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Hackers target Tokyo-based glassmaker Hoya with ransomware

Business / Corporate Apr 22, 2021

Hackers target Tokyo-based glassmaker Hoya with ransomware

A group of hackers have executed a ransomware attack on Hoya Corp., marking the second successful attack on the Japanese firm in two years. ”We can confirm that Hoya Vision Care U.S. has experienced a cyberattack. Based on our initial forensics, the disruption appears to ...

Toshiba digs in heels after Hoya's unsolicited bid for technology unit

Business / Corporate Dec 20, 2019

Toshiba digs in heels after Hoya's unsolicited bid for technology unit

Just days after Hoya Corp. made a hostile takeover bid for one of Toshiba Corp.'s publicly traded units — an extremely rare move in Japan — the industrial giant is responding with equally unusual bluntness. "Basically, I'm not selling," Toshiba Chief Executive Officer and Chairman ...

Shareholder activism rises in Japan as firms go hostile and investors speak out

Business Dec 16, 2019

Shareholder activism rises in Japan as firms go hostile and investors speak out

by Min Jeong Lee

Record shareholder activism is combining with rare hostile takeover bids in Japan, in a trend that's seen as good news for investors in the country's ¥675 trillion stock market. Activists such as Elliott Management Corp. have been snapping up shares in targeted firms and agitating ...

Japan's Hoya to launch $1.4 billion counterbid for Toshiba unit NuFlare

Business / Corporate Dec 13, 2019

Japan's Hoya to launch $1.4 billion counterbid for Toshiba unit NuFlare

Hoya Corp. said Friday it would make a $1.4 billion counterbid for NuFlare Technology Inc. in what could become a hostile offer for the Toshiba Corp. unit the electronics conglomerate plans to buy out. Hoya's interest in the manufacturer of chipmaking equipment further complicates a ...

Hoya hit by cyberattack in February, disrupting Thai factory operations

Business / Corporate Apr 6, 2019

Hoya hit by cyberattack in February, disrupting Thai factory operations

Japanese eyeglass lens maker Hoya Corp. was hit by a cyberattack at its key production base in Thailand in late February, leading to a partial shutdown of its factory lines for three days, company officials said Saturday. About 100 computers were infected with a virus ...

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