Inherited
ULVAC-Style

Corporate Governance

Message to Our
Readers

About ULVACULVAC’s VisionCorporateGovernance

ULVAC’s Strategy

Financial Data/
Corporate Information

Management StructureDirectors

Auditors
Setsuo Iwashita

Dr. Choong Ryul Paik

Kazuya Saito

Yuji Morijiri

President and Chief Executive Officer

Senior Managing Director

Auditor

AuditorExpertise/
experience

March 1984
August 1992
September 1995
July 1998
March 2006
October 2006
September 2011
July 2012
September 2013
July 2015
July 2016
September 2016
July 2017
January 2019
July 2020

July 2011
March 2014
March 2017
March 2018
March 2018
March 2020
April 2020
September 2020

April 1991
September 1999
September 2000
September 2012
July 2015
September 2016
July 2018
September 2018
July 2019
July 2020
July 2021
July 2022

Corporatemanagement

Global

R&D/technology/manufacturing

Joined the Company
Joined ULVAC KOREA, Ltd. as Senior Director
President of ULVAC KOREA, Ltd.
Executive Officer of the Company
Managing Executive Officer
Chairman of ULVAC KOREA, Ltd. (current position)
Managing Executive Officer, Senior General Manager of R&D Headquarters ofthe Company
Director and Managing Executive Officer, Senior General Manager of R&D
Headquarters
Director and Managing Executive Officer, General Manager of Innovation Centerof Excellence
Senior Managing Director (in charge of Innovation) of the Company; President
and Chief Executive Officer of ULVAC-PHI, Inc.
Senior Managing Director (in charge of Innovation) of the Company; Chairmanof ULVAC-PHI, Inc.
Senior Managing Director (in charge of Innovation) of the Company (currentposition)

Expertise/experience

April 1983
July 1996
October 2000
July 2005
September 2009
July 2012
September 2013
July 2018
July 2021
September 2022

R&D/technology/
manufacturing

Expertise/experience

Joined the Company
Manager of Vacuum Materials Laboratory, Tsukuba Institute for Super Materials
Senior Manager of No. 3 Research Department, Chiba Institute for Super
Materials
General Manager of Chiba Institute for Super Materials
Director, General Manager of Chiba Institute for Super Materials
Director and Executive Officer, General Manager of Technology PlanningDepartment
Executive Officer, General Manager of Technology Planning Department,
General Manager of Institute for Super Materials
Senior Executive Officer, General Manager of Institute for Semiconductor andElectronic Technology
Officer, Assigned to Strategic Planning Department
Full-time Auditor (current position)

April 1990
March 2012
March 2017
March 2019
April 2023
September 2023

Finance/accounting

Joined Nippon Life Insurance Company
General Manager of 2nd Tokai Corporate Relations Management Department
General Manager of Group Annuities Department
General Manager of 1st Corporate Relations Management Department
Joined the Company
Senior Manager, Assigned to Management Planning Department
Full-time Auditor (current position)

Norio Uchida

Isao Utsunomiya

Soya Honda

Director

Auditor

AuditorIndependent

Corporatemanagement

External

GlobalLegal affairs/riskmanagement

Joined Nippon Life Insurance Company
General Manager of International Planning & Operations Dept. and General
Manager of China Office
Executive Officer, General Manager of Europe, Deputy Director-General andGeneral Manager of London Representative OfficeDirector and Executive Officer, General Manager of the Americas, General
Manager of Europe, Deputy Director-General, and General Manager of New
York Representative OfficeDirector and Managing Executive Officer, General Manager of International
Planning & Operations Dept., General Manager of the Americas, General
Manager of Europe, and General Manager of Asia
Director and Senior Managing Executive Officer, General Manager of theAmericas, General Manager of Europe, and General Manager of Asia
Director
President and Chief Executive Officer of Nissay Asset Management Corporation
Advisor of Nissay Credit Guarantee Co., Ltd.
President and Chief Executive Officer (current position)
External Director of the Company (current position)

Expertise/experience

April 1973
June 1980
February 1989
October 1994
July 1999
June 2003
July 2003
June 2005
June 2007
June 2010
June 2011
June 2013
June 2015
September 2015

Independent

Corporate
management

Yoshimi Nakajima

DirectorDirector
Independent

Corporate
management

External

Global

R&D/technology/
manufacturing

Joined HORIBA, Ltd.
General Manager of Product Department I, Development and Sales Division
President and Director of HORIBA Europe GmbH (Germany)
Director of HORIBA, Ltd.
Managing Director
Senior Managing Director
President and Director (CEO) of ABX, S.A. (currently HORIBA ABX SAS) (France)
Vice President and Director of HORIBA, Ltd.
Executive Vice President and Representative Director
Director and Advisor of HORIBA STEC Co., Ltd.
Vice Chairman and Representative Director of HORIBA, Ltd.
Senior Advisor
External Director of the Company (current position)
External Director of Seiko Electric Co., Ltd. (current position)
Fellow of HORIBA, Ltd.

