HOYA (7741) Q4 2025 earnings summary

Executive summary

• Achieved double-digit revenue growth for FY24, driven by strong IT business demand and recovery in Life Care.

• Both sales and profits reached record highs, with Life Care rebounding from an IT incident and yen depreciation boosting results.

• Operating profit increased due to efficient IT operations and improved Life Care profitability.

Financial highlights

• FY24 Q4 revenue: ¥216.8 bn (+10% YoY, CC +11%), operating profit: ¥65.7 bn (+24% YoY, CC +24%), pretax profit: ¥67.7 bn (-6% YoY, CC -6%).

• FY24 full-year revenue: ¥866 bn (+14% YoY, CC +11%), operating profit: ¥255.8 bn (+22% YoY, CC +19%), pretax profit: ¥260 bn (+10% YoY, CC +7%).

• Life Care Q4 revenue: ¥140.3 bn (+2% YoY, CC +3%), operating profit margin reached 20%.

• IT business Q4 revenue: ¥80.4 bn (+38% YoY, CC +38%), operating profit margin 52.7%.

Outlook and guidance

• Plans to open ~15 new eyecity stores per year from FY25, aiming for dominant market share in Japan.

• FPD segment expects gradual recovery in demand for OLED and display-related products in FY25.

• Ongoing focus on M&A and internal development to strengthen both ophthalmology and IT business lines.