Pentax 2009 Annual Report Download - page 8

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executives are able to make speedy and efficient decisions in their respective areas of responsibility on every-
thing from management of the expanded Hoya Group to construction of a business portfolio for the future.
Subsequently, at the June 2009 shareholders’ meeting, the number of internal directors decreased from four to
three. At the following meeting of the Board of Directors, five executive officers were appointed, including three
serving concurrently as directors. This was done with a view to enhancing the executive framework. In addition,
we have a governance framework where all the members of the Nomination Committee, Compensation Com-
mittee, and Audit Committee are outside directors. Their oversight has contributed to the reliability and trans-
parency of Hoya’s management.
Moreover, in developing optimal regional production and sales and promoting globalization, Hoya contin-
ues to carry on the corporate philosophy of “changing with the times and conditions and implementing selec-
tion and concentration.” At the root of this is, of course, the management principle of increasing product
competitiveness and heightening superiority in the market to ensure profitability. In my opinion, it is this phi-
losophy that serves as the backbone of our diverse businesses and flexible business strategy, enabling Hoya to
continue on as a sustainable company that provides society with solid value.
TO STAKEHOLDERS
I believe that all of us, shareholders, management, employees, and all our other stakeholders, are in the same
boat: the good ship Hoya. Perpetually raising Hoya’s corporate value benefits all stakeholders, and ultimately
leads to shareholder returns. Raising corporate value—in other words, raising Hoya’s future potential—is the
greatest priority of my day-to-day management.
Going forward, as the business environment will undergo dramatic changes, we will continue to walk the
road to new growth, relying on our impressive technological capabilities and unwavering corporate philosophy. I
hope for your continued understanding and support for Hoya’s management.
Perpetually raising Hoya’s corporate
value benefits all stakeholders
A MESSAGE TO OUR STAKEHOLDERS
Hiroshi Suzuki
President and CEO
6HOYA Annual Report 2009