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The Hoya Group and Scope of Consolidation
The Hoya Group (the “Group”) consists of Hoya Corporation (the
“Company”), 67 consolidated subsidiaries (five in Japan and 62
overseas) and four affiliates (all in Japan). One of the four affiliates
is accounted for by the equity method. Compared with the end of
the prior consolidated fiscal year, five consolidated subsidiaries
were added through establishment of new companies, and one was
added by an acquisition. One consolidated subsidiary was
eliminated through merger with another subsidiary, and the number
of affiliates was reduced by one.
The Group is managed through consolidated group
management on a global basis. Each of the Group’s major business
divisions, centered on the Information Technology and Eye Care
fields, conducts its business on its own responsibility and authority
in accordance with the business strategies formulated by the Global
Headquarters at Hoya Corporation. By area, the regional
headquarters in North America, Europe and Asia conducts activities
such as strengthening relationships with the countries and areas in
their respective regions, providing legal support and conducting
internal audits, thereby supporting the promotion of business
activities. The Group’s financial headquarters is located in Europe.
Net Sales
Consolidated net sales for the fiscal year ended March 31, 2007
increased 13.3% year on year to ¥390,093 million. By main
business segment, net sales for the Electro-Optics division in the
Information Technology field rose 15.1% year on year, net sales for
32
(% of total)
100
75
50
25
0
2003 2004 2005 2006
2007
Electro-Optics
Photonics
Vision Care
Health Care
Other Businesses
2003 2004 2005 2006
2007
246
,
293 271
,
444 308
,
172 344
,
228
390,093
45
.
3
2
.
2
38
.
3
49
.
8
1
.
5
36
.
2
53
.
8
3
.
5
30
.
8
100
75
50
25
0
2003 2004 2005 2006
2007
166
,
178
11
,
705
32
,
639
35
,
771
188
,
441
12
,
404
37
,
486
33
,
113
230
,
946
12
,
648
33
,
803
30
,
775
244
,
998
24
,
527
39
,
232
35
,
471
270,373
30,928
51,336
37,456
100
75
50
25
0
2003 2004 2005 2006
2007
138
,
006
32
,
806
38
,
789
36
,
692
148
,
325
44
,
668
40
,
168
38
,
283
166
,
414
61
,
808
36
,
430
43
,
520
173
,
506
86
,
848
41
,
201
42
,
673
178,547
113,068
53,524
44,954
55
.
4
30
.
4
(Millions of yen)
Net Sales
Sales by Business Segment
56
.
2
30
.
7
111
,
461
5
,
485
94
,
388
26
,
717
8
,
242
135
,
071
4
,
116
98
,
203
28
,
381
5
,
673
165
,
664
10
,
749
94
,
971
31
,
409
5
,
379
190
,
552
10
,
093
104
,
457
35
,
484
3
,
642
219,252
9,093
119,808
40,850
1,090
2
.
92
.
3
3
.
3 2
.
1 1
.
7 1
.
0 0
.
3
10
.
910
.
410
.
210
.
5
10
.
3
67
.
5
4
.
8
13
.
2
14
.
5
69
.
4
4
.
6
13
.
8
12
.
2
74
.
9
4
.
1
11
.
0
10
.
0
71
.
2
7
.
1
11
.
4
10
.
3
69
.
3
7
.
9
13
.
2
9
.
6
56
.
0
13
.
3
15
.
8
14
.
9
54
.
6
16
.
5
14
.
8
14
.
1
54
.
0
20
.
1
11
.
8
14
.
1
50
.
4
25
.
2
12
.
0
12
.
4
45
.
8
29
.
0
13
.
7
11
.
5
Net sales
(Millions of yen)
(Millions of yen)
400
,
000
350
,
000
300
,
000
250
,
000
200
,
000
150
,
000
100
,
000
50
,
000
0