Full Year 2020 Yokogawa Electric Corp Earnings Call Transcript

May 12, 2020 / NTS GMT
Junichi Anabuki - Yokogawa Electric Corporation - Executive VP, Head of Corporate Administration Headquarters & Director

I'm Anabuki with Yokogawa Electric Corporation. Thank you very much for this opportunity. Please open the material to the section titled FY '19 Financial Results, I would like to provide explanation of the overview of our financial results.

Page 4 highlights the key points in a summary format. FY '19 results showed continued steady growth. Sales and operating income were up despite the impact of COVID-19. However, profit attributable to owners of parent declined due to the impairment loss that was posted.

In terms of segment, control, so sales and operating income increased excluding impact of exchange rate, orders were up by 1.1%; sales up by 4.8%. Measurement sales were up, but operating income was down. Aviation and other, although sales declined, the operating loss decreased. In terms of region, orders were up in Japan. Sales were up in China, India and the Middle East. By industry, chemical was strong.

Year-end dividend remains unchanged with JPY 17. FY

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