HOYA is forecast to grow earnings and revenue by 8.5% and 7.2% per annum respectively. EPS is expected to grow by 10% per annum. Return on equity is forecast to be 30.5% in 3 years.
Key information
8.5%
Earnings growth rate
10.04%
EPS growth rate
Medical Equipment earnings growth
16.1%
Revenue growth rate
7.2%
Future return on equity
30.51%
Analyst coverage
Good
Last updated
26 May 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
OTCPK:HOCP.F - Analysts future estimates and past financials data (JPY Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
3/31/2029
1,186,147
324,849
291,037
375,469
9
3/31/2028
1,101,902
297,939
269,465
343,642
14
3/31/2027
1,025,182
264,604
240,711
305,121
14
3/31/2026
947,749
253,085
221,865
278,446
N/A
12/31/2025
915,212
250,395
197,010
251,609
N/A
9/30/2025
892,501
209,278
194,431
247,046
N/A
6/30/2025
876,093
206,783
192,849
242,944
N/A
3/31/2025
866,032
202,101
187,191
235,113
N/A
12/31/2024
838,598
207,662
199,483
248,218
N/A
9/30/2024
812,738
195,835
184,156
231,058
N/A
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
N/A
166,800
N/A
9/30/2019
579,849
127,176
N/A
160,838
N/A
6/30/2019
567,738
123,642
N/A
156,247
N/A
3/31/2019
565,810
122,103
N/A
146,588
N/A
12/31/2018
560,257
112,372
N/A
139,462
N/A
9/30/2018
553,591
107,047
N/A
136,848
N/A
6/30/2018
547,345
102,881
N/A
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
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HOCP.F's forecast earnings growth (8.5% per year) is above the savings rate (3.5%).
Earnings vs Market: HOCP.F's earnings (8.5% per year) are forecast to grow slower than the US market (16.8% per year).
High Growth Earnings: HOCP.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: HOCP.F's revenue (7.2% per year) is forecast to grow slower than the US market (11.8% per year).
High Growth Revenue: HOCP.F's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HOCP.F's Return on Equity is forecast to be high in 3 years time (30.5%)
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/27 19:48
End of Day Share Price
2026/05/20 00:00
Earnings
2026/03/31
Annual Earnings
2026/03/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
HOYA Corporation is covered by 23 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.