ULVAC, Inc.

TSE:6728 Stock Report

Market Cap: JP¥431.7b

ULVAC Management

Management criteria checks 4/4

ULVAC's CEO is Setsuo Iwashita, appointed in Jul 2017, has a tenure of 9.08 years. total yearly compensation is ¥114.00M, comprised of 56.1% salary and 43.9% bonuses, including company stock and options. directly owns 0.069% of the company’s shares, worth ¥310.92M. The average tenure of the management team and the board of directors is 3.6 years and 6.9 years respectively.

Key information

Setsuo Iwashita

Chief executive officer

JP¥114.0m

Total compensation

CEO salary percentage56.14%
CEO tenure9.1yrs
CEO ownership0.07%
Management average tenure3.6yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

Analysis Article • May 15

ULVAC, Inc. Just Missed EPS By 48%: Here's What Analysts Think Will Happen Next

ULVAC, Inc. ( TSE:6728 ) shareholders are probably feeling a little disappointed, since its shares fell 4.3% to...
Analysis Article • Feb 14

ULVAC, Inc. (TSE:6728) Stocks Shoot Up 32% But Its P/E Still Looks Reasonable

ULVAC, Inc. ( TSE:6728 ) shares have continued their recent momentum with a 32% gain in the last month alone. The last...
Analysis Article • Feb 13

ULVAC, Inc. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

Shareholders will be ecstatic, with their stake up 25% over the past week following ULVAC, Inc. 's ( TSE:6728 ) latest...
Analysis Article • Feb 09

ULVAC (TSE:6728) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jan 23

Returns At ULVAC (TSE:6728) Are On The Way Up

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article • Dec 23

ULVAC, Inc.'s (TSE:6728) Price In Tune With Earnings

With a price-to-earnings (or "P/E") ratio of 23.5x ULVAC, Inc. ( TSE:6728 ) may be sending very bearish signals at the...
Analysis Article • Nov 13

Earnings Miss: ULVAC, Inc. Missed EPS By 41% And Analysts Are Revising Their Forecasts

As you might know, ULVAC, Inc. ( TSE:6728 ) last week released its latest first-quarter, and things did not turn out so...
Analysis Article • Nov 07

Does ULVAC (TSE:6728) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Sep 30

Returns Are Gaining Momentum At ULVAC (TSE:6728)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article • Sep 02

Why We're Not Concerned About ULVAC, Inc.'s (TSE:6728) Share Price

With a price-to-earnings (or "P/E") ratio of 17.4x ULVAC, Inc. ( TSE:6728 ) may be sending bearish signals at the...
Analysis Article • Aug 16

ULVAC, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

It's been a pretty great week for ULVAC, Inc. ( TSE:6728 ) shareholders, with its shares surging 11% to JP¥6,171 in the...
Analysis Article • Jul 23

What Does ULVAC, Inc.'s (TSE:6728) Share Price Indicate?

While ULVAC, Inc. ( TSE:6728 ) might not have the largest market cap around , it received a lot of attention from a...
Analysis Article • May 16

Earnings Miss: ULVAC, Inc. Missed EPS By 55% And Analysts Are Revising Their Forecasts

ULVAC, Inc. ( TSE:6728 ) just released its latest third-quarter report and things are not looking great. The analysts...
Analysis Article • May 14

ULVAC (TSE:6728) Is Increasing Its Dividend To ¥164.00

ULVAC, Inc. ( TSE:6728 ) will increase its dividend from last year's comparable payment on the 30th of September to...
Analysis Article • May 09

Even With A 26% Surge, Cautious Investors Are Not Rewarding ULVAC, Inc.'s (TSE:6728) Performance Completely

Those holding ULVAC, Inc. ( TSE:6728 ) shares would be relieved that the share price has rebounded 26% in the last...
Analysis Article • Apr 11

ULVAC (TSE:6728) Will Pay A Larger Dividend Than Last Year At ¥164.00

ULVAC, Inc. ( TSE:6728 ) will increase its dividend from last year's comparable payment on the 30th of September to...
Analysis Article • Apr 03

These 4 Measures Indicate That ULVAC (TSE:6728) Is Using Debt Safely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Mar 18

The Return Trends At ULVAC (TSE:6728) Look Promising

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article • Mar 02

Investors Aren't Entirely Convinced By ULVAC, Inc.'s (TSE:6728) Earnings

There wouldn't be many who think ULVAC, Inc.'s ( TSE:6728 ) price-to-earnings (or "P/E") ratio of 11.2x is worth a...
Analysis Article • Feb 15

ULVAC, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

ULVAC, Inc. ( TSE:6728 ) defied analyst predictions to release its interim results, which were ahead of market...
Analysis Article • Feb 10

What Is ULVAC, Inc.'s (TSE:6728) Share Price Doing?

ULVAC, Inc. ( TSE:6728 ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article • Dec 18

Does ULVAC (TSE:6728) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Nov 29

Market Still Lacking Some Conviction On ULVAC, Inc. (TSE:6728)

With a median price-to-earnings (or "P/E") ratio of close to 13x in Japan, you could be forgiven for feeling...
Analysis Article • Nov 13

ULVAC, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

The analysts might have been a bit too bullish on ULVAC, Inc. ( TSE:6728 ), given that the company fell short of...
Analysis Article • Nov 08

The Returns At ULVAC (TSE:6728) Aren't Growing

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article • Sep 24

Should You Investigate ULVAC, Inc. (TSE:6728) At JP¥7,429?

