New Hoya report

zntgrg · 02-05-2009, 01:21 AM

Hoya published 3d quarter report: someone could explain the data? i can't understand really much, aside that crysis is urting endoscope too, and that Pentax has placed as a real division rather than being absorbed somehow.

Looks like it hurts, but not worst than any other

ftpaddict · 02-05-2009, 01:33 AM

Could you provide a link to the report?

asdf · 02-05-2009, 01:42 AM

Originally Posted by zntgrg

Hoya published 3d quarter report: someone could explain the data? i can't understand really much, aside that crysis is urting endoscope too, and that Pentax has placed as a real division rather than being absorbed somehow.

Looks like it hurts, but not worst than any other

The Yen appreciated a lot vs. most world currencies during the last four months of 2008: around 30% vs. the Canadian dollar, for instance. Look at bottom of page 6 (or 7 of the pdf). So by keeping the CAD prices fairly constant, they were essentially giving a 30% discount here.

EDIT: Here's the link: http://www.hoya.co.jp/english/invest..._Quarterly.pdf

blende8 · 02-05-2009, 01:45 AM

HOYA CORPORATION|Investor Relations

3. Pentax
...
For digital cameras, sales decreased due to sales decline in compact cameras, and also single lens reflex cameras recorded negative growth because of the fierce price competition in th market.
This section has been implementing a structural reorganization in view of future growth, and recorded operating loss in this quarter under review, posting expenses for reviewing business strategies, organizational changes, as well as revaluation of assets, etc., in addition of goodwill amortization generated upon integration. As a result, sales in this section amounted to Yen 30,643 million and recorded operating loss of Yen 1,433 million.
...
In the severe operating climate such as global economic slowdown and the appreciation of the yen, sales of HOYA Group are expected to decrease in comparison to the same period of the previous year due to price decline in main products and the decrease in orders, despite the sales of the newly consolidated PENTAX Corporation and its subsidiary for the full-year have been combined. Operating income is also expected to decrease year-on-year basis, mainly because of the decline in sales and amortization of the goodwill in PENTAX.

zntgrg · 02-05-2009, 01:55 AM

sorry, forgot the link: HOYA CORPORATION|Investor Relations