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What smart money is saying about LasertecJapan flag

6920.T · Technology · Semiconductors · Market cap $24.76B

2 funds in our archive have pitched Lasertec — most recently Baillie Gifford Global Alpha in June 2026.

Company profile

Lasertec Corporation operates globally, specializing in the development, production, sale, and servicing of advanced equipment for the semiconductor industry, flat panel displays, and sophisticated laser microscopes. Within the semiconductor sector, Lasertec offers essential systems designed for the inspection and precise measurement of defects found on semiconductor photomasks and wafers. Its comprehensive wafer-related solutions include specialized systems for materials like SiC and GaN, multi-wavelength analysis, and both wafer edge inspection and review. The company also provides advanced equipment for wafer bump inspection and measurement, as well as systems for TSV back grinding process measurement. Beyond semiconductors, Lasertec develops inspection systems specifically for flat panel display photomasks. Its acclaimed laser microscopes are utilized for the detailed observation and measurement of a broad spectrum of materials and components, encompassing semiconductor substrates, transparent films, various coating materials, inorganic and organic compounds, biological samples, metallic parts, and plastic elements. The company's product line also extends to include lithium-ion batteries. Originally established in 1960 as NJS Corporation, the company officially rebranded to Lasertec Corporation in 1986. Its corporate headquarters are situated in Yokohama, Japan.

Fund activity · 7 positions · 3 moves

  • HoldsACATIS Investment Report
    July 2026
    Lasertec (+23.8%):This Japanese manufacturer of inspection devi- ces for chip production is another beneficiary of the general boom in IT.
    Read the letterLasertec
  • TrimmedHarding Loevner International Equity ADR
    June 2026
    In the past six months, we’ve trimmed our holding in ASML five times, TSMC four times and Lasertec and Disco Corp three times each.
    Read the letterLasertec
  • HoldsClearBridge Investments International Growth EAFE Strategy
    June 2026
    Semiconductor capital equipment maker Tokyo Electron doubled in the quarter while Dutch semi cap names ASML and ASM International as well as Japan’s Lasertec also delivered strong gains.
    Read the letterLasertec
  • HoldsHarding Loevner International Developed Markets Equity ADR
    June 2026
    Lasertec Japan INFT 2.7 0.1 0.78
    Read the letterLasertec
  • TrimmedHarding Loevner International Developed Markets Equity
    June 2026
    We also trimmed TSMC five times, ASML three times, and Lasertec and Disco Corp once.
    Read the letterLasertec
  • TrimmedHL International Equity
    May 2026
    shares of two Japanese IT holdings—Lasertec and Disco—gave back a portion of their recent gains.
    Read the letterLasertec
  • HoldsHL International Equity ADR
    May 2026
    shares of two Japanese IT holdings—Lasertec and Disco—gave back a portion of their recent gains.
    Read the letterLasertec

Fund coverage · 2 theses

  • Baillie Gifford Global Alpha
    June 2026

    Lasertec makes chip inspection equipment and is valued for its virtual monopoly and hard-to-replicate customisation with major manufacturers.

    Read the full thesis
  • Ariel Global
    December 2025

    Lasertec Corporation is a Japanese semiconductor inspection equipment specialist benefiting from EUV adoption, new APMI tools, and an inflection in process control intensity.

    Read the full thesis

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