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Hoya Reports First Quarter Financial Results
TOKYO--(BUSINESS WIRE)--HOYA Corporation (TOKYO: 7741) today announced financial results for the first quarter ended June 30, 2016. During the quarter, revenues totaled 115,165 million yen, representing a decline of 8.8% year on year. Pre-tax profit was 22,274 million yen, and profit for the quarter amounted to 17,978 million yen, representing declines of 27.9% and 24.0%, respectively. This is in part due to a loss on foreign exchange of 3.4 billion yen compared with a gain on foreign exchange
