Eyeglass lenses drive Hoya’s 3Q 2014 profits

Hoya Corporation reported gains in revenue and profit for the third quarter ended Dec. 31, 2014.

During the quarter, revenues increased 16.9 percent to 128,206 million yen, and profit before tax increased 22.9 percent to 36,240 million yen compared with the same quarter last year.

In Hoya’s Life Care segment, sales of eyeglass and contact lens accounted for 10,189 million yen in revenue, a 21.2 percent increase over year ago. Revenue from sales of intraocular lenses and other medical products totaled 1,628 million yen, up 8.2 percent from year ago.

Revenues from eyeglass lenses also grew due to the inclusion of sales by Seiko Eyewear as a consolidated subsidiary.