Hoya Announces Full-Year Financial Results Under IFRS

Tokyo (ots/PRNewswire) - Hoya Corporation today announced
financial results under designated International Financial Reporting
Standards (IFRS) for full-year ended March 31, 2011. Revenues from
continuing operations grew 2.7% over the previous fiscal year, to
413,349 million yen and profit before tax was up 26.2% to 63,758
million yen, mainly due to an increase in orders with the recovery in
the market.

Profit for the year from all operations was up 43.5% to 59,579
million yen, including profit for the year from discontinued
operations of 9,873 million yen. Hoya has sold its hard disk glass
media manufacturing operations to the Western Digital Corporation in
USA in the first quarter of this fiscal year and 10,343 million yen
of gain as well as loss from the business was included in profit from
discontinued operations.

Basic earnings per share were 138.49 yen compared to 95.24 yen in
the last year. Diluted earnings per share were 138.41 yen compared to
95.15 yen in the last year.

"Optics business did well this year despite temporary shutdown of
the production lines due to rolling blackout after the Tohoku Great
Earthquakes in March and thanks to an increasing demand for digital
cameras," said Hiroshi Suzuki, chief executive officer of HOYA.
"There are still some impacts of the disaster on our company, but
except digital camera business that has difficulties in procurement
of parts, our business will return toward normal by the end of May."

HOYA also announced year-end dividends forecast of 35 yen per
share of common stock. The annual dividends, 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.

The full financial reports under IFRS are available in "Financial
Statement" page in HOYA website Investor Relations section at:
http://www.hoya.co.jp/english/

*The company's financial results are being prepared and reported
in accordance with IFRSs from this fiscal year.

*Results are preliminary and unaudited.

*The yen amounts shown therein are rounded to the nearest
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 healthcare products based upon its advanced optics
technologies. Hoya is active in four fields of business: The
Healthcare provides eyeglasses and operates retail shops for contact
lenses. The Medical provides endoscopic system and intraocular lenses
for cataract surgery. The Electronics makes mask blanks and
photomasks for the semiconductor devices and LCD panels as well as
glass memory disks for HDDs. The Imaging produces optical lenses,
SLR/compact digital cameras, lens modules and microlenses. Hoya now
has over 100 subsidiaries and affiliates, and employs over 36,500
people worldwide.

ots Originaltext: Hoya Corporation
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Contact:
Contact Information: Akiko Maeyama / Naoji Ito,
CorporateCommunications, Hoya Group, Tel: +81-3-3232-0065 /
e-mail:HOYA-pr@mb.hoya.co.jp