Hoya Reports Revenue Growth in 2024 Fourth Quarter and Full-Year, Cautions of Possible Impact From Tariffs

TOKYO—Hoya Corporation (7741:Tokyo) has announced consolidated revenue of 216.8 billion yen for the fourth quarter ending March 31, 2025, up 10.1 percent from the same period in 2024, and up 11 percent on a constant currency basis. Operating profit increased due to continued efficient operations around production in the IT business and improved profitability in the Life Care business, according to Hoya. For fiscal year 2024, the company reported double-digit revenue growth of 13.6 percent on a consolidated basis due to a significant rebound from the previous year, when core products in the Information Technology business were affected by inventory adjustments. Operating profit for the year increased 22 percent to 255.8 yen, Hoya said.