HOYA Corporation announced that at the meeting of the Board of Directors, the company have passed a resolution regarding the change of Representative Executive Officer and Group Chief Executive Officer (CEO) as of March 1, 2022. Hiroshi Suzuki - change of designation from Director, Representative Executive Officer and Group Chief Executive Officer (CEO) to Director and Eiichiro Ikeda - Group Chief Technology Officer to Representative Executive Officer and Chief Executive Officer (CEO). Mr. Hiroshi Suzuki had expressed his resignation as Representative Executive Officer and Group CEO as of March 1, 2022, which was accepted by the Nomination Committee. After careful consideration and discussions by the Nomination Committee, Mr. Eiichiro Ikeda, currently Group Chief Technology Officer (CTO), was selected as the incoming Representative Executive Officer and Group CEO effective as of March 1, 2022. Mr. Hiroshi Suzuki will resign from his position as Representative Executive Officer and CEO. However, he will continue to serve as Chairperson of the Board of Directors until the 84 th Ordinary General Meeting of Shareholders which is scheduled for late June 2022. He will officially retire from the Board of Directors upon the conclusion of the 84th Ordinary General Meeting of Shareholders. Mr. Eiichiro Ikeda will assume the position of Representative Executive Officer and CEO from March 1, 2022, by resolution of the Board of Directors made today. At the 84th Ordinary General Meeting of Shareholders scheduled for late June 2022, the proposal for his appointment as a director will be submitted for approval by shareholders.
Hoya Corporation specialises in the manufacture and commercialisation of optical products. Net sales break down by business segment as follows:
- health (66%): manufacturing of health care products (75.4% of sales; eyeglass lenses and contact lenses) and medical products (24.6%; endoscopes, medical accessories, intraocular lenses, artificial bones and metal implants for orthopedics);
- information technology (33.1%): manufacturing of electronic products (78.2% of sales; photomasks for semiconductors, masks and devices for LCD screens and hard disks) and imaging products (21.8%; optical lenses, optical glasses and laser equipment);
- other (0.9%).
Net sales are distributed geographically as follows: Japan (28.9%), China (8.2%), Asia (24.7%), Europe (19.3%), the United States (15.1%), the Americas (2.4%) and others (1.4%).