Health Technology

HOYA Corp.

Business Summary

HOYA Corp. engages in the manufacture and sale of imaging products, electronics, and medical-related equipment. It operates through the following segments: Information Technology, Life Care, and Others. The Information Technology segment develops, sells and produces input and output (I/O) device related products for the information & communications sector, including imaging, modern digital information and communications technology related products. The Life Care segment produces and sells health care & medical related products. The Others segment includes the information system services and business contracts. The company was founded by Shigeru Yamanaka and Shoichi Yamanaka on November 1, 1941 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	723,582M	5,339.40M
Gross Profit	567,053M	4,184.35M
Operating income	208,164M	1,536.06M
Income before tax	215,749M	1,592.03M
Net income	168,638M	1,244.40M
EBITDA	257,779M	1,902.18M
Diluted EPS	469.47	3.46
Dividends Per Share	110	0.81
Total Assets	1,028.32B	7,726.54M
Total liabilities	213,722M	1,605.84M
Total equity	818,321M	6,148.62M
Operating cash flow	201,829M	1,489.32M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	565,810M	576,546M	547,921M	661,466M	723,582M
Gross Profit	449,786M	443,113M	424,215M	511,049M	567,053M
Operating income	219,686M	220,415M	225,027M	272,616M	208,164M
Income before tax	144,657M	147,268M	159,587M	210,751M	215,749M
Net income	122,103M	114,406M	125,446M	164,507M	168,638M
EBITDA	246,120M	254,807M	261,363M	315,635M	257,779M
Diluted EPS	320.95	302.73	335.24	445.92	469.47
Dividends Per Share	90	90	90	110	110
Total Assets	763,915M	811,008M	853,290M	992,839M	1,028.32B
Total liabilities	136,209M	181,744M	180,878M	203,784M	213,722M
Total equity	623,155M	645,042M	688,001M	803,851M	818,321M
Operating cash flow	146,588M	163,366M	151,812M	190,055M	201,829M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	5,102.22M	5,302.75M	5,166.26M	5,886.35M	5,339.40M
Gross Profit	4,055.97M	4,075.51M	3,999.86M	4,547.80M	4,184.35M
Operating income	1,981.03M	2,027.25M	2,121.74M	2,425.99M	1,536.06M
Income before tax	1,304.45M	1,354.49M	1,504.72M	1,875.46M	1,592.03M
Net income	1,101.07M	1,052.24M	1,182.81M	1,463.94M	1,244.40M
EBITDA	2,219.40M	2,343.57M	2,464.35M	2,808.82M	1,902.18M
Diluted EPS	2.89	2.78	3.16	3.96	3.46
Dividends Per Share	0.81	0.82	0.84	0.97	0.81
Total Assets	6,901.70M	7,512.46M	7,722.08M	8,179.93M	7,726.54M
Total liabilities	1,230.60M	1,683.51M	1,636.90M	1,678.96M	1,605.84M
Total equity	5,629.98M	5,975.10M	6,226.25M	6,622.87M	6,148.62M
Operating cash flow	1,321.86M	1,502.55M	1,431.41M	1,691.29M	1,489.32M

Valuation Measures

Mar 2023
PER	30.99
ROA	16.68%
ROE	20.79%
Operating margin	28.76%
Profit margin	23.30%

Key executives

Chief Executive Officer & Representative Director: Eiichiro Ikeda
CFO & Representative Executive Officer: Ryo Hirooka
Chief Legal Officer & Executive Officer: Augustine G. Yee

Shareholders

Nomura Asset Management Co., Ltd. (5.8%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.5%)
Fidelity Management & Research Co. LLC (3.6%)
Nikko Asset Management Co., Ltd. (2.6%)
The Vanguard Group, Inc. (2.5%)
Daiwa Asset Management Co. Ltd. (2.3%)
BlackRock Fund Advisors (1.9%)
Norges Bank Investment Management (1.6%)
YAMANAKA MOTOKO (1.2%)
First Sentier Investors (Australia) IM Ltd. (1.0%)

Contact Details

Website:http://www.hoya.co.jp
Address: Nittochi Nishishinjuku Building 20/F, 6-10-1 Nishi-Shinjuku, Tokyo, 160-8347, Japan
Phone: +81.3.6911.4811

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Competitors

STERIS Plc
Alcon AG
Thai Optical Group Public Co. Ltd.
EssilorLuxottica SA
LightPath Technologies, Inc. Class A
Photronics, Inc.
STAAR Surgical Company
Shenzhen Qingyi Photomask Ltd. Class A
Check-Cap Ltd.
ILEX Medical Ltd.
Motus GI Holdings, Inc.

Last Updated on 30 May, 2023