Hoya Corporation

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Hoya Corporation
Native name
HOYA株式会社
Company type Public (K.K)
TYO: 7741
TOPIX Large 70 Component
TOPIX 100 Component
Industry Precision instruments
Founded Hoya, Japan (November 1, 1941;82 years ago (1941-11-01))
FoundersShoichi Yamanaka
Shigeru Yamanaka
Headquarters Shinjuku-ku, Tokyo 161-8525, Japan
Key people
Eiichiro Ikeda
(President and CEO)
Products
RevenueIncrease2.svg JP¥ 490 billion (FY 2014) (US$ 4.1 billion) (FY 2014)
Increase2.svg JP¥ 92.8 billion (FY 2014) (US$ 777 million) (FY 2014)
Number of employees
34,635 (as of March 31, 2015)
Website Official website
Footnotes /references
[1] [2] [3]

Hoya Corporation (Hoya株式会社, Hōya Kabushiki-gaisha) is a Japanese company manufacturing optical products such as photomasks, photomask blanks and hard disk drive platters, contact lenses and eyeglass lenses for the health-care market, [4] medical photonics, [5] lasers, photographic filters, medical flexible endoscopy equipment, and software. Hoya Corporation is one of the Forbes Global 2000 Leading Companies [6] and Industry Week 1000 Company. [7]

Contents

History of Hoya-Pentax merger

Hoya discussed a merger with Pentax into 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 friendly takeover bid 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 (now Pentax Ricoh Imaging Co., Ltd.) were sold to Taiwan Instrument Co., Ltd. in 2009 and Ricoh Co., Ltd. in 2011, respectively.

ReadSpeaker

On July 13, 2017, it was announced that Hoya had acquired ReadSpeaker. ReadSpeaker was founded in 1999 and headquartered in Huis ter Heide, Utrecht in the Netherlands at the time of the acquisition. [13] ReadSpeaker is a text-to-speech technology that allows users to highlight words that are being spoken, and users can save the speech in an MP3 format. [14] It has been used to transform websites to speech. The International Herald Tribune employed the tool to turn into podcasts the 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

Related Research Articles

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This article discusses the cameras – mainly 35 mm SLRs – manufactured by Pentax Ricoh Imaging Corp. and its predecessors, Pentax Corporation and Asahi Optical Co., Ltd.. Pentax must not be confused with Pentax 6x7 or Pentax 67 which are 120 medium format 6x7cm film cameras.

<span class="mw-page-title-main">Pentax (lens)</span>

Pentax lenses were first badged as Takumar. The Takumar branded lenses were well respected for their line of Super Takumar, which designated the high performance coating applied to the lens as well as the optical formulas used to make them. The majority of the industry at the time was still satisfied with the variations of the "plumb" coating process and later some of the two and three layer processes as well. Asahi Pentax soon introduced the Takumar Super-Multi-Coated line of lenses which was a 7 layer process as the industry had just caught up with similar forms of 5 layer multi-coated optics. Eventually Asahi Optical and Pentax slowly shifted much of their lens production under the Pentax name and transitioned some of the successful designs that were first introduced under the Takumar name to use Asahi/Pentax badging as well as beginning to use the "smc" abbreviation. Eventually the Asahi partnership disappeared and the Pentax name became solely used. Pentax lenses saw many feature changes to answer the market, such as: incorporating "Auto-Aperture" with the M42, the light weight and compactness with the 'M' series, Aperture Priority overrides with the 'A' series, and Auto-Focus with the 'F' series. Modern Pentax lenses for digital SLR cameras have seen the elimination of the aperture ring completely as found on Pentax DA and D-FA series lenses. They use the Pentax KAF mount. All of these lenses have an autofocus feature, either operated from the camera body or from an internal SDM motor. Pentax compatible lenses are also made by third-party companies.

<span class="mw-page-title-main">Pentax K-7</span> Camera model

The Pentax K-7 is a 14.6-megapixel digital single-lens reflex camera, announced on 20 May 2009. This is the first new flagship model released by Pentax since its merger with Hoya Corporation on 31 March 2008. It was discontinued late in 2010 in favour of the K-5.

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Mr. Jun Hirakawa(平川純) is a Japanese lens designer best known for creating the Pentax FA 43mm Limited and FA 77mm Limited lenses during his time at Pentax.

The DA* 16–50mm lens is a family of professional wide-angle lenses made by Ricoh Imaging. The current version, the HD DA* 16-50mm f/2.8L ED PLM AW, replaced the older smc DA* 16-50mm f/2.8 ED IF SDM lens in 2021.

References

  1. ↑ "Corporate Profile". Hoya Corp. Archived from the original on September 24, 2017. Retrieved September 24, 2015.
  2. ↑ "Company Snapshot". Bloomberg L.P. Retrieved September 24, 2015.
  3. ↑ "Financials". Bloomberg L.P. Retrieved September 24, 2015.
  4. ↑ "Home". Hoyalux iD. Retrieved August 10, 2014.[ permanent dead link ]
  5. ↑ "Hoya Photonics, Inc™". Hoyaphotonicsinc.com. Archived from the original on September 13, 2017. Retrieved August 10, 2014.
  6. ↑ "Company Profile". Forbes . Archived from the original on May 6, 2011. Retrieved September 24, 2015.
  7. ↑ "The 2013 IndustryWeek 1000". IndustryWeek . Penton Media. June 7, 2013. Retrieved August 10, 2014.
  8. ↑ "Hoya and Pentax to merge". Digital Photography Review . December 21, 2006. Retrieved May 16, 2015.
  9. ↑ "Hoya株式会社" (PDF). Hoya Corp. Retrieved May 16, 2015.
  10. ↑ "Pentax finally accept Hoya offer". Digital Photography Review. May 25, 2007. Retrieved September 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. Retrieved August 7, 2007.
  12. ↑ "Public Notice of Execution of Merger Agreement" (PDF). Hoya Corp. & PENTAX Corp. October 29, 2007. Retrieved October 31, 2007.
  13. ↑ Lindemann, Roy (July 13, 2017). "HOYA's Memory Disk Division Acquires ReadSpeaker" (Press release). ReadSpeaker. Archived from the original on May 16, 2020. Retrieved May 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 from the original on April 25, 2020. Retrieved April 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 from the original on May 16, 2020. Retrieved May 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. ISBN   978-3-319-48522-5. ISSN   2194-5357 . Retrieved May 16, 2020.
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