Live-News • Aug 13
Yokogawa Chosen to Lead Automation at New West Virginia Carbon Facility Frontieras North America selected Yokogawa Electric’s U.S. unit as the main automation contractor for its first commercial-scale FASform Solid Carbon Fractionation facility in Mason County, West Virginia, covering the full automation lifecycle including process control, safety systems, analytical instruments and cybersecurity.
The facility is designed to process coal using a zero-waste, non-combustion approach to produce refined fuels, hydrogen, fertilizers and industrial chemicals, which positions Yokogawa Electric at the core of a complex project that spans multiple high-value product streams.
Yokogawa Electric’s shares trade at ¥5,554, with a 90-day return of 10.8%, which gives this contract win added relevance for investors tracking how large project awards relate to recent share price performance.
This type of long-cycle, multi-system contract can deepen customer relationships and add earnings visibility, but it also concentrates execution and project-delivery risk on Yokogawa Electric if timelines or technology roll-out encounter challenges. Reported Earnings • Aug 05
First quarter 2027 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2027 results: EPS: JP¥48.27 (down from JP¥59.08 in 1Q 2026). Revenue: JP¥141.3b (up 8.6% from 1Q 2026). Net income: JP¥12.2b (down 19% from 1Q 2026). Profit margin: 8.6% (down from 12% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 3.9%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Declared Dividend • Jul 25
Final dividend of JP¥46.00 announced Shareholders will receive a dividend of JP¥46.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jun 26
Yokogawa Electric Corporation to Report Q1, 2027 Results on Aug 04, 2026 Yokogawa Electric Corporation announced that they will report Q1, 2027 results at 6:00 PM, Tokyo Standard Time on Aug 04, 2026 Ankündigung • May 08
Yokogawa Electric Corporation (TSE:6841) announces an Equity Buyback for 9,000,000 shares, representing 3.53% for ¥30,000 million. Yokogawa Electric Corporation (TSE:6841) announces a share repurchase program. Under the program, the company will repurchase 9,000,000 shares, representing 3.53% of the outstanding shares for ¥30,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, while also promoting initiatives that enable the implementation of flexible capital policies that respond to changes in the business environment. The program will run until September 30, 2026. As of March 31, 2026, the company had 254,628,367 shares outstanding and 2,572,843 shares in treasury. Reported Earnings • May 08
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: EPS: JP¥228 (up from JP¥200 in FY 2025). Revenue: JP¥604.8b (up 7.5% from FY 2025). Net income: JP¥58.1b (up 12% from FY 2025). Profit margin: 9.6% (in line with FY 2025). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • May 07
Yokogawa Electric Corporation, Annual General Meeting, Jun 23, 2026 Yokogawa Electric Corporation, Annual General Meeting, Jun 23, 2026. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥5,635, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 173% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,821 per share. Ankündigung • Apr 01
Yokogawa Electric Corporation to Report Fiscal Year 2026 Results on May 07, 2026 Yokogawa Electric Corporation announced that they will report fiscal year 2026 results at 5:30 PM, Tokyo Standard Time on May 07, 2026 New Risk • Mar 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥46.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 22 June 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥6,154, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 209% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,799 per share. Price Target Changed • Feb 25
Price target increased by 8.2% to JP¥5,791 Up from JP¥5,351, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of JP¥6,014. Stock is up 109% over the past year. The company is forecast to post earnings per share of JP¥232 for next year compared to JP¥200 last year. Reported Earnings • Feb 04
Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2026 results: EPS: JP¥60.72 (up from JP¥54.29 in 3Q 2025). Revenue: JP¥152.3b (up 7.0% from 3Q 2025). Net income: JP¥15.5b (up 9.5% from 3Q 2025). Profit margin: 10% (in line with 3Q 2025). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Dec 22
Price target increased by 8.4% to JP¥5,121 Up from JP¥4,723, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of JP¥5,002. Stock is up 44% over the past year. The company is forecast to post earnings per share of JP¥227 for next year compared to JP¥200 last year. Declared Dividend • Dec 06
