TOKYO—Hoya Corporation (7741:Tokyo) reported record revenue growth for the three months ended June 30, 2026, with revenue increasing 16.0 percent year-over-year to 255.7 billion yen and profit for the first quarter climbing 28.1 percent to 65.8 billion yen. The revenue increase was driven by strong performance in both the company’s Life Care segment, which includes products in the eye sector such as eyeglass lenses and contact lenses, and its Information Technology segment, according to an announcement from the company.
Revenue in the Life Care segment grew at a reported 13 percent, or 3 percent at constant currency rates, compared with the same period last year. The company said sales of eyeglass lenses increased 16 percent mainly due to strong sales to chain stores as well as growth in sales of high-value-added products, including MiYOSMART, particularly in Europe, China and Latin America. “We remain focused on expanding high-value-added products and accelerating market penetration of new products,” Hoya said in its Q1 presentation.
Sales of contact lenses (Eyecity stores) increased 3 percent, driven by new store openings, a rise in the sales ratio of high-value-added lenses, and private brand products (hoyaONE) contributing to improved customer retention, the company reported.
“Revenue remained solid, supported by higher customer traffic and improved customer retention through subscription programs and other initiatives,” Hoya noted. “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.”
Driven by robust growth in premium products, sales of intraocular lenses for cataracts saw a revenue increase of 17 percent in the first quarter compared with the same period last year. While revenue declined in China, growth remained solid in Japan, Europe, and other regions, the announcement said.
“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,” Hoya stated in their Q1 presentation.
For the first half of 2026, Hoya expects revenue to reach 521 billion yen, a year-over-year increase of 15 percent. The company said, “The Life Care Business and the Information Technology Business are both expected to benefit from continued robust demand for their key products. In particular, eyeglass lenses, EUV blanks, HDD substrates, and optical solutions are expected to drive growth, supporting double-digit increases in both revenue and operating profit.”
The company also announced a major share repurchase plan to allow for what it called “improving capital efficiency and ensuring a flexible capital policy” that will benefit its shareholders.
