ULVAC Management
Management criteria checks 4/4
ULVAC's CEO is Setsuo Iwashita, appointed in Jul 2017, has a tenure of 8.5 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 $1.78M. The average tenure of the management team and the board of directors is 2.2 years and 6.3 years respectively.
Key information
Setsuo Iwashita
Chief executive officer
JP¥114.0m
Total compensation
| CEO salary percentage | 56.14% |
| CEO tenure | 8.5yrs |
| CEO ownership | 0.07% |
| Management average tenure | 2.2yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | JP¥15b |
| Jun 30 2025 | JP¥114m | JP¥64m | JP¥17b |
| Mar 31 2025 | n/a | n/a | JP¥20b |
| Dec 31 2024 | n/a | n/a | JP¥24b |
| Sep 30 2024 | n/a | n/a | JP¥23b |
| Jun 30 2024 | JP¥100m | JP¥65m | JP¥20b |
| Mar 31 2024 | n/a | n/a | JP¥16b |
| Dec 31 2023 | n/a | n/a | JP¥12b |
| Sep 30 2023 | n/a | n/a | JP¥11b |
| Jun 30 2023 | JP¥120m | JP¥64m | JP¥14b |
Compensation vs Market: Setsuo's total compensation ($USD721.28K) is below average for companies of similar size in the US market ($USD6.75M).
Compensation vs Earnings: Setsuo's compensation has been consistent with company performance over the past year.
CEO
Setsuo Iwashita (72 yo)
Mr. Setsuo Iwashita has been Chief Executive Officer and President at ULVAC, Inc. since July 06, 2017. Mr. Iwashita served as the Chief of Corporate Planning Office at ULVAC, Inc since July 2016 and served...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.5yrs | JP¥114.00m | 0.069% $ 1.8m | |
| Senior Managing Director | 1yr | no data | no data | |
| Senior Executive Officer & GM of Legal Department | 1.3yrs | no data | no data | |
| Senior Executive Officer | no data | no data | no data | |
| Senior Managing Executive Officer & CSO | no data | no data | 0.0020% $ 52.2k | |
| Managing Executive Officer | 3yrs | no data | no data | |
| Managing Executive Officer of Component Business HQ | 3yrs | no data | no data | |
| Senior Executive Officer | 1yr | no data | no data | |
| Executive Officer | no data | no data | no data | |
| General Manager of Management Planning Department | no data | no data | no data | |
| Assistant Manager of Business Planning Department - Advanced Electronics Equipment Division | no data | no data | no data |
Experienced Management: ULVA.F's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.3yrs | JP¥114.00m | 0.069% $ 1.8m | |
| Senior Managing Director | 1.3yrs | no data | no data | |
| Independent External Director | 10.3yrs | no data | no data | |
| Independent External Director | 9.3yrs | no data | no data | |
| Full-Time Auditor | 3.3yrs | no data | 0.0041% $ 104.5k | |
| External Independent Director | 5.3yrs | no data | no data | |
| Independent External Director | 7.3yrs | no data | no data | |
| External Independent Auditor | 8.3yrs | no data | no data | |
| External Independent Auditor | 2.3yrs | no data | no data | |
| Full-Time Auditor | 2.3yrs | no data | no data |
Experienced Board: ULVA.F's board of directors are considered experienced (6.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/19 10:55 |
| End of Day Share Price | 2025/10/24 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masahiro Nakanomyo | Barclays |
| Mayako Ouchi | BofA Global Research |
| Takeshi Fukuyama | Daiwa Securities Co. Ltd. |