Pentax 2005 Annual Report Download - page 18

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Please find page 18 of the 2005 Pentax annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Hoya’s Eye Care field consists of the Vision Care division,
which is based on the production and sale of eyeglass
products—primarily eyeglass lenses, with frames as an
accompaniment—and the Health Care division, which
encompasses the production and sale of contact lenses and
intraocular lenses (IOLs). Both divisions are eye-related, but the
business models they use are different. While eyeglass lenses
are produced and sold on a wholesale basis to eyeglass stores
globally, Hoya operates its contact lens business on a retail
basis, with local production and a directly managed specialty
stores in Japan known as Eye City. The Eye City contact lens
business continues to grow steadily, thanks to the increasing
number of stores and their devotion to meeting the needs of
customers. IOLs are medical devices used in the treatment of
cataracts, and product development is proceeding mainly on
the basis of alliances with hospitals and clinics.
From a business perspective, different approaches are
required for each product, but only a company like Hoya,
which has been in the “eye” business for years, can offer this
high level of quality along with services that precisely meet
the needs of clients. Hoya is committed to offering multi-
faceted, dependable support for people’s eye care.
Eye Care
Business Overview
Hoya is extremely sincere about caring for
people’s eyes—the priceless gift of sight.