HOYA Future Growth

Future criteria checks 4/6

HOYA is forecast to grow earnings and revenue by 11.3% and 7.7% per annum respectively. EPS is expected to grow by 12.8% per annum. Return on equity is forecast to be 25.5% in 3 years.

Key information

11.3%

Earnings growth rate

12.8%

EPS growth rate

Medical Equipment earnings growth	13.7%
Revenue growth rate	7.7%
Future return on equity	25.5%
Analyst coverage	Good
Last updated	12 Aug 2024

Recent future growth updates

HOYA Corporation Just Beat Revenue Estimates By 11%

Aug 04

Recent updates

Earnings and Revenue Growth Forecasts

TSE:7741 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	989,146	261,197	253,100	298,693	11
3/31/2026	906,831	232,183	225,080	274,866	13
3/31/2025	851,815	205,992	167,942	232,047	11
6/30/2024	794,095	190,320	175,098	220,320	N/A
3/31/2024	762,610	181,377	181,728	222,802	N/A
12/31/2023	758,803	166,839	169,710	204,768	N/A
9/30/2023	736,611	158,812	172,614	209,905	N/A
6/30/2023	725,691	158,495	176,603	209,861	N/A
3/31/2023	723,582	168,638	168,356	201,829	N/A
12/31/2022	705,461	165,507	174,888	207,976	N/A
9/30/2022	703,523	175,742	180,548	206,609	N/A
6/30/2022	683,645	171,607	167,305	193,636	N/A
3/31/2022	661,466	164,507	161,183	190,055	N/A
12/31/2021	646,629	156,103	159,533	188,494	N/A
9/30/2021	621,497	151,940	150,240	182,371	N/A
6/30/2021	596,594	140,820	150,730	184,816	N/A
3/31/2021	547,921	125,446	120,566	151,812	N/A
12/31/2020	531,643	114,380	105,816	142,504	N/A
9/30/2020	531,238	107,225	103,013	142,406	N/A
6/30/2020	545,054	110,245	97,067	138,705	N/A
3/31/2020	576,546	114,406	118,189	163,366	N/A
12/31/2019	582,906	123,557	127,291	166,800	N/A
9/30/2019	579,849	127,176	126,319	160,838	N/A
6/30/2019	567,738	123,642	124,637	156,247	N/A
3/31/2019	565,810	122,103	119,916	146,588	N/A
12/31/2018	560,257	112,372	114,842	139,462	N/A
9/30/2018	553,591	107,047	114,985	136,848	N/A
6/30/2018	547,345	102,881	116,695	136,460	N/A
3/31/2018	535,612	99,494	N/A	135,499	N/A
12/31/2017	525,993	99,045	N/A	132,916	N/A
9/30/2017	511,827	96,263	N/A	124,582	N/A
6/30/2017	490,920	93,951	N/A	114,476	N/A
3/31/2017	478,927	86,740	N/A	107,662	N/A
12/31/2016	474,289	86,552	N/A	108,015	N/A
9/30/2016	479,341	85,556	N/A	112,660	N/A
6/30/2016	494,641	87,739	N/A	117,527	N/A
3/31/2016	505,714	93,175	N/A	131,889	N/A
12/31/2015	511,489	93,393	N/A	133,488	N/A
9/30/2015	512,050	98,237	N/A	133,024	N/A
6/30/2015	503,128	98,350	N/A	129,950	N/A
3/31/2015	489,961	92,804	N/A	115,380	N/A
12/31/2014	477,744	86,578	N/A	113,846	N/A
9/30/2014	459,228	78,308	N/A	110,475	N/A
6/30/2014	440,221	63,886	N/A	104,890	N/A
3/31/2014	427,575	58,390	N/A	102,670	N/A
12/31/2013	410,066	68,859	N/A	93,050	N/A
9/30/2013	391,058	58,519	N/A	89,252	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 7741's forecast earnings growth (11.3% per year) is above the savings rate (0.3%).

Earnings vs Market: 7741's earnings (11.3% per year) are forecast to grow faster than the JP market (8.5% per year).

High Growth Earnings: 7741's earnings are forecast to grow, but not significantly.

Revenue vs Market: 7741's revenue (7.7% per year) is forecast to grow faster than the JP market (4.3% per year).

High Growth Revenue: 7741's revenue (7.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 7741's Return on Equity is forecast to be high in 3 years time (25.5%)

HOYA Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

HOYA Corporation Just Beat Revenue Estimates By 11%

HOYA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025

HOYA Corporation Provides Earnings Guidance for the Year Ending March 31, 2022

Recent updates

A Look At The Intrinsic Value Of HOYA Corporation (TSE:7741)

Advanced Sterilization Products Announces FDA Clearance for Revolutionary Sterilization Cycle for Duodenoscopes in Partnership with PENTAX Medical, a Division of HOYA

Now 27% undervalued after recent price drop

HOYA Corporation Just Beat Revenue Estimates By 11%

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Is HOYA (TSE:7741) A Risky Investment?