ULVAC, Inc. ( TSE:6728 ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article • Sep 04

Here's Why ULVAC (TSE:6728) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • Aug 05

What You Can Learn From ULVAC, Inc.'s (TSE:6728) P/E After Its 36% Share Price Crash

The ULVAC, Inc. ( TSE:6728 ) share price has fared very poorly over the last month, falling by a substantial 36...
Analysis Article • Aug 01

ULVAC (TSE:6728) Could Be Struggling To Allocate Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article • Jun 18

Shareholders Should Be Pleased With ULVAC, Inc.'s (TSE:6728) Price

ULVAC, Inc.'s ( TSE:6728 ) price-to-earnings (or "P/E") ratio of 33.4x might make it look like a strong sell right now...
Analysis Article • May 07

ULVAC (TSE:6728) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Apr 22

ULVAC's (TSE:6728) Returns On Capital Not Reflecting Well On The Business

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article • Apr 08

Is It Too Late To Consider Buying ULVAC, Inc. (TSE:6728)?

ULVAC, Inc. ( TSE:6728 ), might not be a large cap stock, but it saw a significant share price rise of 54% in the past...
Analysis Article • Mar 12

Calculating The Intrinsic Value Of ULVAC, Inc. (TSE:6728)

Key Insights ULVAC's estimated fair value is JP¥10,076 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article • Feb 27

ULVAC, Inc.'s (TSE:6728) 28% Jump Shows Its Popularity With Investors

Despite an already strong run, ULVAC, Inc. ( TSE:6728 ) shares have been powering on, with a gain of 28% in the last...

CEO Compensation Analysis

How has Setsuo Iwashita's remuneration changed compared to ULVAC's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

JP¥13b

Dec 31 2025n/an/a

JP¥12b

Sep 30 2025n/an/a

JP¥15b

Jun 30 2025JP¥114mJP¥64m

JP¥17b

Mar 31 2025n/an/a

JP¥20b

Dec 31 2024n/an/a

JP¥24b

Sep 30 2024n/an/a

JP¥23b

Jun 30 2024JP¥100mJP¥65m

JP¥20b

Mar 31 2024n/an/a

JP¥16b

Dec 31 2023n/an/a

JP¥12b

Sep 30 2023n/an/a

JP¥11b

Jun 30 2023JP¥120mJP¥64m

JP¥14b

Compensation vs Market: Setsuo's total compensation ($USD717.97K) is about average for companies of similar size in the JP market ($USD907.62K).

Compensation vs Earnings: Setsuo's compensation has been consistent with company performance over the past year.

CEO

Setsuo Iwashita (73 yo)

9.1yrs
Tenure
JP¥114,000,000
Compensation

Mr. Setsuo Iwashita has been Chief Executive Officer at ULVAC, Inc. since July 06, 2017 and has been its Chairman since 2026 and served as its President until 2026. Mr. Iwashita served as the Chief of Corp...

Leadership Team

NamePositionTenureCompensationOwnership
Setsuo Iwashita
Chairman & CEO9.1yrsJP¥114.00m0.069%
¥ 298.5m
Sadao Aoki
Senior Managing Director3.6yrsno datano data
Shinji Takahashi
Senior Executive Officer & GM of Legal Department1.9yrsno datano data
Tomoyasu Kondo
Executive VP & Executive Officerno datano datano data
Tetsuya Shimada
Senior Managing Directorno datano data0.0020%
¥ 8.8m
Ju Hoon Shin
Managing Executive Officer3.6yrsno datano data
Junya Kiyota
Head of the Research & Development HQ and Managing Executive Officer3.6yrsno datano data
Harunori Iwai
Senior Executive Officer1.6yrsno datano data
Hirohisa Takahashi
Executive Officerno datano datano data
Takaya Iwai
General Manager of Management Planning Departmentno datano datano data
Junya Kubo
Assistant Manager of Business Planning Department - Advanced Electronics Equipment Divisionno datano datano data
Daichi Harada
General Manager of Investor Relationsno datano datano data
3.6yrs
Average Tenure
64yo
Average Age

Experienced Management: 6728's management team is considered experienced (3.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Setsuo Iwashita
Chairman & CEO14.9yrsJP¥114.00m0.069%
¥ 298.5m
Sadao Aoki
Senior Managing Director1.9yrsno datano data
Tetsuya Shimada
Senior Managing Directorno datano data0.0020%
¥ 8.8m
Norio Uchida
Independent External Director10.9yrsno datano data
Kozo Ishida
Independent External Director9.9yrsno datano data
Kazuya Saito
Full-Time Auditor3.9yrsno data0.0041%
¥ 17.6m
Hiroyuki Nishi
External Independent Director5.9yrsno datano data
Yoshimi Nakajima
Independent External Director7.9yrsno datano data
Isao Utsunomiya
External Independent Auditor8.9yrsno datano data
Souya Honda
External Independent Auditor2.9yrsno datano data
Yuji Morijiri
Full-Time Auditor2.9yrsno datano data
6.9yrs
Average Tenure
66yo
Average Age

Experienced Board: 6728's board of directors are considered experienced (6.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/10 14:28
End of Day Share Price 2026/08/10 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ULVAC, Inc. is covered by 19 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Masahiro NakanomyoBarclays
Mayako OuchiBofA Global Research
null nullDaiwa Securities Co. Ltd.