HOYA CORPORATION ( (HOCPF) ) has released its Q4 earnings. Here is a breakdown of the information HOYA CORPORATION presented to its investors.
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HOYA Corporation is a multinational company engaged in the production and sale of health care and information technology products, operating primarily in the optical and medical fields. The company is known for its advanced technological capabilities and reliable quality control systems.
In its latest earnings report, HOYA Corporation reported a 13.6% increase in annual revenue, reaching 866,032 million yen. Despite this growth, the company’s profit before tax ratio slightly decreased from 31.0% to 30.0%. The company attributed its revenue growth to strong performance in its Information Technology segment, which saw a 36.3% increase in revenue.
Key financial metrics revealed a mixed performance. While the Information Technology segment experienced significant growth, the Life Care segment faced challenges, with a 25.3% decline in segment profit before tax. The company’s free cash flow improved to 201,921 million yen, and it maintained a strong cash position with cash and cash equivalents at 533,967 million yen by the end of the fiscal year.
Looking ahead, HOYA Corporation remains cautiously optimistic, focusing on enhancing capital efficiency and shareholder benefits. The company plans to continue its strategic investments and maintain its competitive edge in the global market.