Hoya Reports Third Quarter Financial Results: Record High Revenues
2018年1月30日 - 07:29PM
ビジネスワイヤ(英語)
Hoya Corporation (TOKYO:7741) today announced financial results
for the third quarter ended December 31, 2017.
During the quarter, revenues for the HOYA Group increased 11.6%
year on year, reaching 136,759 million yen. Profit growth in
conjunction with higher revenues led to quarterly profit before tax
of 34,683 million yen with 27,727 million yen in profit,
representing increases of 6.8% and 10.6%, respectively.
In the Life Care segment, sales of eyeglass lenses rose 16% on a
currency-neutral basis in response to business acquisitions and
strong sales growth in the Americas. Sales of contact lenses
increased, driven by ongoing new store openings. Medical endoscopes
sold well throughout Asia, however, tough competition in the U.S.
and Europe led to overall sales level with the same period last
year. Intraocular lens sales grew 16% on a currency-neutral basis,
mainly due to the introduction of new products. As a result, sales
of the Life Care segment reported 90,113 million yen, up 14.5% year
on year.
In the Information Technology segment, sales for semiconductor
mask blanks rose in response to strong demand for cutting-edge
products whereas sales of photomasks for LCDs were level year on
year. Sales of glass substrates for hard disk drives remained level
year on year due to continued high general demand. Imaging-related
product sales increased 11% on a currency-neutral basis, due to a
steady demand for digital camera and security camera. As a result,
revenues for the Information Technology segment reported 45,466
million yen, up 5.9% year on year.
"I am encouraged with our steady progress in the Information
Technology segment thanks to sales increase of 3.5 inch glass disk
for hard disk drives," said Hiroshi Suzuki, chief executive officer
of HOYA. “In the Life Care segment, we will continue to focus on
the growth while securing profit.”
Hoya also announced the projected results for the fiscal year
ending March 31, 2018. Hoya forecasts revenues of 535 billion yen
(up 11.7% compared to the previous year), pre-tax profit of 128
billion yen (up 15.5%) and profit for the term of 104 billion yen
(up 19.7%).
Summary of Consolidated Financial
Statement
(Millions of Yen: Rounded to the nearest million) Three
months ended Variance Nine months ended
Variance Dec. 2016 Dec. 2017 (%) Dec. 2016
Dec. 2017 (%) Revenue 122,594 136,759 11.6
352,623 399,689 13.3 Profit before tax 32,475 34,683 6.8
86,386 98,098 13.6 Profit for the term 25,080 27,727 10.6 67,877
79,687 17.4 Basic earnings per share(yen) 64.59 72.44
173.11 207.22
*Results are preliminary and
unaudited.
The full reports are available at: www.hoya.com
About HOYA
Founded in 1941 in Tokyo, Japan, Hoya is a global med-tech
company and the leading supplier of innovative high-tech and
medical products. Hoya is active in the fields of healthcare and
information technology providing eyeglasses, medical endoscopes,
intraocular lenses, optical lenses as well as key components for
semiconductor devices, LCD panels and HDDs. With over 150 offices
and subsidiaries worldwide, Hoya currently employs a multinational
workforce of over 36,000 people. For more information, please visit
http://www.hoya.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180130005621/en/
Hoya GroupAkiko Chiba, +81-3-6911-4824Public
RelationHOYA-pr@hoya.com