Pentax 2013 Annual Report Download - page 25

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Special Features for 2013 Potential of the Eyeglass Lens Business, a growth driver
Copyright 2013 © HOYA CORPORATION
We aim at growing at a higher rate than the industry.
In April 2012, Hoya acquired 100% of issued and
outstanding shares of Optotal Hoya S.A., the largest
prescription lens laboratory in Brazil, and made it a
wholly-owned subsidiary. In February 2013, the
eyeglass lens development and manufacturing
business of Seiko Epson Corporation was transferred
to Hoya. Through these activities, we expanded our
business in this fiscal year ended March 2013 and
our sales in the fourth quarter exceeded the quarterly
sales level prior to the flooding in Thailand.
In developed countries such as the U.S., Europe,
Japan, and Australia, we are witnessing growing
needs for the integrated double surface designed
progressive lens, as progress in aging of the
population means greater demand for presbyopia
eyeglasses, and for our special surface coating, as
more people use smart-phones, tablet PCs, and
other mobile devices. These are the product areas
we have been focusing on. We will continue to do so
to accelerate our growth.
Turning into emerging markets such as China, India,
Russia, and South America, our strategy is to use
our strong financial base and to offer a wide range of
products that cover low-priced products as well as
high value-added products and features including
the integrated double surface progressive lenses and
the anti-reflection coating.
Our team of dedicated high-performance members
has made a great start of the new fiscal year, with an
exciting product development roadmap that will
undoubtedly support our future growth. We will strive
hard to meet your expectations.