Hoya Reports Second Quarter Results

TOKYO--(BUSINESS WIRE)--Hoya Corporation (TOKYO: 7741) today announced financial results for the second quarter ended September 30, 2016. During the quarter, revenue of the HOYA Group decreased 11.8% year on year, to 114,865 million yen. Due to gains from the sales of securities, profit before tax amounted to 31,637 million yen, while profit for the quarter was 24,819 million yen, which were 6.6% and 8.6% lower, respectively, than in the same quarter last year. In the Information Technology seg