Yokogawa Electric Corp. · TSE:6841

Yokogawa Electric — H1 FY2007 Earnings Presentation

42 slides from Yokogawa Electric's earnings presentation, October 2007

  1. Slide 1: 20

    20 20 3 3

  2. Slide 2: FY07 1H results summary

    FY07 FY06 07/5/10 07/10/31 2,223 2,200 2,285 85 62 1,864 2,000 2,043 43 179 91 100 88 12 3 114 80 57 23 57 40 30 27 3 13 ©Yokogawa Electric Corporation

  3. Slide 3: FY07 1H results

    +84 +45 -5 1,710 1,794 1,794 170 1,710 1,515 1,515 170 165 165 1,470 1,470 FY07 1H FY07 1H FY07 1H FY07 1H FY07 1H FY07 1H 7/26 7/26 7/26 ©Yokogawa Electric Corporation

  4. Slide 4: FY07 1H FY07 1H FY07 1H

    -1 +8 -23 318 318 310 310 309 309 310 310 0 0 23 23 FY07 1H FY07 1H FY07 1H FY07 1H FY07 1H FY07 1H 7/26 7/26 7/26 ©Yokogawa Electric Corporation

  5. Slide 5: FY07 1H FY07 1H FY07 1H

    +2 -10 +16 220 220 210 210 180 180 182 182 70 54 54 70 FY07 1H FY07 1H FY07 1H FY07 1H FY07 1H FY07 1H 7/26 7/26 7/26 ©Yokogawa Electric Corporation

  6. Slide 6: ©Yokogawa Electric Corporation

    1 2 ©Yokogawa Electric Corporation

  7. Slide 7: ©Yokogawa Electric Corporation

    ©Yokogawa Electric Corporation

  8. Slide 8: ©Yokogawa Electric Corporation

    8 ©Yokogawa Electric Corporation

  9. Slide 9: ©Yokogawa Electric Corporation

    ©Yokogawa Electric Corporation

  10. Slide 10: FPD

    FPD ©Yokogawa Electric Corporation

  11. Slide 11: ©Yokogawa Electric Corporation

    ©Yokogawa Electric Corporation

  12. Slide 12: ©Yokogawa Electric Corporation

    ©Yokogawa Electric Corporation

  13. Slide 13: ©Yokogawa Electric Corporation

    ©Yokogawa Electric Corporation

  14. Slide 14: FY07 full-year forecast

    FY07 FY07 FY06 07/5/10 07/10/31 4,565 4,700 4,750 50 185 4,334 4,500 4,500 - 166 293 350 310 40 17 296 300 240 60 56 126 140 120 20 6 ©Yokogawa Electric Corporation

  15. Slide 15: FY07 forecast by segment

    4,700 4,750 (+50) 4,500 4,500 ( 0) 350 310 (-40) (-50) 460 (-50) 20 510 470 520 (-50) 730 (-50) 780 710 760 ( 0) 430 430 (+150) (+100) 3,410 3,560 3,320 3,220 20 (-40) 100 ( 0) 100 ©Yokogawa Electric Corporation

  16. Slide 16: VigilantPlant

    VigilantPlant ce l le nce cti on Ex Produ e t Excellence Ass ence Safety Excell 2008 VigilantPlant VigilantPlant VigilantPlant 2005 2006 2007 2008 2009-2010 Lifecycle Excellence ©Yokogawa Electric Corporation

  17. Slide 17: QCD JOB

    QCD JOB ©Yokogawa Electric Corporation

  18. Slide 18: ©Yokogawa Electric Corporation

    ©Yokogawa Electric Corporation

  19. Slide 19: 20

    20 20 3 3

  20. Slide 20: Forecast comparison 1H

    FY07 07/05/10 07/07/26 07/10/31 2,200 2,200 2,285 85 2,000 2,000 2,043 43 100 100 88 12 5.0% 5.0% 4.3% 0.7% 80 80 57 23 4.0% 4.0% 2.8% 1.2% 30 30 27 3 1.5% 1.5% 1.3% 0.2% ©Yokogawa Electric Corporation

  21. Slide 21: FY05-FY07 1H results

    FY07 FY05 FY06 FY07 1,838 2,223 2,285 62 2.8% 1,778 1,864 2,043 179 9.6% 77 91 88 3 3.3% 84 114 57 57 50.0% 18 40 27 13 32.6% ©Yokogawa Electric Corporation

