Hoya Corporation
TYO:7741 ISIN:JP3837800006
Hoya Corporation (TYO:7741) is a Japan-based company. The Company is a supplier of medical products and services based upon its optics technologies. HOYA is engaged in four businesses: The Eye Care provides eyeglasses, operates retail shops for contact lenses, and makes intraocular lenses for cataract surgery. The Life Care provides endoscopic system. Electro-Optics makes mask blanks and photomasks for the semiconductor devices and liquid crystal display (LCD) panels, optical lenses for digital cameras, and glass memory disks for hard disk drives (HDDs). The Imaging produces single-lens reflex (SLR)/compact digital cameras, interchangeable lenses, lens modules and microlenses.
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Dow Jones Industrial Average was marginally higher overnight, supported by financial stocks. But material stocks were under pressure as commodities prices declined. Asian markets Wednesday closed mixed. Singapore market finished 0.8 per cent higher to their a seven-week high after a report showed that Singapore's economy was expected to grow 6.5 per cent in 2010. Japan's Nikkei 225 and Hong Kong's Hang Seng Index finished flat after moving between gains and losses during the session. South Korea's Kospi ended 0.1% higher. But China's Shanghai Composite snapped a three-day rise and fell 0.7 per cent ahead of the inflation data.
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