Hamamatsu Photonics K.K. Analysis (March) 2026

Hamamatsu Photonics ...

TSE:6965

¥ 1.835,00

¥-105,50 (-5,44%)

1.835,00 ¥

¥-105,50 (-5,44%)

End-of-day quote: 03/30/2026

Hamamatsu Photonics K.K. Stock Value

According to analysts, the current valuation of TSE:6965 is Outperform.

Outperform

Hamamatsu Photonics K.K. Company Info

EPS Growth 5Y

-2,38%

Market Cap

¥566,47 B

Long-Term Debt

¥10,57 B

Quarterly earnings

05/09/2026 (E)

Dividend

¥35,97

Dividend Yield

1,96%

Founded

1953

Industry

Information Technology

Country

Japan

Website

Hamamatsu Photonics K.K.

ISIN Number

JP3771800004

Website

http://www.hamamatsu.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

¥1.900,00

3.54%

Last Update: 03/30/2026

Analysts: 7

Highest Price Target ¥3.000,00

Average Price Target ¥1.900,00

Lowest Price Target ¥1.250,00

In the last five quarters, Hamamatsu Photonics K.K.’s Price Target has fallen from ¥4.083,89 to ¥2.775,00 - a -32,05% decrease. Five analysts predict that Hamamatsu Photonics K.K.’s share price will increase in the coming year, reaching ¥1.900,00. This would represent an increase of 3,54%.

Top growth stocks in the information technology sector (5Y.)

What does Hamamatsu Photonics K.K. do?

Hamamatsu Photonics K.K. manufactures and sells photomultiplier tubes, imaging devices, light sources, opto-semiconductors, and imaging and analyzing systems. The company engages in the research, development, manufacturing, and the sales of optical and electronic devices, with a particular focus on photonics technology. Business Segments The company’s business is organized into several primary segments, each of which is responsible for specific product lines and market areas. The main busines...

Hamamatsu Photonics K.K. manufactures and sells photomultiplier tubes, imaging devices, light sources, opto-semiconductors, and imaging and analyzing systems.

The company engages in the research, development, manufacturing, and the sales of optical and electronic devices, with a particular focus on photonics technology.

Business Segments

The company’s business is organized into several primary segments, each of which is responsible for specific product lines and market areas. The main business segments are as follows:

Electron Tube Division: The Electron Tube Division is responsible for the development, manufacturing, and the sales of photomultiplier tubes, microchannel plates, and related products. These devices are used for the detection and measurement of low levels of light and are essential components in scientific research, medical diagnostics, and industrial measurement systems.

Solid-State Division: The Solid-State Division focuses on the development and production of solid-state photodetectors, including photodiodes, avalanche photodiodes, and silicon photomultipliers. These devices are used in a wide range of applications, from medical imaging and radiation detection to industrial inspection and environmental monitoring.

Imaging and Measurement Instruments Division: The Imaging and Measurement Instruments Division develops and supplies a variety of imaging systems, spectrometers, and measurement instruments that utilize the company’s photonics technology. These products are used in scientific research, quality control, and process monitoring in industries such as pharmaceuticals, semiconductors, and materials science. The company’s imaging systems include high-speed cameras, X-ray detectors, and fluorescence imaging devices, which are used for applications ranging from basic research to industrial inspection and medical diagnostics.

Light Source Division: The Light Source Division is responsible for the development and manufacturing of light sources, including lasers, LEDs, and specialized lamps. The company’s light sources are used in a variety of applications, such as analytical instruments, medical devices, and industrial equipment.

Systems Division: The Systems Division develops and supplies integrated systems that combine the company’s photonics devices with electronics, software, and mechanical components. These systems are used in applications such as medical diagnostics, environmental monitoring, and industrial automation.

Business Strategy

The company’s business strategy is centered on the pursuit of technological leadership in the field of photonics, the expansion of its global market presence, and the creation of sustainable value for stakeholders. The company’s strategy is built upon several key pillars:

Innovation and R&D Investment: The company places a strong emphasis on research and development as the engine of its growth and competitiveness. The company invests heavily in the development of new technologies, products, and applications, with the goal of maintaining its position at the forefront of the photonics industry. The company’s R&D activities are conducted in collaboration with leading universities, research institutes, and industry partners, enabling it to access the latest scientific knowledge and technological advances.

Global Market Expansion: The company is committed to expanding its presence in international markets through the establishment of overseas subsidiaries, joint ventures, and strategic alliances. The company’s global sales and marketing network enables it to serve customers in more than 100 countries, providing localized support and tailored solutions to meet the specific needs of each market.

Customer-Centric Approach: The company’s strategy focuses on understanding and meeting the needs of its customers. The company works closely with customers to develop customized solutions that address their specific challenges and requirements.

Products and Services

The company offers a comprehensive range of products and services based on advanced photonics technology. The company’s product portfolio includes:

Photomultiplier Tubes (PMTs): Highly sensitive light detectors used in scientific research, medical diagnostics, and industrial measurement.

Photodiodes and Avalanche Photodiodes: Solid-state light detectors for applications such as radiation detection, medical imaging, and industrial inspection.

Silicon Photomultipliers (SiPMs): Advanced solid-state detectors with high sensitivity and fast response, used in medical imaging and particle physics.

