Yokogawa market cap is ¥416.4 b, and annual revenue was ¥403.71 b in FY 2018

Yokogawa Gross profit (Q3, 2019)48.3 B

Yokogawa Gross profit margin (Q3, 2019), %45.6%

Yokogawa Net income (Q3, 2019)3 B

Yokogawa EBIT (Q3, 2019)11.3 B

Yokogawa Cash, 31-Dec-201972.5 B

Yokogawa EV374.1 B

Yokogawa revenue was ¥403.71 b in FY, 2018 which is a 0.7% year over year decrease from the previous period.

Yokogawa revenue breakdown by business segment: 90.4% from Industrial Automation and Control, 5.7% from Test and Measurement and 4.0% from Other

Yokogawa revenue breakdown by geographic segment: 13.5% from Middle East/Africa, 12.7% from China, 19.6% from Southeast Asia/Far East, 8.6% from North America, 34.7% from Japan and 10.9% from Other

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Revenue | 391.4b | 406.6b | 403.7b |

| (5%) | 4% | (1%) |

## Cost of goods sold | 222.3b | 231.3b | 230.6b |

## Gross profit | 169.1b | 175.3b | 173.1b |

| 43% | 43% | 43% |

## General and administrative expense | 137.5b | 142.6b | 138.5b |

## Operating expense total | 137.5b | 142.6b | 138.5b |

## EBIT | 31.6b | 32.7b | 34.6b |

| 8% | 8% | 9% |

## Interest expense | 522.0m | 312.0m | 330.0m |

## Interest income | 557.0m | 575.0m | 672.0m |

## Pre tax profit | 35.5b | 29.4b | 38.4b |

## Income tax expense | 9.0b | 6.6b | 8.3b |

## Net Income | 26.6b | 22.7b | 30.2b |

## EPS | 96.4 | 80.3 | 106.5 |

JPY | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 86.1b | 101.9b | 106.0b | 88.9b | 101.5b | 104.8b | 90.3b | 101.1b | 106.0b |

## Cost of goods sold | 49.2b | 56.9b | 60.1b | 50.5b | 56.6b | 59.5b | 49.7b | 56.2b | 57.7b |

## Gross profit | 36.9b | 44.9b | 46.0b | 38.4b | 44.9b | 45.4b | 40.5b | 45.0b | 48.3b |

| 43% | 44% | 43% | 43% | 44% | 43% | 45% | 44% | 46% |

## General and administrative expense | 34.4b | 35.0b | 37.9b | 33.6b | 34.9b | 35.0b | 34.0b | 34.7b | 37.0b |

## Operating expense total | 34.4b | 35.0b | 37.9b | 33.6b | 34.9b | 35.0b | 34.0b | 34.7b | 37.0b |

## EBIT | 2.5b | 9.9b | 8.1b | 4.8b | 10.0b | 10.4b | 6.6b | 10.3b | 11.3b |

| 3% | 10% | 8% | 5% | 10% | 10% | 7% | 10% | 11% |

## Interest expense | 94.0m | 80.0m | 61.0m | 58.0m | 127.0m | 118.0m | 125.0m | 153.0m | 182.0m |

## Interest income | 154.0m | 145.0m | 107.0m | 131.0m | 174.0m | 214.0m | 145.0m | 143.0m | 106.0m |

## Pre tax profit | 5.2b | 9.4b | 2.1b | 6.0b | 10.5b | 11.9b | 4.5b | 11.7b | 5.8b |

## Income tax expense | 1.6b | 2.8b | 2.7b | 2.2b | 3.2b | 2.6b | 2.0b | 3.4b | 2.7b |

## Net Income | 3.6b | 6.7b | (521.0m) | 3.8b | 7.3b | 9.3b | 2.5b | 8.3b | 3.0b |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Cash | 74.7b | 78.3b | 86.5b |

## Accounts Receivable | 141.3b | 153.6b | 171.1b |

## Inventories | 30.7b | 32.3b | 36.8b |

## Current Assets | 263.8b | 283.9b | 306.6b |

## PP&E | 78.8b | 76.7b | 75.1b |

## Goodwill | 16.8b | 8.1b | 6.6b |

## Total Assets | 440.5b | 448.8b | 470.1b |

## Accounts Payable | 31.4b | 25.5b | 25.1b |

## Short-term debt | 15.5b | 1.5b | 13.8b |

## Current Liabilities | 136.9b | 129.4b | 147.7b |

## Long-term debt | 29.0b | 28.9b | 18.7b |

## Non-Current Liabilities | 41.1b | 40.7b | 26.3b |

## Total Debt | 44.6b | 30.5b | 32.5b |

## Total Liabilities | 178.0b | 170.1b | 174.0b |

## Common Stock | 43.4b | 43.4b | 43.4b |

## Additional Paid-in Capital | 54.5b | 54.6b | 54.6b |

## Retained Earnings | 158.9b | 173.0b | 193.5b |

## Total Equity | 255.4b | 269.6b | 290.1b |

## Debt to Equity Ratio | 0.2 x | 0.1 x | 0.1 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 1.7 x | 1.7 x | 1.6 x |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Depreciation and Amortization | 16.3b | 16.6b | 16.8b |

