Pentax 2012 Annual Report Download - page 55

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Co
py
ri
g
ht 2012 © HOYA CORPORATION
A
s a result and with Thailand's RX Super Labs accounting for a high share of
global supply to all regions, most of the HOYA' eyeglass lens subsidiaries,
including Japan and Europe, could not meet the demand from the customers and
were forced to suspend receiving orders for the lens types and volumes which
could not been produced in the local RX laboratories, mainly in the premium
segment of customized progressive lenses.
Consequently, compared to normal business circumstances, HOYA recorded a
negative impact of about 18 billion yen in sales and about 12 billion yen in
operating profit in the second half of fiscal year ended March 2012. Additionally,
in the second half of Fiscal Year ended March 2012, the Company recorded
extraordinary losses of about 6 billion yen due to the damage on factory's building
and equipments, which amount is expected to be recovered by insurance during
the next fiscal year.
Mr. Hiroshi Suzuki the President and CEO of HOYA Group as well as the entire
HOYA organization deeply apologizes to all customers worldwide for the
inconvenience caused by suspending the operation in Thailand, in the aftermath
of the flood event. HOYA also apologizes to all its stakeholders for the anxiety
caused with this unfortunate business interruption.