Type | Public corporation/Kabushiki gaisha |
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Founded | 1915 |
Headquarters | Musashino, Tokyo, Japan |
Key people | Shuzo Kaihori, President and CEO |
Products | Industrial automation, test and measurement hardware and software, photonic computing |
Revenue | 437.4 billion yen in FY2007 |
Employees | 19,286 (Worldwide operations in 33 countries) |
Website | www.yokogawa.com |
Yokogawa Electric Corporation (横河電機株式会社, Yokogawa-denki-kabushikigaisha) (TYO: 6841) is a Japanese electrical engineering and software company, with businesses based on its technologies in measurement, control, and information. It has a workforce of over 19,000 in its 80 companies worldwide, operating in 33 countries.
Yokogawa's consolidated net sales in fiscal year 2007 accounted for over 437.4 billion yen (4.1 billion US dollars), and net income was 11.7 billion yen;[1] net sales fell to 376.5 billion yen, and net loss was 38.4 billion yen in fiscal year 2008;[2] net sales fell further to 316.6 billion yen, and net loss was 14.8 billion yen in fiscal year 2009,.[3][4] In fiscal year 2010, net sales increased slightly to 325.6 billion yen and net loss decreased to 6.7 billion yen.[5] Unlike profitable competitors Omron, Yamatake (山武), Horiba (堀場), and Shimadzu, Yokogawa asset-per-share and share price [6][7] figures have fallen below what they were ten years ago, so the company created takeover defense measures[8] in 2007.
Yokogawa is one of the pioneering industry leaders in Distributed Control Systems. Their popular CENTUM system was first introduced in 1975.
Some of Yokogawa's most recognizable products are production control systems, test and measurement instruments, pressure transmitters, flow meters, oxygen analyzers, fieldbus instruments, etc.
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Yokogawa was established in 1915 as an electric meter research institute in Shibuya, Tokyo by Tamisuke Yokogawa (Doctor of Architectural Engineering) with Ichiro Yokogawa and Shin Aoki. Later, it became incorporated as Yokogawa Electric Works Ltd., the first company to produce and sell electric meters in Japan.[9] Former Hokushin Electric Works CO., LTD. and YOKOGAWA PRECISION CORP. were the manufacturers of worldwide known HOKUSHIN 16mm Film Projectors. Hokushin means "North Star" in Japanese.
Process control instruments
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