Electronic Technology

ULVAC, Inc.

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Business Summary

ULVAC, Inc. engages in the development, manufacture, import, export, sale and customer support for vacuum-related equipment, components, and materials. It operates through the following segments: Vacuum Equipment and Vacuum Application. The Vacuum Equipment segment covers liquid display and semiconductor sputtering equipment, organic electro-luminescence and solar battery production devices, vacuum pumps, and measuring instruments and products. The Vacuum Application segment deals with liquid display sputtering target materials, control systems, and diagnostic equipment. The company was founded by Jin Imachi on August 23, 1952 and is headquartered in Chigasaki, Japan.

Financial Highlights

Jun 2022	JPY	USD
Revenue	241,260M	2,054.95M
Gross Profit	73,743M	628.11M
Operating income	30,061M	256.04M
Income before tax	29,280M	249.39M
Net income	20,210M	172.14M
EBITDA	38,648M	329.18M
Diluted EPS	410.38	3.49
Dividends Per Share	110	0.93
Total Assets	354,304M	2,607.95M
Total liabilities	157,818M	1,161.66M
Total equity	188,976M	1,391.01M
Operating cash flow	33,931M	289.01M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022
Revenue	249,271M	220,721M	185,402M	183,011M	241,260M
Gross Profit	74,023M	65,938M	51,054M	54,295M	73,743M
Operating income	35,351M	23,829M	15,959M	17,197M	30,061M
Income before tax	38,527M	27,148M	21,122M	21,559M	29,280M
Net income	35,905M	18,665M	10,769M	14,830M	20,210M
EBITDA	41,892M	30,767M	23,808M	25,583M	38,648M
Diluted EPS	728.67	378.76	218.54	301.12	410.38
Dividends Per Share	95	105	80	95	110
Total Assets	297,418M	282,302M	282,350M	292,761M	354,304M
Total liabilities	143,347M	124,713M	121,256M	119,063M	157,818M
Total equity	147,531M	150,912M	154,253M	166,899M	188,976M
Operating cash flow	19,086M	18,282M	18,738M	25,520M	33,931M

	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022
Revenue	2,259.24M	1,986.84M	1,714.56M	1,718.06M	2,054.95M
Gross Profit	670.90M	593.54M	472.13M	509.70M	628.11M
Operating income	320.40M	214.49M	147.58M	161.44M	256.04M
Income before tax	349.18M	244.37M	195.33M	202.39M	249.39M
Net income	325.42M	168.01M	99.58M	139.22M	172.14M
EBITDA	379.68M	276.95M	220.17M	240.16M	329.18M
Diluted EPS	6.60	3.40	2.02	2.82	3.49
Dividends Per Share	0.86	0.94	0.73	0.89	0.93
Total Assets	2,685.12M	2,620.21M	2,617.13M	2,637.72M	2,607.95M
Total liabilities	1,294.15M	1,157.53M	1,123.93M	1,072.73M	1,161.66M
Total equity	1,331.92M	1,400.70M	1,429.79M	1,503.73M	1,391.01M
Operating cash flow	172.98M	164.56M	173.28M	239.57M	289.01M

Valuation Measures

Jun 2022
PER	11.25
ROA	6.24%
ROE	11.35%
Operating margin	12.46%
Profit margin	8.37%

Key executives

President & Representative Director: Setsuo Iwashita
Managing Executive Officer & Manager-Finance: Sadao Aoki
Director & Vice President: Mitsuru Motoyoshi
Executive Officer & Manager-Legal Affairs: Shinji Takahashi
Senior Executive Officer: Shigemitsu Sato

Shareholders

Taiyo Pacific Partners LP (10.3%)
Nippon Life Insurance Co. (6.5%)
FIL Investment Advisors (UK) Ltd. (5.1%)
Asset Management One Co., Ltd. (3.8%)
Nomura Asset Management Co., Ltd. (3.3%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
Norges Bank Investment Management (2.5%)
The Vanguard Group, Inc. (2.3%)
Kempen Capital Management NV (2.1%)
Indus Capital Partners LLC (1.8%)

Contact Details

Website:http://www.ulvac.co.jp
Phone: +81.467.89.2033

Related Companies

Ulvac (Shenyang) Co., Ltd.
ULVAC Coating Technology (HEFEI) Co., Ltd.
Ulvac Board Benefit Trust
ULVAC Materials Taiwan, Inc.
ULVAC (Thailand) Ltd.
ULVAC (Suzhou) Co., Ltd.
ULVAC Vacuum Equipment (Shanghai) Co., Ltd.
ULVAC Tianma Electric (Jingjiang) Co., Ltd.
ULVAC Nonferrous Metals (Ningbo) Co., Ltd.
ULVAC Cryogenics (Ningbo), Inc.
ULVAC Ningbo Co., Ltd.
ULVAC Research Center SUZHOU Co., Ltd.
ULVAC Automation Technology (Shanghai) Corp.
ULVAC Software Creative Technology Co., Ltd.
UF TECH Ltd.
ULVAC GmbH
ULVAC Taiwan, Inc.
ULVAC Singapore Pte Ltd.
ULVAC (Shanghai) Trading Co., Ltd.
ULVAC Materials Korea Ltd.
Pure Surface Technology Ltd.
ULVAC (China) Holding Co., Ltd.
ULVAC Malaysia Sdn. Bhd.
ULVAC Seiki Co., Ltd.
Ulvac Automation Shanghai, Inc.
Ulvac Automation Taiwan, Inc.
Ultra Clean Precision Technologies Corp.
ULVAC Korea Precision Ltd.
Ulvac Coating Corp.
ULVAC Equipment Sales, Inc.

Competitors

Intevac, Inc.
New Power Plasma Co., Ltd.
VAT Group AG
Jilin OLED Material Tech Co., Ltd. Class A

Last Updated on 10 Aug, 2022