Pentax 2006 Annual Report Download - page 14

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
10.3%
30.4%
2.9%
1.0%
Eye Care
Other Businesses
Vision Care Division
Hoya engages in the global production and sale of eyeglass lenses. Since this market is
relatively mature, sales growth is somewhat slow, but the Company has succeeded in
maintaining stable profitability by introducing high-value-added products and cutting costs
through the expansion of overseas production. Hoya is developing this business with a
focus on four key regions: Japan, Europe, North America and Asia/Pacific. Because each
region has its own unique characteristics, the Company develops business strategies in
response to the specific commercial practices and consumer tastes found in each locality.
Eyeglass lenses
Contact lenses
Intraocular lenses (IOLs)
Health Care Division
Hoya’s Health Care Division oversees the development of the Eye City chain of directly
managed contact lens specialty stores, and also produces intraocular lenses (IOLs) for the
treatment of cataracts. Eye City is the top player in this field in Japan. Customers appreciate the
way Eye City experts offer genuine customer consultation throughout the sales process, and
also enjoy the full after-sales service. Their preference for Eye City is reflected in continuously
growing sales and profit figures. In addition, with the global market for IOLs poised to keep
growing vigorously, IOLs are the most promising single product in Hoya’s Eye Care business.
Crystal Division: Hoya’s crystal products have to date targeted the gift market, but the
declining scale of this market has meant that the crystal business has continued to
contract. The Company has therefore decided to implement a major change of strategic
direction for this business, and will
develop new markets in line with an
entirely new concept.
Service Division: This division is
mainly engaged in the development
and operation of information
systems for the companies of the
Hoya Group.
8
6
4
2
0
Operating income ratio (%)
2003200420052006
10,000
8,000
6,000
4,000
2,000
0
Net sales (Millions of yen)
25
20
15
10
5
0
Operating income ratio (%)
40,000
30,000
20,000
10,000
0
Net sales (Millions of yen)
2003200420052006
20
15
10
5
0
Operating income ratio (%)
120,000
100,000
80,000
60,000
40,000
20,000
0
Net sales (Millions of yen)
2003200420052006