Overview
Electric Appliances

YOKOGAWA ELECTRIC CORPORATION

Yokogawa Electric Corporation is a global industrial automation and control company offering integrated solutions across the full plant lifecycle, including distributed control systems (DCS), flow meters, pressure transmitters, process analyzers, and advanced software for productivity improvement under the OpreX brand. The company serves energy, chemicals, food & beverage, pharmaceuticals, and steel industries, providing AI-driven autonomous operations and industrial IoT (IIoT) solutions. In addition to its core control business, Yokogawa offers precision test and measurement instruments including waveform analyzers, optical communication testers, and power meters.

Market Cap
¥1,134B
US$7.23B
EV
¥911B
US$5.81B
Stock¥4,527▼-2.27%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
8.6
x
LTM EV/EBIT
10.9
x
LTM PER
20.6
x
LTM PBR
2.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-22.6%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 24, 26Comprehensive solution business progress
2Aug 5, 26Q1 FY2027 earnings: net profit -19% YoY (¥12.2bn) on higher tax burden
MC → EV Bridge
1,134BUS$7.23BMarket Cap34.1BUS$217M+ Debt196BUS$1.25B− Cash72.8BUS$465M− Inv. Sec.10.8BUS$68.8M+ NCI911BUS$5.81BEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
390US$2.49B'22/3456US$2.91B'23/3540US$3.44B'24/3562US$3.59B'25/3605US$3.86B'26/3
EBITDA 5Y (¥B)
47.6US$304M'22/362.4US$398M'23/399.1US$632M'24/3105US$667M'25/3106US$674M'26/3
Net Income 5Y (¥B)
21.3US$136M'22/338.9US$248M'23/361.7US$393M'24/352.1US$332M'25/358.1US$371M'26/3
Capital Structure
94%
EquityD/E 0.07xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
171US$1.09B34.0US$217M'22/3192US$1.23B32.1US$205M'23/3205US$1.31B32.9US$210M'24/3253US$1.61B34.1US$217M'25/3288US$1.84B34.2US$218M'26/3
Shareholders
Top 10 hold 45.7%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
19.16%
2
Custody Bank of Japan, Ltd. (Trust Account)
7.42%
3
Nippon Life Insurance Company
5.30%
4
The Dai-ichi Life Insurance Company, Limited
2.83%
5
Mizuho Trust & Banking Co., Ltd. (Retirement Benefit Trust, Mizuho Bank, Ltd. Account; Re-trustee: Custody Bank of Japan, Ltd.)
2.41%
6
STATE STREET BANK AND TRUST COMPANY 505038 (Standing Proxy: Mizuho Bank, Ltd.)
2.33%
7
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
2.16%
8
YOKOGAWA ELECTRIC CORPORATION Stock Ownership Association
1.49%
9
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.42%
10
HSBC Hong Kong Treasury Services Account Asian Equities Derivatives (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
1.20%
Management
11 officers
Hisashi NARA
Chairman of the Board, Representative Executive Officer
Apr 1985: Joined the Company Oct 2001: Vice President, Yokogawa Engineering Asia Pte. Ltd. Oct 2003: President, Yokogawa (Thailand) Ltd. Apr 2010: Managing Executive Officer, the Company Jun 2011: Director, Managing Executive Officer Apr 2013: Director, President, Yokogawa Solution Service Corporation Apr 2017: [details not specified in source] Apr 2019: [details not specified in source] Jun 2024: [details not specified in source] Apr 2025: Director, Senior Managing Executive Officer, Representative Director, President Apr 2025: Director, Representative Executive Officer, President Chairman of the Board, Representative Executive Officer (current)
1963-01-23
Kunimasa SHIGENO
Director, Representative Executive Officer, President
Apr 1991: Joined the Company May 2008: Vice President, Engineering Business, Yokogawa Saudi Arabia Company L.L.C. Apr 2016: Executive Vice President, Engineering Business, Yokogawa Saudi Arabia Company L.L.C. Apr 2018: Executive Officer, General Manager, Global Business Services Division, the Company Apr 2021: President, Yokogawa Middle East & Africa B.S.C.(c) Apr 2023: Executive Officer, Regional Head, Middle East & Africa, and President, Yokogawa Middle East & Africa Apr 2024: Managing Executive Officer, General Manager, Digital Solutions Division Jun 2024: Executive Managing Officer, General Manager, Digital Solutions Division Apr 2025: Representative Executive Officer, President Jun 2025: Director, Representative Executive Officer, President (current)
1968-02-08
Hikaru YOSHIKAWA
Director
Apr 1989: Joined the Company Apr 2011: General Manager, Public Relations & IR Department, Management Division Apr 2012: General Manager, Corporate Strategy Office, Corporate Division Apr 2016: [details not specified in source] May 2017: [details not specified in source] Apr 2020: [details not specified in source] Apr 2022: [details not specified in source] Apr 2024: [details not specified in source] Jun 2024: General Manager, Business Planning Office, Marketing Division President, Yokogawa America do Sul S.A.S. Executive Officer, General Manager, Management Audit & Quality Assurance Division Executive Officer, General Manager, Management Audit & QHSE Division, Internal Audit Office Director (current)
