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  "documentTitle": "Lasertec Corporation (6920)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2024-06-05 00:00:00",
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  "notes": "ページ番号26。第6部（185-191ページ）の要約。",
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      "text": "レーザーテックの株価を支える「極端紫外線 独占論」は崩壊する。",
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      "text": "競争環境の変化：P3検査においてレーザーテック製装置が信頼性不足で使えず、KLA製装置と比較した際の優位性が失われ、独占論が崩壊している。",
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      "text": "技術的課題：ペリクル付きマスクの検査が困難で、顧客はペリクルなしでの検査を余儀なくされ、歩留まり低下と作業遅延が発生している。",
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      "text": "KLA元幹部の証言：2年前から顧客と深刻な問題を議論していた。",
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