Corporate Governance

The ULVAC Group runs competitive and efficient business operations to improve the corporate value while observing corporate ethics and legislation. Therefore, we view corporate governance as one of the most important management tasks to fulfill our responsibilities to society and our shareholders.

ULVAC Business Management Structure

The ULVAC board of directors and board of corporate auditors consist of 18 directors and 5 corporate auditors, respectively. These business and audit structures are the foundations for us to retain regulatory functions and conduct timely management decision-making. In order to expand these regulatory and auditing functions, the board of directors and board of corporate auditors include 2 external directors and 3 external corporate auditors, respectively. The board of directors is specially held whenever required in addition to the regular monthly meetings. For that reason, we do not plan to introduce an executive board system nor shift to a committee system.
Corporate Governance