Description
SWOT ANALYSIS OF HOYA CORPORATION
Hoya Corporation
Parent Company
Hoya Corporation
Category
Electronics
Sector
IT and Technology
Tagline/ Slogan
-
USP
Focus on specialisation; specialised expertise in diverse segments
STP
Segment
IT, IT solutions and life care
Target Group
Hospitals, health care businesses, optics industry
Positioning
A brand that continuously strives to improve the lives of its customers
SWOT Analysis
1. Strong employee base of over 32,000 employees 2. Diverse presence in the three segments, with over 20 product categories in all 3. Low dependence on any one market for revenue and sustenance most of its revenues are from life care segment, information technology segment 4. Acquisition of Starion Instruments Corp made it a strong global player in the medical devices market 5. Its product portfolio includes optical products such as photomasks, photomask blanks and glass magnetic-memory disks, contact lenses Strength and eyeglass lenses using wavefront technology
1. The company witnessed a decline in revenues and profits over a period of time. Hoya’s revenues decreased which is a concern 2. Hoya also witnessed significant decline in profitability. 3. Weak financial position has led to weakened position to respond to Weakness changes in the business environment
1. Growing market for interocular lenses - According to industry sources, the global IOL market is expected to grow significantly 2. Growing semiconductors market worldwide is a huge opportunity which needs to be tapped 3. Growing medical devices market – supported by large aging Opportunity populations in countries like the US and China
1. Exchange rate fluctuations will strongly impact Hoya as it has large international functions and operates in terms of the Japanese Yen 2. Intense competition from established players such as Bausch & Lomb 3. Rapid technological changes with which the company is not equipped to cope, given its weak financial position and large outflow of money in Threats servicing the financing activities
Competition
1. Bausch & Lomb Incorporated 2. Toppan Photomasks 3. JDS Uniphase Corporation 4. The Cooper Companies Inc 5. Corning Incorporated Competitors 6. Oclaro, Inc.
doc_419806841.docx
SWOT ANALYSIS OF HOYA CORPORATION
Hoya Corporation
Parent Company
Hoya Corporation
Category
Electronics
Sector
IT and Technology
Tagline/ Slogan
-
USP
Focus on specialisation; specialised expertise in diverse segments
STP
Segment
IT, IT solutions and life care
Target Group
Hospitals, health care businesses, optics industry
Positioning
A brand that continuously strives to improve the lives of its customers
SWOT Analysis
1. Strong employee base of over 32,000 employees 2. Diverse presence in the three segments, with over 20 product categories in all 3. Low dependence on any one market for revenue and sustenance most of its revenues are from life care segment, information technology segment 4. Acquisition of Starion Instruments Corp made it a strong global player in the medical devices market 5. Its product portfolio includes optical products such as photomasks, photomask blanks and glass magnetic-memory disks, contact lenses Strength and eyeglass lenses using wavefront technology
1. The company witnessed a decline in revenues and profits over a period of time. Hoya’s revenues decreased which is a concern 2. Hoya also witnessed significant decline in profitability. 3. Weak financial position has led to weakened position to respond to Weakness changes in the business environment
1. Growing market for interocular lenses - According to industry sources, the global IOL market is expected to grow significantly 2. Growing semiconductors market worldwide is a huge opportunity which needs to be tapped 3. Growing medical devices market – supported by large aging Opportunity populations in countries like the US and China
1. Exchange rate fluctuations will strongly impact Hoya as it has large international functions and operates in terms of the Japanese Yen 2. Intense competition from established players such as Bausch & Lomb 3. Rapid technological changes with which the company is not equipped to cope, given its weak financial position and large outflow of money in Threats servicing the financing activities
Competition
1. Bausch & Lomb Incorporated 2. Toppan Photomasks 3. JDS Uniphase Corporation 4. The Cooper Companies Inc 5. Corning Incorporated Competitors 6. Oclaro, Inc.
doc_419806841.docx