Yokogawa Electric Corp. · TSE:6841

Yokogawa Electric — H1 FY2006 Earnings Presentation

24 slides from Yokogawa Electric's earnings presentation, March 2007

  1. Slide 1: 19

    19 19 3 3 0

  2. Slide 2: FY06 results versus forecast

    FY06 06/05/9 06/07/27 06/10/31 2,000 2,050 2,223 173 1,900 1,850 1,864 14 100 80 91 11 5.3% 4.3% 4.9% 0.6% 110 90 114 24 5.8% 4.9% 6.1% 1.2% 50 50 40 10 2.6% 2.7% 2.1% 0.6% 1 ©Yokogawa Elec tric Corporation

  3. Slide 3: FY04-FY06 first-half results

    FY06 FY04 FY05 FY06 1,959 1,838 2,223 385 20.9% 1,871 1,778 1,864 86 4.8% 106 77 91 14 17.2% 100 84 114 30 37.1% 28 18 40 22 120.2% 2 ©Yokogawa Elec tric Corporation

  4. Slide 4: Income statement FY06 1H

    FY06 06/07/27 06/10/31 1,850 100.0% 1,864 100.0% 14 1,055 57.0% 1,063 57.0% 8 0.0% 175 9.5% 165 8.9% 10 0.6% 540 29.2% 545 29.2% 5 0.0% 80 4.3% 91 4.9% 11 0.6% 3 ©Yokogawa Elec tric Corporation

  5. Slide 5: Income statement FY04-FY06 1H

    FY06 FY04 FY05 FY06 1,871 100.0% 1,778 100.0% 1,864 100.0% 86 1,078 57.6% 1,016 57.1% 1,063 57.0% 47 0.1% 143 7.6% 152 8.5% 165 8.9% 13 0.4% 544 29.1% 532 29.9% 545 29.2% 13 0.7% 106 5.6% 77 4.3 91 4.9% 14 0.6% 4 ©Yokogawa Elec tric Corporation

  6. Slide 6: FY05 FY06

    FY06 6 13 34 13 86 34 91 77 FY05 FY06 5 ©Yokogawa Elec tric Corporation

  7. Slide 7: Quarterly results by segment

    FY06 FY04/05 FY04 FY05 FY06 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total 1Q 2Q 993 966 858 938 3,755 920 918 988 1,179 4.005 1,107 1,116 764 1,107 736 1,264 3,871 709 1,069 757 1,354 3,889 696 1,168 16 90 6 136 248 15 92 12 164 253 14 105 6 ©Yokogawa Elec tric Corporation

  8. Slide 8: FY05 FY06 FY06

    FY06 FY05 FY06 FY06 7/27 77 80 91 24 52 10 18 28 84 90 114 1 4 15 38 28 47 75 90 29 25 50 18 50 40 7 ©Yokogawa Elec tric Corporation

  9. Slide 9: ©Yokogawa Elec tric Corporation

    49.1% 47.2% 47.9% 45.0% 45.3% 56.9% 2,111 1,282 2,000 1,871 1,864 1,778 899 1,012 729 883 806 916 47.1% 363 7.3% 988 1,101 1,099 219 972 948 553 171 16 192 203 8 ©Yokogawa Elec tric Corporation

  10. Slide 10: Sales bridge versus forecast

    FY06 2,223 (+173) 2,000 2,050 (-6) 1,900 1,850 1,864 (+14) 214 220 220 (+44) (-1) 374 220 220 219 330 400 (+33) 400 330 363 (+135) 1,635 (-18) 1,500 1,380 1,280 1,300 1,282 9 ©Yokogawa Elec tric Corporation

  11. Slide 11: Operating income bridge

    FY06 5/9 7/27 110 120 129 9 (+11) 100 91 15 ▲ 10 ▲3 7 80 15 ▲ 25 ▲ 30 ▲ 35 ▲5 100 80 91 11 120 129 (+9) 110 10 3 (+7) 25 30 35 (-5) 10 ©Yokogawa Elec tric Corporation

  12. Slide 12: Sales bridge year over year

    FY06 2,223 (+385) (-35) 1,838 1,864 (+86) 214 1,778 (-7) (-48) 374 249 219 (-15) 267 381 363 378 (+427) 1,635 (+149) 1,208 1,282 1,133 FY05 FY06 FY05 FY06 1H 1H 1H 1H 11 ©Yokogawa Elec tric Corporation

