Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Emerging Growth Research Initiates Coverage on SBC Medical Group Holdings, Inc. with Buy-Extended Rating and $9.00 Price Target

By: Newsfile

New York, New York--(Newsfile Corp. - September 4, 2025) - Emerging Growth Research today announced the initiation of coverage on SBC Medical Group Holdings, Inc. (NASDAQ: SBC) with a Buy-Extended rating and a 12-month price target of $9.00, more than double the Company's recent closing price of $4.06.

The initiation report highlights SBC's dominant position in Japan's cosmetic treatment industry, its strong cash position, and growing global expansion strategy, while also acknowledging near-term revenue pressures due to pricing competition in the domestic market.

Key Highlights from the Initiation Report:

  • Market Leadership: SBC operates 259 clinics across Japan, Vietnam, and Singapore, with over 6.3 million annual patient visits and a 72% repeat rate, making it the largest player in Japan's fragmented cosmetic treatment industry.
  • Global Expansion: The Company is executing an international strategy with recent acquisitions in Singapore, new senior hires from Amazon, Rakuten, and P&G, and plans for further expansion in Southeast Asia and the U.S.
  • Strong Balance Sheet: As of Q2:25, SBC held $153 million in cash against just $7 million in long-term debt. Net cash represents ~35% of SBC's market capitalization.
  • Revenue Trends: Q2:25 revenue was $43.4 million, down (18)% year-over-year, primarily due to revised franchising fees and the exit from staffing services. Underlying procedure volumes grew, supported by a 16% increase in clinic count.
  • Valuation Opportunity: Despite short-term headwinds, Emerging Growth Research views SBC as heavily undervalued. A DCF analysis implies a fair value of $9.19 per share, rounded down to the $9.00 price target.

According to Emerging Growth Research's analysis, while near-term growth is expected to remain pressured through early 2026, SBC's long-term prospects are compelling. The Company's ample liquidity, franchise-based business model with 70%-75% gross margins, and aggressive M&A strategy position it as a leading consolidator in the global cosmetic treatment industry.

For a copy of the full initiation report, please visit:

or

About SBC Medical Group Holdings, Inc.
Founded in 2000 as Shonan Beauty Clinic in Japan, SBC Medical Group Holdings, Inc. (NASDAQ: SBC) has grown into a leading global healthcare management company specializing in cosmetic treatments. Through its franchise model, SBC operates across dermatology, aesthetic surgery, hair removal, orthopedics, ophthalmology, fertility, dentistry, and related services. With operations concentrated in Japan and growing footprints in Vietnam and Singapore, SBC continues to pursue international expansion.

For more information, please visit https://sbc-holdings.com/en.

Forward-Looking Statements
This press release contains forward-looking statements concerning business operations and financial performance as well as plans, objectives, and expectations for SBC Medical Group Holdings, Inc. that are subject to risks and uncertainties. All statements other than statements of historical fact are forward-looking statements. These include but are not limited to statements regarding revenue trends, margin expectations, M&A expansion strategy, and the timing of anticipated growth in 2026 and beyond. Actual results could differ materially due to competitive, regulatory, operational, or market risks.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265106

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.