HOYA CORPORATIONJP:7741

Market cap
¥6.16T
P/E ratio
34.6x
Mar 31,
2018
Mar 31,
2019
Mar 31,
2020
Mar 31,
2021
Mar 31,
2022
Mar 31,
2023
Profit before tax124,248144,657147,268159,218210,706215,832
Depreciation and amortization28,71126,41634,37436,33643,01949,615
Impairment losses (reversal of impairment losses)5,7981,0993008,1661,0781,082
Finance income-1,562-2,773-3,461-2,204-1,718-7,666
Finance costs7713917912,0101,6641,816
Share of loss (profit) of investments accounted for using equity method441,1131,65236945-83
Loss (gain) on sale of property, plant and equipment-438-492-258-1,266-704-468
Loss on disposal of fixed assets432609375147120127
Gain on transfer of business-1,656
Foreign exchange loss (gain)-1,447342-567-357-4,882-157
Other4,6317,936-4,265-4,957-2,0015,122
Cash generated from operations (before movements in working capital)161,189179,294176,209197,463245,671265,221
Decrease (increase) in inventories1,763-6,128-2,3004,017-7,092-9,216
Decrease (increase) in trade and other receivables-6,562-3,0664,186-9,788-8,696-2,967
Increase (decrease) in trade and other payables4,0524,9855,152-6,3525,700-6,507
Increase in retirement benefit liabilities and provisions-234428433-69702-88
Subtotal160,209175,512183,680185,270236,284246,443
Interest received1,4992,4353,2011,2869555,928
Dividends received851484263
Interest paid-456-261-511-580-366-524
Income taxes paid-26,425-31,637-23,169-34,875-47,291-51,304
Income taxes refund6645331527034311,224
Net cash provided by (used in) operating activities135,499146,588163,366151,812190,055201,829
Proceeds from withdrawal of time deposits11,02521,8152,8045602123,946
Payments into time deposits-6,186-18,223-2,367-12-217-12,632
Proceeds from sale of property, plant and equipment5592,3404722,0771,4692,639
Purchase of property, plant and equipment-17,974-26,672-45,177-31,246-28,872-33,473
Proceeds from sale of investments959101,94866521986
Purchase of investments-1,333-27,777-1,562-163-195-108
Proceeds from sale of subsidiaries52602,040-340
Payments for acquisition of subsidiaries-54,018-19,742-969-335-120-4,747
Proceeds from sale of businesses41,588
Payments for acquisition of businesses-251-421-542-800-2,102-757
Other proceeds7594272262,300277279
Other payments-2,076-2,164-2,217-2,837-3,597-2,390
Net cash provided by (used in) investing activities-68,533-70,144-47,384-29,790-29,298-47,496
Dividends paid-29,042-34,141-34,042-33,720-33,201-39,794
Dividends paid to non-controlling interests-34-30-89-171
Net increase (decrease) in short-term borrowings-775-27-200-200
Repayments of long-term borrowings-339-271-134-20-23-169
Repayments of lease liabilities-7,547-7,273-8,217-8,618
Proceeds from sale of treasury shares1
Purchase of treasury shares-55,034-2-44,283-76,675-65,764-153,973
Proceeds from exercise of employee share options2,2401,6001,2771,304607769
Capital contribution from non-controlling interests45671871647,772
Repayments to non-controlling interests-208
Net cash provided by (used in) financing activities-117,333-32,792-85,468-115,673-106,722-194,593
Net increase (decrease) in cash and cash equivalents-50,36743,65230,5146,34954,034-40,259
Effect of exchange rate changes on cash and cash equivalents-6493,910-5,93010,56630,47326,743