ENTITY · hamamatsu
Hamamatsu Photonics6965
Japan·photonics optics·leader·$5.0B mkt cap
Leading maker of photonic devices, sensors, and light sources.
WATCH · 40–69
45/100 illustrative
Underwriting Thesis
WATCH — Hamamatsu Photonics: sole-source / single-point-of-failure dominance compounded by criticality to DoD-exposed downstream programs in photonics optics. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration18
Sole-Source Dependence65
Sanctions Exposure45
Downstream Criticality59
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Shortest paths → DoD-exposed firms
- Scale AI · 2 hops · $105.6MHamamatsu Photonics → NVIDIA → Scale AI
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 3
- CoherentUnited StatesDOMESTIC
- Lumentum HoldingsUnited StatesDOMESTIC
- BroadcomUnited StatesDOMESTIC
Key Customers · downstream · 3
- NVIDIAUnited StatesDOMESTIC
- Arista NetworksUnited StatesDOMESTIC
- Cisco SystemsUnited StatesDOMESTIC