Yokogawa Electric Corp. · TSE:6841

Yokogawa Electric — FY2002 Earnings Presentation

21 slides from Yokogawa Electric's earnings presentation, May 13, 2003

1. Slide 1: YOKOGAWA

   15 3 2003 5 13 nA YOKOGAWA

2. Slide 2: FY02 results summary versus forecasts

   FY02 3,650 3,350 3,350 3,288 ▲ 362 ▲ 62 72 15 5 16 ▲ 56 1 (2.0%) (0.4 ) (0.1%) (0.5 ) ( 1.5%) % 54 ▲ 15 ▲ 30 ▲ 12 ▲ 66 3 (1.5%) ( 0.4%) 0.9% ( 0.4%) 1.9% % 48 ▲ 130 ▲ 270 ▲ 262 ▲ 310 ▲ 132 1.3% 3.9% 8.1% 8.0% 9.3% % 2003 5 7 1 ©Yokogawa Electric Corporation

3. Slide 3: FY01 and FY02 comparison

   FY01=a FY01=b FY02=c ( 3,108 3,387 3,288 180 ▲ 99 17 ▲ 79 16 ▲1 95 ▲ 61 ▲ 99 ▲ 12 49 87 ▲ 231 ▲ 290 ▲ 262 ▲ 31 28 2 ©Yokogawa Electric Corporation

4. Slide 4: Income statement FY01 vs FY02

   FY01 02 3,387 100.0 3,288 100.0 99 2,106 62.2 2,037 61.9 69 0.3 265 7.8 252 7.7 13 0.1 1,095 32.3 983 29.9 112 2.4 79 2.3 16 0.5 95 2.8 3 ©Yokogawa Electric Corporation

5. Slide 5: FY00 to FY02 profit trends

   FY00 FY01 FY02 162 17 16 153 ▲ 61 ▲ 12 254 ▲ 231 ▲ 262 FY00 FY01 FY02 0 0 ▲ 34 0 ▲ 59 ▲ 38 ▲ 103 ▲ 124 ▲ 184 4 ©Yokogawa Electric Corporation

6. Slide 6: Cash flow

   17.4 15.6 48.7 38.9 127.3 66.8 ▲ 61.2 ▲ 12.3 13.1 119.3 159.9 303.1 ▲ 208.0 ▲ 196.1 23.1 66.1 ▲ 231.1 ▲ 262.3 5 ©Yokogawa Electric Corporation

7. Slide 7: ©Yokogawa Electric Corporation

   1,737 913 849 1,524 1,584 1,551 751 752 422 363 328 250 6 ©Yokogawa Electric Corporation

8. Slide 8: Sales by segment FY02

   FY02 ( ) 3,650 3,900 3,387 3,350 3,600 3,608 3,288 3,417 Others Others Information Information Measurement Measurement Control Control 7 ©Yokogawa Electric Corporation

9. Slide 9: FY02 segment results

   FY02 16 14 7 5 3 16 8 ©Yokogawa Electric Corporation

10. Slide 10: Sales by segment trend

    ( ) 3,553 3,608 3,526 3,417 Others 3,387 3,179 3,288 Others 3,108 Information Information Measurement Measurement Control Control 9 ©Yokogawa Electric Corporation

11. Slide 11: FY00 to FY02 segment results

    FY00 FY02 10 ©Yokogawa Electric Corporation

12. Slide 12: ©Yokogawa Electric Corporation

    11 ©Yokogawa Electric Corporation

13. Slide 13: ©Yokogawa Electric Corporation

    12 ©Yokogawa Electric Corporation

14. Slide 14: FY03

    FY03 13 ©Yokogawa Electric Corporation

15. Slide 15: FY03 sales forecast

    ( ) ( ) 3,800 3,650 3,608 3,608 3,288 3,288 03 4 14 ©Yokogawa Electric Corporation

16. Slide 16: FY03 forecast

    ( ) 25 03 4 15 ©Yokogawa Electric Corporation

17. Slide 17: R&D, depreciation and capital investment

    Research&Development Deoreciation Investments in Property,Plant,Equipment Results Budget FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 Research&Develop ment 18,055 19,408 19,492 19,259 19,181 19,236 25,233 28,000 (Sales Ratio ) 6.4% 6.4% 7.0% 6.1% 5.4% 6.2% 7.7% 7.7% Deoreciation 10,038 10,374 11,031 13,1

18. Slide 18: R&D ratio and investment trends

    7.8 7.7 7.7 280 6.2 252 23 5.4 20 15 265 280 11 252 192 73 130 146 192 91 96 FY00 FY01 FY02 FY03 FY02 FY03 17 ©Yokogawa Electric Corporation

19. Slide 19: Total assets, equity and debt

    ( ) Total Assets Shareholders' Equity Interest bearing Debt Shareholders' Equity Ratio Debt Equity Raio D/E FY96 FY97 FY98 FY99 FY00 FY01 FY02 Total Assets 423,975 439,392 400,543 420,706 410,831 353,900 364,730 Shareholders' Equity 180,472 177,705 171,003 177,596 200,039 169,057 131,784 Interest be

20. Slide 20: Yokogawa share price vs TOPIX

    Jun-99 100 '99/6 9 12 '00/3 6 9 12 '01/3 6 9 12 '02/3 6 9 12 '03/3 Yokogawa Stock Value 715 760 721 954 1,060 991 965 1,100 1,110 863 1,045 1,059 930 765 737 788 932 TOPIX 1,416 1,507 1,722 1,706 1,592 1,471 1,284 1,277 1,301 1,023 1,032 1,060 1,025 921 843 788 829 '99/6 9 12 '00/3 6 9 12 '01/3 6 9

21. Slide 21: FY01 and FY02 supplemental data

    (Million ) FY01 FY02 FY01 FY02 FY01 FY02 FY01 FY02 FY01 FY02 (Million ) 20 ©Yokogawa Electric Corporation

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