Image Sensors: Including CCD and CMOS sensors for high-resolution imaging in scientific, medical, and industrial applications.

Light Sources: Lasers, LEDs, and specialized lamps for use in analytical instruments, medical devices, and industrial equipment.

Imaging Systems: High-speed cameras, X-ray detectors, and fluorescence imaging devices for research, inspection, and diagnostics.

Spectrometers and Measurement Instruments: Devices for the analysis of light and measurement of physical properties in research and industry.

Integrated Systems: Turnkey solutions that combine photonics devices with electronics, software, and mechanical components for applications, such as medical diagnostics, environmental monitoring, and industrial automation.

Technical Support and Consulting: The company provides technical support, application consulting, and custom development services to assist customers in the selection, integration, and optimization of its products.

Geographical Markets Served

The company serves customers in more than 100 countries worldwide, with a strong presence in Japan, North America, Europe, and Asia. The company’s manufacturing facilities are primarily located in Japan, with additional production and support capabilities in key overseas markets.

Customers

The company’s customers include leading research institutions, universities, hospitals, manufacturers, and government agencies. The company also serves companies in the semiconductor, automotive, telecommunications, and industrial sectors. The company’s customer base is diverse, encompassing organizations engages in scientific research, medical diagnostics, industrial measurement, and information and communication technology.

Sales and Marketing

The company’s sales and marketing activities are conducted through a network of domestic and overseas subsidiaries, distributors, and agents. The company’s marketing strategy includes participation in industry exhibitions, technical seminars, and scientific conferences to promote its products and technologies.

History

Hamamatsu Photonics K.K. was founded in 1953. The was incorporated in 1953. It was formerly known as Hamamatsu TV Co., Ltd.

Hamamatsu Photonics K.K. Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Optoelectronics: approx. 55% - Image processing and measurement technology: approx. 30% - Semiconductors: approx. 15% **TOP 3 markets and their percentage shares:** - Japan: approx. 35% - USA: approx. 25% - Europe: approx. 20% Hamamatsu Photonics K.K. genera...

At which locations are the company’s products manufactured?

**Production sites of Hamamatsu Photonics K.K.:** 1. **Hamamatsu, Japan** - Main production facility 2. **Shizuoka, Japan** - Other significant production plants Hamamatsu Photonics K.K. produces the majority of its products in Japan, particularly in Hamamatsu and Shizuoka. These sites are known f...

What strategy does Hamamatsu Photonics K.K. pursue for future growth?

**Focus on Research and Development:** 10% of revenue (2025) **Expansion into New Markets:** 20% revenue growth in the Asian region (2025) **Sustainability Initiatives:** 30% reduction in CO2 emissions by 2030 Hamamatsu Photonics K.K. places a strong emphasis on research and development by invest...

Which raw materials are imported and from which countries?

**Main raw materials:** Silicon, gallium arsenide, germanium **Countries of origin:** USA, China, Germany Hamamatsu Photonics K.K. is a leading company in the manufacturing of optoelectronic components. The production of these components mainly requires semiconductor materials such as silicon, ga...

How strong is the company’s competitive advantage?

**Market Share:** Approximately 30% in the field of optical sensors (2025) **R&D Expenses:** 12% of revenue (2025) **Gross Margin:** 50% (2025) Hamamatsu Photonics K.K. has a significant competitive advantage, especially due to its leading position in the field of optical sensors, where the...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 60% (estimate based on historical data) **Insider Purchases/Sales:** No significant transactions in the last year (estimate based on typical reports) The institutional investor share at Hamamatsu Photonics K.K. traditionally stands at around 60%, ind...

What percentage market share does Hamamatsu Photonics K.K. have?

**Market share of Hamamatsu Photonics K.K.:** 12% (estimated, 2026) **Top competitors and their market shares:** 1. **Hamamatsu Photonics K.K.:** 12% 2. **Thorlabs Inc.:** 10% 3. **Newport Corporation (part of MKS Instruments):** 9% 4. **Edmund Optics Inc.:** 8% 5. **Excelitas Technologies Corp.:**...

Is Hamamatsu Photonics K.K. stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **R&D Expenses:** 12% of revenue (2025) **Market Share in Photonics:** 20% (estimated 2025) Hamamatsu Photonics K.K. has experienced solid revenue growth of 8.5% in recent years. This is mainly attributed to the increasing demand for photonics products and the co...

Does Hamamatsu Photonics K.K. pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.8% (2026, estimated) **Dividend History:** Continuous payouts over the last 5 years Hamamatsu Photonics K.K. has pursued a consistent dividend policy in recent years, regularly distributing dividends to its shareholders. The dividend yield is currently estimated at 1.8% for t...

New support ticket

Explore

Hamamatsu Photonics K.K. Stock Value

Hamamatsu Photonics K.K. Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the information technology sector (5Y.)

What does Hamamatsu Photonics K.K. do?

Hamamatsu Photonics K.K. Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Hamamatsu Photonics K.K. Stock Value

Hamamatsu Photonics K.K. Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the information technology sector (5Y.)

What does Hamamatsu Photonics K.K. do?

Hamamatsu Photonics K.K. Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.