HOYA GLASS DISK VIETNAM II LTD

HOYA GLASS DISK VIETNAM II LTD: Japan’s High-Tech Manufacturing Footprint in Hung Yen

Located at Land Plot No. A-9, Thang Long II Industrial Park in Lieu Xa Commune, Yen My District, Hung Yen Province, HOYA GLASS DISK VIETNAM II LTD is a shining example of advanced manufacturing in Vietnam’s northern industrial corridor. Registered under business ID and tax code 0900302927, this one-member limited liability company is a 100% foreign-owned subsidiary of HOYA Corporation, a renowned Japanese technology group headquartered in Tokyo.

Established on December 18, 2008, HOYA GLASS DISK VIETNAM II has operated for over 16 years, consistently delivering cutting-edge products in the high-precision materials sector. The company specializes in the manufacturing and processing of glass substrates for magnetic memory disks—a crucial component in hard disk drives and data storage devices.

Its legal status is firmly grounded with registration by the Hung Yen Province Department of Planning and Investment, and the company’s charter capital stood at USD 6.77 million, with a paid-up capital of USD 7.79 millionas of March 2024. Employing 4,500 people, the company plays a vital role in local job creation and industrial value chains.

At the helm is General Director Mr. Nguyen Tien Duong, a Vietnamese national leading one of the few local-directed subsidiaries of a major Japanese manufacturer. His leadership has coincided with strong capital management, even as global electronics demand experiences shifts.

Financially, the company’s 2024 figures paint a picture of strategic asset expansion amidst a temporary contraction in market demand. Total assets soared to USD 292.57 million, a 69.47% increase year-over-year, while owner’s equity jumped to USD 253.75 million, reflecting a 70.48% surge. This aggressive capital growth suggests large-scale investment or equipment upgrades aligned with HOYA Corporation’s global production strategies.

On the revenue side, however, sales dipped to USD 183.47 million, a 13.19% decline, and net profit decreased to USD 93.47 million, down 15.17% from the previous year. These declines are likely cyclical, tracking the global electronics supply chain fluctuations. Nevertheless, with working capital at a strong USD 225.94 million, the company retains exceptional liquidity, offering stability for future expansion and innovation.

HOYA GLASS DISK VIETNAM II LTD also maintains a narrow operational focus in its registered business lines, mainly manufacturing glass and plastic products, with its flagship output being glass disks for data storage. This specialization, coupled with strong backing from HOYA Corporation in Japan, ensures the company remains a leader in a high-tech niche where quality and precision are non-negotiable.

With deep reserves, advanced technology, and strategic industrial positioning, HOYA GLASS DISK VIETNAM II continues to be one of Vietnam’s most sophisticated foreign-invested manufacturers—proof that the country’s northern provinces are not just hubs for low-cost production, but increasingly homes to precision-driven, globally integrated enterprises.