The Information Technology 100
Few have heard of Hoya outside the tech world, but the company is actually the world's largest supplier of specialty glass plates used in the production of chips and LCDs. It also makes components for hard-disk drives, as well as laser equipment for industrial research and medical use. The prolific Hoya is living large on the profits front. The insatiable global appetite for all manner of digital gadgets -- and by extension LCDs -- contributed to a 62% surge in net profit, to $599 million, in the fiscal year that ended March, 2005. Sales accelerated to $2.8 billion, up 13.5%. With big LCD makers such as Samsung Electronics and LG Philips ratcheting up production, Hoya is forecasting double-digit growth for its specialty glass products in the fiscal year now underway.
|Return on Equity||23.1%|
|CORPORATE WEB SITE|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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Hoya Corp. principally engages in information technology, eye care, and lifestyle refinement businesses. In the information technology business, the company manufactures and markets mask blanks and photo masks, which are indispensable to semiconductor production and photo masks for liquid crystal displays, as well as glass disks for hard disk drives in personal computers, and optical glass products for digital cameras and other optical equipment. The eye-care business comprises vision-care division, primarily providing eyeglasses; and the health-care division, which provides contact lenses, intraocular lenses for ophthalmological use, and hearing aids. In the lifestyle refinement business, the company manufactures and sells traditional crystal products, including jewelry, table ware, and decorative interior ornaments. Hoya operates mainly in North America, Europe, Asia, South Africa, and Brazil.
No. of Employees
Hiroshi Suzuki serves as a Director, President and Chief Executive Officer of Hoya Corp.