Inherited
ULVAC-StyleULVAC’s Vision

ULVAC’s Value Creation <Process>Message to OurReaders

About ULVAC

Vision 2032

Materiality andPriority Domains

Contribution to Resolutionof Social Issues

Financial Capital¥42.0 billion

Shareholders’ equity:

Materiality
P.23
Promotion of creationand co-creation ofinnovation with vacuum
technology as the core
Development of diverse
human resources andpromotion of theiradvancement; cultivationof resilient organizations
Respect for human rights
and responsible conduct
in the value chain
Contribution to asustainable global
environment

Priority Domains
P.17
Realization of the digitalsociety, fundamental
technology for realizationof the digital society
Energy management,
next-generation energy
Healthcare, life
innovation
Construction, social
infrastructure, mobility

D/E ratio:¥198.2 billion
0.21

Manufactured Capital
Number of principal production bases
Japan:
Overseas:Investment in manufacturing
facilities and product quality
improvement activities

1311

Intellectual Capital
R&D bases:
Accelerated development
near key customers andstrengthened collaboration
R&D cost and R&D capital
investment:

7

Examples of products
and services

Semiconductor
production equipment¥227.5 billion29.5%
Operating profit margin:
8.8%
ROE:
7.3%
 perating CF (cumulative totalOfor 3 years):
billion¥60.5

Coatingbusiness

ULVAC’sBusinesses

Advancedmaterials Materials

Large evaporationroll coater

Customer
supportServices

VacuumApplication
BusinessFPD

New Mid-termManagement Plan

Human Capital reating Social ValueC
through Vacuum
Technology
Enhancing Profit andCapital EfficiencyOriented Management

Number of employees:

P.26

¥57.9

billion (3-year total)E xtensive knowledge andtechnological capabilities
related to comprehensive use ofvacuum technology
Investment in information systems

Control
Analysis

Surfaceanalysis

Vacuum Vacuum
Equipment
Business

6,264 persons

Customer-oriented
development, design,procurement, manufacturing,sales, and service capabilities

Social Capital articipation in consortia andP
collaboration with universities
and other institutions
Relationships of trust withcustomers and business
partners worldwide
Foundation of businessactivities in local communities

Natural Capital
Electricity consumption:
167,040 thousand kWh
Water consumption:
1,573 thousand m3

Value ULVAC Offers
to Stakeholders

Net sales:Gross profit margin:

P.19

Equipment
control

Value CreatedFinancial CapitalSee below for
allocation.

P.11

Intellectual Capital

Screw-type dry
vacuum pump

Semiconductors /Electronics

2,065
2,423

Overseas:
Resolution of social issues
through miniaturization, enhanced
performance, and reduced power
consumption of customer devices
Swift, high-quality, comprehensive
engineering services

Human Capital atio of women inR
managerial positions:Localization ratio ofpresidents of overseas
subsidiaries:

9.0%
83.3%

Enhancement of customer satisfaction
Conducted CSR survey of suppliersCreation of employment
opportunities, tax payments tonational and local governments, andsocial contribution activities in theregions where ULVAC operates

Natural Capital10
% reduction of ULVAC’s GHG
emissions (vs. 2020)
Creation of environmentally friendly
products

Robust Corporate Governance

Customers

Contribution to customers’
business activities,
technological innovation,and value creation; offeringof cutting-edge production
technology, enhancementof productivity andquality, and reduction ofenvironmental impacts
through equipment andservices

Shareholders andinvestors

Realization of long-term
growth and enhancementof corporate value, andgreater returnsSuppliers

Achievement of growth
together with ULVAC
based on trust andcollaboration, fair and freecompetitive environment

Social Capital

Sputtering targets forsemiconductor applications

Promotion of Sustainability
Management
P.21

Manufactured Capital
Safety-first operation
High-quality, reliable products withstate-of-the-art technology
Meeting equipment delivery andinstallation schedules
Production efficiency and productdefect rate

Number of patents owned
Japan:

Equipment
Industrial
equipment /Components

Financial Data/
Corporate Information

Continue to be a “Field of Potentiality”
for the Future

R&D / Global Network /Customer Support

Interest-bearing debt:

CorporateGovernance

Enhancement ofCorporate ValueULVAC’s Strengths

Invested Capital

ULVAC’s Strategy

A company that utilizes vacuum technology tocreate value for the world with its partners and
Our Goal for 2050
continues to contribute to the future of people
P.24
and the planet

Through the implementation of the Basic Corporate Philosophy which states that the ULVAC Group aims tocontribute to the development of industries and science by comprehensively utilizing its vacuum and peripheraltechnologies, ULVAC aspires to be an enterprise indispensable for society.

Recognition ofSocial Issues

ULVAC’s Vision

Local communities

Creation of employment
opportunities, industrial
development, reductionof environmental impacts

Employees

Workplaces offering job
satisfaction

P.55

Basic Corporate Philosophy

The ULVAC Group aims to contribute to the development of industries
technologies through the mutual cooperation and collaboration of the15ULVAC VALUE REPORT 2023

and science by comprehensively utilizing its vacuum and peripheral
Group companies.
ULVAC VALUE REPORT 2023

16