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Hoya Announces Third Quarter Financial Results under IFRS

  Hoya Announces Third Quarter Financial Results under IFRS

Business Wire

TOKYO -- January 31, 2013

Hoya Corporation (TOKYO: 7741) today announced financial results for the third
quarter ended December 31, 2012. The full reports are available at:
http://www.hoya.co.jp/english/investor/investor_09_25.html

During the quarter, revenues from all operations increased 8.6% to 90,682
million yen, and profit before tax increased 164.3% to 17,634 million yen.
Profit for the term was up 215.3% to 10,329 million yen year on year. This
significant increase in profit is due to the recording of tremendous expenses
in the same period last year suffered from the Thai flooding. Profit
attributable to owners of the company was up 217.1% to 10,293 million yen.

For the nine months ended December 31, 2012, revenues from all operations were
down 4.5% to 276,399 million yen, while profit before tax was up 45.3% to
59,402 million yen. Profit for the term was up 53.8% to 48,003 million yen
year on year, and profit attributable to owners of the company was up 54.1% to
47,903 million yen. This significant increase in profit is due to the
recording of 17,912 million yen of insurance income this year in the form
compensation for the fixed assets and for the lost profit suffered from the
Thai flooding.

"Eyeglass lens business is recovering, though the demand for optical lenses
and HDD glass disks are still weak," said Hiroshi Suzuki, chief executive
officer of HOYA. "What I must do is to accelerate the pace of growth more in
Life Care business."

                                                                 
Summary of Consolidated Financial Statement
(Millions of Yen : Rounded to the nearest million)
                Three months ended   Variance   Nine months ended     Variance
               December 31,                    December 31,
                2011      2012      (%)        2011       2012      (%)
Revenue         83,479     90,682    8.6        289,415     276,399   -4.5
Profit before   6,672      17,634    164.3      40,869      59,402    45.3
tax
Profit for      3,276      10,329    215.3      31,205      48,003    53.8
the term
Profit
attributable    3,246      10,293    217.1      31,082      47,903    54.1
to owners of
the company
Basic
earnings per   7.52      23.86    -         72.05      111.02   -
share (yen)
*Figures for the nine months ended December 2011 are including discontinued
operations.
*Results are preliminary and unaudited.
                                                                      

Hoya also announced the projected results for the fiscal year ending March 31,
2013. Hoya forecasts revenues of 364 billion yen (down 3.4% compared to
376,940 billion yen for all operations in the previous year), profit before
tax of 69 billion yen (up 17.9%) and profit for the term of 55 billion yen (up
28.9%).

About Hoya

Founded in 1941 in Tokyo, Japan, Hoya is a global technology company and the
leading supplier of innovative and indispensable high-tech/medical products
based upon its advanced optics technologies. Hoya provides mask blanks and
photomasks for the semiconductor devices and liquid crystal panels, optical
lenses, glass memory disks for HDDs, medical endoscopes, eyeglass lenses, and
operates retail shops for contact lenses. Hoya now has over 100 subsidiaries
and employs approximately 36,400 people worldwide. For more information,
please visit http://www.hoya.co.jp/english/index.html

Contact:

Hoya Group
Akiko Maeyama / Naoji Ito, +81-3-3232-0065
Corporate Communications
HOYA-pr@mb.hoya.co.jp
 
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