Hamamatsu Photonics K.K.

Hamamatsu Photonics K.K.

12.60
EUR
-0.20
(-1.56%)
Nov 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
317.67
348.57
375.31
381.24
414.75
464.19
471.3
452.98
545.87
674.28
715.04
658.56
706.49
- -
Basic EPS, GAAP
35.85
47.13
51.61
45.11
56.5
68.25
64.34
53.37
80.91
133.35
138.28
81.19
47.32
- -
Free Cash Flow per Basic Share
17.08
23.62
2.01
45.65
37
33.23
53
17.43
68.52
87.59
12.37
27.58
1.87
- -
Dividend per Share
11.52
13.04
15.01
18.14
17.03
17.06
20.06
20.05
20.04
30.04
39.01
38.08
38.53
- -
Book Value per Share
478.49
523.27
560.18
537.65
594.14
624.42
655.55
686.9
763.82
905.98
1,028.87
1,069.63
1,076.18
1,103.68
Tangible Book Value per Share
473.21
517.88
554.69
533
588.75
604.14
638.36
670.63
748.15
888.68
1,012.29
954.28
960.41
986.64
Basic Weighted Avg Shares
322
322
322
320
315
311
310
310
310
310
310
310
300
297
Sales/Revenue/Turnover
102,156
112,092
120,691
121,852
130,495
144,338
145,912
140,251
169,026
208,803
221,445
203,961
212,051
- -
Operating Margin (%)
16.43
19.33
19.56
16.86
17.51
18.89
17.41
15.51
20.31
27.29
25.6
15.75
7.62
- -
Depreciation Expense
8,672
7,952
9,517
10,547
10,043
11,335
12,060
12,691
13,554
13,508
14,761
17,760
22,357
- -
Net Income, GAAP
11,529
15,155
16,598
14,419
17,777
21,222
19,918
16,523
25,053
41,295
42,825
25,145
14,203
- -
Effective Tax Rate (%)
35.56
32.39
32.58
27.95
24.3
22.8
23.77
25.5
27.42
29.3
26.45
28.32
29.71
- -
Profit Margin (%)
11.29
13.52
13.75
11.83
13.62
14.7
13.65
11.78
14.82
19.78
19.34
12.33
6.7
- -
Working Capital
105,518
106,901
111,327
108,632
116,775
112,119
120,480
121,891
139,827
176,516
192,350
158,275
127,914
122,343
LT Debt
7,084
3,904
3,808
6,844
3,683
3,512
6,349
6,280
3,240
4,630
5,535
12,581
15,502
27,894
Total Equity
154,384
168,814
180,769
169,716
187,555
193,984
203,645
213,515
237,568
281,901
320,057
333,010
323,453
322,916
Return on Invested Capital (%)
6.84
8.46
8.5
7.93
9.08
10.38
9.22
7.39
10.42
14.42
12.95
6.45
2.94
- -
Return on Capital (%)
7.4
8.92
9.05
7.83
9.48
10.63
9.61
7.62
10.63
15.23
13.64
7.08
3.75
- -
Return on Common Equity (%)
7.84
9.41
9.53
8.26
9.98
11.16
10.05
7.95
11.15
15.97
14.29
7.74
4.35
- -

Capital Structure

JPY

•

in mil. unless spec.
Mar'24
Dec'26
Mar'26
ST Debt
7,565
- -
68,488
LT Borrowings
5,488
- -
7,076
LT Finance Leases
- -
- -
20,818
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
310
294
291
Market Capitalization
- -
- -
- -

Working Capital

JPY

•

in mil. unless spec.
Mar'24
Dec'26
Mar'26
Total Current Assets
257,152
- -
249,868
Cash, Cash Equivalents & STI
128,760
- -
108,157
Accounts Receivable, Net
44,778
- -
52,172
Inventories
76,535
- -
77,347
Total Current Liabilities
57,980
- -
127,525
Payables & Accruals
- -
- -
- -
ST Debt
7,565
- -
68,488
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.23%
8.93%
-2.87%
Free Cash Flow
238.36%
52.91%
-93.42%
Net Income, GAAP
4.17%
7.07%
-43.52%
Sales/Revenue/Turnover
6.2%
9.23%
3.97%
Total Cash Common Dividend
10.4%
15.08%
-1.94%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
53,512
50,474
- -
- -
203,961
2025
- -
- -
- -
- -
212,051
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28.88
25.27
- -
- -
81.19
2025
- -
- -
- -
- -
47.32
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
38.08
2025
- -
- -
- -
- -
38.53
2026
- -
- -
- -
- -
- -

Company Description

CEO
Tadashi Maruno
Full Time Employees
6,601
Sector
Electronic technology
Industry
Electronic components
Address
325-6, Sunayama-cho Hamamatsu SZ Japan 430-8587
IPO Date
Jul 22, 1996
Business
Hamamatsu Photonics K.K. (6965.T) manufactures and markets photonics products including photomultiplier tubes, imaging devices and image sensors, light sources such as lamps and LEDs, opto-semiconductors encompassing photodiodes, silicon photomultipliers, and infrared detectors, imaging and analyzing systems, laser equipment, and laser equipment components; the company also provides manufacturing support systems, photometry systems, life science and medical systems, semiconductor manufacturing support systems, photon counting modules, and optical measurement instruments. Founded in 1953 and headquartered in Hamamatsu, Japan, Hamamatsu Photonics operates globally through subsidiaries and affiliates across the Americas, Europe, Africa, and Asia, serving industries such as scientific research, medical diagnostics, industrial automation, telecommunications, space exploration, and semiconductors. In June 2024, the company completed the acquisition of NKT Photonics A/S, integrating its lasers and photonic crystal fibers to enhance system solutions in semiconductor, quantum, and medical applications and establishing the backbone of its laser division. More recently, in April 2025, Hamamatsu Photonics announced a strategic partnership with PredxBio to combine its MoxiePlex multiplex immunofluorescence imaging system—launched in late 2024—with PredxBio's SpaceIQ spatial analytics platform for advanced immuno-oncology research and spatial proteomics. The company continues to launch new products, including a compact 310 nm photodiode for UVB and hydrogen applications in November 2025 and a high-speed InGaAs linear image sensor in October 2025, while reporting strong sales growth in semiconductors and medical-bio segments for the fiscal year ended September 30, 2025.

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