HOYA (7741) Q3 2026 earnings summary

Executive summary

• Achieved double-digit revenue growth in both Life Care and Information Technology businesses, with all key metrics—revenue, operating profit, and pretax profit—reaching record highs for Q3 FY25 compared to the same quarter last year.

• Revenue for the third quarter rose 10.8% year-over-year to ¥244.7 billion, with profit before tax up 69.9% to ¥110.8 billion and profit attributable to owners up 81.4% to ¥91.6 billion.

• Both Life Care and Information Technology segments contributed to growth, with significant one-time gains from a lower-than-expected acquisition cost and business transfers.

• Pretax profit surged due to one-off gains from the IOL JV in China, business transfers, and FX gains.

Financial highlights

• Q3 FY25 revenue: ¥244.7 bn (+11% YoY, +8% constant currency).

• Operating profit: ¥74.1 bn (+12% YoY, +11% constant currency).

• Pretax profit: ¥110.8 bn (+70% YoY, +68% constant currency).

• Basic earnings per share for the quarter increased to ¥270.54 from ¥145.35 year-over-year.

• Free cash flow for the quarter was ¥59.5 billion, and cash and cash equivalents at period end were ¥580.6 billion.

Outlook and guidance

• Q4 FY25 revenue expected at ¥240.4 bn (+11% YoY), operating profit at ¥71.5 bn (+9% YoY), and net profit at ¥56.5 bn (+11% YoY).

• Full-year FY25 revenue forecasted at ¥940.0 bn (+9% YoY), operating profit at ¥282.0 bn (+10% YoY), and net profit at ¥254.0 bn (+26% YoY).

• Full-year revenue is projected at ¥940.0 billion, up 8.5% from the prior year, with profit before tax expected to rise 24.6% to ¥324.0 billion.

• Profit attributable to owners is forecast at ¥254.0 billion, with basic EPS of ¥746.14.

• Life Care business expected to remain stable; Information Technology business to see a smaller-than-usual sequential revenue decline.