  22. Slide 22: Cost structure and margins

    FY07 FY05 FY06 FY07 1,778 100.0% 1,864 100.0% 2,043 100.0% 179 - 1,016 57.1% 1,063 57.0% 1,155 56.5% 92 0.5% 152 8.5% 165 8.9% 202 9.9% 37 1.0% 532 29.9% 545 29.2% 598 29.3% 53 0.1% 77 4.3 91 4.9 88 4.3% 3 0.6% ©Yokogawa Electric Corporation

  23. Slide 23: FY06 FY07

    FY07 10 37 77 53 179 91 77 88 FY06 FY07 ©Yokogawa Electric Corporation

  24. Slide 24: Quarterly results

    FY07 FY05/06 FY05 FY06 FY07 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total 1Q 2Q 920 918 988 1,179 4,005 1,107 1,116 1,097 1,245 4,565 1,121 1,164 (168) 709 1,069 757 1,354 3,889 696 1,168 851 1,619 4,334 835 1,208 (221) 15 92 12 164 253 14 105 36 166 293 4 92 (14) FY06 2 3 12 3 ©Yokogawa Electric Corporation

  25. Slide 25: FY06 FY07 FY07

    FY07 FY06 FY07 FY07 7/26 91 100 88 52 16 20 28 47 114 80 57 4 14 10 28 20 90 70 50 50 40 23 40 30 27 ©Yokogawa Electric Corporation

  26. Slide 26: 55.6% 55.7% 51.2% 49.1% 62.2% 47.9% 60.5% 62.2% 2,470 56.9% 45.3% 2,249 52.5% 47.1%

    55.6% 55.7% 51.2% 49.1% 62.2% 47.9% 60.5% 62.2% 2,470 56.9% 45.3% 2,249 52.5% 47.1% 2,111 2,043 1,810 1,864 1,515 1,778 1,373 1,282 1,012 1,152 1,095 13.3% 916 1,138 7.3%6.3% 806 943 729 423 363 318 972 1,099 1,097 219 237 210 948 905 715 553 572 171 263 167 16 15 28 192 160 151 203 222 182 FY06 2 3

  27. Slide 27: 2,285 (+85) 2,200 2,200 (+2) 2,000 2,000 2,043 (+43) 00 180 (-1) (-10) 309

    FY07 2,285 (+85) 2,200 2,200 (+2) 2,000 2,000 2,043 (+43) 182 200 180 (-1) (-10) 309 210 220 220 350 310 (+8) 318 350 310 (+84) (+45) 1,710 1,794 1,650 1,470 1,515 1,430 ©Yokogawa Electric Corporation

  28. Slide 28: 5/10 7/26 ▲5 (-12) ▲ ▲ 23 ▲ 70 ▲ 70 ▲ 54 16

    FY07 5/10 7/26 100 100 160 170 165 ▲5 88 (-12) 10 0 10 0 ▲ 23 ▲ 23 ▲ 70 ▲ 70 ▲ 54 16 (-5) 100 100 88 ▲ 12 160 170 165 23 (-23) 70 70 (+16) 54 ©Yokogawa Electric Corporation

  29. Slide 29: 2,223 2,285 (+62) (-32) 2,043 (+179) 1,838 1,864 (-65) 1,778 (-9) 309 210 374

    FY07 2,223 2,285 (+62) (-32) 2,043 (+179) 1,838 214 182 1,864 (-65) 1,778 (-9) 309 210 374 219 (-45) 249 267 318 363 381 378 (+159) (+233) 1,794 1,635 1,515 1,208 1,282 1,133 FY05 FY06 FY07 FY05 FY06 FY07 1H 1H 1H 1H 1H 1H ©Yokogawa Electric Corporation

  30. Slide 30: FY05 FY06 FY07 (-3) ▲3 ▲ ▲ ▲ 13 ▲ 35 ▲ 54 ▲

    FY07 FY05 FY06 FY07 88 (-3) 87 129 165 36 91 3 ▲3 ▲ 23 ▲ 20 77 ▲ 13 ▲ 35 ▲ 54 ▲ 19 (+36) 165 77 91 88 ▲3 3 129 87 (-20) 13 3 23 35 (-19) 54 FY05 FY06 FY07 1H 1H 1H ©Yokogawa Electric Corporation

  31. Slide 31: FY05 FY05 FY06 1H

    4,387 4,402 4,387 4,402 4,178 4,073 4,178 4,073 388 277 422 3 596 699 321 3 613 519 3 3 1,326 1,345 1,290 1,204 1,402 1,324 1,270 1,245 534 501 450 513 74 88 434 434 434 120 97 434 504 504 504 1,335 503 1,023 1,086 1,240 1,308 1,326 1,405 1,396 625 618 620 631 245 231 202 223 50 46 47 46 FY06 FY07 F

