Maximizing Shareholder Value｜HOYA as an Investment | HOYA REPORT 2023

Maximizing Shareholder Value

Advanced corporate governance structure

To ensure the effective functioning and objectivity of the management supervisory function, five out of seven directors are independent outside directors. As a monitoring board, outside directors enhance the quality of corporate governance by applying their wealth of management experience, insight and leadership ability to HOYA’s management.

Independent Director

Lead Independent Director
Hiroaki Yoshihara

Biography

Independent Director

Yasuyuki Abe

Biography

Independent Director

Takayo Hasegawa

Biography

Independent Director

Mika Nishimura

Biography

Independent Director

Mototsugu Sato

Biography

Eiichiro Ikeda

Biography

Ryo Hirooka

Biography

	Background of Outside Directors
	Corporate Management	Global Business	Finance/ Accounting	IT/ Technology	M&A	Sustainability/ESG	Medical
Hiroaki Yoshihara	●	●	●	●	●	●
Yasuyuki Abe	●	●		●	●	●
Takayo Hasegawa	●	●		●		●
Mika Nishimura		●			●	●	●
Mototsugu Sato	●	●	●		●	●

Pursuing capital efficiency

Return to shareholders and capital efficiency are among the key management considerations at HOYA.

Major management indicators and return to shareholders

Dividend per Share

ROE and EPS

Return of Value to Shareholders

Total Shareholder Return　(TSR)

This indicates the investment performance by taking share price changes and dividends into consideration, assuming that an index of 100 equals the amount of investment on March 31, 2018.