First half dividend of JP¥32.00 announced Shareholders will receive a dividend of JP¥32.00. Ex-date: 30th March 2026 Payment date: 22nd June 2026 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Dec 04
Yokogawa Electric Corporation to Report Q3, 2026 Results on Feb 03, 2026 Yokogawa Electric Corporation announced that they will report Q3, 2026 results on Feb 03, 2026 Price Target Changed • Nov 20
Price target increased by 7.8% to JP¥5,009 Up from JP¥4,648, the current price target is an average from 8 analysts. New target price is 5.8% above last closing price of JP¥4,735. Stock is up 39% over the past year. The company is forecast to post earnings per share of JP¥225 for next year compared to JP¥200 last year. Buy Or Sell Opportunity • Nov 12
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.3% to JP¥4,700. The fair value is estimated to be JP¥3,898, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 5.6% per annum over the same time period. Ankündigung • Nov 05
Yokogawa Electric Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026 Yokogawa Electric Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company now expects Net sales of JPY 577.0 billion, Operating profit of JPY 83.0 billion, Profit attributable to owners of parent of JPY 54.5 billion and Basic earnings per share of JPY 213.56 against previous guidance of Net sales of JPY 560.0 billion, Operating profit of JPY 80.0 billion, Profit attributable to owners of parent of JPY 52.5 billion and Basic earnings per share of JPY 202.81. Reported Earnings • Nov 05
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: JP¥55.78 (down from JP¥55.80 in 2Q 2025). Revenue: JP¥151.8b (up 10% from 2Q 2025). Net income: JP¥14.2b (down 2.1% from 2Q 2025). Profit margin: 9.4% (down from 11% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Nov 01
Yokogawa Electric Corporation (TSE:6841) acquired Intellisync S.R.L. Yokogawa Electric Corporation (TSE:6841) acquired Intellisync S.R.L. on October 31, 2025. In related transaction, Yokogawa Electric Corporation (TSE:6841) acquired WiSNAM.
Yokogawa Electric Corporation (TSE:6841) completed the acquisition of Intellisync S.R.L. on October 31, 2025. Buy Or Sell Opportunity • Oct 27
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to JP¥4,674. The fair value is estimated to be JP¥3,883, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Ankündigung • Sep 30
Yokogawa Electric Corporation to Report Q2, 2026 Results on Nov 04, 2025 Yokogawa Electric Corporation announced that they will report Q2, 2026 results on Nov 04, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥32.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Reported Earnings • Aug 06
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: JP¥59.08 (up from JP¥38.65 in 1Q 2025). Revenue: JP¥130.2b (up 1.0% from 1Q 2025). Net income: JP¥15.2b (up 51% from 1Q 2025). Profit margin: 12% (up from 7.8% in 1Q 2025). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 45%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year and the company’s share price has also increased by 23% per year. Declared Dividend • Jul 09
Final dividend of JP¥32.00 announced Shareholders will receive a dividend of JP¥32.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 24
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥200 (down from JP¥235 in FY 2024). Revenue: JP¥562.4b (up 4.1% from FY 2024). Net income: JP¥52.1b (down 16% from FY 2024). Profit margin: 9.3% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Ankündigung • Jun 18
Yokogawa Electric Corporation to Report Q1, 2026 Results on Aug 05, 2025 Yokogawa Electric Corporation announced that they will report Q1, 2026 results on Aug 05, 2025 Ankündigung • Jun 03
Yokogawa Electric Corporation Announces Release of Next-Generation of the Centum VP Integrated Production Control System Yokogawa Electric Corporation announced the unveiling of the next-generation Release 7 concept and the launch of Release 7.01 of the CENTUMTM VP integrated production control system, a core product in the OpreXTM Control and Safety System lineup. This is the 10th generation of the CENTUM series, and its release coincides with the 50th anniversary of the announcement of CENTUM as the world's first distributed control system (DCS), on June 19, 1975. In addition to the dynamic changes in supply chains over recent years, countries have been strengthening regulations in response to a growing awareness of the need to