About Covalent Materials

MBO Management Buyout

Covalent Materials is the former Toshiba Ceramics. The managers of the former company made a decision to execute a management buyout, resulting in the separation from the Toshiba Group and the inauguration of a new, independent company.

Looking Ahead

Where We Are Now

From the establishment of our original company and over the course of 80 years, Covalent Materials has built a business founded on proprietary materials technology which includes silicon wafers, semiconductor and liquid crystal process materials, and advanced ceramics.

We have established a unique position as a leading-edge materials maker in up-and-coming, high-growth areas, including the semiconductor field. Our success to this day can be attributed to creating highly functional products using our proprietary materials technology and our activity in new, high-growth fields related to the semiconductor and liquid crystal markets.

Looking Ahead after the MBO

After the management buyout in 2006, Covalent Materials became independent from the Toshiba Group and was delisted from the stock exchange. The resulting change in capital policy meant that the Company became responsible for its own direction and performance, while it also gained the flexibility and self-determination to pursue mid- and long-term management plans without being hindered by short-term planning or market volatility.

Covalent Materials has been able invest in its management resources in a bold and focused manner so as to excel in a highly competitive field that is predicted to show high future growth. We aim to transform our Company and manage long-term growth under this framework, which had not been possible before the MBO.

Covalent Materials will always meet the challenges of a new world with an open mind, pursue the development of high-value products that have yet to seen, and contribute to the prosperity of society and all our stakeholders.

The Origin of Our Name and Meaning of the Brandmark

The Concept behind the New Company's Name Is "United"

"Covalent" is a word used in chemistry, for example "covalent bond" and "covalent crystal," and it means "sharing" and "joining." We integrate our materials and technology know-how with our ceramics and silicon businesses to create new values, and we strengthen ties to all our stakeholders as we develop our enterprise. The name of our Company represents this concept.

Our Brandmark Represents New Values through Collective Strength

New values are generated by combining strengths. Covalent is a point where the pursuit of new perspectives gives rise to new values. The vertical bars on either side of our Company name express the mathematical symbol for "absolute value" and the bold black and absolute red colors signify our advanced technologies and strong will.

COVALENT

Brand Statement

Pursuing Brilliance

The materials market that supports leading-edge manufacturing is influenced by wide swings in demand on a global scale. Covalent accurately assesses major market trends and responds quickly, offering solutions to problems that have never before been solved, with our unique viewpoints and proprietary materials and technology.

The source of power that drives our business is a thorough understanding of materials, a keen insight into their applications, and the will to take bold action. We are opening up the future for leading-edge materials with our imagination and proprietary technologies so manufacturers can bring forth products that will change the world and help society prosper.

The Beliefs Held by Our Management and Employees

Perspective

See beyond the things that are in front of us.

Freshness

Keep in constant pursuit of what is new.

Bond

Create value by uniting different elements.

Imagination

Envision the next step, then work toward it.

Will

Maintain awareness and pride when goals are met.

Maneuverability

Maximize flexibility to utilize opportunities.

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