  13. Slide 13: Operating income bridge year over year

    FY06 FY05 FY06 91 (+14) 87 129 42 77 3 ▲3 ▲6 3 ▲ 13 ▲ 35 ▲ 22 77 91 14 129 (+42) 87 13 3 (-6) 35 (-22) 12 ©Yokogawa Elec tric Corporation

  14. Slide 14: Balance sheet and financial ratios

    4,178 4,073 4,178 4,073 4,003 4,003 3,861 3,861 422 321 407 613 519 282 3 3 1 3 1,003 877 1,290 1,204 1,169 1,101 1,270 1,245 450 513 1,267 1,197 511 533 120 97 434 434 134 108 323 323 503 504 919 930 1,023 1,086 355 355 509 581 1,308 1,326 625 618 1,010 1,063 352 323 245 231 45 46 50 46 FY05 FY06 F

  15. Slide 15: FY03-06 1H trend

    FY03-06 189.0 112.9 81.1 5.1 8.6 5.8 19.5 54.7 74.2 76.0 104.3 183.2 FY03 1H FY04 1H FY05 1H FY06 1H 14 ©Yokogawa Elec tric Corporation

  16. Slide 16: FY06 full-year forecast

    FY06 FY06 FY05 06/7/27 06/10/31 06/5/9 - 4,005 4,200 4,300 4,500 200 495 3,889 4,100 4,100 4,100 0 211 253 310 310 310 0 57 6.5% 7.6% 7.6% 7.6% 0.0% 1.1% 264 280 280 300 20 36 6.8% 6.8% 6.8% 7.3% 0.5% 0.5% 216 150 150 150 0 66 5.6% 3.7% 3.7% 3.7% 0.0% 1.9% 15 ©Yokogawa Elec tric Corporation

  17. Slide 17: Forecast by segment

    FY06 FY05 FY06 77 253 91 310 24 65 52 10 18 54 28 84 264 114 300 1 144 4 40 38 79 28 47 329 90 260 29 113 50 110 18 216 40 150 16 ©Yokogawa Elec tric Corporation

  18. Slide 18: FY06 sales forecast bridge

    FY06 4,500 (+200) 4,200 4,300 4,100 4,100 4,100 ( 0) (-40) 490 (-50) 530 530 (+60) 530 530 480 810 (+50) 750 870 870 750 800 3,020 3,200 (+180) 2,800 2,700 2,820 2,820 ( 0) 17 ©Yokogawa Elec tric Corporation

  19. Slide 19: FY06 2H forecast

    FY06 FY06 2H 2,277 2,236 310 310 310 ( 0) 276 261 25 (+4) 21 56 219 436 437 28 340 350 (+10) 300 1,565 1,538 221 46 51 65 (-14) 30 18 ©Yokogawa Elec tric Corporation

  20. Slide 20: FY06 sales forecast versus FY05

    FY06 FY05 4,500 (+495) 4,005 4,100 (+211) (-77) 3,889 490 (-60) (-19) 567 480 810 540 (-19) 800 829 819 (+591) (+290) 3,200 2,609 2,820 2,530 19 ©Yokogawa Elec tric Corporation

  21. Slide 21: FY06 operating income forecast

    FY06 FY05 FY05 FY06 310 (+57) 252 350 98 (-11) 36 25 ▲ 11 253 25 ▲ 35 ▲ 65 ▲ 30 36 253 310 57 (+98) 350 252 35 65 (-30) 20 ©Yokogawa Elec tric Corporation

  22. Slide 22: ©Yokogawa Elec tric Corporation

    9.0% 380 7.8% 7.7% 8.0% 370 7.3% 7.5% 370 6.2% 309 309 104 5.4% 290 265 270 252 74 165 145 192 73 135 127 52 192 57 131 108 56 21 ©Yokogawa Elec tric Corporation

  23. Slide 23: FY97-FY06 long-term trend

    40,000 30,000 20,000 10,000 0 FY06 FY06 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 1H FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 1H FY06 19,408 19,492 19,259 19,181 19,236 25,233 26,991 28,998 30,917 16,469 37,000 6.4% 7.0% 6.1% 5.4% 6.2% 7.7% 7.3% 7.5% 8.0% 8.8% 9.0% 10,374 11,031 13,197 1

  24. Slide 24: ©Yokogawa Elec tric Corporation

    23 ©Yokogawa Elec tric Corporation

Yokogawa Electric — H1 FY2006 Earnings Presentation on 6ix