Yokogawa Electric announced that consolidated net profit for the fiscal year ending March 2027 is expected to be approximately ¥60.5 billion, up 4% from the previous fiscal year. Revenue is expected to be ¥629 billion and operating profit ¥88 billion, with strong sales of measurement instruments for components used in AI-related data centers.
Yokogawa Electric expects consolidated net profit for the fiscal year ending March 2027 to be approximately ¥60.5 billion, up 4% from the previous fiscal year. Revenue is expected to be ¥629 billion and operating profit ¥88 billion. Both forecasts were revised upward from the previous forecasts.
Sales of measurement instruments used to evaluate the performance of components for AI data centers are strong, and are expected to contribute to the company's profits. Accordingly, revenue is expected to rise 4% year on year and profit 4%.
At an earnings briefing, the president explained that customers' appetite for investment in energy-related projects remains strong, while some projects have been postponed because of the prolonged conflict in the Middle East.
For the six months ended September 2026, consolidated net profit fell 22% year on year to ¥23 billion, while revenue rose 6% to ¥298.2 billion. The results were affected by higher personnel expenses, a deterioration in the gross profit margin, and the tax burden, including corporate income taxes.