- Hoya has increased its full-year net sales forecast to 869.20 billion yen, surpassing the previous forecast of 864.00 billion yen and slightly exceeding the market estimate of 867.69 billion yen.
- Full-year net income is projected to be 198.30 billion yen, which is below the market estimate of 207.18 billion yen.
- In the third quarter, Hoya reported net income of 50.48 billion yen, representing a year-over-year increase of 31%, although it fell short of the estimated 54.11 billion yen.
- Third-quarter net sales reached 220.85 billion yen, a 13% increase compared to the previous year and slightly higher than the estimate of 219.08 billion yen.
- Life Care revenue for the third quarter came in at 139.41 billion yen, up 4.4% year-over-year, but slightly below the estimate of 140.05 billion yen.
- Health care related products revenue grew by 7.4% year-over-year to total 104.79 billion yen, aligning closely with the estimate of 104.72 billion yen.
- There was a decline of 3.6% in medical related products revenue, totaling 34.62 billion yen, which was below the estimate of 35.33 billion yen.
- Information Technology segment revenue surged by 33% year-over-year to 80.41 billion yen, surpassing the estimate of 78.04 billion yen.
- Electronics related products revenue saw a 38% year-over-year increase, reaching 68.49 billion yen, which was above the estimate of 66.85 billion yen.
- Imaging related products revenue increased by 12% year-over-year to 11.92 billion yen, beating the estimated 10.79 billion yen.
- In the market, there are currently 14 buy ratings, 5 hold ratings, and no sell ratings for Hoya.
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A look at Hoya Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
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Based on Smartkarma Smart Scores, Hoya Corp‘s long-term outlook looks promising. With a strong Resilience score of 5, the company demonstrates robustness and stability, indicating that it can weather economic uncertainties and industry challenges well. Additionally, Hoya Corp scores high on Growth and Momentum, with scores of 4, suggesting positive prospects for expansion and market performance.
While the Value and Dividend scores are moderate at 2, Hoya Corp‘s solid performance in Growth, Resilience, and Momentum factors bodes well for its future success. As a manufacturer of various electro-optics products and provider of information system architecture, Hoya Corp seems well-positioned to capitalize on technological advancements and market demands in the long run.
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Summary of the description of the company:
### Hoya Corp manufactures electro-optics products such as mask blanks for semiconductors, photomasks for LCD panels, optical glasses, glass memory disks for HDDs, medical flexible endoscopes, eyeglasses, and contact lenses. The Company also provides information system architecture. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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