Pentax 2014 Annual Report Download - page 20

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HOYA REPORT 2014
Other
The Other businesses segment mainly consists of information system services offered to
the HOYA Group and outside customers as well as new business development. Revenues
from this segment stood at 2,739 million yen, which is equal to a rise in revenue of 20.7%
from the previous year. The segment´s profit totaled 602 million yen, a decrease of 27.5%
compared with the previous year.
Dividend Policy The Company manages group businesses from a global perspective and aims to
maximize corporate value by promptly adapting business portfolios to address changes
in the era and environment. As for the paying out of retained earnings as dividends, our
basic policy is to determine what we will do after considering the performance during the
current fiscal year, demand for capital in the medium to long term and the balance
between returning profits to shareholders and the need for a rich balance of retained
earnings to enable future corporate growth.
With respect to internal reserves, resources will be preferentially appropriated to investment
in the Life Care business field, which we have positioned as a growth business, for market
share expansion, entry into untapped markets, and nurturing and obtaining new
technologies. In addition to growth of existing businesses, the Company will also proactively
pursue possibilities including mergers and acquisitions to further enrich our business
portfolio and to speedily expand business operations. As for the Information Technology
business field, which has been positioned as a steady earnings business, we will continue
conducted. Production of the IOLs resumed in the second quarter of the consolidated fiscal
year under review and full-fledged sales activities resumed in overseas markets during the
third quarter of the consolidated fiscal year under review. Approval of sales was then
obtained for the Japanese market, a key market, and sales were gradually re-launched.
However, a cautious approach to the market led to a decline in annual sales below the
preceding consolidated fiscal year.
As a result, the Life Care segment reported sales of 265,470 million yen, a 27.0% increase
over the preceding consolidated fiscal year. The segment profit before tax was 49,689
million yen, a significant decrease by 22.6% from the preceding consolidated fiscal year
due to reporting the before-mentioned extraordinary profits in the preceding consolidated
fiscal year.
Copyright 2014 © HOYA CORPORATION