Pentax 2014 Annual Report Download - page 17

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HOYA REPORT 2014
Profit Profit before tax was 85,486 million yen; while profit for the year was 60,140 million yen. This
represented a significant drop of 6.3% and 16.9% compared to the previous consolidated
fiscal year. These are a result of extraordinary profits being recorded, including 32,187
million yen in insurance proceeds related to the handling of damages from the flooding in
Thailand in the previous consolidated fiscal year and 2,238 million yen tied to gains related
to the stop acquisition of sharesin OPTOTAL HOYA LIMITADA. Without these provisional
revenues, there were real increases in profits.
The ratio of profit before tax to sales was 20.0%, a 4.5 percentage point decrease from the
preceding consolidated fiscal year’s 24.5%.
declined. On the other hand, in the Life Care segment, eyeglass products posted a dramatic
growth in sales due to the recovery from the impact of the flooding in Thailand and the addition of
sales from the eyeglass lenses business absorbed from Seiko Epson Corporation. Sales of the
segment climbed significantly also because of solid performance by the contact lens and
endoscope businesses and the positive impact of the depreciation of the yen.
As a result, sales of continuing operations for the fiscal year under review amounted to 427,575
million yen, a 14.8% increase year on year.
Copyright 2014 © HOYA CORPORATION