Pentax 2010 Annual Report Download - page 37

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Subsequent Events
On April 28, 2010, Hoya Corporation completed an agreement to transfer the hard disk glass
media manufacturing business and related assets operated by Hoya Corporation and HOYA
MAGNETICS SINGAPORE, PTE LTD., its wholly owned subsidiary, to the U.S. company
Western Digital Corporation as of June 30, 2010. The hard disk market is expected to continue
to see high growth going forward, mainly for notebook computers and digital household
appliances. Following the transfer, Hoya aims to leverage its glass materials technology and
precision processing technology and concentrate management resources on its glass
substrates for hard disks business, which currently hold the leading global market share, to
further enhance business competitiveness and achieve growth.
HOYA Annual Report 2010
36