Monday, Jul 24, 2017
YOKOGAWA ELECTRIC CORPORATION


Vision/Mission

As a company, our goal is to contribute to society through broad-ranging activities in the areas of measurement, control, and information.

Individually, we aim to combine good citizenship with the courage to innovate.

 

Business Description

Since its foundation in 1915, Yokogawa has contributed to society by providing leading edge products and solutions centering on its measurement, control, and information technologies. To ensure that it continues to meet changing needs and stays on track for another century of steady growth, Yokogawa has instituted reforms and is now working to transform itself in a number of other ways.

Under the corporate brand slogan of “Co-innovating tomorrow,” Yokogawa seeks to establish ever greater levels of trust with its customers and to work with them to create new value for a brighter future, both for its customers and society.

 

Background

Yokogawa 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 then, Yokogawa has continued to expand 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.

Today, Yokogawa has become a global leader in the industrial automation and control field with a Groupwide workforce of approximately 20,000 employees.  

 

Products/Services

Industrial automation and control business

Yokogawa was the world’s first company to develop a distributed process control system for the monitoring and control of various types of plant facilities, and has established a global reputation as a leading company in the control field. With its measurement, control, and information technologies and its rich expertise in industrial applications, Yokogawa offers optimum solutions that can help its customers improve productivity, maximize asset utilization, and ensure safety.

Test and measurement business

Yokogawa provides reliable measuring instruments for the development and production of electrical, electronic, and automotive equipment, as well as for the environmental measurement and communications markets. Yokogawa is also engaged in businesses involving products such as confocal scanner units for the real-time observation of life processes at the molecular level and drug discovery support systems for the automatic testing of candidate compounds, and anticipates that these businesses will become market leaders.

Aviation and other businesses

Yokogawa is also steadily developing its aircraft instruments, marine navigation systems, and environmental products. Yokogawa’s flat panel displays feature high visibility and superb environmental resistance, and are widely used in the cockpits of the latest Airbus airliners and other aircraft. Yokogawa supplies a full lineup of navigation systems such as gyrocompasses and autopilots for vessels of all kinds, from large passenger ships to freighters. Yokogawa’s environmental business supplies rain gauges, hydrostatic level gauges, and other types of hydrological and meteorological equipment that aid in forecasting extreme weather events.

 

Markets

Net sales in fiscal year 2015: 413.7 billion yen

Sales by region: Japan 127.1 billion yen, Asia 100.5 billion yen, Middle East 46.8 billion yen, North America 40.4 billion yen, Europe 34.8 billion yen, elsewhere 64.1 billion yen

 

Location

Headquarters
2-9-32 Nakacho, Musashino-shi, Tokyo 180-8750, Japan

Subsidiaries and affiliates (as of March 31, 2016)
  13 subsidiaries and 1 affiliate in Japan
  75 subsidiaries and 2 affiliates outside Japan

 

Company Goals & Objectives

Through “Process Co-Innovation,” Yokogawa creates new value with our clients for a brighter future (our vision statement).

 

Management

Corporate Executives:

http://www.yokogawa.com/pr/corporate/pr-corp-executives-en.htm?nid=megadlist

 

Employees

18,646 (consolidated) 2,502 (non-consolidated) (as of March 31, 2016)

 

Highlights

In 2015, the Yokogawa Group established a long-term business framework that defines its goals for the next 10 years (vision statement) and describes what will be needed to accomplish them.


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