Optical circuits using nanophotonic devices attract significant interest due to its ultra-high speed operation. As a consequence, the synthesis methods for the optical circuits also attract increasing attention. However, existing methods for synthesizing optical circuits mostly rely on straight-forward mappings from established data structures such as Binary Decision Diagram (BDD). The strategy of simply mapping a BDD to an optical circuit sometimes results in an explosion of size and involves significant power losses in branches and optical devices. To address these issues, this paper proposes a method for reducing the size of BDD-based optical logic circuits exploiting wavelength division multiplexing (WDM). The paper also proposes a method for reducing the number of branches in a BDD-based circuit, which reduces the power dissipation in laser sources. Experimental results obtained using a partial product accumulation circuit used in a 4-bit parallel multiplier demonstrates significant advantages of our method over existing approaches in terms of area and power consumption.