Qd Laser, Inc. TSE:6613
QD Laser : Quarterly Financial Results Briefing 1st Quarter of FY2021
Source: MarketScreener
Quarterly Financial Results Briefing
1st Quarter of FY2021
QD Laser, Inc.
August 2021
Copyright © 2021 QD Laser, Inc., All Rights Reserved.
Mission
With the power of the semiconductor laser, "I can't" becomes "I can".
Contents
- Financial Results for FY2021-Q1
- Semiconductor Laser Devices
- Laser Retinal Projection
- Further Growth Upside Expected
- ESG Initiatives
What was once thought to be impossible is now a reality;
we have become the only company in the world
to successfully mass produce Quantum Dot LASERs.
Our laser technology will enable
dramatic improvements in our ability to process information, support visually impaired people, prevent eye diseases,
and enhance vision, continually pushing the boundaries of human possibility.
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Financial Results for FY2021-Q1
Financial Results Highlights for FY2021-Q1 vs FY2020-Q1
80% Sales Growth
Orders increased for the laser device business in DFB lasers for high-precision processing, compact visible lasers for biosensors, high-power lasers for sensors, and NRE (Non-Recurring Engineering). The laser eyewear business also increased due to sales to financial institutions.
34 Million JPY Operating Loss Improved
Operating loss improved due to an increase in sales and a reduction in labor costs and development costs.
204 Million JPY Quarterly Net Loss Improved
The same period of the previous year recorded an impairment loss on fixed assets of 161 million yen in the laser eyewear business. However, it was only 2 million yen in the current fiscal year, and the quarterly net loss improved.
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Financial Result Highlights for FY2021-Q1 vs FY2020-Q1
Sales Growth and Operating Loss Improved
80% sales growth driven by both businesses, and 34 million JPY operating loss improved.
Performance Summary
(Million JPY) | FY2021 | FY2020 | YOY |
1st Quarter | 1st Quarter | ||
Sales | 222 | 123 | +80% |
(＋99) | |||
Operating Loss | △200 | △235 | +34 |
Ordinary Loss | △202 | △249 | +46 |
Quarterly | △206 | △410 | +204 |
Net Loss | |||
Sales by Product Group
(Million JPY) | FY2021 | FY2020 | YOY |
1st Quarter | 1st Quarter | ||
DFB Laser | 49 | 34 | +44% |
Compact Visible Laser | 32 | 20 | +60% |
High-Power Laser | 56 | 39 | +44% |
Quantum Dot Laser | 12 | 19 | -37% |
NRE | 55 | 0 | - |
Others | 0 | 2 | -100% |
LD Total | 206 | 117 | +76% |
LEW Total | 16 | 6 | +167% |
Grand Total | 222 | 123 | +80% |
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