HOYA CORPORATION ( (HOCPF) ) has released its Q1 earnings. Here is a breakdown of the information HOYA CORPORATION presented to its investors.
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HOYA Corporation is a Japanese multinational company specializing in optical products, including healthcare and information technology solutions. In its latest earnings report for the first quarter of 2025, HOYA Corporation reported a steady increase in revenue and profits, signaling a positive start to the fiscal year. The company’s revenue grew by 3.1% to 220,406 million yen, while profit before tax rose by 4.9% to 67,363 million yen. The Life Care segment saw a notable increase in segment profit before tax by 37.9%, driven by strong sales of eyeglass and contact lenses, despite sluggish sales in China. The Information Technology segment also experienced growth, with a 5.6% increase in revenue, supported by stable demand for electronics and imaging products. Looking ahead, HOYA Corporation remains cautiously optimistic, projecting continued growth in revenue and profit for the first half of the fiscal year, with expectations of a 3.6% increase in revenue and a 6.3% rise in profit before tax.