Financial Results Briefing FY2020 Ended March 31, 2021

QD Laser, Inc.

May 2021

Copyright © 2021 QD Laser, Inc., All Rights Reserved.

Mission

With the power of the semiconductor laser, "I can't" becomes "I can".

Contents

  1. Financial Results for FY2020
  2. Financial Forecast for FY2021
  3. Semiconductor Laser Devices
  4. Laser Retinal Projection
  5. Further Growth Upside Expected

What was once thought to be impossible is now a reality;

we have become the only company in the world

to successfully mass produce Quantum Dot LASERs.

Our laser technology will enable

dramatic improvements in our ability to process information, support visually impaired people, prevent eye diseases,

and enhance vision, continually pushing the boundaries of human possibility.

1

Financial Results for FY2020

Financial Results Highlights for FY2020 vs FY2019

18% Sales Growth

Orders increased for the laser device business due to the diminished impact of the US-China trade conflict, especially DFB lasers for high- precision processing, compact visible lasers for biosensors, and high- power lasers for sensors.

552 Million JPY Operating Loss Improved

Operating loss improved owing to the completion in the development of "RETISSA Display II".

360 Million JPY Net Loss Improved

The asset impaired in the laser eyewear manufacturing equipment, assuming the delay of recovering investment due to the COVID-19 infection.

3

Financial Results Highlights for FY2020 vs FY2019

Sales Growth and Operating Loss Improved

18% sales growth driven by the laser device business, and 552 million JPY operating loss improved due to the reduced development cost of the laser eyewear.

Performance Summary

FY2020

FY2019

FY2020

Disparity

(Million JPY)

YOY

vs

Results

Results

Forecast

Forecast

Sales

895

756

+18%

974

△8%

(+138)

(△79)

Operating

△654

△1,207

+552

△688

+34

Loss

Ordinary

△707

△1,225

+517

△740

+33

Loss

Net Loss

△879

△1,240

+360

△904

+25

Sales by Product Group

(Million JPY)

FY2020

FY2019

YOY

DFB Laser

253

200

+15%

Compact Visible

97

87

+11%

Laser

High-Power Laser

218

165

+32%

Quantum Dot

137

141

△3%

Laser

NRE

124

33

+276%

Others

8

19

△58%

LD Total

841

668

+26%

LEW Total

54

87

△38%

Grand Total

895

756

+18%

*1: Published in Feb. 12, 2012

4

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Disclaimer

QD Laser Inc. published this content on 19 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2021 06:03:02 UTC.