News Feed Item

Hoya Announces Third Quarter Financial Results under IFRS

Hoya Corporation (TOKYO: 7741) today announced financial results for the third quarter ended December 31, 2012. The full reports are available at: http://www.hoya.co.jp/english/investor/investor_09_25.html

During the quarter, revenues from all operations increased 8.6% to 90,682 million yen, and profit before tax increased 164.3% to 17,634 million yen. Profit for the term was up 215.3% to 10,329 million yen year on year. This significant increase in profit is due to the recording of tremendous expenses in the same period last year suffered from the Thai flooding. Profit attributable to owners of the company was up 217.1% to 10,293 million yen.

For the nine months ended December 31, 2012, revenues from all operations were down 4.5% to 276,399 million yen, while profit before tax was up 45.3% to 59,402 million yen. Profit for the term was up 53.8% to 48,003 million yen year on year, and profit attributable to owners of the company was up 54.1% to 47,903 million yen. This significant increase in profit is due to the recording of 17,912 million yen of insurance income this year in the form compensation for the fixed assets and for the lost profit suffered from the Thai flooding.

"Eyeglass lens business is recovering, though the demand for optical lenses and HDD glass disks are still weak," said Hiroshi Suzuki, chief executive officer of HOYA. "What I must do is to accelerate the pace of growth more in Life Care business."


Summary of Consolidated Financial Statement

(Millions of Yen : Rounded to the nearest million)

  Three months ended December 31, Variance


Nine months ended December 31, Variance


2011   2012 2011   2012
Revenue 83,479 90,682 8.6 289,415 276,399 -4.5
Profit before tax 6,672 17,634 164.3 40,869 59,402 45.3
Profit for the term 3,276 10,329 215.3 31,205 48,003 53.8
Profit attributable to owners of the company 3,246 10,293 217.1 31,082 47,903 54.1
Basic earnings per share (yen)   7.52   23.86   -   72.05   111.02   -

*Figures for the nine months ended December 2011 are including discontinued operations.

*Results are preliminary and unaudited.


Hoya also announced the projected results for the fiscal year ending March 31, 2013. Hoya forecasts revenues of 364 billion yen (down 3.4% compared to 376,940 billion yen for all operations in the previous year), profit before tax of 69 billion yen (up 17.9%) and profit for the term of 55 billion yen (up 28.9%).

About Hoya

Founded in 1941 in Tokyo, Japan, Hoya is a global technology company and the leading supplier of innovative and indispensable high-tech/medical products based upon its advanced optics technologies. Hoya provides mask blanks and photomasks for the semiconductor devices and liquid crystal panels, optical lenses, glass memory disks for HDDs, medical endoscopes, eyeglass lenses, and operates retail shops for contact lenses. Hoya now has over 100 subsidiaries and employs approximately 36,400 people worldwide. For more information, please visit http://www.hoya.co.jp/english/index.html

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Daniel Jones is CTO of EngineerBetter, helping enterprises deliver value faster. Previously he was an IT consultant, indie video games developer, head of web development in the finance sector, and an award-winning martial artist. Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams.
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Since we launched LinuxONE we learned a lot from our customers. More than anything what they responded to were some very unique security capabilities that we have," explained Mark Figley, Director of LinuxONE Offerings at IBM, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
I love the beginning of the year. It is always enjoyable to see people's predictions for trends in the coming year. Publications like Fortune, CNN Money, Washington Post and the Atlantic speculate about what gadgets and technologies are going to take off in popularity this year, psychics predict which celebrities will have babies and fall in love, and I start to think about trends like DevOps and where the software delivery industry is headed next.CollabNet, Eric Robertson, predicted.
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.