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§ Companies / HOCPY / Earnings / Research

HOCPY earnings: EPS beat by 7.9%, revenue beat by 3.6%

HOYA Corporation reported results (Jul 31, 2026). EPS came in at ¥1.23 against a ¥1.14 consensus, beat by 7.9%. Revenue was ¥1.6B versus ¥1.6B expected, beat by 3.6%.

§ From the call / model-read, verbatim-grounded
Sentiment
0.61
Net tone of the full call — above 0 positive, below 0 negative
Guidance Tone
0.30
Tone of the forward-guidance language
Novelty Share
100%
Language not seen in this company's prior calls
Capacity & Capex “Sales Growth +16% (CC +4%) 6© 2026 HOYA CORPORATION All Rights Reserved Contact Lenses (eyecity) Sales Growth +3% (CC +3%) • Revenue remained solid, supported by higher customer traffic and improved customer retention through subscription programs and other initiatives. • The continued expansion of premium product sales increased average spending per customer. • We will continue to enhance customer convenience and expand sales of premium products to broaden our customer base. 7© 2026 HOYA CORPORATION All Rights Reserved Endoscopes Sales Growth +8% (CC -4%) • Revenue in Europe remained broadly stable, while weakness in the Chinese market persisted. • Structural reforms are progressing as planned, including the company split of the Japanese Endoscope business effective August 1 and manufacturing footprint optimization. • As part of business portfolio management, we have initiated a review of strategic options, including a potential transfer of the business to a third party. 8© 2026 HOYA CORPORATION All Rights Reserved IOLs Sales Growth +17% (CC +9%) Vivinex multiSert • While revenue declined in China, growth remained solid in Japan, Europe, and other regions. • The growing adoption of trifocal IOLs increased the share of ATIOLs in the sales mix, contributing to revenue growth. • We continue to focus on expanding ATIOL sales globally. 9© 2026 HOYA CORPORATION All Rights Reserved Artificial Bone and Other Sales Growth +15% (CC +6%) • Sales of endoscope disinfection washers and metal implants remained solid, resulting in double-digit growth. • Revenue from chromatography media declined due to ongoing customer inventory adjustments. • We aim to achieve stable and sustainable growth by expanding into new markets and applications while strengthening our operating foundation. 10 Information Technology Business © 2026 HOYA CORPORATION All Rights Reserved • [Revenue] Strong growth in Optical Solutions, in addition to LSI and HDD substrates, contributed to overall revenue expansion. • [Operating Profit] Profit margins expanded, supported by higher revenue and a richer mix of high-value- added products. 43.5 47.5 55.6 52.9% 51.0% 55.1% FY25 Q1 FY25 Q4 FY26 Q1 Operating Profit / OPM +23% (CC +15%) +28% (CC +19%) 82.2 93.1 101.0 FY25 Q1 FY25 Q4 FY26 Q1 Revenue (¥bn) 11© 2026 HOYA CORPORATION All Rights Reserved LSI Sales Growth +21% (CC +18%) HOYA ELECTRONICS SINGAPORE PTE.”
Capacity & Capex “LTD. • Demand for EUV blanks remained solid, supported by AI-related semiconductor investment. • Revenue growth was driven by increased sales of high-value-added EUV blanks, including phase-shift mask (PSM) products. • We continue to invest in next-generation blanks, including High-NA products, while supporting customers’ performance enhancement. 12© 2026 HOYA CORPORATION All Rights Reserved FPD Sales Growth +9% (CC +2%) • Revenue increased as utilization at the Chongqing facility improved and sales to Chinese customers expanded. • Demand for development projects remained stable, particularly for smartphones, foldable devices, and IT OLED applications. • We continue to expect growth opportunities from foldable devices, wearables such as VR, and OLED-equipped AI PCs and gaming PCs. 13© 2026 HOYA CORPORATION All Rights Reserved HDD Substrates Sales Growth +29% (CC +15%) HOYA LAOS Co., Ltd. • Strong nearline HDD demand, supported by active data center investment, drove significant growth in 3.5-inch substrates. • Adoption of HAMR technology and higher platter counts continued to support increased use of glass substrates. • We are increasing utilization in Laos while enhancing manufacturing capabilities for HAMR applications and thinner substrates required for higher-capacity drives. 14© 2026 HOYA CORPORATION All Rights Reserved Optical Solutions (Formerly Imaging) Sales Growth +22% (CC +11%) • To better reflect the business portfolio, which now extends beyond camera-related applications, the business has been renamed Optical Solutions beginning this quarter. • Strong sales of CUPO polarization glass for optical transceivers were the primary driver of growth. • We continue to expand CUPO production capacity while promoting growth in wearable-device lenses and AR-related products. 15 Shareholder Returns © 2026 HOYA CORPORATION All Rights Reserved • In April, we announced a policy to reduce net cash on the balance sheet by approximately ¥110 billion in order to further enhance capital efficiency. • Based on this policy and taking into account cash flow generation and investment requirements, we resolved to conduct a share buyback program of up to ¥200 billion.”

4 more flagged statements from this call are in the Pro read.

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§ The quarter in numbers
Metric Actual Consensus Surprise
EPS ¥1.23 ¥1.14 beat by 7.9%
Revenue ¥1.6B ¥1.6B beat by 3.6%
§ The trend

Revenue is up 15.6% from the same quarter last year. Gross margin sits at 77.2%, 930 bps off its 8-quarter high.

§ How it stacks up Pro

This section is part of the Pro report for HOCPY.

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§ Go deeper on HOCPY
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