2009

2009.Apr..30
HOYA CORPORATION
Hiroshi Suzuki, President and CEO
(TSE code: 7741)

Hoya Announces Fourth Quarter and Financial Results
for FY2009 ended March 31, 2009

Tokyo, Japan—April 30, 2009— HOYA Corporation today announced financial results for the fourth quarter ended March 31, 2009. Net sales were 82.9 billion yen for the quarter, representing a decrease of 38.9% from 135.8 billion yen in the same period of 2008, mainly due to an appreciation of the Yen and sharp drop for the product price resulting from global economic downturn in the main business fields such as Electro-Optics.

Operating loss for the fourth quarter was 60 million yen compared to operating income of 18.0 billion yen for the same period of 2008. Net loss for the fourth quarter was 27.8 billion yen, or 64.30 yen per share compared to net income of 21.0 billion yen, or 48.53 yen per share of the fourth quarter of 2008, due to posting the loss on impairment of fixed assets.

For the fiscal year 2009 ended March 31, 2009, net sales fell 5.7% over the fiscal year 2008, to 454.1 billion yen, and operating income fell 37.8% to 59.0 billion yen, and net income was down 69.3%, to 25.1 billion yen. Earnings per share were 58.01 yen compared with 189.01 yen in the fiscal year 2008.

"There was a drastic inventory adjustment by High-tech manufacturers in the second half of FY2009, and in response to that, we are seeing a push back of customer demands in Electro-optics fields in the first quarter of FY2010,” said Hiroshi Suzuki, chief executive officer of HOYA. “Looking forward, we see opportunities to grow our business by generating stable profit from Electro-Optics business without great investment, and by investing to the medical business including eye care and endoscope to increase the market share. At the same time, we are seeking a new business opportunity to be added to our portfolio for future growth.”

HOYA also announced year-end dividends forecast of 35 yen per share of common stock. The annual dividend, including the interim dividends of 30 yen per share, will amount to 65 yen per share. It will be decided at the board of directors meeting in the end of May.


*Results are preliminary and unaudited.
*The yen amounts shown therein are rounded down to the nearest 100 million.


About Hoya Corporation
Hoya Corporation is a global technology company based in Tokyo, Japan, and the leading supplier of innovative and indispensable high-tech and medical products and services based upon its advanced optics technologies. Hoya is active in four fields of business: The Eye Care provides eyeglasses, operates retail shops for contact lenses, and makes intraocular lenses for cataract surgery. The Life Care provides endoscopic system. Electro-Optics makes mask blanks and photomasks for the semiconductor devices and LCD panels, optical lenses for digital cameras, and glass memory disks for HDDs. The Imaging produces SLR/compact digital cameras, interchangeable lenses, lens modules and microlenses. Hoya now has over 100 subsidiaries and affiliates, and employs approximately 34,600 people worldwide.


Contact Information:
Akiko Maeyama / Naoji Ito
Corporate Communications, Hoya Group
Tel: +81-3-3232-0065 / E-mail: HOYA-pr@mb.hoya.co.jp