HOYA announces strong sales, net profit

Hoya Corp. posted a net profit of 33.9 billion yen (US$842 million), up 139 percent year- on-year, on group total sales of 212.6 billion yen (US$2.62 billion), up 5.4 percent, according to JPEA Photo Electro News.

While the growth rate of its group total sales stood at 5.4 percent, sales of its information/communica- tions business unit handling products under the Pentax brand and electronic devices grew 9.9 percent to 111.9 billion yen (US$1.38 billion). The business unit posted an operating profit of 23.3 billion yen (US$287.6 million), up 86.7 percent. Sales of its entry-level DSLR cameras were brisk, which gave a positive impact on interchangeable lens sales, while demand by other camera makers for lens units and camera modules were strong.

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