By Margarita Snegireva. After Hoya Corp released lower-than-expected quarterly profit and forecasted that its annual profit will also fall for the first time in six years, shares of Hoya Corp slid 10 percent, hit by falling prices of glass used to make flat panels and a delay in its shift to advanced hard drive disks.
Operating profit at Hoya, which is roughly half-owned by foreign investors, came to 27.53 billion yen ($258 million) in October-December, up 1.1 percent from the 27.2 billion yen booked in the same period last year.
The company failed to release products on schedule and prices fell, resulting in lower earnings during the first nine months of the fiscal year, according to Tokyo-based Hoya, which bought Japanese camera-maker Pentax Corp. in 2007.
The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations
On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part