Pentax 2002 Annual Report Download - page 2

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Hoya Corporation is engaged in three fields of business:
Information Technology, Eye Care and Lifestyle Refinement. In
the Information Technology field, the Company manufactures and
markets mask blanks and photomasks that are indispensable to
semiconductor production and photomasks for liquid crystal
displays (LCDs), as well as glass disks for hard disk drives
(HDDs) in personal computers and optical glass products for
digital cameras and other optical equipment. The Company has
achieved an unshakeable position in the Information Technology
field through its technological expertise and R&D capabilities.
The Eye Care field is divided into two divisions: the Vision
Care division, primarily involving eyeglasses, and the Health Care
division, including contact lenses, intraocular lenses for
ophthalmological use, and hearing aids.
During the fiscal year ended March 31, 2002, Hoya’s
Information Technology operations—with the exception of
photomasks for LCDs—were faced with a difficult environment.
In contrast, the Company’s business portfolio strategy gave
traction to earnings in the Eye Care field.
Hoya’s Lifestyle Refinement operations consist of the
manufacture and sale of traditional crystal products. At present
this sector is engaged in a sweeping reorganization, with the goal
of becoming a contributor to the performance of the Hoya Group.
Profile
Cautionary Statements with Respect to Forward-Looking Statements
Statements made in this annual report with respect to plans and future performance that are not
historical fact are forward-looking statements. These statements are based on management’s
assumptions and beliefs in light of the information currently available to it. Hoya cautions that a
number of factors could cause actual results to differ materially from those discussed in the
forward-looking statements. Such factors include but are not limited to foreign exchange rates,
market trends and economic conditions.
Hoya’s fiscal year ends on March 31. In this annual report, reference to years indicate the period
ended March 31 of the year indicated.