Financial Highlights

HOYA Group Consolidated Financial Highlights for 3 years.
＜Notes＞
(1) Starting with the FY2011, the Group began to use the designated International Financial Reporting Standards.
(2) Sales and Profit before tax show only continuing operations.
(3) HOYA's fiscal year starts from April and ends at March of the following year. Here FY2011 means the data for year ended March 31 2011.

Sales and Profits

(¥billion) FY2009 FY2010 FY2011
Sales 454 402 413
Profit before tax 50 51 64
Net income 29 42 60

Yen amounts are rounded to the nearest billion.

Sales


Profitabilities

(%) FY2009 FY2010 FY2011
Ratio of profit for the year 6.4 10.3 14.4
ROE 7.5 11.8 16.3
ROA 4.2 7.4 10.5

Financial Position

(¥billion) FY2009 FY2010 FY2011
Total assets 600 560 579
Equity attributable to owners of the Company 341 358 377
Ratio of assets attributable to owners of the Company (%) 56.8 63.8 65.1
Interest-bearing debt 160 107 103
Debt/Total assets (%) 26.7 19.1 17.8

Yen amounts are rounded to the nearest billion.


Cash Flows

(¥billion) FY2009 FY2010 FY2011
Cash flow provided by operating activities 92 84 93
Cash flow used in investing activities -34 -41 -39
Net cash provided by (used in) financing activities -7 -85 -31
Cash and cash equivalents, end of year 208 168 185

Yen amounts are rounded to the nearest billion.


Capital Expenditure / Depreciation / R&D

(¥billion) FY2009 FY2010 FY2011
Capital expenditure 35 29 39
Depreciation and amortization 47 31 30
R&D expenditure 18 17 17
R&D / Sales (%) 3.9 4.2 4.0

Yen amounts are rounded to the nearest billion.

* “Depreciation and amortization” includes impairment losses on fixed assets.


Dividend

(¥) FY2009 FY2010 FY2011
Interim dividend 30.00 30.00 30.00
Period-end dividend 35.00 35.00 35.00
Annual dividends 65.00 65.00 65.00
Dividend payout ratio (consolidated) (%) 95.8 68.2 46.9