protect the environment. Main Features of Release 7.01: To achieve autonomous operations, it is essential to leverage AI while ensuring safety and security. Release 7.01 helps to establish the necessary foundation for this goal. The key features are as follows. Enhanced security: To achieve data-driven operations, it is crucial to ensure the security of critical infrastructure. This release adopts industry security benchmarks to strengthen the cybersecurity of the components that make up control systems and enhance the overall security level of the system. Expansion of control and monitoring scope with CENTUM: By integrating OPC Unified Architecture (OPC UA) connectivity, the range of plant equipment and devices that can be controlled and monitored by CENTUM is expanded. OPC UA is a platform-independent standard that enables data exchange between devices from different manufacturers in the industrial automation field. In this update, OPC UA client functionality has been added to CENTUM. Enhanced engineering capabilities for large-scale projects: To promote operational optimization by integrating various systems within the plant, a feature has been added that allows the merging and testing of multiple engineering databases related to CENTUM. By realizing stable operations and expanding the scope of autonomy, CENTUM VP release 7 will help customers achieve a more sustainable society and sustainable business growth. Buy Or Sell Opportunity • May 19
Now 21% undervalued Over the last 90 days, the stock has risen 16% to JP¥3,300. The fair value is estimated to be JP¥4,156, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 4.4% per annum over the same time period. Reported Earnings • May 08
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥200 (down from JP¥235 in FY 2024). Revenue: JP¥562.4b (up 4.1% from FY 2024). Net income: JP¥52.1b (down 16% from FY 2024). Profit margin: 9.3% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Ankündigung • May 07
Yokogawa Electric Corporation, Annual General Meeting, Jun 19, 2025 Yokogawa Electric Corporation, Annual General Meeting, Jun 19, 2025. Ankündigung • Apr 23
Yokogawa Electric Corporation (TSE:6841) agreed to acquire Web Synergies Pte Ltd Yokogawa Electric Corporation (TSE:6841) agreed to acquire Web Synergies Pte Ltd on April 23, 2025.
The expected completion of the transaction is in early May, 2025. Buy Or Sell Opportunity • Apr 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to JP¥2,959. The fair value is estimated to be JP¥3,744, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 37%. Revenue is forecast to grow by 9.1% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 19 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). New Risk • Mar 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Profit margins are more than 30% lower than last year (8.7% net profit margin). Ankündigung • Mar 07
Yokogawa Electric Corporation Announces Resignation of Tsuyoshi Abe as Senior Vice President & Executive Officer, Effective March 10, 2025 Yokogawa Electric Corporation announced that the resignation of Tsuyoshi Abe as Senior Vice President & Executive Officer with effect from March 10, 2025. Resignation is due to personal reasons. Ankündigung • Mar 05
Yokogawa Electric Corporation to Report Fiscal Year 2025 Results on May 07, 2025 Yokogawa Electric Corporation announced that they will report fiscal year 2025 results on May 07, 2025 Ankündigung • Mar 04
Yokogawa Electric Corporation (TSE:6841) announces an Equity Buyback for 12,000,000 shares, representing 4.61% for ¥20,000 million. Yokogawa Electric Corporation (TSE:6841) announces a share repurchase program. Under the program, the company will repurchase 12,000,000 shares, representing 4.61% of the outstanding shares for ¥20,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, while also promoting initiatives that enable the implementation of flexible capital policies that respond to changes in the business environment. The program will run until December 31, 2025. As of February 28, 2025, the company had 260,215,902 shares outstanding and 8,408,608 shares in treasury. New Risk • Feb 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.7% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 05
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: JP¥54.29 (down from JP¥65.30 in 3Q 2024). Revenue: JP¥142.3b (up 2.7% from 3Q 2024). Net income: JP¥14.1b (down 17% from 3Q 2024). Profit margin: 9.9% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Dec 13
