Yokogawa ElectricYOKOGAWA ELECTRIC CORPORATION6841東証プライム電気機器FY ending Mar 2026, consolidated, J-GAAP

Yokogawa Electric FY ending Mar 2026 results

About 94% of Yokogawa Electric's sales come from Industrial automation and control, with Test and measurement and new bussinesses, other making up much of the rest.

Out of every ¥100 of sales, about ¥14 is left as operating profit.

Revenue changed +7.5% from the prior year, operating profit -1.2%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +7.5% · profit -1.2%, calculated from disclosed figures.

Operating leverage: -0.15× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +7.5%¥562.4B → ¥604.8B
Gross profit: +3.3%¥267.4B → ¥276.4B
Operating income: -1.2%¥83.5B → ¥82.6B
Net income attributable to owners: +11.5%¥52.1B → ¥58.1B
Operating cash flow: -13.2%¥99B → ¥86B
Free cash flow: -19.2%¥72.1B → ¥58.3B

Results at a glance

Revenue for the FY ending Mar 2026 rose 7.5% to ¥604.8B, up from ¥562.4B a year earlier.
Operating income, however, dipped 1.2% to ¥82.6B, so higher sales did not lift core profit.
Net income attributable to owners grew 11.5% to ¥58.1B.
Operating cash flow fell 13.2% to ¥86B, and free cash flow came down to ¥58.3B.

What drove the change

Orders grew thanks to several large control-system projects backed by steady energy demand, and to rising demand tied to AI data centers in test and measurement.
Currency movements and revenue from projects won in earlier years pushed sales up.
Gross profit rose, but a weaker gross margin in the control business, partly from one-off factors, held operating income back.

Things to watch

Sharp currency swings could hurt product competitiveness and raise procurement costs.
Competition for plant projects is getting tougher, and resource-rich and emerging countries increasingly want local production and hiring; failing to meet cost demands could mean lost orders.
Acquired businesses may be slow to take off, or integration may fail, leaving expected results unmet.

Annual Securities Report (150th fiscal term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (150th fiscal term) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Yokogawa Electric sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥54
SG&A: ¥32
Operating profit: ¥14
Net profit kept: ¥10

Annual margin trends

Gross margin45.7%

Operating margin13.6%

Net margin9.6%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Industrial automation and control¥565.5B
94%
Op. margin 13.3%Industry: Robots & Factory Automation
Test and measurement¥34B
6%
Op. margin 22.9%Industry: Robots & Factory Automation
new bussinesses, other¥5.3B
1%
Op. margin -7.4%

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第150期(2025/04/01－2026/03/31)
ID S100YE3H2026-06-18Open
EDINET (FSA Japan)
有価証券報告書－第149期(2024/04/01－2025/03/31)
ID S100VY8X2025-06-19Open
EDINET (FSA Japan)
有価証券報告書－第148期(2023/04/01－2024/03/31)
ID S100TN0N2024-06-18Open
EDINET (FSA Japan)
訂正有価証券報告書－第147期(2022/04/01－2023/03/31)
ID S100RV582023-09-15Open
EDINET (FSA Japan)
有価証券報告書－第146期(令和3年4月1日－令和4年3月31日)
ID S100O7MY2022-06-22Open
EDINET (FSA Japan)
有価証券報告書－第145期(令和2年4月1日－令和3年3月31日)
ID S100LIZL2021-06-23Open

Extracted from XBRL: 54 / Derived from other figures: 1

Spotted an error? Report it (corrections keep the original record)

Other periods

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.

Open Markdown Share on X Save image