Hoya Announces Second Quarter Financial Results under IFRS

  Hoya Announces Second Quarter Financial Results under IFRS

Business Wire

TOKYO -- October 31, 2013

Hoya Corporation (TOKYO:7741) today announced financial results for the second
quarter ended September 30, 2013. The full reports are available at:
http://www.hoya.com/investor/

During the quarter, revenues increased 9.8% to 102,236 million yen year on
year. Profit before tax decreased 0.3% to 15,972 million yen, and profit for
the quarter was down 12.0% to 12,773 million yen. Profit attributable to
owners of the company was down 12.0% to 12,729 million yen. The decrease in
profits was due to the insurance income of 5,043 million yen recorded in the
same quarter last year for the Thai flooding.

For the six months ended September 30, 2013, revenues were up 9.1% to 202,661
million yen, and profit before tax was down 13.8% to 36,095 million yen.
Profit for the term was down 33.5% to 25,107 million yen, and profit
attributable to owners of the company was down 33.6% to 25,030 million yen
year on year. The insurance income of 16,080 million yen for the Thai flooding
and gains of 2,238 million yen related to the phased acquisition of shares of
subsidiary were recorded in the same term last year.

"Representing 60% of the Group sales and profit this quarter, The Life Care is
becoming our major business,” said Hiroshi Suzuki, chief executive officer of
HOYA, “On a currency-neutral basis, the Life Care could not fully cover the
Information Technology segment, however the profitability of IT segment seems
to have hit bottom in the first half and with the Life Care growth, our
profitability will be on an upward trend.”

HOYA also announced the interim dividends of 30 yen per share of common stock.


Summary of Consolidated Financial Statement
(Millions of Yen: Rounded to the nearest million)
                Three months ended  Variance  Six months ended   Variance
               9/12      9/13     (%)       9/12     9/13     (%)
Revenue           93,103    102,236   9.8        185,717  202,661   9.1
Profit before     16,016     15,972    -0.3       41,896    36,095    -13.8
tax
Profit for        14,514     12,773    -12.0      37,748    25,107    -33.5
the term
Profit
attributable      14,469     12,729    -12.0      37,684    25,030    -33.6
to owners of
the company
Basic
earnings per    33.53     29.50             87.34    58.00    
share(yen)
*Results are preliminary and unaudited.


About HOYA

Founded in 1941 in Tokyo, Japan, Hoya is a global technology company and the
leading supplier of innovative and indispensable Life Care/high-tech products
based upon its advanced optics technologies. Hoya is active in two main
segments: the Life Care providing indispensable products to improve people’s
QOL including medical endoscopes, eyeglass lenses, and intraocular lenses, and
the Information Technology providing key components and imaging products for
the semiconductor devices, PCs, and mobile devices. Hoya now has over 100
subsidiaries and employs approximately 32,000 people worldwide. For more
information, please visit www.hoya.com/

Contact:

HOYA Group Corporate Communications
Akiko Chiba, 813-5913-2307 (direct)
Nakano Central Park Bldg. 6F
4-10-2 Nakano, Nakano-ku, Tokyo, JAPAN
akiko.chiba@mb.hoya.co.jp