HOYA (7741) investor relations material

Executive summary

• Consolidated revenue grew by 16% year-over-year to ¥255,742 million, with both Life Care and Information Technology businesses contributing to double-digit growth.

• Operating profit increased by 24%–30% year-over-year, reaching a record high of ¥82,626 million, outpacing revenue growth.

• Profit for the quarter rose 28.1% year-over-year to ¥65,835 million, reflecting improved profitability and robust segment performance.

• Growth was driven by higher sales of high-value-added products, robust demand, and favorable foreign exchange impacts.

Financial highlights

• Revenue: ¥255.7 billion, up 16% year-over-year (constant currency +7%).

• Operating profit: ¥82.4–82.6 billion, up 24%–30% year-over-year (constant currency +17%).

• Pretax profit: ¥86.0 billion, up 28% year-over-year (constant currency +20%).

• Free cash flow for the quarter was ¥62,894 million, up from ¥45,490 million a year earlier.

• Cash and cash equivalents at quarter-end stood at ¥555,494 million.

Outlook and guidance

• Double-digit revenue and operating profit growth expected for both Life Care and Information Technology businesses in Q2 and H1 FY26.

• FY26 H1 revenue guidance: ¥521.0 billion (+14.5%–15% YoY); operating profit: ¥165.0 billion (+21%–25.2% YoY); pretax profit: ¥170.0 billion (+22% YoY).

• Sequentially, revenue is expected to rise 3.7% in the next quarter, with profit for the term projected to be stable.

• Key growth drivers include eyeglass lenses, EUV blanks, HDD substrates, and optical solutions.