January 5, 2023 | |
Company Name | HOYA Corporation |
Name of | Eiichiro Ikeda, Representative |
Representative | Executive Officer and CEO |
(Ticker: 7741, TSE Prime Market) | |
Contact | Communication Department |
Telephone +81-(0)3-6911-4824 |
Notice of Establishment of Subsidiary
HOYA Corportation hereby announces that we have decided today to establish a subsidiary as follows:
-
Purpose of Incorporation of the subsidiary
The subsidiary is to be established to strengthen the sales structure of intraocular lenses for cataract in the South Korean market, which is expected to grow in the future. - Outline of the Subsidiary
Name (Plan*) | HOYA Surgical Optics Korea Company Limited |
Address | TBD |
Representative | LEE Kyung-Ho |
Date of Incorporation (Plan) | January 2023 |
Description of Businesses | Sales of intraocular lenses for cataract in Korea |
Paid-in Capital | 4.9 million US dollars |
Investment ratio | HOYA Corporation 100% |
*The company name will be finalized upon approval by the relevant Korean authorities.
3. Effect on earnings
We do not expect any material effect on the consolidated results for the year ended March 31, 2023.
This document is a disclosure document to the public and is not intended to solicit or act on behalf of any investor, whether in Japan or abroad, including the United States.
1
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Hoya Corporation published this content on 05 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 January 2023 08:17:08 UTC.