HOYA : Presentation for the three months ended June 30, 2019 (with memo)

FY19Q1

Financial Results

July 30, 2019@Station Conference Tokyo

7741.T[ADR:HOCPY US] HOYA CORPORATION

[With Memo]

Please be aware that this memo is posted for reference and is not a verbatim record of all statements made at the meeting.

© 2019 HOYA CORPORATION All Rights Reserved

1. Financial Results [Ryo Hirooka, CFO]

• 2. IT Business Overview

• 3. Life Care Business Overview

• 4. Summary

• 5. Q&A

© 2019 HOYA CORPORATION All Rights Reserved

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➢Revenue amounted to ¥140.8 billion, up ¥1.9 billion (+1%) year on year ➢Quarterly profit before tax was ¥37.0 billion, up ¥1.8 billion (+5%) ➢Profit for the quarter amounted ¥30.1 billion, up ¥1.7 billion (+6%)

➢A significant fluctuation in the valuation of the yen during this quarter impacted results ➢Assuming exchange rates level with the same period in the prior year, real sales growth would have been ¥4.1 billion (+3%)

➢Meanwhile, foreign exchange had little or no appreciable impact on profits

➢The impact of foreign currency exchange on quarterly profit before tax was a -¥100 million; in real terms growth was ¥2.0 billion (+6%)

Notes RE: Special Items

Comprehensive Income Statement

Due to applying a new lease accounting policy etc., D&A increased while other expenses decreased.

© 2019 HOYA CORPORATION All Rights Reserved

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Q1 FY18	Q1 FY19	YoY
139.9	142.4	+2.5
104.7	105.4	+0.7
D&A	6.8	8.4	+1.5
Other Expenses	30.1	28.6	-1.5
Pretax Profit	35.2	37.0	+1.8

(¥bn)

Income

Expenses

➢ The application of new lease accounting standards resulted in additional amounts of depreciation and other expenses ➢ Depreciation increased due to an increase in lease assets; however, other expenses (office and store rents, etc.) decreased ➢ While the impact was not significant, foreign exchange loss was ¥1.8 billion, ¥1.4 billion yen higher year on year