Persisting in Profitability
Since its listing on the First Section of the Tokyo Stock Exchange, HOYA has never reported a loss. This is due to our “business portfolio management” and our strategic byword, to be “a big fish in a small pond.” We keep adjusting our business portfolio through investment allocation decisions according to the needs of the time. We also acquire and maintain high shares in niche markets, which we develop by exploiting our strengths, to maximize profits.
HOYA’s continued net profit since its TSE listing in 1973
HOYA has never reported a loss since its TSE listing.
|1962||Began production of eyeglass lenses.|
|1972||Began production of contact lenses.|
|1973||Listed on the First Section of the Tokyo Stock Exchange.|
|1974||Began production of photomask substrates for semiconductors.|
|1983||Began production of photomasks for semiconductors.|
|1986||Constructed the R&D Center.|
|1987||Began production of intraocular lenses and glass mold lenses.|
|1991||Began sales of glass disks for HDDs.|
|1995||Invited the first outside director.|
|1997||Completed the establishment of the area HQs for Europe, North America, and Asia.|
|2003||Shifted to a company with Committees system.
Independent directors represented the majority of the Board of Directors.
|2008||Merged with PENTAX Corporation.|
|2009||Terminated the Crystal Glass business.|
|2010||Sold the hard disk glass media manufacturing operation.|
|2011||Sold the PENTAX Imaging Systems business.|
|2013||Acquired the eyeglass lens development and manufacturing business from Seiko Epson Corporation.|
|2014||Acquired a stake in Seiko Optical Products (engaged in sale of eyeglasses and related products) and made it a consolidated subsidiary.|
|2017||Concluded a contract to acquire Performance Optics, LLC. (engaged in manufacture and sale of eyeglass lenses).|
|2019||Acquired U.S.-based Mid Labs and Germany-based Fritz Ruck (manufacture and sales of ophthalmic medical devices).|
*HOYA has prepared its consolidated financial statements in accordance with IFRS since the fiscal year ended March 31, 2011 in lieu of the Japanese standard.