B
¥4.0B
Current Assets
—
¥4.6B
¥5.8B
¥4.6B
¥3.7B
Cash & Deposits
—
¥3.8B
¥4.8B
¥3.6B
¥2.8B
Trade Receivables
—
¥315M
¥332M
¥380M
¥283M
Non-Current Assets
—
¥951M
¥384M
¥301M
¥289M
PP&E
—
¥283M
¥352M
¥267M
¥254M
Intangible Assets
—
¥5M
¥5M
¥7M
¥9M
Total Liabilities
—
¥287M
¥479M
¥479M
¥435M
Current Liabilities
—
¥256M
¥445M
¥436M
¥383M
ST Debt
—
—
¥8M
¥8M
¥91M
Taxes Payable
—
¥4M
¥4M
¥32M
¥26M
Non-Current Liabilities
—
¥31M
¥34M
¥42M
¥51M
Total LT Borrowings
—
—
¥1M
¥8M
¥16M
Deferred Tax Liab.
—
¥2M
¥3M
¥4M
¥4M
Total Equity
¥4.9B
¥5.2B
¥5.7B
¥4.4B
¥3.6B
Capital Stock
—
¥55M
¥54M
¥3.3B
¥2.6B
Capital Surplus
—
¥6.3B
¥6.3B
¥5.8B
¥5.0B
Retained Earnings
—
¥-1.1B
¥-643M
¥-4.6B
¥-4.0B
Treasury Stock
—
¥-0M
¥-0M
¥-0M
¥-0M
Equity (owners)
—
¥5.2B
¥5.7B
¥4.4B
¥3.6B
Total Interest-Bearing Debt ⓘ
—
—
¥9M
¥16M
¥107M
Net Cash ⓘ
—
¥3.8B
¥4.8B
¥3.6B
¥2.7B
NCAV ⓘ
—
¥4.3B
¥5.3B
¥4.1B
¥3.3B
NCAV/Share
—
¥102
¥127
¥107
¥92
BV/Share
—
¥125
¥136
¥115
¥100
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
—
¥-507M
¥-443M
¥-515M
¥-701M
Interest Paid
—
¥-0M
¥-0M
¥-1M
¥-2M
Interest Received
—
¥2M
¥0M
¥0M
¥0M
D&A
—
¥99M
¥95M
¥68M
¥50M
Investing CF
—
¥-569M
¥-138M
¥-23M
¥-90M
CapEx
—
¥167M
¥131M
¥15M
¥60M
Financing CF
—
¥-10M
¥1.8B
¥1.3B
¥377M
LT Debt Repaid
—
¥-9M
¥-7M
¥-91M
¥-258M
Free Cash Flow
—
¥-674M
¥-575M
¥-530M
¥-761M
Net Change in Cash
—
¥-1.1B
¥1.3B
¥760M
¥-403M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
-7.1%
-8.2%
-12.7%
-13.7%
-24.6%
ROA
-6.4%
-7.7%
-11.6%
-12.3%
-21.9%
EPS
¥-8.55
¥-10.68
¥-15.44
¥-15.16
¥-25.17
DPS
¥0.00
—
—
—
—
BPS
¥116.88
¥124.98
¥135.60
¥115.04
¥99.86
FCF/Share
—
¥-16
¥-14
¥-14
¥-21
NCAV/Share
—
¥102
¥127
¥107
¥92
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 10
Date Activist Stake Event Flag Demands Source
2025-06-06
M&G Investment Management Limited
3.09%
-3.77%
change
Passive
—
2024-09-06
M&G Investment Management Limited
6.86%
+0.74%
change
Passive
—
2024-07-19
Rakuten Securities, Inc.
4.42%
correction
Passive
—
2024-07-16
Rakuten Securities, Inc.
4.42%
-0.68%
change
Passive
—
2024-06-21
M&G Investment Management Limited
6.12%
+1.04%
change
Passive
—
2024-06-05
Rakuten Securities, Inc.
5.1%
+0.52%
initial_5pct
Passive
—
2024-02-07
M&G Investment Management Limited
5.08%
initial_5pct
Passive
—
2024-01-05
Rakuten Securities, Inc.
4.58%
-1.44%
change
Passive
—
2023-11-02
Rakuten Securities, Inc.
6.02%
+1.0%
change
Passive
—
2023-07-20
Rakuten Securities, Inc.
5.02%
initial_5pct
Passive
—
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
HSBC BANK PLC A/C M AND G (ACS) VALUE PARTNERS CHINA EQUITY FUND(常任代理人 香港上海銀行東京支店カストディ業務部)
1,235,400
2.95%
2
楽天証券株式会社
1,109,000
2.65%
3
株式会社SBI証券
900,583
2.15%
4
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505025(常任代理人 株式会社みずほ銀行)
829,600
1.98%
5
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505301(常任代理人 株式会社みずほ銀行)
627,400
1.50%
6
石井 良明
575,000
1.37%
7
須永 政美
214,200
0.51%
8
株式会社イシイ
205,400
0.49%
9
野村證券株式会社(常任代理人 株式会社三井住友銀行)
199,100
0.47%
10
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC) (常任代理人 株式会社三菱UFJ銀行)
198,506
0.47%
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
3.5%
+0.1% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
11.1%
+5.7% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
State Street
1.18%
3.42%
3.48%
+0.06%
HSBC BANK PLC A/C M AND G (ACS) VALUE PARTNERS CHINA EQUITY FUND
↑
—
0.49%
2.95%
+2.46%
楽天証券
↑
2.83%
0.53%
2.65%
+2.12%
式会社SBI証券
↑
2.00%
0.59%
2.15%
+1.56%
石井 良明
—
1.37%
1.37%
須永 政美
NEW ENTRY
—
—
—
0.51%
NEW
式会社イシイ
—
0.49%
0.49%
野村證券
—
1.31%
0.47%
-0.84%
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)
NEW ENTRY
—
—
—
0.47%
NEW
SMBC日興証券
last seen 2024
Exited Top 10
—
0.62%
—
JPモルガン証券
last seen 2023
Exited Top 10
0.75%
—
—
INTAGE Open Innovation投資事業有限責任組合
last seen 2023
Exited Top 10
0.63%
—
—
HSBC BANK PLC A/CM AND G (ACS)
last seen 2023
Exited Top 10
1.25%
—
—
日本カストディ銀行
last seen 2023
Exited Top 10
0.56%
—
—
松井証券
last seen 2023
Exited Top 10
0.57%
—
—
東京センチュリー
last seen 2023
Exited Top 10
0.62%
—
—
参天製薬
last seen 2023
Exited Top 10
1.15%
—
—
Concentration (HHI)
ⓘ
18
17
35
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved