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QD Laser surges limit-up on business collaboration with TDK Corporation <6762>, turns to profit forecast

Tue Jun 2, 2026 9:47 am JST Catalyst

Shares of QD Laser, Inc. <6613> rebounded sharply on Tuesday, surging by their 500 yen daily limit to 2,923 yen, snapping a two-day losing streak. The rally was ignited by an announcement after the close on Monday, June 1, that the company signed a business collaboration agreement with TDK Corporation <6762> to jointly develop next-generation RGB light source modules and optical engines for XR glasses, leveraging QD Laser's retinal projection technology. Under the agreement, QD Laser will also transfer certain related patent rights to TDK. Simultaneously, the company projected a turnaround for the fiscal year ending March 2027, revising its net income forecast to a profit of 441 million yen from a previously estimated loss of 58 million yen (compared to a loss of 357 million yen the prior year), triggering intense buying interest. The company expects to book roughly 500 million yen in extraordinary income from the patent transfer.

QD Laser's retinal projection technology directs images straight onto the retina using low-intensity laser light, providing advantages in miniaturization, low power consumption, and focus-free viewing over alternative display methods. Moving forward, the two companies plan to leverage the partnership to jointly advance research and market development.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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