Yokogawa Electric sees sales and profit climb, raises full-year forecast

Yokogawa Electric Corporation announced consolidated net sales of 281,996 million yen for the six months ended September 30, 2025, a 5.8% increase year-on-year, with operating profit rising 7.4% to 38,988 million yen. Despite a yen appreciation, both orders and sales increased, supported by large-scale projects. Profit attributable to owners of parent saw a significant 19.5% increase to 29,371 million yen.

The company revised its full-year consolidated business forecast for the fiscal year ending March 31, 2026, increasing projected net sales to 577,000 million yen and operating profit to 83,000 million yen. This revision is based on a change in the assumed foreign exchange rate. Major initiatives contributing to this performance include acquisitions to strengthen IT/OT integration, cybersecurity, and grid management solutions, as well as signing a Memorandum of Cooperation for global EPC projects.

Yokogawa also announced a 32 yen interim dividend per share, with a total forecast of 64 yen per share for the fiscal year ending March 31, 2026. The company is actively repurchasing its common shares, with an upper limit of 20 billion yen, demonstrating a commitment to shareholder returns. These strategic moves align with the "Growth for Sustainability 2028" medium-term business plan.