2015 All-Japan Research Team: Electronics/Precision Instruments, No. 2: Tetsuya Wadaki
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2015 All-Japan Research Team: Electronics/Precision Instruments, No. 2: Tetsuya Wadaki

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Claiming his second straight No. 2 finish is Nomura’s Tetsuya Wadaki.

< The 2015 All-Japan Research Team

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Tetsuya Wadaki

Nomura

First-place appearances: 1


Total appearances: 12


Analyst debut: 2004


Claiming his second straight No. 2 finish is Nomura’s Tetsuya Wadaki, whom one fund manager describes as being “always helpful to investors.” Another client credits the analyst’s “wide knowledge of semiconductor production technology.” With foundries and memory producers at the forefront of semiconductor production equipment demand, Wadaki, 46, is focused in the medium term on companies in this group that boast multipatterning and multigate technology expertise. One such name, he says, is Kanagawa-based Lasertec Corp., which is seeing a rise in the application of its Clios system, designed to inspect finely patterned, large photomasks used to produce high-definition flat panel displays. “A shift to higher tablet and smartphone display resolutions requires finer patterns on FPD masks,” he explains, “with the result that conventional inspection systems are no longer sufficient.” Hitachi High-Technologies Corp. is an additional specialist the researcher favors. The semiconductors space is moving to introduce multipatterning technology in making chips, and that requires multiple etching stages. This trend is a positive for the Tokyo-headquartered manufacturer of etching systems, he says. In the printer subsector, Wadaki notes, the office equipment market is maturing and providers need to develop products that create new markets. Seiko Epson Corp. is one player that is doing just that. Management at the Nagano-based company has withdrawn from the low-priced product range and is concentrating on its high-capacity ink tank models, he explains.



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