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Hoya (HOCPY) Accounts Payable & Accrued Expense for Financial Companies


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What is Hoya Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Hoya Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Hoya Corp (OTCPK:HOCPY) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-8347
Founded in 1941 in Tokyo as an optical glass production plant, Hoya is one of the largest eyeglass lens manufacturers in the world. Leveraging its technology know-how in glass manufacturing, Hoya entered the mask blanks business in 1974. Now although its life care business accounts for 67% of its total revenue, almost half of its profit before tax comes from its higher-margin IT business.