Lasertec : Introduction of Office of Executive Officers
August 05, 2022 at 03:11 am EDT
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FOR IMMEDIATE RELEASE
Lasertec Corporation
2-10-1Shin-yokohama,Kohoku-ku, Yokohama
(Code 6920 / Tokyo Stock Exchange Prime Market)
Introduction of Office of Executive Officers
Yokohama, August 5, 2022 - Lasertec Corporation announced today that the Board of Directors decided on August 5, 2022, to introduce the office of executive officers.
Introduction of Office of Executive Officers
(1) Purpose
Enhance the company's governance by clarifying the division of roles between the Board of Directors, which is responsible for decision-making and management oversight, and Management Meeting, which is responsible for execution of duties.
Enhance the decision-making and management oversight functions of the Board of Directors by having a smaller number of Board members and a higher ratio of Outside Directors.
Conduct the execution of duties more quickly and respond to changing business environment more promptly and flexibly by making necessary transfers and updates of authorities in order to achieve higher corporate value in a sustainable manner.
(2) Outline
Executive officers are responsible for execution of duties in accordance with the basic policies adopted by the Board of Directors.
The election and dismissal of executive officers will be made by the resolution of the Board of Directors.
The members of the Board of Directors may serve concurrently as executive officers.
Lasertec Corporation published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 07:10:05 UTC.
Lasertec Corporation specializes in the design, manufacture and marketing of high-precision inspection and measurement equipment and systems, using optical technology. Net sales break down by family of products and services as follows:
- inspection and measurement equipment used in semiconductor manufacturing processes (85.5%): inspection systems for extreme ultraviolet (EUV) blank masks, photomask arrays and silicon carbide wafers;
- services (13%);
- other (2.1%): laser scanning microscopes and inspection and measurement systems used in the liquid crystal, biochemical, medical, metals research, precision components and high-density recording industries, etc.
Net sales are distributed geographically as follows: Japan (10.5%), South Korea (14.2%), Taiwan (31.9%), Asia (10%), the United States (27.8%) and Europe (5.6%).