All Hoya 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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ArticleSlight average eyewear stocks price hike in Q1 reflects extreme ups and downs
The average stock price of public eyewear companies inched up by 1.6 percent on a non-weighted basis during the first quarter of 2024, slowing down from the 8.4 percent growth calculated for Q4 2023. The Q1 2024 performance also fell short of the 8.1 percent quarter-on-quarter growth of the MSCI ...
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ArticleHoya production and order systems greatly affected by cyberattack
Please click here for the most recent update on this news. Hoya Corporation announced on April 4 that, following the discovery on March 30 of an IT system failure at one of its overseas subsidiaries, some of the group’s production plants and order systems for several products had been ...
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ArticleOrganic growth and network expansion fuel Krys Group momentum
KRYS GROUP claims that it consolidated its market leadership in France last year as solid organic growth and the “exceptional” expansion of its retail footprint enabled the company to outperform the French optical market growth (+5.5 percent according to GFK) by three percentage points. Total network sales in the country ...
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ArticleSustained eye care sales growth and IT unit rebound for HOYA in Q3
HOYA CORPORATION has reported another quarter of solid growth in its Life Care business unit, as total revenue went up by 12 percent year-on-year to 133.5 billion Japanese yen (€842m) in reported terms for the quarter ended Dec. 31, 2023. At constant exchange rates, Life Care increased by 6 percent ...
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ArticleEyewear stock price up 8% in Q4, sector market capitalization up 10% year-on-year
Along with our usual quarterly update on public eyewear companies’ stock price variations, we are also publishing in the table below the year-on-year changes to provide a longer-term perspective, as well as our annual market capitalization ranking further down on this page. After a negative third quarter, the average stock ...
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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
Spectaris has a new chairman
SPECTARIS, the German industry association for optics and other related sectors, has announced the election of Dr. Bernhard Ohnesorge as its new chairman. Ohnesorge, who is the managing director of Carl Zeiss Jena GmbH was elected with over 90 percent of the votes at the last general meeting of the ...
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ArticleLife Care unit drives Hoya in Q1
HOYA Corporation has announced a 15 percent year-on-year increase in revenue to 127 billion Japanese yen (€811m) for its Life Care division in the first quarter of its new fiscal year. On a constant currency basis, sales were up by 11 percent. The group said that all major products contributed ...
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ArticleTwo retail groups top our Q2 stock price chart
Stock prices of eyewear industry companies confirmed in Q2 their upward trend started in the previous quarter. On a non-weighed average basis, they increased by 12.5 percent quarter-on-quarter overperforming the 6.3 percent rice of MSCI World, a global index comprising over 1,500 companies. EWI Stock price chart Q2 2023 ...
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News briefsHOYA seeks coverage for myopia-prevention lenses in France
HOYA has published an open letter in three French dailies: Le Monde, Le Figaro and Libération. The company is prevailing on the French government to provide coverage in its public healthcare system for lenses designed to slow the development of myopia in children. At the moment only private supplemental insurance ...
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ArticleEyewear stocks start 2023 on the right foot
Stock prices of eyewear companies were off to a good start of the year, with an average growth of 13 percent on a non-weighted basis in Q1 2023 compared with Q4 2022. It is the first time in more than a year that their average value significantly increased, overperforming the ...
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News briefs
Spescavers launches myopia management in domestic market
The Specsavers group has announced that it was launching the myopia management product category in the U.K. and the Republic of Ireland after having trained clinicians and retail colleagues through online sessions and roadshows. The company noted that the training of retail staff was aimed at giving them an understanding ...
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ArticleNew top management structure to steer MAGRABi's expansion plans
MAGRABi Retail Group, a leading eyewear retailer in the Middle East, has reshuffled its top management structure with several key appointments at the start of 2023, after the company strongly accelerated its investments in both network expansion and vertical integration in the course of last year. Effective Jan. 1, Amin ...
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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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ArticleStrong stock price variations for eyewear companies in Q3
On a non-weighted average basis, stock prices of publicly listed companies in the eyewear sector went down by 1.3 percent in the quarter to September 30 in an apparent relative recovery from the 17 percent dive reported for the previous quarter. It compares slightly unfavorably with the global MSCI index, ...
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ArticleLeading French buying group evaluates lens suppliers
Along with Galileo Business Consulting, the Centrale des Opticiens (CDO) – which purports to France’s largest buying group for independent opticians – has conducted a survey of its membership to map the lay of the land between opticians and their lens suppliers. The results were released on the occasion of ...
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ArticleMaterialise sees its eyewear volumes triple within 5 years
Created in 2014, the eyewear division of Materialise, the Belgian-based 3D printing specialist, has introduced several innovations for 3D-printed glasses and has established itself as the market leader in the field. Ahead of the Silmo trade show, we sat down with Alireza Parandian, the unit’s manager, to reflect on the ...
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ArticleEyewear companies stocks down by 17% in Q2
Contrary to other sectors such as energy, aerospace, defense or agriculture, which saw their stock value increase significantly in the last few months, the eyewear industry was not among the beneficiaries from the move of global money away from investments in Big Tech companies. Indeed, the 23 eyewear public companies ...
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ArticleNew HOYA CEO presents group’s roadmap
During the presentation of HOYA’s annual results last month, Eiichiro Ikeda, who was appointed as CEO at the start of the year, delivered an update on the group’s roadmap and main management challenges for the years ahead. After having taken a look back at the HOYA’s 80-year history and reaffirmed ...
