The HOYA Group’s consolidated sales revenue increased 20.7% year on year to 661,466 million yen, which is a record high for the Group. The Life Care business recovered from the impact of the COVID-19 pandemic and even achieved growth compared to its pre-COVID level (i.e., fiscal 2019). Sales for the Information Technology business increased substantially as a result of capturing strong customer demand for mask blanks for extreme ultraviolet (EUV) lithography and glass substrates for HDDs, combined with the recovery of demand for camera lenses.
Pretax profits increased 32.3% year on year to 210,706 million yen, reaching a record high mainly due to higher profits associated with sales growth.
Note:The growth rates of sales are after exclusion of the effects of fluctuations in foreign currency exchange rates.
Sales revenue in the Life Care business increased 19.2% year on year to 407,549 million yen.
Compared to the previous fiscal year, in which business activities had been impacted by COVID-19 in all businesses, sales revenue soared due to recovery in line with the resumption of economic activities. Also, the growth rate of sales revenue was up 8.7% compared to its pre-COVID level (i.e., fiscal 2019).
* Year-on-year comparison on the same basis as the previous period, adjusted to eliminate the effect of changes in exchange rates or M&A activities.
Pretax profits in the Life Care business increased 35.8% year on year to 86,269 million yen.
Recovery from the COVID-19 pandemic led to a substantial increase in sales revenue, which also translated into higher profits than in the previous fiscal year.
Sales in the Information Technology business increased 23.6% year on year to 248,403 million yen. Sales increased in the Information Technology business as a whole from the previous fiscal year as a result of capturing strong customer demand for mask blanks for EUV lithography and glass substrates for HDDs, combined with the recovery in demand for camera lenses.
* Year-on-year comparison on the same basis as the previous period, adjusted to eliminate the effect of changes in exchange rates or M&A activities.
Pretax profits increased 29.5% year on year to 122,886 million yen due to the effects of improved product mix stemming from the increase in sales of high-value-added products such as mask blanks for semiconductors for EUV lithography, in addition to the increase in sales revenue in each business.
Financial data is available at the IR Library on HOYA’s website.