HOYA (7741) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 FY2024 rose 13.8% year-over-year to ¥214.7 billion, driven by recovery in Life Care and strong Information Technology demand.

• Profit before tax declined 1.2% to ¥62.8 billion due to foreign exchange losses, despite higher sales.

• Net income attributable to owners increased 11.6% to ¥52.9 billion; EPS rose to ¥152.02.

• For the first half, revenue grew 15.5% to ¥428.4 billion and profit before tax increased 10.7% to ¥127.0 billion.

Financial highlights

• Q2 operating cash flow was ¥69.7 billion, up from ¥58.9 billion year-over-year; free cash flow reached ¥67.8 billion.

• Cash and cash equivalents at period end were ¥546.4 billion, up from ¥465.6 billion a year earlier.

• Total assets at September 30, 2024, were ¥1,214.6 billion; equity attributable to owners was ¥962.6 billion.

• Interim dividend set at ¥45 per share, with a year-end dividend TBD.

Outlook and guidance

• Full-year revenue and profit forecasts remain unchanged from August 1, 2024, as current trends align with prior guidance.