HOYAHOYA CORPORATION7741東証プライム精密機器FY ending Mar 2026, consolidated, IFRS

HOYA revenue and profit

Revenue changed +9.4% from the prior year.

Five-year trend

Revenue¥947.7B
FY ending Mar 2022: ¥661.5B¥661.5BFY ending Mar 2023: ¥723.6B¥723.6BFY ending Mar 2024: ¥762.6B¥762.6BFY ending Mar 2025: ¥866B¥866BFY ending Mar 2026: ¥947.7B¥947.7BFY22FY23FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin26.7%
Asset turnover0.75×
ROA20.0%
ROA20.0%
Financial leverage1.27×
ROE25.4%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin26.7%
2022: 24.9%24.9%2023: 23.3%23.3%2024: 23.8%23.8%2025: 23.3%23.3%2026: 26.7%26.7%2223242526
Asset turnover0.75×
2022: 0.67×0.67×2023: 0.72×0.72×2024: 0.68×0.68×2025: 0.71×0.71×2026: 0.75×0.75×2223242526
ROA20.0%
2022: 16.6%16.6%2023: 16.7%16.7%2024: 16.3%16.3%2025: 16.6%16.6%2026: 20.0%20.0%2223242526
Financial leverage1.27×
2022: 1.24×1.24×2023: 1.25×1.25×2024: 1.25×1.25×2025: 1.26×1.26×2026: 1.27×1.27×2223242526
ROE25.4%
2022: 20.5%20.5%2023: 20.8%20.8%2024: 20.3%20.3%2025: 20.8%20.8%2026: 25.4%25.4%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
202224.9%0.67×16.6%1.24×20.5%
202323.3%0.72×16.7%1.25×20.8%
202423.8%0.68×16.3%1.25×20.3%
202523.3%0.71×16.6%1.26×20.8%
202626.7%0.75×20.0%1.27×25.4%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue24.9%
2021: 30.1%30.1%2022: 25.6%25.6%2023: 24.7%24.7%2024: 26.0%26.0%2025: 24.4%24.4%2026: 24.9%24.9%212223242526
PPE ÷ total assets18.1%
2021: 19.3%19.3%2022: 17.1%17.1%2023: 17.4%17.4%2024: 16.5%16.5%2025: 17.1%17.1%2026: 18.1%18.1%212223242526
Goodwill ÷ parent equity5.3%
2021: 5.2%5.2%2022: 4.9%4.9%2023: 5.7%5.7%2024: 5.4%5.4%2025: 5.4%5.4%2026: 5.3%5.3%212223242526
Goodwill balance¥54.4B
2021: ¥35.7B¥35.7B2022: ¥39.6B¥39.6B2023: ¥46.8B¥46.8B2024: ¥52.7B¥52.7B2025: ¥52.2B¥52.2B2026: ¥54.4B¥54.4B212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

R&D spending¥36.3B
2021: ¥23.3B¥23.3B2022: ¥25.4B¥25.4B2023: ¥29.4B¥29.4B2024: ¥33B¥33B2025: ¥35.3B¥35.3B2026: ¥36.3B¥36.3B212223242526
R&D / revenue3.8%
2021: 4.2%4.2%2022: 3.8%3.8%2023: 4.1%4.1%2024: 4.3%4.3%2025: 4.1%4.1%2026: 3.8%3.8%212223242526

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue661,466723,582762,610866,032947,749
Cost of revenue—————
Gross profit—————
SG&A—————
Operating income—————
Pretax income210,706215,832236,564259,965327,668
Income tax45,38447,04453,99858,21576,216
Net income attributable to owners164,507168,638181,377202,101253,085
Operating margin—————

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

Cash 44%
Property, plant and equipment 18%
4%
Other assets 34%

Funding

3%
Other liabilities 17%
Equity 80%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥419.4B¥405.9B¥525.2B¥534B¥574.1B
Total assets¥992.8B¥1.03T¥1.2T¥1.23T¥1.3T
Net assets¥789.1B¥814.6B¥962.3B¥971.6B¥1.04T
Share capital¥6.26B¥6.26B¥6.26B¥6.26B¥6.26B
Property, plant and equipment¥169.7B¥178.6B¥198.2B¥210.9B¥235.7B
Goodwill¥39.6B¥46.8B¥52.7B¥52.2B¥54.4B
Current assets¥683B¥710.2B¥856.6B¥879.7B¥960.8B
Interest-bearing debt¥21.6B¥24.6B¥29.2B¥37.3B¥42.2B
Total liabilities¥203.8B¥213.7B¥241.4B¥262.6B¥265.9B
Equity attributable to owners of parent¥803.9B¥818.3B¥967.8B¥974B¥1.02T
Retained earnings¥802.8B¥753B¥806B¥871.4B¥902.4B
Treasury stock-¥68.3B-¥41.4B-¥6.87B-¥57.6B-¥78.8B

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    訂正有価証券報告書-第88期(2025/04/01-2026/03/31)

    ID S100YD7J2026-06-17Open
  • EDINET (FSA Japan)

    有価証券報告書-第87期(2024/04/01-2025/03/31)

    ID S100VW2P2025-06-05Open
  • EDINET (FSA Japan)

    有価証券報告書-第86期(2023/04/01-2024/03/31)

    ID S100TOTA2024-06-20Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第85期(2022/04/01-2023/03/31)

    ID S100RXT72023-09-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第84期(令和3年4月1日-令和4年3月31日)

    ID S100O6IV2022-06-03Open
  • EDINET (FSA Japan)

    有価証券報告書-第83期(令和2年4月1日-令和3年3月31日)

    ID S100LGMY2021-06-04Open

Extracted from XBRL: 42 / Derived from other figures: 1

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