Hoya reports strong Q1 with double-digit profit growth

Hoya Corporation reported a 3.1% increase in first-quarter revenue to ¥220,406 million and a 9.2% rise in profit to ¥51,401 million.

Growth was driven by an 18% profit increase in the Life Care business following recovery from a system incident, plus strong performance in the Information Technology segment, particularly LSI and HDD substrates.

The company forecasts 4% revenue growth to ¥444,000 million and 6% pretax profit increase to ¥135,000 million for the first half of fiscal 2026.