Hoya Announces Second Quarter Financial Results

TOKYO, November 5, 2010 - HOYA Corporation today announced financial results for the second quarter
ended September 30, 2010. Net sales were up 0.2% to 107,075 million yen
year-on-year, and operating income rose 0.3% to 18,768 million yen. Net
income was up 24.5% to 12,891 million yen, and earnings per share were 29.88
yen compared with 23.91 yen in the same period last year.

During the quarter, HOYA group's production and shipments were
higher compared with those for the same quarter last year, although sales
were significantly affected by lower product prices and the appreciation of
the yen.

"At constant currency, we see a double-digit growth in many divisions in
the Life Care segment," said Hiroshi Suzuki, chief executive officer of HOYA.
"I believe we are on the right track in the businesses including eyeglass
lenses, intraocular lenses and contact lenses."

For the first six months of this fiscal year ended September 30,
2010, net sales were 212,667 million yen, up 5.4% year-on-year, and operating
income rose 38.9% to 38,907 million yen. Net income amounted to 33,916
million yen, up 138.8% year-on-year basis, and earnings per share for the
period were 78.62 yen compared with 32.81 yen in the same period last year.

The full quarterly report is available in "Financial Statement"
page in HOYA website Investor Relations section at:
www.hoya.co.jp/english/

*Results are preliminary and unaudited.

*The yen amounts shown therein are rounded down to the nearest million.

About Hoya Corporation

Founded in 1941 as Japan's first specialty manufacturer of
optical glass, Hoya today is a global broad-based IT/health care company and
the leading supplier of innovative high-tech products and services based upon
its advanced optics technologies. Hoya is active in two main fields of
business: The Information Technology provides mask blanks for the
semiconductor devices and LCD panels, glass disks for HDDs, and optical
lenses. The Life Care provides eyeglasses, intraocular lenses for cataract
surgery and contact lenses. Merged with Pentax in 2008, Hoya also
manufactures SLR/compact digital cameras and endoscopic system under Pentax
brand. Headquartered in Tokyo, Japan, Hoya now has over 100 subsidiaries and
affiliates, and employs approximately 37,500 people worldwide. For more
information, visit www.hoya.co.jp.

Contact Information: Akiko Maeyama / Naoji Ito, Corporate Communications, Hoya Group, Tel: +81-3-3232-0065 / E-mail: HOYA-pr at mb.hoya.co.jp