Helios Techno Holding Co.,Ltd.

Business Details

A segment that manufactures and sells industrial lamps and LED lamps. The core product is the Lamp for Light Source Unit for Exposure Equipment, deployed mainly in industrial applications for liquid crystal and semiconductor manufacturing. The segment also handles General Lighting Halogen Lamps and LED Lamps. Under the action policy of "leveraging flexibility to improve customer convenience," the segment aims to establish its value in niche markets where it can demonstrate competitiveness. In FY2026 (ending March 2026), the Lamp for Light Source Unit for Exposure Equipment captured demand exceeding plan, resulting in a turnaround to higher revenue and profit.

Recent Overview

The Lamp for Light Source Unit for Exposure Equipment captured demand exceeding plan, turning a loss into a profit of ¥327 million

In FY2026 (ending March 2026), the core product, the Lamp for Light Source Unit for Exposure Equipment, captured demand exceeding plan, resulting in net sales of ¥2,674 million, up 31.0% year on year, and segment profit that improved significantly from a loss of ¥7 million in the prior period to a profit of ¥327 million. In the prior period (FY2025, ended March 2025), the segment had fallen into a loss due to weak orders for industrial LED-related products and other factors, but in the current period the recovery in demand for industrial lamps drove performance.

Key Products

Growth Drivers

• Continued strong demand for the Lamp for Light Source Unit for Exposure Equipment (demand exceeded plan in FY2026, ending March 2025, resulting in a 31.0% year-on-year increase in revenue)
• Expected expansion in demand for General Lighting LED Lamps against the backdrop of the prohibition on manufacturing, export, and import of general lighting fluorescent lamps (end of 2027)
• Diversification of revenue sources through the new business of Quartz Glass Component Processing & Manufacturing for semiconductor manufacturing equipment makers
• Expected recovery in sales through order acquisition following the completion of development and evaluation of industrial LED-related products
• Creation of synergies by combining Phoenix Electric's light source technology with Nakan Techno's equipment technology and sales capabilities

Risks

• Risk of failure to secure orders for and delays in development of industrial LED-related products (this materialized in FY2025, ended March 2025, resulting in a loss)
• Risk of market contraction and weak sales for General Lighting LED and Halogen Lamps
• Risk of sales concentration in major customers (such as V Technology Co., Ltd.)
• Risk of fluctuations in demand for exposure equipment lamps due to capital expenditure restraint in Asian markets, primarily China
• Risk of difficulty securing skilled engineers in Quartz Glass Component Processing & Manufacturing
• Risk of deterioration in the business environment in key markets (China and Asia) due to the intensification of US-China tensions and expanding geopolitical risk