  32. Slide 32: FY04 1H FY05 1H FY06 1H FY07 1H

    FY04-07 189 113 81 82 5 9 6 76 104 183 192 274 FY04 1H FY05 1H FY06 1H FY07 1H ©Yokogawa Electric Corporation

  33. Slide 33: Full-year forecast

    FY07 FY07 FY06 07/7/26 07/10/31 07/5/10 - 4,565 4,700 4,700 4,750 50 185 4,334 4,500 4,500 4,500 - 166 293 350 350 310 40 17 6.8% 7.8% 7.8% 6.9% 0.9% 0.1% 296 300 300 240 60 56 6.8% 6.7% 6.7% 5.3% 1.4% 1.5% 126 140 140 120 20 6 2.9% 3.1% 3.1% 2.7% 0.4% 0.2% ©Yokogawa Electric Corporation

  34. Slide 34: FY06 FY07 0

    FY07 FY06 FY07 91 293 88 310 52 76 16 70 28 73 47 114 296 57 240 4 5 14 30 28 50 20 90 251 50 210 50 125 23 90 40 126 27 120 ©Yokogawa Electric Corporation

  35. Slide 35: 4,700 4,700 4,750 (+50) 4,500 4,500 4,500 ( 0) (-50) (-50) 530 510 (-50)

    FY07 4,700 4,700 4,750 (+50) 4,500 4,500 4,500 ( 0) (-50) 460 (-50) 530 510 (-50) 520 520 470 730 (-50) 820 780 800 760 710 (+150) (+100) 3,350 3,410 3,560 3,180 3,220 3,320 ©Yokogawa Electric Corporation

  36. Slide 36: FY07 2H 2,465 2,457 (-40) 2 222

    FY07 FY07 2H 350 350 2,465 2,457 310 (-40) 30 20 278 260 421 392 222 3 ( 0) 420 430 430 1,766 1,805 265 20 (-40) 100 100 100 ( 0) 46 ©Yokogawa Electric Corporation

  37. Slide 37: FY07 FY06

    FY07 FY06 4,565 4,750 (+353) 4,397 4,500 (+387) 4,334 (-23) 4,113 460 (+18) 488 (-49) 470 483 456 (-66) 730 452 783 710 779 786 776 (+425) (+435) 3,560 3,320 3,294 3,135 3,092 2,885 2 12 ©Yokogawa Electric Corporation

  38. Slide 38: FY07 FY06

    FY07 FY06 FY06 FY06 FY07 310 (+31) 360 350 430 80 293 6 2 ▲ 20 ▲ 22 279 ▲ 73 ▲ 73 ▲ 100 ▲ 27 6 2 293 279 310 31 (+80) 430 360 350 73 73 20 (-22) 100 (-27) 2 12 ©Yokogawa Electric Corporation

  39. Slide 39: ©Yokogawa Electric Corporation

    9.6% 7.8% 8.4% 430 7.7% 8.0% 7.3% 7.5% 430 6.2% 362 362 130 309 290 98 265 270 252 202 140 73 165 139 52 52 72 192 57 160 125 56 78 ©Yokogawa Electric Corporation

  40. Slide 40: Capex, depreciation and R&D trends

    40,000 30,000 20,000 10,000 0 FY07 FY07 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 1H FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 1H FY07 19,492 19,259 19,181 19,236 25,233 26,991 28,998 30,917 36,223 20,195 43,000 7.0% 6.1% 5.4% 6.2% 7.7% 7.3% 7.5% 8.0% 8.4% 9.9% 9.6% 11,031 13,197 13,190 1

  41. Slide 41: Trend of Stock Price

    Trend of Stock Price 06/9=100 02/9 02/12 03/3 03/6 03/9 03/12 04/3 04/6 04/9 04/12 05/3 05/6 05/9 05/12 06/3 06/6 06/9 06/12 07/3 07/6 07/9 07/10/29 Yokogawa 765 737 788 927 1,070 1,548 1,544 1,455 1,276 1,372 1,452 1,371 1,772 2,010 2,095 1,631 1,552 1,887 1,806 1,654 1,398 1,451 TOPIX 921 843 788

  42. Slide 42: ©Yokogawa Electric Corporation

    ©Yokogawa Electric Corporation

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