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Hoya Corporation

Hoya Announces Fourth Quarter and Full-Year Financial Results

Tokyo, May 7, 2010 (ots/PRNewswire)

HOYA Corporation today announced
financial results for the fourth quarter and fiscal year ended March
31, 2010. Net sales were 104.8 billion yen for the quarter,
representing an increase of 26.4% from 82.9 billion yen in the same
period last year, mainly due to a recovery in orders in the main
business fields such as Electro-Optics, as well as the cost-reduction
achieved through structural reform.
Operating income for the fourth quarter was 17.3 billion yen
compared to operating loss of 60 million yen for the same period last
year. Net income for the fourth quarter was 11.8 billion yen, or
27.48 yen per share compared to net loss of 27.8 billion yen, or
64.30 yen per share of the fourth quarter last year.
For the fiscal year ended March 31, 2010, net sales fell 9.0%
over the previous fiscal year to 413.5 billion yen, however,
operating income was up 8.9% to 64.3 billion yen, and net income was
up 50.8% to 37.8 billion yen, due to an increase in profit in the
areas of Eye Care and Pentax. Earnings per share were 87.52 yen
compared with 58.01 yen in the last year.
"The Company was able to increase the full-year consolidated net
sales to 413.5 billion yen, exceeding 2.5 billion yen of the
projected results released on February 9, 2010." said Hiroshi Suzuki,
chief executive officer of HOYA. "The Eye Care segment such as
eyeglass lens business remains strong and is well-positioned in the
competitive market. Also a demand for glass disks exceeded our
prediction."
HOYA also announced year-end dividends forecast of 35 yen per
share of common stock. The annual dividend, including the interim
dividends of 30 yen per share, will amount to 65 yen per share. It
will be decided at the board of directors meeting in the end of May.
The full quarterly report is available in "Financial Statement"
page in HOYA website Investor Relations section at:
http://www.hoya.co.jp/english/
*Results are preliminary and unaudited.
*The yen amounts shown therein are rounded down to the nearest
100 million.
About Hoya Corporation
Hoya Corporation is a global technology company based in Tokyo,
Japan, and the leading supplier of innovative and indispensable
high-tech products and services based upon its advanced optics
technologies. Hoya is active in four fields of business: (1) Eye Care
- provides eyeglasses, operates retail shops for contact lenses, and
makes intraocular lenses for cataract surgery; (2) Life Care -
provides endoscopic system; (3) Electro-Optics - makes mask blanks
and photo masks for the semiconductor devices and LCD panels, optical
lenses for digital cameras, and glass memory disks for HDDs; and (4)
Imaging - produces SLR/compact digital cameras, interchangeable
lenses, lens modules and micro lenses. Hoya now has over 100
subsidiaries and affiliates, and employs more than 30,500 people
worldwide.

Contact:

CONTACT: Contact Information: Akiko Maeyama / Naoji Ito,
CorporateCommunications, Hoya Group, Tel: +81-3-3232-0065 /
e-mail:HOYA-pr@mb.hoya.co.jp

Plus de actualités: Hoya Corporation
Plus de actualités: Hoya Corporation
  • 09.02.2010 – 13:35

    Hoya Announces Third Quarter Financial Results

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