Hoya Results

Hoya Corp has reported that its group sales and profits for the October-December quarter gained strongly on year due to demands for parts used in digital home electronics. The firm said its group net profit came to Y10.42BN, swinging from a loss Y2.13BN in the corresponding period a year earlier. The year-earlier red ink was related to pension-related special losses. Hoya said its group sales in the quarter climbed 12% to Y68.69BN (Y61.63).