The History of Yokogawa analyzer market 1969 Developed world’s first vortex flowmeter 1974...
Transcript of The History of Yokogawa analyzer market 1969 Developed world’s first vortex flowmeter 1974...
▲▲▲▲▲ ▲20001980
▲19901960
▲197019401915
▲1920
▲1930
▲1950 2016 (Year)
¥391.4
¥78.4
¥7.3
¥352.6
¥247.8
¥7.0
¥15.9¥16.2
28.0%
20.5%
¥31.6
67.3%
¥31.0
Net sales (Billions of yen)
Operating income (Billions of yen)
Net sales outside Japan ratio (%)
¥1.9 ¥5.0
1933 Started research and manufacture of aviation equipment and flow, temperature, and pressure controllers
1948Made public offering of the Company’s stock
1915Tamisuke Yokogawa, Doctor of Architectural Engineering, established an electric meter research institute in Shibuya, Tokyo with Ichiro Yokogawa and Shin Aoki
1917First to produce and sell electric meters in Japan
1920Incorporated as Yokogawa Electric Works Ltd.
1950Developed Japan’s first electronic recorder
1955Signed a technical assistance agreement for industrial instru-ments with Foxboro, USA
1957Established Yokogawa Electric Works, Inc. as North American sales office
1964Made a full-scale entry to the industrial analyzer market
1969Developed world’s first vortex flowmeter
1974● Established Yokogawa Electric
Singapore Pte. Ltd. as Singapore plant
● Established Yokogawa Electric (Europe) B. V. as European sales office
The Yokogawa Group traces its history back to the establishment on September 1, 1915 of an electric meter research institute in the Shibuya district of Tokyo. Ever since, Yokogawa has continued to ex-pand its business, focusing mainly on the measurement, control, and information technology fields. Taking the initiative to constantly transform itself in response to dramatic social and economic change, the Company has established an impressive track record of continuous expansion while contributing to the growth and development of industry through solutions.
Today, Yokogawa has become a global leader in the industrial automation and control field with a Group-wide workforce of around 20,000 dedicated employees.
Yokogawa is working to resolve social issues through business activities with the aim of contrib-uting to society and to a sustainable global environment.
Founder Tamisuke Yokogawa and Shibuya factory
Reforming the industrial automation and con-trol businessShifted focus from the product business to the solution business
■ Announced long-term business framework and Transformation 2017 mid-term business plan
■100th anniversary of the Yokogawa Group
Released CENTUM, the world’s first distributed process control system
1915
1997- 2015
1975
The History of Yokogawa
2017 Yokogawa Report
▲▲▲▲▲ ▲20001980
▲19901960
▲197019401915
▲1920
▲1930
▲1950 2016 (Year)
¥391.4
¥78.4
¥7.3
¥352.6
¥247.8
¥7.0
¥15.9¥16.2
28.0%
20.5%
¥31.6
67.3%
¥31.0
Net sales (Billions of yen)
Operating income (Billions of yen)
Net sales outside Japan ratio (%)
¥1.9 ¥5.0
▲▲▲▲▲ ▲20001980
▲19901960
▲197019401915
▲1920
▲1930
▲1950 2016 (Year)
¥391.4
¥78.4
¥7.3
¥352.6
¥247.8
¥7.0
¥15.9¥16.2
28.0%
20.5%
¥31.6
67.3%
¥31.0
Net sales (Billions of yen)
Operating income (Billions of yen)
Net sales outside Japan ratio (%)
¥1.9 ¥5.0
1983Formed Yokogawa Hokushin Elec-tric Corp. through merger with Hokushin Electric Works, Ltd.
1986● Jointly established Xiyi Yokoga-
wa Co., Ltd. in Xian, China, with Xian Instruments Factory
● Changed the Company name to Yokogawa Electric Corporation
1988Entered the high-frequency measuring instruments business
2005Established Yokogawa Electric International Pte. Ltd. in Singa-pore to oversee the global industrial automation business
2008Entered the drug discovery support market with new bio test system
2010Transferred the measuring instruments business to Yokogawa Meters & Instruments Corporation
2013Formed Yokogawa Solution Service Corporation to handle sales, engineering, and services for the Japan industrial automa-tion business
2016Acquired KBC Advasnced Technologies
1990Established Yokogawa Middle East E.C. in Bahrain
1996Released a confocal scanner and entered the biotechnology business
2002Acquired all the shares of Ando Electric Co., Ltd.
Founding PrinciplesQuality first Pioneering spirit Contribution to society
The Founder’s AspirationsIn his instructions to Ichiro Yokogawa and Shin Aoki, Dr. Tamisuke Yokogawa said, “You don’t need to worry about profits. Just learn and improve our technology. You must make products that earn us the respect of our customers.” This is the origin of the founding principles that have been handed down for a century as the pioneering spirit.
Although first set into words in 1988, the Yokoga-wa Philosophy is based on these founding principles, and is embodied in the code of conduct that guides employees in the performance of their daily tasks and in all pronouncements on our corporate objectives.
*Consolidated accounting from FY1990
As a company, our goal is to contribute to society through broad-ranging activities in the areas of measurement, control, and infor-mation.
Individually, we aim to combine good citizen-ship with the courage to innovate.
The Yokogawa Philosophy
FY2016 Operating ResultsOperating income ¥31.6 billion
ROS 8.1%
EPS ¥96.4
ROE 10.4%
ROA 6.0%
Net sales ¥391.4 billion
012017 Yokogawa Report