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HOYA's Invisible Assets Messages from Outside Directors
Copyright 2013 © HOYA CORPORATION
Itaru Koeda
Yutaka Aso
Chairman Emeritus and Advisor of
Nissan Motor Co., Ltd.
Chairman and Representative Director
of Aso Corporation
Outside director
Chairman of the
Compensation
Committee
Member of the
Nomination
Committee
Member of the
Audit Committee
Outside director
Member of the
Nomination
Committee
Member of the
Compensation
Committee
Member of the
Audit Committee
Each of the Hoya business units is adept at assessing its positioning and strength in the
market, and flexibly and actively addressing the challenges of changes in the environment.
Management's decision making is quick and clear, and executed with speed.
Regarding corporate governance, outside directors are fully functioning and engage in
vigorous discussions at each meeting of the Board of Directors.
I believe that Hoya, by using its strengths, has a lot of potential. The company is planting
various seeds for the future and is expected to keep growing by adapting to changes over
time. I think Hoya's shareholders and other stakeholders all have high expectations of the
company, particularly of its future growth. I hope Hoya will aim high and strive hard to
meet expectations of the stakeholders. I am involved in lively, candid discussions at the
meetings of the Board and assess whether executive officers are appropriately managing
the company. On top of that, what I have in mind is to contribute to developing Hoya's
management to capitalize on its strengths.
In my view, Hoya, being run by the founder's family, has distinctive strength in its capability
to make decisions and speedy judgments, and its continuity in missions and commitment.
Moreover, Hoya is specialized in the niche businesses where it has outstanding strength.
While a typical owner-manager company may lack fairness or appropriateness in making
or executing decisions, Hoya has welcomed many outside directors ̶ extremely rare
among Japanese corporations ̶ and those members of the board tend to be senior
citizens with rich experience. The open, active discussions at board meetings should also
be included in the list of Hoya's strengths. As one of the reasons why Hoya's corporate
governance is functioning well, I would like to give the nature of the CEO, who has a
cheerful and fair personality and a wealth of knowledge. During board meetings, outside
directors are encouraged to speak out with straight-forward opinions and comments.
The Life Care segment has high growth potential, and products made in Japan have
highly regarded and trusted in Asian countries. I am confident that the Life Care segment
will do much to drive Hoya's sales and earnings.
As is the case with many companies including Hoya, it is indispensable to increase
Japanese who can work in the global business scene as well as non-Japanese staff.
Leveraging my experience in medical-related business and my information on the market
trend and others, I would like to actively make remarks and give hints to the Company. I
am willing to share my views as a corporate owner, difficulties in management, and
experiences of risks and others.