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Hoya Corporation

 
Hoover's Profile: Hoya Corporation
(Tokyo:77410)
Contact Information
Hoya Corporation
2-7-5 Naka-Ochiai, Shinjuku-ku
Tokyo 161-8525, Japan
Tel. +81-3-3952-1151
Fax +81-3-3952-0726

Type: Public
On the web: http://www.hoya.co.jp
Employees: 34,592
Employee growth: (2.7%)

Hoya often finds itself in the public eye. The company makes electro-optical components used in high-tech and medical products. It straddles four fields: Eye Care sells vision care products, lenses and eyeglasses, and health care supplies, including intraocular lenses for cataract surgery. Life Care (Pentax) focuses on medical endoscopic tools, and Imaging Systems produces optical components and SLR/compact digital cameras. Within its Information Technology segment, Electro-Optics makes mask blanks and photomasks for semiconductor devices and LCD panels, digital camera optical lenses, and glass memory disks for HDDs, as well as photonics (laser equipment, light sources for electronics, and optical glass).

Key numbers for fiscal year ending March, 2009:
Sales: $4,578.3M
One year growth: (5.6%)
Net income: $253.1M
Income growth: (69.2%)

Officers:
President, CEO, and Director: Hiroshi Suzuki
COO and Director: Hiroshi Hamada
CFO and Director: Kenji Ema

Competitors:
Corning
JDS Uniphase
Oclaro

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Wikipedia: Hoya Corporation
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Hoya Corporation
Type Public company
TYO: 7741
Founded Tokyo, Japan (November 1, 1941)
Headquarters Tokyo, Japan
Key people Hiroshi Suzuki, President & CEO
Industry Electronic Compo-Misc
Products Optical and other products
Employees 3,220 (HOYA Group Total: 25,176) as of March 31, 2006
Website Hoya Corporation

Hoya Corporation (HOYA株式会社 Hoya Kabushiki Gaisha?) is a Japanese company that manufactures optical products including photographic filters, lasers, contact lenses, tableware and art objects. The headquarters are in 2-7-5 Naka-Ochiai, Shinjuku, Tokyo. It is one of the world's leading manufacturers of photographic filters.

Hoya acquired the camera company Pentax in 2007.

Contents

History of Hoya-Pentax merger

Hoya discussed a merger with Pentax into Hoya Pentax HD Corporation during 2007. Hoya's primary goal was to strengthen its medical-related business by taking advantage of Pentax's technologies and expertise in the field of endoscopes, intraocular lenses, surgical loupes, biocompatible ceramics, etc. It was speculated that Pentax's camera business could be sold off after the merger. The merger was initially intended to be completed by October 1, 2007.[1] However, Pentax management decided to not pursue the originally planned share swap, and other options for a merger were discussed.[2] On May 25, the Pentax board of directors accepted Hoya's offer for a merger.[3] On August 6, 2007, Hoya completed a friendly takeover bid for Pentax and acquired 90.59% of the company.[4] On October 29, 2007, Hoya and Pentax announced that Pentax, as the company ceasing to exist, will merge with and into Hoya on March 31, 2008.[5] Hoya will retain the Pentax brand name and reports $2,927.3 (mil) in sales.

Business ethics and corporate social responsibility

The company was criticized for supplying laser glass slabs to the National Ignition Facility (NIF) at the Lawrence Livermore National Laboratory.[6] The mayors of Hiroshima and Nagasaki have sent protest letters to the company.

See also

References

External links


 
 

 

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