Pentax 2012 Annual Report Download - page 45

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ensure that appropriate management decisions are made to further enhance that
value.
The market environment remains severe, still reverberating from the impact of the
Lehman shock. Under these conditions, simultaneously managing multiple
businesses of different types is a difficult task, but I believe that HOYA's four
executive officers (three of whom are also internal directors) are doing a fine job
of assigning responsibilities in a balanced manner and steering the Company
ahead. Going forward, I anticipate that they will wield HOYA's brand power based
as it is on the Company's unrivalled dynamism, first-rate specialist abilities and
the reliability of HOYA quality and technologies, to achieve further growth.
I hope that all shareholders will continue to watch over HOYA's business with an
understanding of its great future potential.
July 2010*
Outside Director
Itaru Koeda
* The comment was given when he finished the first year as Outside Director of
the Company.
Co
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ht 2012 © HOYA CORPORATION