All Hoya Vision Care articles
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News briefsHoya communicates new IT incident update
In a new information update published earlier today on the IT incident that has been affecting the group’s operations since March 30, Hoya Corporation announced that, as of April 23, most of its business divisions had restored their production and ordering systems. However, the group added that some units were ...
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News briefsHoya expects IT incident full recovery next week
On April 9, Hoya Vision Care released on its global website a new information update regarding the IT incident that has been affecting its production and order systems since March 30. The Japanese-based lens maker said that it was now expecting all its systems to be back online in the ...
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News briefs
Hoya settles IP lawsuit in China with limited duration license agreement
Hoya Vision Care has announced that it has settled its intellectual property lawsuit with Shanghai Weixing Optical, a Chinese manufacturer and distributor of optical lenses, after “extensive” negotiations. Under the settlement, Shanghai Weixing Optical has issued a “significant” payment to obtain the license covering sales of Shanghai Weixing Optical lenses ...
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ArticleHOYA lens growth driven by international markets and MiYOSMART in Q2
HOYA CORPORATION has reported a 2.5 percent year-on-year increase in Q2 group revenue to 188.7 billion Japanese yen (€1,182m) as the solid growth of its Life Care business unit and currency tailwinds offset another steep decline in the IT division’s quarterly sales. At constant rates, the Japanese group’s topline was ...
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ArticleEyewear companies' average stock price down in Q3
After two consecutive quarters of double-digit growth, the average stock price of eyewear companies went down by an average 7 percent on a non-weighted basis (see chart below) in the quarter ended Sept. 30. This also marks an unusual underperformance compared with the MSCI World Index, a global index comprising ...
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News briefs
HOYA Vision Care launches sustainability program
HOYA Vision Care has announced the launch of One Vision, its corporate sustainability program based on three pillars: environment, community and workplace. On the environmental front, the company’s initiatives focus on CO2 emission reduction – with a goal to reach 100 percent renewable electricity by 2040 at the latest ...
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ArticleHOYA Life Care unit posts strong sales and margin increases in Q4
HOYA Corporation has announced record-high quarterly revenue as the Japanese-based group’s topline progressed by 10 percent year-on-year to 185.8 billion yen (€1,264 m) in the last quarter of the financial year ended on March 31. In constant currencies, total sales were up by 3 percent. The overall revenue increase was ...
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News briefs
HOYA reports strong Q4
Hoya Corporation released earlier today its financial results for Q4 and the full year at the end of March 31. Revenue from the Life Care business unit jumped by 18 percent year-on-year in Q4 to 125 billion Japanese yen (€839 m), an increase of 11 percent at constant exchange rates. ...
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News briefs
HOYA Vision Care launches myopia education website
HOYA Vision Care launched at the end of April a new myopia education online platform for ophthalmologists and optometrists worldwide. The website aims to provide continuing education and share the latest developments in myopia management, including evidence-based research, insights and knowledge from various sources, including experts from the World Society ...
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News briefs
HOYA expands MiYOSMART range with sun lenses
HOYA Vision Care has announced the expansion of its myopia management lens’ range with the addition of two sun lenses. Dubbed MiYOSMART Chameleon for the photochromic lens and MiYOSMART Sunbird for the polarized lens, both products will be based on the D.I.M.S technology that the group developed for its MiYOSMART ...
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ArticleHOYA announces mixed Q3 results, global partnership with NIDEK
HOYA CORPORATION revenue inched up by 1 percent year-on-year in Q3 to 173.5 billion Japanese yen (€1.2 bn) as the continuous – albeit slowing – growth in its Life Care segment’s sales and currency tailwinds offset a sharp decline in the IT division business. At constant rates, the group’s topline ...
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News briefs
Hoya invests $10 million in Canadian labs
Hoya Vision Care has annouced that it would invest close to $10 million in the expansion of its Canadian lab network. The group’s Canadian subsidiary is the first optical lab in North America to have installed SCHNEIDER’s new Modulo Center One surfacing system for an improved efficiency, the announcement reads. ...
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ArticleProduct carbon footprint, circularity and 3D print on Ace & Tate sustainability agenda
Dutch-based eyewear brand Ace & Tate will launch its first 3D-printed collection with a short range of sports glasses, we learned in an interview with Femme van Gils, sustainability manager, and Sean Peron, vice president of marketing and brand. The collection will be based on Arkema’s Polyamide 11, a polymer ...
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ArticleHOYA posts 10% lenses’ revenue hike in Q2, launches private label CLs
HOYA CORPORATION has reported another record quarter in terms of both revenues and profit as strong currency headwinds and a solid performance in its Life Care business more than offset negative results in its IT division. The Japanese group reported a 19.9 percent year-on-year increase in sales for Life Care ...
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News briefs
German industry association Spectaris bids farewell to Josef May, elects successors
Josef May, who has been chairman of the German industry association Spectaris and Chairman of the Consumer Optics division, has handed over his posts to two experienced successors after almost two decades on the board. Ulrich Krauss, CEO of Analytik Jena, was elected as the new chairman of the association ...
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News briefs
HOYA shares more myopia control research data
During the myopia symposium hosted by HOYA Vision Care at the International Myopia Conference in Rotterdam earlier this month, several ophthalmology experts shared new data on the performance of MiYOSMART, the Japanese group’s myopia control lens. Research by Dr. Andrea Lembo of the University Hospital San Giuseppe Multimedica in Milan ...
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News briefs
HOYA enters into JV with China’s Jiangsu Sigo Optical
HOYA Vision Care has announced the signature of a joint venture partnership with Jiangsu Sigo Optical (JSO), a Chinese lens manufacturer based in Danyang. The Japanese group is acquiring 61 percent of JSO’s shares while Liu Jianzhong, founder and CEO of the company, retains the remaining 39 percent. JSO will ...
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News briefs
HOYA Vision Care launches new MiYOSMART global campaign
HOYA VISION CARE has announced that it would roll out by the end of the year a new multi-support advertising campain called ”Myopia Care for Kids” in all the markets where it has started distribution of MiYOSMART, its myopia management lens. The company said that the campaign was both aimed ...
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ArticleTransatlantic retail alliance inks deals with Hoya and Rodenstock
KRYS GROUP, the French optical retail leader, has joined forces with Canadian-based Newlook Vision Group and General Optica, the Iberian retail subsidiary of De Rigo, to create a new purchasing alliance. Called Global Optical Alliance (GOAL), the organization has just announced the signature of partnerships with Hoya Vision Care and ...
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News briefs
HOYA acquires ophthalmology centers in France
HOYA VISION CARE has acquired Médic’Oeil, a network of ophthalmology practices in France. Founded in 2014, Médic’Oeil currently operates a total of seven centers in different regions where vision care equipment and administrative resources are shared between a number of ophthalmologists. HOYA said the acquisition was aimed at enhancing access ...