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.3% to JP¥3,434. The fair value is estimated to be JP¥4,389, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Declared Dividend • Dec 07
First half dividend of JP¥29.00 announced Shareholders will receive a dividend of JP¥29.00. Ex-date: 28th March 2025 Payment date: 19th June 2025 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Dec 04
Yokogawa Electric Corporation to Report Q3, 2025 Results on Feb 04, 2025 Yokogawa Electric Corporation announced that they will report Q3, 2025 results on Feb 04, 2025 Buy Or Sell Opportunity • Nov 18
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.0% to JP¥3,445. The fair value is estimated to be JP¥4,389, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 5.3% per annum over the same time period. Reported Earnings • Nov 07
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: JP¥55.80 (up from JP¥39.52 in 2Q 2024). Revenue: JP¥137.7b (up 1.3% from 2Q 2024). Net income: JP¥14.5b (up 40% from 2Q 2024). Profit margin: 11% (up from 7.6% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.1% to JP¥3,516. The fair value is estimated to be JP¥4,414, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 50%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.5%). Ankündigung • Aug 30
Yokogawa Electric Corporation to Report Q2, 2025 Results on Nov 05, 2024 Yokogawa Electric Corporation announced that they will report Q2, 2025 results on Nov 05, 2024 Reported Earnings • Aug 08
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: JP¥38.65 (down from JP¥92.60 in 1Q 2024). Revenue: JP¥128.9b (up 8.7% from 1Q 2024). Net income: JP¥10.1b (down 59% from 1Q 2024). Profit margin: 7.8% (down from 21% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.2%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥2,961, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,161 per share. Buy Or Sell Opportunity • Aug 05
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to JP¥2,961. The fair value is estimated to be JP¥4,161, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 56%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 0.09% per annum over the same time period. Board Change • Aug 02
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Outside Director Hisashi Maruyama was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 11
Final dividend of JP¥29.00 announced Shareholders will receive a dividend of JP¥29.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Price Target Changed • Jul 05
Price target increased by 7.0% to JP¥4,267 Up from JP¥3,986, the current price target is an average from 6 analysts. New target price is 8.1% above last closing price of JP¥3,947. Stock is up 49% over the past year. The company is forecast to post earnings per share of JP¥198 for next year compared to JP¥235 last year. Reported Earnings • Jun 21
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥235 (up from JP¥146 in FY 2023). Revenue: JP¥540.2b (up 18% from FY 2023). Net income: JP¥61.7b (up 59% from FY 2023). Profit margin: 11% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.0%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Ankündigung • Jun 14
Yokogawa Electric Corporation (TSE:6841) completed the acquisition of Adept Fluidyne Private Limited. Yokogawa Electric Corporation (TSE:6841) agreed to acquire Adept Fluidyne Private Limited on February 28, 2024. The deal is expected to be completed by the end of March 2024. Ernst & Young Private Limited, Investment Banking Arm acted as financial advisor to Yokogawa Electric Corporation (TSE:6841).
Yokogawa Electric Corporation (TSE:6841) completed the acquisition of Adept Fluidyne Private Limited on June 12, 2024. Bridge & Sun Corporation acted as financial advisor to Yokogawa Electric Corporation. Price Target Changed • May 18
Price target increased by 7.1% to JP¥3,857 Up from JP¥3,600, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥4,017. Stock is up 56% over the past year. The company is forecast to post earnings per share of JP¥194 for next year compared to JP¥235 last year. Reported Earnings • May 08
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥235 (up from JP¥146 in FY 2023). Revenue: JP¥540.2b (up 18% from FY 2023). Net income: JP¥61.7b (up 59% from FY 2023). Profit margin: 11% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.0%. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 08
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to JP¥3,860. The fair value is estimated to be JP¥2,970, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings are forecast to decline by 9.1% per annum over the same time period.