1967-03-28
Noriko NAKAJIMA
Director, Executive Officer, General Manager, Accounting & Finance Division
Apr 1994: Joined the Company Apr 2014: Manager, Budget Management Department, Accounting & Finance Division Apr 2016: General Manager, Finance Department, Accounting & Finance Division Apr 2018: General Manager, Accounting & Finance Center, Management Division Apr 2021: Executive Officer, General Manager, Accounting & Finance Division Jun 2024: Director, Executive Officer, General Manager, Accounting & Finance Division (current)
1971-01-14
Akira UCHIDA
Director
Apr 1975: Joined Toray Industries, Inc. Jun 1996: Executive Vice President, Toray Industries (America), Inc. Jun 2000: Chief Staff, Corporate Planning Office No.1 and Public Relations Office, Toray Industries, Inc. Jun 2004: [details not specified in source] Jun 2005: Senior Manager, Corporate Planning & IR Office, Toray Industries, Inc.; Director, Head of Finance & Accounting, Toray Industries, Inc.; President, Toray Holding (U.S.A.), Inc. Jun 2009: Managing Director, Head of Finance & Accounting, Toray Industries, Inc.; President, Toray Holding (U.S.A.), Inc. Jun 2012: Managing Director, overall CSR, General Affairs & Legal, IR, Public Relations and Advertising; Head of Tokyo Plant, Toray Industries, Inc. Jun 2016: [details not specified in source] Jun 2019: Advisor, Toray Industries, Inc. (retired Mar 2019) Director, the Company (current) Significant concurrent position: Auditor, Suga Weathering Technology Foundation (public interest foundation)
1950-10-04
Suguru ONO
Director
Apr 1978: [details not specified in source] Jun 1983: [details not specified in source] Feb 1984: Registered with Tokyo Bar Association; admitted to New York State Bar; joined Nishimura & Sanada Law Office Jul 1985: Partner, Nishimura & Asahi (retired Dec 2020) Jun 2007: [details not specified in source] Apr 2009: Managing Director, Securitization Forum (Ryudoka Shoken-ka Kyogikai); Chairman (current) Visiting Professor, University of Tokyo (retired Mar 2024) Jun 2020: Audit & Supervisory Board Member, the Company Jan 2021: [details not specified in source] Jan 2024: [details not specified in source] Jun 2024: Of Counsel, Nishimura & Asahi (retired Dec 2023) Managing Partner, Ono Sogo Law Office (current) External Adviser, Nishimura & Asahi (current) Director, the Company (current) Significant concurrent positions: Managing Partner, Ono Sogo Law Office; External Adviser, Nishimura & Asahi; Outside Audit & Supervisory Board Member, Prestige International Inc.; Non-Executive Audit & Supervisory Board Member, and Capital Inc.; Chairman, Securitization Forum; Supervisory Director, Internship Promotion Association, Japan Association of Corporate Executives
1953-06-01
Christina AHMADJIAN
Director
Jan 1995: [details not specified in source] Oct 2001: Associate Professor, Columbia Business School Jan 2004: Associate Professor, Hitotsubashi University Graduate School of International Corporate Strategy Jun 2009: Professor, Hitotsubashi University Graduate School of International Corporate Strategy Apr 2010: [details not specified in source] Apr 2012: [details not specified in source] Jun 2012: Dean, Hitotsubashi University Graduate School of International Corporate Strategy; Professor, Hitotsubashi University Graduate School of Commerce Jun 2013: Outside Director, Eisai Co., Ltd. (retired Jun 2013) Jun 2014: Outside Director, Mitsubishi Heavy Industries, Ltd. (retired Jun 2021) Apr 2018: Outside Director, Japan Exchange Group, Inc. (retired Jun 2022) Jun 2018: Outside Director, Sumitomo Electric Industries, Ltd. (retired Jun 2025) Mar 2019: Outside Director, Asahi Group Holdings, Ltd. (retired Mar 2025) Jun 2021: Outside Director, NEC Corporation (retired Jun 2025) Apr 2022: Professor, Hitotsubashi University Graduate School of Management (retired Mar 2022) Jun 2025: Director, the Company (current) Professor Emerita, Hitotsubashi University (current) Significant concurrent positions: Outside Director (Audit and Supervisory Committee Member), NGK Spark Plug Co., Ltd.; Outside Director, UTokyo Edge Capital Partners, Inc.; Outside Director, DISCO Corporation; Trustee (part-time), Hokkaido University; Outside Director, Daiwa Securities Group Inc.
