Lasertec Corporation

What Lasertec Corporation does

Lasertec Corporation is a Japanese semiconductor and laser microscope equipment manufacturer headquartered in Yokohama, founded in 1960 and listed on the Tokyo Stock Exchange Prime Market under ticker 6920. The company develops optical inspection and metrology systems built on its core Optical Applied Technology platform, spanning confocal optics, DUV/EUV optical systems, differential interference contrast, and optical interferometry. Its product portfolio centers on EUV mask blank inspection (ABICS series), actinic EUV pattern mask inspection (ACTIS series), photomask inspection (MATRICS/MAGICS), wafer edge and internal inspection (CIEL/CIRIUS), compound semiconductor inspection (SICA for SiC, GALOIS for GaN), FPD mask inspection (CLIOS), laser microscopy (OPTELICS), and lithium-ion battery visualization (ECCS). The company holds a near-monopoly position in EUV lithography inspection tools and serves as a critical supplier to ASML and all major advanced chipmakers including TSMC, Samsung, and Intel.

Lasertec operates a fab-lite business model, outsourcing manufacturing while concentrating internal resources on R&D, system integration, and direct customer support. Approximately 70% of its 1,163 group employees as of June 2025 are engineers, with R&D spending sustained at 5-10% of sales and a long-standing corporate culture of 'develop one world-first product per year.' The company generates revenue primarily through one-time capital equipment sales of high-value inspection systems with individual unit prices in the hundreds of millions of yen, supplemented by a growing service and support business (¥42.9 billion in FY2025, +48% YoY) targeting >20% of total sales. Distribution is direct through wholly-owned subsidiaries in the United States, Korea, Taiwan, China, and Singapore, with field service engineers co-located near customer fabs in Hsinchu, Tainan, Hwaseong, Pyeongtaek, and Santa Clara to deliver 24/7 support.

In H1 FY2026 (ended December 2025), Lasertec reported ¥128.3 billion in revenue, ¥63 billion in operating profit, and ¥45.7 billion in net income. Management raised the FY2026 full-year order intake guidance to ¥200-240 billion and the operating income outlook to ¥100 billion, citing demand for the ACTIS A200HiT and mask blank testing equipment. Medium-term financial targets include ¥400-500 billion in revenue and a 35%+ operating margin by FY2030, alongside continued investment in green product R&D (¥50 billion+ planned over FY2024-FY2028) and expansion into compound semiconductors and battery inspection verticals.

Name

Lasertec Corporation

Legal name

Lasertec Corporation (レザーテック株式会社)

Website

https://lasertec.co.jp

Company type

Public

Founded year

1960

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Lasertec Corporation is a Japanese semiconductor inspection equipment manufacturer with a near-monopoly in EUV lithography inspection tools, serving leading-edge chipmakers including TSMC, Samsung, Intel, and ASML through direct global sales and service subsidiaries.

Ownership category

akta.pro rank

Product category

Semiconductor Inspection Equipment

NAICS

Semiconductor Machinery Manufacturing (333242)

SIC

Optical Instruments & Lenses (3827), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Mask/Reticle Manufacturing & Inspection Equipment (HDAHAEAK)

akta.pro secondary industries

Photomask Blanks, Masks & Reticles (Quartz/PELlicles) (HDAHAGAD), Lithography Equipment (DUV/EUV) (HDAHAEAA)

Keywords

• Semiconductor inspection equipment
• EUV mask inspection
• Photomask defect inspection
• Wafer defect inspection
• Laser microscopes

Headquarters

HQ city

Yokohama

HQ country

Japan

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Semiconductor-Related Equipment Sales: Sale of high-value semiconductor inspection and metrology equipment including EUV mask inspection tools, mask blank inspection systems, wafer inspection systems, and related tools. Equipment unit prices are very high, making individual order values substantial. This is the core revenue driver, representing the majority of total sales.
2. Service and Support: Field service, maintenance, calibration, and technical support for installed equipment. The company targets service revenue composition of over 20% of total sales, with service revenue growing approximately 48% year-over-year to reach 42.9 billion yen. Service provides recurring, stable revenue.
3. Other Products: Laser microscopes, lithium-ion battery inspection/visualization systems, FPD-related inspection equipment, and compound semiconductor inspection tools.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Lasertec Corporation develops, manufactures, and sells optical inspection, metrology, and review equipment used by semiconductor manufacturers to detect nanoscale defects in photomasks, mask blanks, and wafers. Its portfolio centers on light-based inspection technologies including confocal optics, differential interference contrast, and actinic inspection at EUV wavelengths, with a near-monopoly in EUV lithography mask inspection tools. The company also produces laser microscopes, FPD photomask inspection systems, and lithium-ion battery reaction visualization systems.

Product overview

Lasertec Corporation is a semiconductor inspection and metrology equipment manufacturer providing optical inspection, measurement, and review systems for semiconductor, flat panel display (FPD), and materials analysis applications. The product portfolio centers on light-based inspection technologies including confocal optics, differential interference contrast (DIC), and actinic inspection using extreme ultraviolet (EUV) wavelengths. Core product lines include: ACTIS (EUV pattern mask inspection), ABICS (EUV mask blank inspection), MATRICS (DUV/EUV mask inspection), MAGICS (mask blank and wafer defect inspection), BASIC (EUV mask backside inspection/cleaning), PELMIS (EUV pellicle inspection), SICA (SiC wafer inspection), GALOIS (GaN wafer inspection), CIEL/CIRIUS/LX (wafer inspection/measurement), CLIOS (FPD photomask inspection), OPTELICS (laser microscopy), and ECCS (lithium-ion battery analysis). The company operates a fab-lite strategy, outsourcing manufacturing while focusing on R&D and product development, with approximately 70% of employees being engineers and 5-10% of sales invested in R&D.

Differentiator

Problem solved

Functional benefit

Products and services

• ACTIS Series (EUV Pattern Mask Defect Inspection)
• ABICS Series (EUV Mask Blank Defect Inspection)
• MATRICS Series (Mask Defect Inspection)

Quantifiable outcome

• URASHIMA EUV light source reduces Sn (tin) consumption to 1/100th and power consumption to 1/3rd compared to conventional sources
• +4 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature10 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ASML Holding NVcoreStrategic or Co-development PartnerLasertec serves as a key supplier to ASML, holding a near-monopoly on extreme ultraviolet lithography (EUV) inspection tools. ASML's EUV lithography systems require Lasertec's equipment to verify advanced transistor patterns. Record orders at ASML drive Lasertec's equipment demand. This is a critical supply chain relationship for advanced semiconductor manufacturing.
• EIDEC (EUVL Infrastructure Development Center /株式会社EUVL基盤開発センター)coreStrategic or Co-development PartnerLasertec collaborated with EIDEC under NEDO (New Energy and Industrial Technology Development Organization) support from 2011 to 2016 to develop the ABI (Actinic Blank Inspection) technology for EUV mask blank defect inspection. The result was the ABICS series, which contributed significantly to EUV lithography industrialization.
• NEDO (New Energy and Industrial Technology Development Organization)coreStrategic or Co-development PartnerNEDO provided financial support for the joint development of EUV mask blank inspection technology between Lasertec and EIDEC from 2011-2016.
• DISCO Corporation (株式会社ディスコ)minorStrategic or Co-development PartnerLasertec collaborated with DISCO Corporation in developing the BGM300 (TSV Back-side Grinding Process Measurement System), combining DISCO's grinding expertise with Lasertec's optical measurement technology.
• Marketech International Corp. (Taiwan)minorChannel Partner/ Reseller/ DistributorRegional distributor for FPD (liquid crystal display) related products in Taiwan, handling Lasertec's CLIOS and other FPD inspection equipment.
• Marketech Integrated Pte Ltd. (Singapore)minorChannel Partner/ Reseller/ DistributorRegional distributor for FPD (liquid crystal display) related products in Singapore.

Scale indicators26 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Camtek Ltd. Camtek provides automated optical inspection and metrology solutions for semiconductor and advanced packaging applications. It is a direct competitor in mask and wafer inspection for advanced packaging and compound semiconductor segments where Lasertec's CIRIUS and VIANCA products operate.
• Onto Innovation: Onto Innovation provides macro defect inspection, optical metrology, and process control solutions for advanced semiconductor nodes. It overlaps with Lasertec in mask inspection and wafer inspection, particularly for memory and advanced packaging, serving similar fab customers.
• Nova Measuring Instruments: Nova is a leading supplier of optical metrology and process control solutions for advanced semiconductor manufacturing, particularly for chemical deposition and etch. It competes with Lasertec in wafer-level measurement and serves the same customer base of leading-edge memory and logic manufacturers.
• KLA Corporation: KLA is the global leader in semiconductor wafer inspection, metrology, and process control, competing most directly with Lasertec in advanced mask and wafer inspection. Both companies sell high-value optical inspection capital equipment to TSMC, Intel, Samsung, and SK Hynix, and both derive substantial revenue from EUV-related process control.
• JEOL Ltd. JEOL manufactures electron-beam mask and wafer inspection systems (e.g., JBX, JEM series) that compete with Lasertec's optical inspection tools, particularly for advanced masks where e-beam and actinic optical inspection are complementary. Like Lasertec, JEOL is a Japan-headquartered semiconductor equipment vendor.
• Hitachi High-Tech: Hitachi High-Tech manufactures semiconductor metrology, inspection, and electron-beam (CD-SEM) equipment directly competitive with Lasertec in mask and wafer inspection. The two companies compete particularly in DUV mask inspection and are both headquartered in Japan serving global semiconductor customers.

Broad incumbents

• SCREEN Holdings: SCREEN Holdings manufactures semiconductor cleaning equipment and surface preparation systems, with broader portfolio exposure than Lasertec. It competes more tangentially through wafer inspection adjacencies and serves the same advanced-node fab customers with full equipment portfolio offerings.
• Advantest Corporation: Advantest is the global leader in semiconductor test equipment (ATE), headquartered in Japan. While not a direct inspection competitor, both companies serve the same leading-edge semiconductor manufacturers, both are Japanese, and both benefited from AI-driven semiconductor capex acceleration through 2024-2026.
• ASML Holding: ASML is both Lasertec's customer (Lasertec supplies EUV mask inspection tools into ASML's customer ecosystem) and a key beneficiary of Lasertec's inspection technology. While not a direct product competitor, both companies operate in the EUV lithography value chain and are tightly coupled economically as advanced-node chipmaking scales.

Emerging players

• DISCO Corporation: DISCO is a Japanese leader in wafer dicing and grinding equipment. It co-developed the BGM300 TSV backside grinding measurement system with Lasertec, indicating partial adjacency in 3D packaging/advanced packaging process control where Lasertec's CIRIUS, BGM, and BIM product lines compete.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lasertec_corporation

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lasertec Corporation