HOYA (7741) Q2 2026 earnings summary

Executive summary

• Achieved record quarterly revenue of ¥234.5 billion, up 9.2% year-over-year, and operating profit of ¥70.2 billion, driven by strong performance in both Life Care and Information Technology segments.

• Profit before tax rose 14.5% to ¥71.9 billion, with net profit attributable to owners increasing 4.7% to ¥55.4 billion and basic EPS at ¥161.96.

• For the first half, revenue increased 6.2% to ¥454.9 billion and profit before tax rose 9.7% to ¥139.3 billion.

Financial highlights

• Q2 gross margin improved, with profit before tax margin rising to 30.7% and net profit margin at 23.4%.

• Free cash flow for Q2 was ¥100.3 billion, up from ¥67.8 billion a year earlier.

• Cash and cash equivalents at period end reached ¥596.4 billion; total assets increased to ¥1,283.4 billion.

• ROIC stood at 20.8%.

Outlook and guidance

• Continued focus on tailored market strategies, product innovation, and expansion in high-growth areas such as smart glasses and advanced semiconductor applications.

• Ongoing store expansion and new product launches expected to drive further growth in Life Care.

• Management highlights ongoing investments in R&D and capital expenditure.