Hoya Corporation · TSE:7741

Hoya — Q3 2021 Earnings Presentation

14 slides from Hoya's earnings presentation, Feb 1, 2022

  1. Slide 1: HOYA Corporation Q3 FY2021 Earnings Presentation

    HOYA Corporation Q3 FY2021 Earnings Presentation February 1, 2022 © 2022 HOYA CORPORATION All Rights Reserved

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement HOYA may make comments and disclose information which include forward-looking statements with respect to HOYA´s plans and future performance. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements and are bas

  3. Slide 3: CEO Transition

    CEO Transition On December 22, we announced the resignation of CEO Hiroshi Suzuki and the appointment of current CTO Eiichiro Ikeda as the next CEO. The key points of this announcement are as follows. Background of Resignation • Mr. Suzuki has been CEO for more than 20 years and is now in his 60s, a

  4. Slide 4: Introduction of the Incoming CEO

    Introduction of the Incoming CEO Eiichiro Ikeda March 17, 1970 Graduated from Chuo University, Bachelor of Science and Engineering ------------------------------------------------------------------------------------------ Apr. 1992 Joined HOYA Jan. 2010 General Manager of Media, Memory Disk (MD) Feb

  5. Slide 5: Key Takeaways

    Key Takeaways 1. Achieved record-high revenue and operating profit. 2. Life Care sales continued to recover and exceeded pre-COVID levels, despite concerns around the resurgence caused by variants. 3. All products achieved double-digit growth in the Information Technology Business. 3.5" substrates f

  6. Slide 6: Financial Overview

    Financial Overview (¥bn) Q3 FY20 Q2 FY21 Q3 FY21 YoY QoQ Revenue 146.9 162.6 171.3 +17% +5% Pretax Profit 45.8 54.0 51.9 +13% -4% Net Profit 36.9 43.0 40.9 +11% -5% cf. Operating Profit 46.1 49.2 53.5 +16% +9% cf. Operating Profit 31.4% 30.3% 31.3% -0.1ppt +1.0ppt Margin • On a constant currency bas

  7. Slide 7: Life Care

    Life Care (¥bn) Q3 FY20 Q2 FY21 Q3 FY21 YoY QoQ Revenue 94.5 99.1 105.5 +12% +6% Pretax Profit 20.7 23.4 21.5 +4% -8% cf. Operating Profit 21.7 19.8 23.2 +7% +17% cf. Operating Profit 23.0% 19.9% 22.0% -1.0ppt +2.1ppt Margin • On a constant currency basis, growth rate was +7% for revenue and +1% for

  8. Slide 8: Life Care: Revenue by Product

    Life Care: Revenue by Product Health Care Medical Endoscopes [YoY +9% / vs FY19 -1%] 105.5bn ¥105.5 -Secured growth despite procurement of components remained constrained. 94.5bn ¥94.5 -We will continue to focus on securing components. 29.1 IOLs [YoY +6% / vs FY19 +12%] 25.4 -Europe drove growth. Ja

  9. Slide 9: Information Technology (IT)

    Information Technology (IT) (¥bn) Q3 FY20 Q2 FY21 Q3 FY21 YoY QoQ Revenue 51.1 62.0 64.3 +26% +4% Pretax Profit 23.9 31.0 31.3 +31% +1% cf. Operating Profit 25.1 30.1 31.1 +24% +3% cf. Operating Profit 49.2% 48.6% 48.4% -0.8ppt -0.2ppt Margin • On a constant currency basis, growth rate was +19% for

  10. Slide 10: IT: Revenue by Product

    IT: Revenue by Product Electronics Imaging Imaging [YoY +27%] -Continued demand for high unit price lenses for 64.3 ¥64.3bn mirrorless cameras, etc. - Monitoring the semi-shortage in the camera industry. 10.8 49.0bn ¥49.0 Mask & Blanks [YoY +14%] LSI 7.9 -Sustained momentum in EUV blanks. -Maximize

  11. Slide 11: Highlights from the Balance Sheet & Cash Flow

    Highlights from the Balance Sheet & Cash Flow Cash - FCF generated in Q3 was 40.8 bn yen (+7.5 bn yen YoY) - Cash & cash equivalents increased to 416.0 bn yen (+98.0 bn yen YoY) CAPEX* - Q3 actual was 5.5 bn yen (-3.2 bn yen YoY) - We expect around 30 bn yen this fiscal year** D&A - Q3 was 10.7 bn y

  12. Slide 12: Guidance

    Guidance Q4 Guidance (¥bn) Q4 FY20 Q4 FY21 YoY QoQ Revenue 151.4 163.1 +8% -5% Pretax Profit 41.3 48.1 +16% -7% Net Profit 30.8 37.8 +23% -8% Full Year Guidance (¥bn) FY20 FY21 YoY Revenue 547.9 655.0 +20% Pretax Profit 159.2 205.0 +29% Net Profit 125.2 163.0 +30% 12 © 2022 HOYA CORPORATION All Righ

  13. Slide 13: Notes

    Notes ✓ Accounting standard: IFRS ✓ The fiscal year ending March 2022 is referred to as “FY21” throughout this document. ✓ Figures less than 100 million yen are rounded down. Accordingly, some discrepancies may occur among totals. Ratios are calculated using actual numbers. ✓ Operating profit is cal

  14. Slide 14: © 2022 HOYA CORPORATION All Rights Reserved

    14 © 2022 HOYA CORPORATION All Rights Reserved

HOYA — Q3 2021 Earnings Presentation on 6ix