Pentax 2005 Annual Report Download - page 11

Electro-Optics Division
The main products in this division include the mask blanks
and photomasks that are essential to the production of
semiconductors and LCDs, optical lenses for digital
cameras, and HDD glass disks. Thanks to the expanding
market for digital consumer electronics, this division
continues to record favorable results, and it plays a leading
role in the Hoya Group’s overall sales and profitability.
Photonics Division
The primary products in this division are medical and
industrial equipment that utilizes specialized light sources
and lasers. These optical (laser and ultraviolet) devices, built
on the application of optical technologies, are offered to
users in a wide range of fields, including industry and medical
services. Sales increased during the fiscal year under review,
as a result of corporate restructuring in fiscal 2005 that
transferred a certain subsidiary that had been part of the
Electro-Optics division to the Photonics division.
Vision Care Division
Hoya manufactures and sells mainly eyeglass lenses. The
mature state of the market meant that sales grew only
slowly during the fiscal year under review. However, the
introduction of high-value-added products and the adoption
of more efficient production at overseas plants have
contributed to the maintenance of steady profitability in this
division. Business is growing on a global basis, not only in
Japan, which has the greatest share of sales, but also in other
markets, particularly in Europe, Asia and North America.
Health Care Division
The production of contact lenses and their sale in Eye City
directly managed retail stores accounts for a large share of
sales in this division. Hoya maintains its lead in an
extremely competitive Japanese domestic market, thanks
to its client-focused approach and its unique ability to
ensure that its products and services are a precise match
for customer needs.
IOLs for cataract treatment, expected to be a growth
field, are also part of this division’s business.
Crystal Division
Crystal products, with their beautiful brilliance and sense of
artistry, continue to be seen as highly appropriate gifts, but
this division has continued to shrink as a result of difficult
economic circumstances, including the overall contraction
of the gift market and the competition introduced by
imported goods.
Service Division
This division includes the development and operation of
information systems and the temporary dispatch of
employees, mainly for Hoya Group companies.

2002200320042005
200,000
150,000
100,000
50,000
0
Net sales (Millions of yen)
40
30
20
10
0
Operating income ratio (%)
12
8
4
0
-4
-8
-12
Operating income ratio (%)
20
15
10
5
0
Operating income ratio (%)
25
20
15
10
5
0
Operating income ratio (%)
3
0
-3
-6
-9
-12
-15
Operating income ratio (%)
10
8
6
4
2
0
Operating income ratio (%)
12,000
8,000
4,000
0
Net sales (Millions of yen)
100,000
80,000
60,000
40,000
20,000
0
Net sales (Millions of yen)
35,000
25,000
15,000
5,000
0
Net sales (Millions of yen)
10,000
8,000
6,000
4,000
2,000
0
Net sales (Millions of yen)
2,000
1,500
1,000
500
0
Net sales (Millions of yen)
2002200320042005
2002200320042005
2002200320042005
2002200320042005
2002200320042005