Pentax 2011 Annual Report Download - page 36

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Fiscal 2011 Business Overview and Results Outlook for Fiscal 2012
Fiscal 2011 Business Overview and Results
In fiscal 2011, sales of color filter glass were buoyant throughout the year. Sales of light source
products rose in the first half but fell as the second half began. Toward the end of the fiscal year,
however, their sales picked up visibly amid rapid expansion of the market for smartphones. This
expansion should further boost sales in fiscal 2012.
A
ll in all, sales at existing businesses grew 16% year on year in fiscal 2011, meeting the
Company’s goal. Sales of specialty glass for image sensors was added for reporting in October
2010, upon the product category was split from Hoya for merger with a wholly owned subsidiary
comprising the Photonics Division.
Outlook for Fiscal 2012
In fiscal 2012, UV-LED light source devices will be a major
theme for the Company. UV light sources have a range of
applications, including the curing of electronic and optical
adhesives. Hoya is developing new light source devices for
widening the area of UV irradiation from spot to area exposure,
and in the fiscal year under review the Company developed a
UV-LED exposure unit capable of exposing a broad area. Hoya
is already exploring new applications for this technology,
including UV printing, and in fiscal 2012 it will be looking to
ramp up sales.
The Company will also aim to increase sales of the specialty
glasses that currently underpin its business framework, with a
view to capturing top share of the market in each application.
In color filter glass, which is used in various applications
including industry and medicine, a glass melting joint venture in China began operating in the
first half of 2011. The Company expects this joint venture to enhance its cost competitiveness,
affording it an extra edge over global rivals.
Hoya’s polarized glass is used in optical communications isolators, demand for which is
expected to grow in tandem with rising investment in optical communications networks,
especially by China, India, and other emerging economies.
In addition, the Company’s image sensor glass is an essential component of the CCD and
CMOS image sensors that in turn are critical elements of digital cameras. By improving both
performance and finish, Hoya aims to increase its share of the digital SLR camera market, for
which particularly strong growth is projected.
UV-LED spot light source
Polarized glass (CUPO)