Grobal Group Management

Hoya's corporate organization is distinguished by its "internal company system," based on business portfolio management, and consolidated Group operations with regional management oversight.

The Global Headquarters is an elite management organization of approximately 60 staff members specializing in corporate strategy based on evaluation of investment returns from internal companies and subsidiaries from the shareholders' viewpoint, to ensure the most efficient use of capital. The system aims to maximize corporate value through construction of optimal business portfolios and generating cash flow by allocating capital to growth areas within in the Group and new business developments.

The internal companies and subsidiaries are responsible for implementing the corporate strategy formulated at the Global Headquarters. Each internal company autonomously executes strategies decided by its executive decision making board, which functions in a similar way to the board of directors at an independent company. In addition, to achieve results and clear definition of responsibilities, the companies draw up their own balance sheets, and are entrusted with authority for human resources management.

Regional headquarters in North America, Europe and Asia serve as frontline representatives of the Global Headquarters. They provide regional management and comprehensive support to the local operations of the internal companies and subsidiaries, including legal and financial administration, strengthening relationship with nations or areas.

Our system and regional headquarters structure effectively manages the global group operations comprising 100 consolidated companies with 35,000 group employees. (As of March, 31, 2008)