ULVAC VALUE REPORT 2023

Expertise/
experience

April 1980
February 1982
May 1997
June 2000
April 2002
August 2011
February 2014
April 2014
June 2017
June 2018
September 2018
April 2021

External

GlobalSales/
marketing

Joined Tokyo Optical Co., Ltd. (currently TOPCON CORPORATION)
General Manager of Topcon Singapore Pte. Ltd.
President of Topcon Australia Pty Ltd.
Senior Vice President of Topcon Laser Systems, Inc. (currently Topcon
Positioning Systems, Inc.)
President of Topcon Laser Systems Japan, Inc.
Executive Officer of TOPCON CORPORATION
Director and President of Topcon Sales Corporation (currently TOPCON SOKKIAPOSITIONING JAPAN CO., LTD.)
Director and Executive Officer of TOPCON CORPORATION
Director and Managing Executive Officer
Director and Senior Managing Executive Officer
Representative Director, President & CEO
Advisor to the Board
External Director of Nabtesco Corporation
External Director of the Company (current position)

Dr. Kozo Ishida

Expertise/
experience

63

Expertise/
experience

DirectorExternal

March 1970
June 1982
March 1985
June 1988
June 1991
June 1996
July 2001
June 2002
June 2005
March 2011
March 2014
March 2016
September 2016
March 2017
April 2018

Sales/marketing

Hiroyuki Nishi

Expertise/experience

March 2010

GlobalJoined the Company
Manager of Beijing Business Office and Shanghai Business Office, Overseas
Operation Division
Director and Chief Executive Officer of ULVAC (NINGBO) CO., Ltd.
General Manager of Chinese Region, Asia Division of the Company
Director and Chief Executive Officer of ULVAC (CHINA) HOLDING CO., LTD.
Chairman of ULVAC (Shanghai) Trading Co., Ltd.; Chairman of ULVAC (SUZHOU) CO., LTD.
Director of the Company
Director and Executive Officer
Managing Executive Officer
Senior Managing Executive Officer of the Company; Chairman of ULVAC(CHINA) HOLDING CO., LTD.
Senior Managing Executive Officer and Senior Manager of Management
Planning Department of the Company
Director and Senior Managing Executive Officer, Senior Manager ofManagement Planning Department
President and Chief Executive Officer
President and Chief Executive Officer and General Manager of Human Resource Center
President and Chief Executive Officer (current position)

External

April 1983
March 2007

Corporatemanagement

Expertise/experience

April 1997
July 1999
June 2011
June 2012
June 2013
June 2015
June 2017September 2017
June 2019

IndependentFinance/accountingExpertise/experience

Registered as Certified Public Tax Accountant
Opened Isao Utsunomiya Certified Public Tax Accountant Office
Manager of Welfare Department of Kyobashi Branch, Tokyo Certified Public Tax
Accountants’ Association
Representative Partner of Tsukiji Accounting Tax Corporation (current position)
Director of Tokyo Certified Public Tax Accountants’ Association
Director and Deputy Manager of General Administration Department
Manager of General Administration Department of Kyobashi Branch
External Auditor of the Company (current position)
Deputy General Manager of Kyobashi Branch, Tokyo Certified Public Tax
Accountants’ Association (current position)

December 2007
April 2008
April 2012
April 2016
September 2016
November 2021
April 2022
September 2023

Position

Sales/marketing

Joined The Yasuda Trust and Banking Co., Ltd. (currently Mizuho Trust &Banking
Co., Ltd.)
Joined AVON PRODUCTS CO., LTD.
Joined Citibank, N. A. as Vice President
Joined Societe Generale Securities Services as Senior General Manager
Joined American Express International, Inc. as Vice President in charge of
Global Traveler’s Check & Prepaid Card Service, Japan Branch
Country Manager in Singapore (President)
Senior Vice President of Japan BranchPresident and Representative Director of American Express Japan Co., Ltd.
External Director of Yamaha Corporation; External Director of AEON Financial
Service Co., Ltd. (current position)
External Director of Japan Freight Railway Company (current position)
External Director of the Company (current position)
Outside Director of Sekisui House, Ltd. (current position)
Specially-Appointed Professor of the Graduate School of Project Design (currentposition)

Legal affairs/riskmanagement

Registered as an attorney
External assistant teacher of Chuo Law School (current position)
Auditor of Tokyo Judo Federation (current position)
Secretary-General of Certification and Evaluation Department of Japan Law
Foundation
External Corporate Auditor of bBreak Systems Co., Ltd. (current position)
External Corporate Auditor of Ides Co., Ltd. (current position)
Founder and Director of Soya Honda Law Office (current position)
External Auditor of the Company (current position)

Composition of key organizations

GlobalIndependent

Composition of Key Organizations and Skills Matrix

Name

Independent

Corporatemanagement

External

President and Chief
Executive Officer

Setsuo Iwashita

Senior Managing
DirectorDr. Choong Ryul Paik

External Director

Hiroyuki Nishi

External Director

Norio Uchida

External Director

Dr. Kozo Ishida

External Director

Yoshimi Nakajima

Full-time Auditor

Kazuya Saito

Full-time Auditor

Yuji Morijiri

External Auditor

Isao Utsunomiya

External Auditor

Soya Honda

Board ofDirectors

Board ofCorporate
AuditorsCommittee forAppointment
ManagementandCouncil*1
Remuneration,etc.

Expertise/experience*2
Corporate
management

GlobalSales/
marketingR&D/
technology/
manufacturing

Finance/accounting

Legalaffairs/riskmanagement

Chairperson
Chairperson
Observer*1 In addition to the above, executive officers are members of the Management Council.
*2 M
 ain expertise and experience of each director and auditor are indicated. The above table summarizes the areas regarding which the Company has particular
expectations, and is not a description of all their expertise and experience.

ULVAC VALUE REPORT 2023

64