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Hoya Corporation

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Hoya Corporation
Native name
HOYA chu thức hội xã
Company typePublic(K.K)
TYO:7741
TOPIX Large 70 Component
TOPIX 100 Component
IndustryPrecision instruments
FoundedHoya, Japan(November 1, 1941;82 years ago(1941-11-01))
FoundersShoichi Yamanaka
Shigeru Yamanaka
HeadquartersShinjuku-ku,Tokyo161-8525, Japan
Key people
Eiichiro Ikeda
(PresidentandCEO)
Products
RevenueIncreaseJP¥490 billion (FY2014) (US$4.1 billion) (FY 2014)
IncreaseJP¥ 92.8 billion (FY 2014) (US$ 777 million) (FY 2014)
Number of employees
34,635 (as of March 31, 2015)
WebsiteOfficial website
Footnotes / references
[1][2][3]

Hoya Corporation(Hoya chu thức hội xã,Hōya Kabushiki-gaisha)is a Japanese company manufacturingoptical productssuch asphotomasks,photomask blanks andhard disk driveplatters, contact lenses and eyeglass lenses for the health-care market,[4]medical photonics,[5]lasers,photographic filters,medical flexibleendoscopy equipment,and software. Hoya Corporation is one of theForbes Global 2000Leading Companies[6]and Industry Week 1000 Company.[7]

History of Hoya-Pentax merger[edit]

Hoya discussed a merger withPentaxinto Hoya Pentax HD Corporation during 2007. Hoya's primary goal was to strengthen its medical-related business by taking advantage of Pentax's technologies and expertise in the field of endoscopes, intraocular lenses, surgical loupes, biocompatible ceramics, etc. It was speculated that Pentax's camera business could be sold off after the merger. The merger was initially intended to be completed by October 1, 2007.[8]However, Pentax management decided to not pursue the originally planned share swap, and other options for a merger were discussed.[9]On May 25, the Pentax board of directors accepted Hoya's offer for a merger.[10]On August 6, 2007, Hoya completed a friendlytakeoverbid for Pentax and acquired 90.59% of the company.[11]On October 29, 2007, Hoya and Pentax announced that Pentax, as the company ceasing to exist, will merge with and into Hoya on March 31, 2008.[12]

The acquired Pentax surveying instrument business (later IT Asahi Co., Ltd.) and camera business (nowPentax Ricoh Imaging Co., Ltd.) were sold to Taiwan Instrument Co., Ltd. in 2009 andRicoh Co., Ltd.in 2011, respectively.

ReadSpeaker[edit]

On July 13, 2017, it was announced that Hoya had acquired ReadSpeaker. ReadSpeaker was founded in 1999 and headquartered inHuis ter Heide, Utrechtin the Netherlands at the time of the acquisition.[13]ReadSpeaker is atext-to-speechtechnology that allows users to highlight words that are being spoken, and users can save the speech in anMP3format.[14]It has been used to transform websites to speech. TheInternational Herald Tribuneemployed the tool to turn intopodcaststhe stories it publishes online.[15]In a paper for the 2016 International Conference on Software Process Improvement, José Ortega and his coauthors said, ReadSpeaker "works 100% online, is a good reference but is commercial and costs".[16]

See also[edit]

References[edit]

  1. ^"Corporate Profile".Hoya Corp. Archived fromthe originalon September 24, 2017.RetrievedSeptember 24,2015.
  2. ^"Company Snapshot".Bloomberg L.P.RetrievedSeptember 24,2015.
  3. ^"Financials".Bloomberg L.P.RetrievedSeptember 24,2015.
  4. ^"Home".Hoyalux iD.RetrievedAugust 10,2014.[permanent dead link]
  5. ^"Hoya Photonics, Inc™".Hoyaphotonicsinc.com. Archived fromthe originalon September 13, 2017.RetrievedAugust 10,2014.
  6. ^"Company Profile".Forbes.Archived fromthe originalon May 6, 2011.RetrievedSeptember 24,2015.
  7. ^"The 2013 IndustryWeek 1000".IndustryWeek.Penton Media.June 7, 2013.RetrievedAugust 10,2014.
  8. ^"Hoya and Pentax to merge".Digital Photography Review.December 21, 2006.RetrievedMay 16,2015.
  9. ^"Hoya chu thức hội xã"(PDF).Hoya Corp.RetrievedMay 16,2015.
  10. ^"Pentax finally accept Hoya offer".Digital Photography Review.May 25, 2007.RetrievedSeptember 24,2015.
  11. ^"Notice Regarding the Results of the Tender Offer for the Shares of PENTAX Corporation and Change of Subsidiary"(PDF).Hoya Corp. August 7, 2007.RetrievedAugust 7,2007.
  12. ^"Public Notice of Execution of Merger Agreement"(PDF).Hoya Corp. & PENTAX Corp. October 29, 2007.RetrievedOctober 31,2007.
  13. ^Lindemann, Roy (July 13, 2017)."HOYA's Memory Disk Division Acquires ReadSpeaker"(Press release). ReadSpeaker. Archived fromthe originalon May 16, 2020.RetrievedMay 16,2020.
  14. ^Squires, Robert I. (2018).Universal Design for Learning in Online Credit Recovery: Do Course Features Impact Achievement?(EdD dissertation).University of Montana.Archived fromthe originalon April 25, 2020.RetrievedApril 25,2020.
  15. ^Nicholson, Chris (October 11, 2006)."Talk to me, e-mail: Messages that can be heard - Technology - International Herald Tribune".The New York Times.Archived fromthe originalon May 16, 2020.RetrievedMay 16,2020.
  16. ^Peraza, Juan; Quiñonez, Yadira; Lizarraga, Carmen; Ortega, José; Olivarría, Monica (2017)."Identification of visually impaired users for customizing web pages on the Internet".In Mejia, Jezreel; Muñoz, Mirna; Rocha, Álvaro; San Feliu, Tomas; Peña, Adriana (eds.).Trends and Applications in Software Engineering: Proceedings of CIMPS 2016.Cham:Springer Nature.p. 286.ISBN978-3-319-48522-5.ISSN2194-5357.RetrievedMay 16,2020.

External links[edit]