Hoya Corp - Company Profile
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Business Description
Hoya Corp (Hoya) is one of the leading medical technology companies that manufactures and supplies specialty glass, optical glasses and eyeglasses for the vision care market. The company markets high-tech products based on its advanced optics technologies. It serves medical, healthcare and IT sectors. Hoya provides medical endoscopes, optical lenses, eyeglasses, intraocular lenses, and components for semiconductor devices, LCD panels, and HDDs.
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R&D Overview
Hoya conducts R&D to advance its core technologies including glass formation, glass melting, molding, polishing, thin film, optics design, precision processing (lithographic technologies) and optomechatronics. The company also focuses on developing new products. The company builds its high-tech products using its pioneering optics technologies. In FY2023, the company spent JPY29,415 million on R&D, which increased 15.9% over that in the previous year.
Business Segments
Overview
-Develops and markets a broad range of electronics, imaging, and other solutions. -The electronics division consists of blanks and photomasks for semiconductors and LCD panels, and glass disks for HDDs. –The imaging division comprises optical glass, optical lenses, lens units, laser equipment, and UV light resources, which are used for importing pictures and video images as digital information. -Also offers other solutions including IT system architecture, speech synthesis software, and cloud-based services and corporate venture capital. -Focuses on developing and marketing a broad spectrum of innovative applications. Major factors for the growth of the segment include investments of cloud service providers in data centers; focus on development and commercialization of next-generation Extreme Ultra Violet (EUV) technology, which facilitates manufacturing of finer circuit patterns; and surveillance camera and autonomous driving technology fields.
Performance
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Overview
-Manufactures and sells healthcare and medical products. -Healthcare related products consist of eyeglass lenses and contact lenses. -Medical related products consist of medical endoscopes, laparoscopic surgical instruments, intraocular lenses, prosthetic fillers and orthopedic implants. -Considers eyeglass lens product-line and independent retailers as the major factors for its growth. Plans to come up with retailer-specific strategies to augment growth.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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