
The ULVAC Group runs a global business, which complicates, diversifies and globalizes the business risks. Under such circumstances, we recognize that expansion and reinforcement of the risk management system is one of the most important management issues to maintain our sound business operations and secure stable profitability and growth. Therefore, we appointed our President & CEO as the Chief Risk Officer for the ULVAC Group and established the "Risk Management Policy" (in February 2004). We have categorized the risks into 11 categories (legislation compliance, environment, disaster, foreign voyage, acquisition, patent, safety, security, quality, information, and credit information), each of which has a responsible control office to clarify the responsibilities and authorities when defining risk avoidance measures, emergency actions, and recurrence prevention measures.
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