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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 JPYUSD
Gross Profit567,053M4,184.35M
Operating income208,164M1,536.06M
Income before tax215,749M1,592.03M
Net income168,638M1,244.40M
Diluted EPS469.473.46
Dividends Per Share1100.81
Total Assets1,028.32B7,726.54M
Total liabilities213,722M1,605.84M
Total equity818,321M6,148.62M
Operating cash flow201,829M1,489.32M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 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 2019Mar 2020Mar 2021Mar 2022Mar 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
Operating margin28.76%
Profit margin23.30%

Key executives

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


  • 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%)
  • First Sentier Investors (Australia) IM Ltd. (1.0%)

Contact Details

  • Website:
  • Address: Nittochi Nishishinjuku Building 20/F, 6-10-1 Nishi-Shinjuku, Tokyo, 160-8347, Japan
  • Phone: +81.3.6911.4811

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Last Updated on 30 May, 2023

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