Hoya (TYO:7741) will transfer its contact lens retail business to a newly established wholly owned unit, Hoya Eye Care Retailing Corp, effective Apr. 1, 2026, through a simplified absorption-type company split, according to a Wednesday filing on the Tokyo Stock Exchange.
The move aims to improve flexibility in sales, marketing, and store operations for the consumer-facing business, which differs from Hoya's core medical and electronics operations.
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