Pentax 2012 Annual Report Download - page 22

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Global Personnel Organization
HOYA promotes global personnel to executive positions.
As of March 2012, the total number of Group employees stood at approximately
32,000 persons, of which about 90% are overseas personnel. As it expands its
business to the world, HOYA encourages localization, and this includes appointing
local staff to management roles.
Global Management
HOYA accelerates the globalization of management in step with the globalization of its
businesses.
Among various businesses, the three Life Care businesses (medical endoscopes,
eyeglass lenses and intraocular lenses) for which business strategies need to be
formulated and executed particularly from a global perspective are headed by
personnel with a wealth of knowledge and experience in their respective fields,
regardless of nationality. Each division develops business at the optimal location.
HOYA shifted its financial headquarters in 2003 to the Netherlands, the optimal
location for formulating and executing financial strategies. In 2011, HOYA
established a CEO Office in charge of the Group's portfolio strategies in Singapore,
which is located in a center of Asian markets that are expected to enjoy substantial
growth in the future. The CEO Office takes command of Hoy's global strategies.