{
  "docId": "019dd923-622c-750b-8b9a-0f4bec37392f",
  "docSlug": "f982379e2e48",
  "documentTitle": "Lasertec Corporation (6920)",
  "authorId": "58_Scorpion_Capital",
  "authorName": "Scorpion Capital",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-06-05 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 8,
  "pageCount": 334,
  "prevPage": 7,
  "nextPage": 9,
  "slideType": "table_of_contents",
  "function": "summarize",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": "The slide uses aggressive, activist-style language to frame the investment thesis.",
  "elementsJson": [
    "headline_text",
    "numbered_list",
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-0f4bec37392f/8",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f#slide-8",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "KLA's impending launch of an EUV actinic patterned mask inspection tool will be catastrophic for Lasertec.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-78b6-764f-bc79-7d4dd2dc0a39",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.86,
        "x": 0.07,
        "y": 0.16
      },
      "kind": "list",
      "text": "8. Lasertec's small, one-time EUV market opportunity is already exhausted, with little to no growth left in its flagship ACTIS line. 252-265\n9. KLA's impending launch of an EUV actinic patterned mask inspection tool will be catastrophic for Lasertec. 266-285",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1bb58a93-64c6-46bf-9fe8-f8fc67d697f6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.83,
        "x": 0.1,
        "y": 0.28
      },
      "kind": "paragraph",
      "text": "We analyze a) the industry transition to the 5nm node... [detailed analysis summary for point 8]",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0e0651a9-4fc5-4bc5-b634-5e503be21599",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.83,
        "x": 0.1,
        "y": 0.65
      },
      "kind": "paragraph",
      "text": "Customers irate with Lasertec are “begging” KLA and “crying” for it to hurry its launch... [detailed analysis summary for point 9]",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "68163401-0098-4235-965e-dbc453a17d28",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "Customers irate with Lasertec are “begging” KLA and “crying” for it to hurry its launch; KLA's entry will be “devastating,” “catastrophic,” and “game over” for Lasertec which “will disappear” – “everything could turn around in a second...they're out of business, basically.” — Anonymous sources",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-78b6-764f-bc79-80742e05054f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.25,
        "x": 0.07,
        "y": 0.07
      },
      "kind": "title",
      "text": "Table of contents",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5798ebeb-4f91-49aa-9166-63d1e9e3b702",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "551fd7bf-00d0-4089-9dfe-9045aa231606",
      "evidence": "The slide contains a list of items, such as '8. Lasertec's small, one-time EUV market opportunity is already exhausted, with little to no growth left in its flagship ACTIS line. 252-265'",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}