Final dividend of JP¥45.00 announced

Now 8.4% overvalued

Now 20% overvalued after recent price rise

Full year 2024 earnings: EPS exceeds analyst expectations

HOYA Corporation to Report Q3, 2025 Results on Feb 03, 2025

Should You Be Adding HOYA (TSE:7741) To Your Watchlist Today?

The Price Is Right For HOYA Corporation (TSE:7741)

Now 21% overvalued

Hoya Corporation Announces Dividend for the Year Ending March 31, 2024, Payable on June 10, 2024

Full year 2024 earnings: EPS exceeds analyst expectations

HOYA Corporation, Annual General Meeting, Jun 27, 2024

HOYA Corporation (TSE:7741) announces an Equity Buyback for 3,000,000 shares, representing 0.86% for ¥50,000 million.

Now 21% overvalued after recent price rise

HOYA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025

HOYA (TSE:7741) Is Reinvesting To Multiply In Value

A Look At The Fair Value Of HOYA Corporation (TSE:7741)

Upcoming dividend of JP¥65.00 per share

Dividend of JP¥65.00 announced

HOYA Corporation to Report Fiscal Year 2024 Results on May 01, 2024

Investors Appear Satisfied With HOYA Corporation's (TSE:7741) Prospects

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Hoya Corporation Announces Interim Dividend for the Six Months Ended September 30, 2023

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

HOYA Corporation Announces Interim Dividend for the Six Months Ended September 30, 2023; Provides Dividend Guidance for the Six Months Ended September 30, 2024

Upcoming dividend of JP¥45.00 per share at 0.7% yield

HOYA Corporation to Report Q3, 2024 Results on Feb 01, 2024

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

HOYA Corporation (TSE:7741) announces an Equity Buyback for 3,600,000 shares, representing 1.02% for ¥50,000 million.

HOYA Corporation to Report Q2, 2024 Results on Oct 31, 2023

HOYA Corporation to Report Q1, 2024 Results on Jul 31, 2023

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

HOYA Corporation (TSE:7741) announces an Equity Buyback for 3,600,000 shares, representing 1.01% for ¥40,000 million.

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

HOYA Corporation to Report Q3, 2023 Results on Jan 31, 2023

High number of new directors

Second quarter 2023 earnings: EPS exceeds analyst expectations

HOYA Corporation Announces Interim Dividend for the Six Months Ended September 30, 2022

HOYA Corporation to Report Q2, 2023 Results on Oct 27, 2022

Upcoming dividend of JP¥45.00 per share

High number of new directors

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

HOYA Corporation (TSE:7741) announces an Equity Buyback for 5,200,000 shares, representing 1.44% for ¥60,000 million.

Now 21% undervalued after recent price drop

HOYA Corporation to Report Q1, 2023 Results on Aug 04, 2022

Now 22% undervalued after recent price drop

Hoya Corporation Announces Dividend for the Fiscal Year Ended March 31, 2022, Payable on June 1, 2022

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

HOYA Corporation, Annual General Meeting, Jun 28, 2022

HOYA Corporation Announces Forecast for the Year-End Dividend for the Fiscal Year Ended March 31, 2022

Now 20% undervalued after recent price drop

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

HOYA Corporation (TSE:7741) announces an Equity Buyback for 4,600,000 shares, representing 1.25% for ¥60,000 million.

HOYA Corporation Provides Earnings Guidance for the Year Ending March 31, 2022

Second quarter 2022 earnings released: EPS JP¥116 (vs JP¥84.97 in 2Q 2021)

Upcoming dividend of JP¥45.00 per share

First quarter 2022 earnings released: EPS JP¥112 (vs JP¥69.07 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥336 (vs JP¥303 in FY 2020)

HOYA Corporation to Report Fiscal Year 2021 Results on Apr 30, 2021

New 90-day low: JP¥12,415

Third quarter 2021 earnings released: EPS JP¥98.17 (vs JP¥78.45 in 3Q 2020)

Revenue and earnings beat expectations

New 90-day high: JP¥14,265

Dispelix Announces Partnership with Hoya Group Optics Division to Provide the Highest Quality Waveguide Displays for Form Factor, Image Quality, and Clarity for the AR & MR Wearables Market

HOYA Corporation to Report Q2, 2021 Results on Oct 27, 2020

HOYA Corporation to Report Q1, 2021 Results on Jul 28, 2020

Earnings and Revenue Growth Forecasts