All Topcon articles
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News briefsRecord sales and profits for Topcon’s eye care business
Japanese-based equipment maker Topcon has reported record sales of 54.2 billion Japanese yen (€338m) for the first nine months of its current fiscal year ending March 2024, up by 9.9 percent year-on-year. The topline growth was driven by the group’s domestic market (+17.2%) and the rest of Asia (+23.8%) with ...
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News briefs
Topcon settles U.S. lawsuit with Carl Zeiss Meditec
Japanese-based equipment maker Topcon has announced that it would incur an extraordinary loss of 3,341 million Japanese yen (€21 m) to settle a lawsuit filed against its U.S. subsidiaries, Topcon Medical Systems and Topcon Healthcare Solutions, by Carl Zeiss Meditec. According to the German company’s statement, Topcon U.S. branches made ...
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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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News briefs
Topcon upgrades outlook after solid H1
Japanese-based hardware manufacturer Topcon has upgraded its full-year outlook for its eye care business unit after sales went up by 9 percent year-on-year to 34.5 billion Japanese yen (€216m) in the first half of its 2023/24 fiscal year, thanks notably to stable investments in screening, optometry and diagnostic equipment by ...
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News briefs
Sales and profit up in Q1 at Topcon Eye Care division
Topcon has reported an 18 percent year-on-year increase in sales to 17 billion Japanese yen (€10 m) at its Eye Care unit for the first quarter of its new fiscal year, with good performances from both the screening and core business segments. The company does not communicate revenue growth at ...
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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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ArticleScreening and shared data at the core of TOPCON 2025 plan
Japanese-based equipment maker TOPCON has reported a strong growth in revenue and stable margins for its eye care division in its fiscal year ended March 31. The company also presented its mid-term business strategy and 2025 targets, with a strong focus on its screening and software businesses that are expected ...
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News briefs
Topcon and National Vision lead $8 m investment round in Toku Eyes
Toku Eyes, a New Zealand-based tech company specializing in AI-powered eye screening tools has announced the completion of a $8 million Series A investment round that will help it accelerate its technical and commercial development. The round was led by National Vision, a leading U.S. optical retail group with over ...
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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
Topcon Eye Care sales up 19% in Q3
Japanese-based equipment maker Topcon has reported a 19 percent year-on-year increase in revenue to a record high 49,289 million Japanese yen (€348 m) for its Eye Care division in Q3. Both the screening devices and the digital optometry systems’ categories grew strongly in the quarter. Favorable currency variations against the ...
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News briefs
Topcon appoints new CEO
Effective April 1, Takashi Eto will be appointed as the president and CEO of Topcon in replacement of Satoshi Hirano who has been at the helm of the Japanese group since 2013. Eto entered the company in 1990 and rose through the ranks to hold senior management roles at the ...
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News briefs
Topcon eye care business still driven by U.S. and Europe retail chains
Japanese equipment maker Topcon has reported a 25 percent year-on-year jump in revenue to 31.5 billion Japanese yen (€218 m) for its eye care division for the first half of the year. The group said that the sales increase was again driven by the U.S. and European markets, in spite ...
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News briefs
Topcon explains mid-term growth strategy
In its annual report, eye care equipment maker Topcon, said that it has identified its screening business and its China business as the two main mid-term growth drivers. In the screening business, the company is expecting continuous growth for screening and tele-optometry devices from Europe and the U.S. for the ...
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News briefs
Topcon Eye Care unit up 23% in Q1
Topcon sales of eye care equipment jumped by 23 percent year-on-year to 14,051 million yen in Q1 2022 in reported terms, an all-time high, while the division’s operating profit margin almost doubled to 4.0 percent in the period. The company highlighted the continuous expansion of its sales to optical retail ...
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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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Sales and profits’ rebound at Topcon eye care unit
Topcon has reported record-high revenues and profits for 2021 at group level, reaching total sales of 176.4 billion Japanese yen (€1.2 bn), up 28.5 percent year-on-year, and more than doubling its operating income to ¥15.9 billion (€110.5 m). Net sales in the eye care business unit grew at roughly the ...
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ArticleEyewear industry stock prices down 13% in Q1
The first quarter of 2022 was the worst quarter for global equity markets since the first quarter of 2020 when the Covid-19 pandemic started spreading worldwide, leading to travel restrictions and lockdowns and prompting stock markets to collapse in March. Since the start of this year, the U.S. equity market ...
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News briefs
Topcon reports record Q3 eyecare revenue
Topcon has reported a 43 percent year-on-year increase in Q3 sales for its eye care equipment division, with revenue reaching 41.4 billion Japanese yen (€320m-$362m). The business unit provides ophthalmic instruments for examination, diagnosis, treatment as well as optometric instruments for refraction and eye-glasses lens processing. Topcon said that demand ...
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Silmo Paris announces its Silmo d’Or awards online
In spite of the cancellation of this year’s edition of the show, the organizers of Silmo Paris have decided to proceed with some parts of their usual program, including the annual distribution of the Silmo d’Or awards. However, instead of the usual festive event, the Silmo d’Or laureates were ...