1959-03-05
Kuniko URANO
Director
Apr 1979: Joined Komatsu Ltd. Apr 2005: General Manager, Logistics Planning Department, Production Division, Komatsu Ltd. Apr 2010: General Manager, Corporate Communications Department, Komatsu Ltd. Apr 2011: Executive Officer, General Manager, Corporate Communications Department, Komatsu Ltd. Apr 2014: Executive Officer, General Manager, Human Resources Department, Komatsu Ltd. Apr 2016: Managing Executive Officer, General Manager, Human Resources Department, Komatsu Ltd. Jun 2018: [details not specified in source] Apr 2021: [details not specified in source] Jun 2021: Director, Komatsu Ltd. (retired Jun 2021) Jul 2021: Director and Managing Executive Officer, Komatsu Ltd. Director, the Company (current) Advisor, Komatsu Ltd. (retired Jun 2024)
1956-10-19
Takuya HIRANO
Director
Dec 1995: Joined Kanematsu Corporation, U.S. subsidiary Feb 1998: Joined Hyperion Solutions Corporation (now Oracle Corporation) Feb 2001: President, Hyperion K.K. Aug 2005: Senior Director, Business & Marketing Division, Microsoft Japan Co., Ltd. Feb 2006: Executive Officer, Enterprise Services, Microsoft Japan Co., Ltd. Jul 2007: Executive Officer, Managing Director, Enterprise Business and Enterprise Services, Microsoft Japan Co., Ltd. Mar 2008: General Manager, Microsoft Central and Eastern Europe, Multi-country Sep 2011: Executive Officer, Senior Vice President, Marketing & Operations, Microsoft Japan Co., Ltd. Jul 2014: Representative Executive Vice President, Microsoft Japan Co., Ltd. Mar 2015: Representative Director, President, Microsoft Japan Co., Ltd. (retired Aug 2019) Sep 2019: Vice President, Global Service Partner Business, Microsoft Corporation (retired Sep 2022) Jun 2022: Director, the Company (current) Significant concurrent positions: Co-founder, Three Field Advisors LLC; Founder, Crosspoint LLC; Director, Chairman (part-time), Yayoi Co., Ltd.; Outside Director, Renesas Electronics Corporation; Outside Director, Fujitsu Limited
1970-08-11
Yujiro GOSHIMA
Director
Apr 1980: Joined Nippon Shokubai Kagaku Kogyo Co., Ltd. (now Nippon Shokubai Co., Ltd.) Apr 2011: Deputy General Manager, Production Division, and General Manager, Production Technology Department, Nippon Shokubai Co., Ltd. Apr 2012: Director, General Manager, Kawasaki Plant, Nippon Shokubai Co., Ltd. Jun 2012: Executive Officer, General Manager, Kawasaki Plant, Nippon Shokubai Co., Ltd. Jun 2015: Director, Managing Executive Officer, in charge of production and technology, Nippon Shokubai Co., Ltd. Apr 2017: President and Representative Director, Nippon Shokubai Co., Ltd. Jun 2022: Chairman and Director, Nippon Shokubai Co., Ltd. Jun 2023: Adviser, Nippon Shokubai Co., Ltd. (current) Director, the Company (current) Significant concurrent positions: Adviser, Nippon Shokubai Co., Ltd.; Councilor, Kansai Economic Federation (Vice Chair, Science and Technology Promotion Committee)
1957-05-04
Hisashi MARUYAMA
Director
Apr 1983: Joined Hitachi Chemical Co., Ltd. (now Resonac Corporation) Apr 2003: Director, Office of the President, and General Manager, Legal & IR, Hitachi Chemical Co., Ltd. Apr 2011: Executive Officer, Deputy General Manager, CSR Division, and General Manager, Finance Center, Hitachi Chemical Co., Ltd. Apr 2015: Managing Executive Officer, Hitachi Chemical Co., Ltd. Apr 2016: [details not specified in source] Jun 2016: Representative Executive Officer, President, and Director, Hitachi Chemical Co., Ltd. Jan 2022: Director, Showa Denko K.K. (now Resonac Holdings Corporation); Representative Director, Chairman, Showa Denko Materials Co., Ltd. (now Resonac Corporation) Jan 2023: [details not specified in source] Jun 2024: Director, Resonac Holdings Corporation (retired Mar 2023) Director, the Company (current) Significant concurrent position: Outside Director (Audit and Supervisory Committee Member), Zensho Holdings Co., Ltd.
1961-03-08
Large Shareholding Reports
BlackRock Fund Advisors
2026-03-04
1.88%→2.09%
Nomura Asset Management Co., Ltd.
2025-11-06
6.33%→7.35%
Amova Asset Management Co., Ltd.
2025-09-19
3.23%→3.10%
BlackRock Japan Co., Ltd.
2025-09-03
2.28%→1.96%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-04
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-18
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-03-04
Large Shareholding Report
TDnet
2026-02-03
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-06
Large Shareholding Report
EDINET
2025-11-05
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-09-03
Large Shareholding Report
TDnet
2025-08-05
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-19
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-04
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-06
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-06
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-07-02
Securities Registration Statement
EDINET
2024-06-18
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-05-07
中期経営計画
EDINET
2024-02-07
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-08
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINETAmended
2023-09-15
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2023-09-15
Amended Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-08
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-02
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-22
Annual Securities Report
EDINET
2022-02-09
Quarterly Securities Report
EDINET
2021-11-04
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-23
Annual Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →