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CooperVision Launches MiSight® 1 day in Japan; Becomes First Myopia Control Contact Lens in Leading Vision Care Market

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CooperVision (Nasdaq: COO) launched MiSight 1 day in Japan on Feb 10, 2026, marking the first soft contact lens authorized by Japan's Ministry of Health, Labor and Welfare for children to correct myopia and slow progression.

The lens is approved in >40 countries, features ActivControl technology, and showed an average 59% reduction in myopia progression after three years. Japan represents ~12% of the global contact lens market and faces an estimated 77% myopia rate among elementary school children.

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Positive

  • Regulatory milestone: First soft myopia-control lens authorized for children in Japan
  • 59% average reduction in myopia progression over three years reported for MiSight 1 day
  • Market expansion into Japan, which is ~12% of the global contact lens market and large pediatric need

Negative

  • None.

Key Figures

Myopic elementary children in Japan: 77% Japan contact lens share: 12% Countries with approval: more than 40 +5 more
8 metrics
Myopic elementary children in Japan 77% Estimated share of Japanese elementary school children with myopia
Japan contact lens share 12% Japan’s share of global contact lens marketplace
Countries with approval more than 40 MiSight 1 day approved for myopia control
Myopia progression reduction 59% Average reduction in myopia progression after three years
No progression eyes 41% Proportion of eyes with no myopia progression after three years
Annual wear time more than half a billion hours Children’s annual cumulative wear time for MiSight 1 day
Myopic people by 2050 nearly five billion Projected global myopia prevalence by 2050
High myopia by 2050 nearly one billion Projected number of people with high myopia by 2050

Market Reality Check

Price: $81.48 Vol: Volume 1,498,874 vs 20-da...
normal vol
$81.48 Last Close
Volume Volume 1,498,874 vs 20-day average 1,953,771 (relative volume 0.77) before this news. normal
Technical Price 81.48 trades above 200-day MA 74.76, 14.62% below 52-week high and 31.9% above 52-week low.

Peers on Argus

COO was down 0.76% pre-news while key peers like HOLX, BAX, SOLV, WST and RMD sh...
1 Down

COO was down 0.76% pre-news while key peers like HOLX, BAX, SOLV, WST and RMD showed positive moves between 0.24% and 1.46%. Momentum scanner only flagged BDX moving down sharply, suggesting COO’s move was more stock-specific than sector-driven.

Historical Context

5 past events · Latest: Feb 05 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 05 Earnings date notice Neutral +2.5% Announcement of Q1 2026 results release and conference call timing.
Dec 29 Conference appearance Neutral +0.3% Planned presentation at the J.P. Morgan Healthcare Conference by CEO.
Dec 23 Board/activist agreement Positive -1.1% New independent director and cooperation agreement with Browning West.
Dec 04 Strategic review, chair change Positive +1.7% New Board Chair and strategic review with focus on buybacks.
Dec 04 Earnings and guidance Positive +1.7% Q4 and FY25 results with revenue growth and FY26 guidance update.
Pattern Detected

Recent corporate and financial updates have more often seen modestly positive price reactions, with only one notable divergence.

Recent Company History

Over the last few months, COO’s news flow has focused on governance, strategy, and financial performance. On Dec 04, the company reported Q4 and full-year 2025 results with revenue of $4,092.4M and fiscal 2025 non-GAAP EPS of $4.13, which coincided with a 1.74% gain. That same day, a strategic review and new Board Chair announcement also saw a 1.74% move. Later updates on the J.P. Morgan conference, Q1 2026 earnings date, and Board/cooperation changes had smaller mixed reactions, setting the backdrop for this product expansion news.

Market Pulse Summary

This announcement highlights CooperVision’s continued expansion of its myopia management portfolio, ...
Analysis

This announcement highlights CooperVision’s continued expansion of its myopia management portfolio, bringing MiSight 1 day to Japan, which represents about 12% of the global contact lens market and has high childhood myopia prevalence. The lens shows an average 59% reduction in myopia progression, with 41% of eyes showing no progression over three years. Investors may track adoption trends, regulatory developments, and how this launch complements the broader portfolio across more than 40 approved countries.

AI-generated analysis. Not financial advice.

CooperVision Strengthens Global Footprint with Expanded Access to Myopia Management in Asia-Pacific

ROCHESTER, N.Y., Feb. 10, 2026 /PRNewswire/ -- CooperVision today announced immediate availability of its MiSight® 1 day* myopia control contact lens in Japan, where as many as 77% of elementary school children are estimated to be myopic, equating to millions who could benefit from myopia control treatments.1 The country represents approximately 12% of the global contact lens marketplace.2

MiSight® 1 day is the first soft contact lens authorized by Japan's Ministry of Health, Labor and Welfare for use by children to correct myopia and control its progression.†‡3

"This milestone underscores CooperVision's deep commitment to improving the lives of children around the world with myopia by expanding access to proven solutions," said Jennifer Lambert, Vice President, Myopia Management and Cornea Care, CooperVision. "The launch of MiSight® 1 day in Japan represents an enormous step forward in that mission. Partnering with Japan's revered ophthalmology community, we are helping young patients see clearly today while protecting their vision for the future."

Myopia affects nearly one in three children worldwide and is expected to rise dramatically over the next few years.§4,5 By 2050, it's predicted that nearly five billion people will be myopic, with nearly one billion expected to have high levels of myopia.6 Also known as nearsightedness, myopia can significantly impact a child's quality of life—making it harder to participate in school, sports, and other activities.7,8 Myopia can also worsen rapidly, especially in younger children, so early intervention is important.9

MiSight® 1 day is approved for myopia control in more than 40 countries around the world, and is the first and only soft contact lens approved for myopia control in Japan, the United States and China.**††‡‡§§3,10 Worldwide, children wearing MiSight® 1 day contact lenses collectively account for more than half a billion hours annually.***11

Featuring CooperVision's proprietary ActivControl® Technology—alternating correction and treatment zones that correct vision while creating myopia defocus to help slow myopia growth—the lenses have demonstrated an average 59% reduction in myopia progression after three years with 41% of eyes having no progression.†††3,10

"This is another significant step forward in our mission to take on myopia at a global scale," said Debbie Olive, Chief Commercial Officer, CooperVision. "For children and families affected, myopia can impact more than vision—it can influence daily life, learning, and long‑term potential. Expanding access to proven myopia control solutions means families don't have to face these challenges alone in Japan or other communities around the world."

MiSight® 1 day is part of CooperVision's comprehensive portfolio of myopia control and management solutions—the world's largest evidence-based range of interventions. This includes daytime soft contact lenses, spectacles and overnight orthokeratology lenses, designed to meet the diverse needs and lifestyles of children with myopia. Last month, the company announced availability of its MyDay® MiSight® 1 day contact lenses in the United Kingdom plus select European and surrounding markets, further extending its portfolio and category leadership.

To find out more about CooperVision's contact lens portfolio and evidence-based myopia management interventions, visit: www.coopervision.com/select-region.

About CooperVision
CooperVision, a division of CooperCompanies (Nasdaq: COO), is one of the world's leading manufacturers of contact lenses. The company produces a full array of daily disposable, two-week and monthly soft contact lenses that feature advanced materials and optics, and premium rigid gas permeable lenses for orthokeratology and scleral designs. CooperVision has a strong heritage of addressing the toughest vision challenges such as astigmatism, presbyopia, childhood myopia, and highly irregular corneas; and offers the most complete portfolio of spherical, toric and multifocal products available. Through a combination of innovative products and focused practitioner support, the company brings a refreshing perspective to the marketplace, creating real advantages for customers and wearers. For more information, visit www.coopervision.com.

About CooperCompanies
CooperCompanies (Nasdaq: COO) is a leading global medical device company focused on helping people experience life's beautiful moments through its two business units, CooperVision and CooperSurgical. CooperVision is a trusted leader in the contact lens industry, helping to improve the way people see each day. CooperSurgical is a leading fertility and women's healthcare company dedicated to putting time on the side of women, babies, and families at the healthcare moments that matter most. Headquartered in San Ramon, Calif., CooperCompanies has a workforce of more than 15,000, sells products in over 130 countries, and positively impacts over fifty million lives each year. For more information, please visit www.coopercos.com.

Forward-Looking Statements
This press release contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995 including, among others, statements regarding the launch of MyDay® MiSight® 1 day. Forward-looking statements necessarily depend on assumptions, data or methods that may be incorrect or imprecise and are subject to risks and uncertainties. Among the factors that could cause actual results and future actions to differ materially from those described in forward-looking statements are risks relating to challenges inherent in developing, manufacturing, launching, marketing, and selling new or alternative products; potential product performance, availability and quality issues; competition; launch delays; and other factors described in CooperCompanies' Securities and Exchange Commission filings, including the "Business", "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections in Cooper's Annual Report on Form 10-K for the fiscal year ended October 31, 2024, as such Risk Factors may be updated in annual and quarterly filings. CooperCompanies cautions investors that forward-looking statements reflect the company's analysis only on their stated date. CooperCompanies disclaims any intent to update them except as required by law.

Media Contact
Laura DiCaprio, APR
McDougall Communications for CooperVision
laura@mcdougallpr.com or +1-585-434-2148

* Please consult your eyecare professional before using contact lenses.
Intended purpose (purpose or effect of use): Correction and slowing the progression of nearsightedness.
Compared to a single vision 1-day lens over a 24-month period.
§ Based on a comprehensive analysis of 276 studies, involving a total of 5,410,945 children and adolescents with spherical equivalent of -0.50D or less, aged 6-19 from across 50 countries, with notable variations in prevalence across different demographic groups.

** China Indications for Use: MiSight® 1 day is indicated for the correction of myopia for patients with non-diseased phakic eyes, who at the initiation of treatment are 8-12 years of age and have a refraction of -0.75 D to -4.00 D with ≤ 0.75 diopters of astigmatism. It has the dual focal design with alternating multiple rings, which allows part of the light passing through the optical zone to focus in front of the retina, forming myopic defocus with the expectation to slow the change of axial length of the patients. Fitting and evaluation of the product should be in medical institutions by ophthalmologists with an intermediate title or above and with regular monitoring. It must be used in strict accordance with the IFU requirements.
†† U.S. Indications for Use: MiSight® 1 day (omafilcon A) soft (hydrophilic) contact lenses for daily wear are indicated for the correction of myopic ametropia and for slowing the progression of myopia in children with non-diseased eyes, who at the initiation of treatment are 8-12 years of age and have a refraction of -0.75 to -4.00 diopters (spherical equivalent) with ≤ 0.75 diopters of astigmatism. The lens is to be discarded after each removal
‡‡ Compared to a single vision 1-day lens over a 3-year period.
§§ Intended purpose (purpose or effect of use): Correction and slowing the progression of nearsightedness.
*** Based on actual wearing hours as reported by study participants, plus estimated wearing hours for current total real-world wearers, assuming compliance with wearing times as per the indication.
††† Compared to single vision lens, no clinically meaningful change in refractive error (-0.25D or less from baseline). Fitted at 8-12 years of age.

1 Yotsukura E et al. Current prevalence of myopia and association of myopia with environmental factors among school children in Japan. JAMA Ophthalmol. 2019; 137(11): 1233-9.
2 Contact Lens Institute data, Q3 2025.
3 CVI data on file, 2025.
4 Liang J, Pu Y, Chen J, et al. Global prevalence, trend and projection of myopia in children and adolescents from 1990 to 2050: a comprehensive systematic review and meta-analysis
British Journal of Ophthalmology 2025;109:362-371.
5 James S. Wolffsohn, Monica Jong, Earl L. Smith, Serge R. Resnikoff, Jost B. Jonas, Nicola S. Logan, Ian Morgan, Padmaja Sankaridurg, Kyoko Ohno-Matsui; IMI 2021 Reports and Digest – Reflections on the Implications for Clinical Practice. Invest. Ophthalmol. Vis. Sci. 2021;62(5):1. https://doi.org/10.1167/iovs.62.5.1.
6 Holden BA, Fricke TR, Wilson DA, et al. Global prevalence of myopia and high myopia and temporal trends from 2000 through 2050. Ophthalmology. 2016;123(5):1036-1042.
7 E. L. Lamoureux et al. Myopia and Quality of Life: The Singapore Malay Eye Study (SiMES). IOVS 2008;49(13):4469.
8 Chua S.Y.L., Foster P.J. (2020) The Economic and Societal Impact of Myopia and High Myopia:53-63. In: Ang M., Wong T. (eds) Updates on Myopia. Springer, Singapore.
9 K. Zadnik et al. Factors Associated with Rapid Myopia Progression in School-aged Children. IOVS 2004;45(13):2306.
10 Chamberlain P, et al. A 3-year Randomized Clinical Trial of MiSight® Lenses for Myopia Control. OVS 2019 Aug;96(8):556-567.
11 CVI data on file 2025. Internal global wearer modeling estimates for the 12-month period of October 2024 to September 2025.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/coopervision-launches-misight-1-day-in-japan-becomes-first-myopia-control-contact-lens-in-leading-vision-care-market-302681677.html

SOURCE CooperVision, Inc.

FAQ

What did CooperVision announce about MiSight 1 day in Japan (COO) on Feb 10, 2026?

CooperVision launched MiSight 1 day in Japan as the first soft lens authorized for children to control myopia. According to the company, this authorization expands access in a market where an estimated 77% of elementary school children are myopic.

Is MiSight 1 day approved for myopia control and how effective is it (COO)?

Yes; MiSight 1 day is approved for myopia control in more than 40 countries, including Japan, the US and China. According to the company, studies showed an average 59% reduction in myopia progression after three years.

Why is the Japan launch significant for CooperVision (COO) and investors?

The Japan launch gives CooperVision access to a market representing about 12% of global contact lens sales with high pediatric need. According to the company, this expands its myopia management footprint in a major Asia-Pacific market.

What technology does MiSight 1 day use to slow myopia progression (COO)?

MiSight 1 day uses proprietary ActivControl Technology with alternating correction and treatment zones to create myopia defocus. According to the company, this optical design is the basis for measured reductions in myopia growth in clinical studies.
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