Earnings quality
Compare earnings and operating cash flow for earnings quality.
Lasertec Corporation
Ticker 6920 · 🇯🇵 Japan · Consolidated IFRS · amounts in yen
Filed 2026-09-24 · Period end 2026-06-30
Takeaway
Dig deeperThe numbers send mixed signals — dig into cash flow and leverage before drawing a conclusion.
operating margin is 45.7%.
Mixed signals — use cash flow and the balance sheet before treating the year as clean.
ActionDig deeper
OP margin45.7%
Equity ratio—
Last price—
Trailing P/E—
Look at next
- Compare operating cash flow to reported profit across the last two years.
- Open English IR for management commentary on outlook and capital allocation.
- Overlay peers on Compare before judging relative momentum.
About the company
レーザーテック株式会社 is a Japanese listed company with financial statements filed on EDINET. A detailed English business summary was not auto-extracted from this filing.
Compare trends
No phone/email found in this filing · Filing date 2026-09-24
Financial statements
Income statement
| Account | FY2025 (ended Jun 30, 2025) | FY2026 (ended Jun 30, 2026) |
|---|---|---|
| Revenue | ¥251.5B | ¥230.5B |
| Cost of sales* | ¥103.2B | ¥94.0B |
| Gross profit | ¥148.3B | ¥136.5B |
| Operating profit (loss) | ¥122.8B | ¥105.3B |
| Finance income | — | — |
| Finance costs | — | — |
| Income tax expense | ¥34.8B | ¥30.4B |
| Profit (loss) | ¥84.7B | ¥77.5B |
| Profit (loss) attributable to owners | ¥84.7B | ¥77.5B |
| Basic EPS (¥) | — | — |
Balance sheet
| Account | FY2025 (ended Jun 30, 2025) | FY2026 (ended Jun 30, 2026) |
|---|---|---|
| Cash and cash equivalents | ¥86.1B | ¥91.5B |
| Current assets | ¥286.9B | ¥295.1B |
| Non-current assets | ¥42.7B | ¥41.6B |
| Total assets | ¥329.6B | ¥336.6B |
| Short-term borrowings | — | — |
| Current liabilities | ¥117.9B | ¥86.4B |
| Non-current liabilities* | ¥1.8B | ¥3.4B |
| Total liabilities | ¥119.7B | ¥89.8B |
| Equity attributable to owners | — | — |
| Total equity | — | — |
Cash flow statement
| Account | FY2025 (ended Jun 30, 2025) | FY2026 (ended Jun 30, 2026) |
|---|---|---|
| Cash flows from operating activities | ¥77.9B | ¥48.5B |
| Cash flows from investing activities | — | — |
| Cash flows from financing activities | -¥24.6B | -¥43.2B |
| Net increase (decrease) in cash | ¥47.9B | ¥5.4B |
| Cash at end of period | ¥86.1B | ¥91.5B |
Five-year trends
Key metrics
| Metric | Trend | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Revenue | ¥90.4B | ¥152.8B | ¥213.5B | ¥251.5B | ¥230.5B | |
| Operating profit | ¥33.6B | ¥63.7B | ¥82.0B | ¥119.4B | ¥107.9B | |
| Profit to owners | — | — | — | ¥84.7B | ¥77.5B | |
| Total assets | ¥178.6B | ¥271.6B | ¥271.3B | ¥329.6B | ¥336.6B | |
| Cash & equivalents | — | — | ¥38.2B | ¥86.1B | ¥91.5B | |
| Owners’ equity | ¥72.7B | ¥109.1B | ¥151.3B | ¥209.9B | ¥246.8B |
How we read these numbers
From the notes
No material one-offs extracted from this filing.
Mixed
The numbers send mixed signals — dig into cash flow and leverage before drawing a conclusion.
On the income statement, revenue moved from ¥251.5B to ¥230.5B (▼ -8.3%), so the top line did not break. Gross profit only slipped from ¥148.3B to ¥136.5B, while operating profit swung from ¥122.8B to ¥105.3B — the damage is concentrated below gross profit.
Cash tells a different story than earnings. Operating cash flow was still ¥48.5B (prior ¥77.9B), and cash on the balance sheet rose to ¥91.5B from ¥86.1B. When profits collapse but operating cash stays positive, read the notes for impairments and other non-cash charges before assuming the business stopped generating cash.
The balance sheet got heavier on leverage. Total liabilities rose to ¥89.8B while owners’ equity fell to —. ROE moved from 46.9% to 33.9%, and the equity ratio from 63.7% to 73.3%. Employee count is 1,335 vs 1,163 a year earlier.
Liquidity & leverage
Short-term borrowing levels look more stable year over year.
Capital buffer
Capital structure held relatively steady.
Was this page helpful?
Source: EDINET S100Z32V
(レーザーテック株式会社), period end 2026-06-30.