## Accounts Receivable | 757.0m | (11.9b) | (15.7b) |

## Inventories | 2.5b | (1.5b) | (9.0b) |

## Accounts Payable | (3.9b) | 3.8b | 1.9b |

## Cash From Operating Activities | 39.2b | 32.0b | 21.4b |

## Purchases of PP&E | (6.5b) | (6.6b) | (7.9b) |

## Cash From Investing Activities | (36.5b) | (6.6b) | (4.1b) |

## Short-term Borrowings | 867.0m | (3.9b) | 2.5b |

## Long-term Borrowings | (5.1b) | (10.1b) | (176.0m) |

## Dividends Paid | (7.4b) | (7.3b) | (8.0b) |

## Cash From Financing Activities | 6.5b | (22.4b) | (7.0b) |

## Net Change in Cash | 8.6b | 2.3b | 9.9b |

JPY | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Depreciation and Amortization | 8.2b | 8.0b | 8.7b |

## Accounts Receivable | 3.5b | 8.9b | 3.3b |

## Inventories | (3.6b) | (8.5b) | (3.9b) |

## Accounts Payable | (1.1b) | (3.7b) | (4.2b) |

## Cash From Operating Activities | 11.4b | 12.3b | 12.0b |

## Purchases of PP&E | (4.0b) | (4.1b) | (5.1b) |

## Cash From Investing Activities | (4.7b) | (5.0b) | (8.2b) |

## Short-term Borrowings | (3.9b) | 498.0m | (2.1b) |

## Long-term Borrowings | (88.0m) | (88.0m) | (1.4b) |

## Dividends Paid | (3.7b) | (4.8b) | (5.9b) |

## Cash From Financing Activities | (8.0b) | (4.6b) | (9.7b) |

## Net Change in Cash | (20.0m) | 3.5b | (8.7b) |

JPY | Y, 2019 |
---|---|

## EV/EBIT | 33.1 x |

## EV/CFO | 31.3 x |

## Debt/Equity | 0.1 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 1.6 x |

FY, 2016 | FY, 2017 | FY, 2018 | |
---|---|---|---|

## Order Volume | ¥390.70 b | ¥400.30 b | ¥432 b |

## Order Volume (Industrial Automation and Control) | ¥348.30 b | ¥359 b | ¥393.60 b |

## Order Volume (Test and Measurement) | ¥22.20 b | ¥22.40 b | ¥23 b |

## Order Volume (Aviation and Other) | ¥20.20 b | ¥18.90 b | ¥15.40 b |

## Patents | 3.87 k | 3.99 k | 4.15 k |

## Trademarks | 1.16 k | 1.16 k | 1.40 k |

## Designs | 265 | 269 | 382 |

## Patents Registered (Japan) | 1.96 k | 1.95 k | 1.94 k |

## Patents Pending (Japan) | 395 | 396 | 430 |

## Patents (Japan) | 2.36 k | 2.34 k | 2.37 k |

## Patents Registered (Foreign) | 803 | 953 | 1.11 k |

## Patents Pending (Foreign) | 708 | 695 | 669 |

## Patents (Foreign) | 1.51 k | 1.65 k | 1.78 k |

## Designs Registered (Japan) | 106 | 115 | 111 |

## Designs Pending (Japan) | 16 | 3 | 22 |

## Designs (Japan) | 122 | 118 | 133 |

## Designs Registered (Foreign) | 127 | 139 | 158 |

## Designs Pending (Foreign) | 16 | 12 | 91 |

## Designs (Foreign) | 143 | 151 | 249 |

## Trademarks Registered (Japan) | 380 | 362 | 339 |

## Trademarks Pending (Japan) | 5 | 11 | 6 |

## Trademarks (Japan) | 385 | 373 | 345 |

## Trademarks Registered (Foreign) | 683 | 705 | 722 |

## Trademarks Pending (Foreign) | 91 | 9 | 335 |

## Trademarks (Foreign) | 774 | 784 | 1.06 k |

## Central Engineeing Centers | 6 | 6 | 5 |

## Control System Projects | 40 k | 40 k | 40 k |

## Countries | 80 | 80 | 80 |

## Countries (Facilities) | 13 | 13 | 13 |

## Manufacturing Facilities (Foreign) | 14 | 14 | 14 |

## Manufacturing Facilities (Japan) | 4 | 4 | 4 |

## Production Sites | 18 | 18 | 18 |

## Research and Development Centers | 8 | 8 | 8 |

## Service Centers | 230 | 230 | 230 |

FY, 2018 | FY, 2017 | FY, 2016 | |
---|---|---|---|

Measurement | 5 % | ||

Control | 88.5 % | 91.7 % | 91.4 % |

Other | 1.4 % | 8.3 % | 8.6 % |

- Source: cdn-nc.yokogawa.com

FY, 2018 | FY, 2017 | FY, 2016 | |
---|---|---|---|

Female, percent | 14.9 % | 13.9 % | 13.3 % |

Male, percent | 85.1 % | 86.1 % | 86.7 % |

- Source: cdn-nc.yokogawa.com