Hoya Corp. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Fourth Quarter and Full Year Ending March 31, 2019
February 31, 2019 at 09:00 pm EST
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Hoya Corp. announced consolidated earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, the company reported total revenue of ¥45,105 million against ¥139,368 million a year ago. Profit for the term from all operations was ¥33,143 million against ¥27,727 million a year ago. Profit attributable to owners of the company was ¥33,162 million or ¥72.44 per basic share against ¥27,837 million or ¥87.31 per basic share a year ago. Diluted EPS was ¥72.29 against ¥87.15 a year ago.
For the nine months, the company reported total revenue of ¥428,778 million against ¥404,090 million a year ago. Profit for the term from all operations was ¥92,863 million against ¥79,687 million a year ago. Profit attributable to owners of the company was ¥93,000 million or ¥244.95 per basic share against ¥80,122 million or ¥207.22 per basic share a year ago. Diluted EPS was ¥244.49 against ¥206.72 a year ago.
The company provided earnings guidance for the year ending March 31, 2019. For the period, the company expects revenue of ¥564,000 million, profit for the term of ¥120,200 million and profit attributable to owners of the company of ¥120,200 million or ¥316.54 per basic share.
The company provided earnings guidance for the fourth quarter ending March 31, 2019. For the period, the company expects revenue of ¥139,666 million, profit for the term of ¥27,337 million and profit attributable to owners of the company of ¥27,200 million or ¥71.59 per basic share.
Hoya Corporation specialises in the manufacture and commercialisation of optical products. Net sales break down by business segment as follows:
- health (66%): manufacturing of health care products (75.4% of sales; eyeglass lenses and contact lenses) and medical products (24.6%; endoscopes, medical accessories, intraocular lenses, artificial bones and metal implants for orthopedics);
- information technology (33.1%): manufacturing of electronic products (78.2% of sales; photomasks for semiconductors, masks and devices for LCD screens and hard disks) and imaging products (21.8%; optical lenses, optical glasses and laser equipment);
- other (0.9%).
Net sales are distributed geographically as follows: Japan (28.9%), China (8.2%), Asia (24.7%), Europe (19.3%), the United States (15.1%), the Americas (2.4%) and others (1.4%).
Hoya Corp. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Fourth Quarter and Full Year Ending March 31, 2019
HOYA CORPORATION 
