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  "documentTitle": "Lasertec Corporation (6920)",
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  "presentationDate": "2024-06-05 00:00:00",
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      "text": "The CEO and CFO are among the most evasive we have ever seen across any company during quarterly analyst Q&A's, with a pattern of vague, non-committal answers and tersely dismissing even the most basic requests for details.",
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      "text": "Feb 1, 2022, Jefferies analyst... Feb 1, 2022, IwaiCosmo analyst... Feb 1, 2022, Macquarie analyst... Aug 5, 2022, Nomura analyst",
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      "text": "Quarterly Q&A sessions with analysts – CEO replying in each exchange below",
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      "text": "The CEO and CFO are among the most evasive we have ever seen across any company during quarterly analyst Q&A's, with a pattern of vague, non-committal answers and tersely dismissing even the most basic requests for details typical on other semicap earnings Q&A. Analysts have repeatedly tried and failed over the last 5 years to get any color on ACTIC EUV as a percentage of total sales, orders, or backlog versus its older MATRICS DUV.",
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      "kind": "quote",
      "text": "Well, I don't know if it will be for MATRICS X8ULTRA or ACTIS, but in any case, we are expecting to receive inquiries for inspection systems for EUV masks. — Lasertec CEO (Feb 1, 2022, Jefferies analyst exchange)",
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      "text": "Source: Lasertec quarterly Q&A sessions, available at https://www.lasertec.co.jp/en/ir/data/result.html",
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      "text": "Investors may naturally wonder why Lasertec is afraid to disclose how much of its revenue is from EUV systems, and what the quarterly or annual trend is for the number of tools sold.",
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