YOKOGAWA ELECTRIC CORPORATION [6841.T]
TOKYO, May 07 (Pulse News Wire) – Yokogawa Electric Corporation (6841.T) reported mixed results for its fiscal year ended March 31, 2026. Revenue increased by ¥425.5 billion to ¥3.100 billion compared to the previous year, while operating profit declined by ¥10 million to -¥800 million due to margin deterioration.
Despite the revenue growth, which was driven by strong orders in the measurement instruments division, the company faced challenges such as project losses and unfavorable exchange rates. For the fiscal year ending March 31, 2027, Yokogawa forecasts a modest increase in orders and revenues, projecting orders to rise by ¥272 million to ¥3.100 billion and revenues to grow by ¥102 million to ¥3.100 billion. Operating profit is expected to improve by ¥24 million to ¥850 million, primarily due to higher sales volumes. In addition to outlining its financial performance, Yokogawa also detailed its capital allocation strategy.
The company plans to continue investing heavily in growth initiatives, having spent approximately ¥173.5 billion on acquisitions and investments since FY24. It also intends to enhance shareholder returns through dividend increases and share repurchases. For FY25, the annual dividend was raised by ¥14 to ¥92 per share, and Yokogawa expects to maintain this trend in FY26 with a further increase to ¥94 per share. Additionally, the company has approved a share buyback program up to ¥300.0 billion, set to run from May 08, 2026, to September 30, 2026.
Overall, Yokogawa remains committed to achieving its long-term strategic goals outlined in its GS2028 plan, focusing on sustainable growth and enhanced profitability.
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