• Bloomberg


Optical glass maker Hoya Corp. reported that first-quarter operating profit fell less than analysts forecast on higher earnings from lenses.

Operating profit, or sales minus administrative expenses and the cost of goods sold, declined 3.5 percent to ¥21.9 billion in the three months ended June 30, Tokyo-based Hoya said Monday. That beat the ¥20.6 billion median estimate in a survey of six analysts.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.