Yokogawa IR Day 2021
~ AG2023 Life Business ~
Vice President
Life Business Headquarters
Hiroshi Nakao
December 3, 2021
S e c u r i t i e s C o d e : 6 8 4 1 Yokogawa Electric Corporation
| December 3, 2021 | © Yokogawa Electric Corporation
Self-introduction
Vice President
Head of Life Business Headquarters
Hiroshi Nakao
Apr. 1989 | Joined the Company | ||
Apr. 2004 | Solution Business Headquarters, Solution Sales Division 2, Head of Sales Department(Area : China・ | ||
Korea・Taiwan) | |||
Feb. 2004 | Yokogawa (Shanghai) Instrumentation Co., Ltd. Head of Sales Department | ||
Jan. 2006 | Yokogawa (China) Co., Ltd. Head of Sales Department 1 | ||
Jan. 2007 | Solution Business Division, Sales Division 3, Head of Account Sales Department 2 | ||
Apr. 2016 | Yokogawa Solution Service corporation | ||
KANSAI Area Headquarters, Head of KANSAI Sales Department 1 | |||
Apr. 2019 | Vice President | ||
Head of Life Innovation Business Headquarters | |||
Apr. 2021 | Vice President | ||
Head of Life Business Headquarters (present) | |||
| December 3, 2021 | | 2 |
© Yokogawa Electric Corporation |
AG2023 Life Business
- TF2020 Review
- Life Business Overview / Vision for 2030
- AG2023 Life Business Basic Strategy
3-1 | Market Environment |
3-2 | Scale of Business |
3-3 | Segment Strategy |
① Life Science |
② Bio Process
③ Pharmaceutical
④ Food & Beverage
⑤ Water
| December 3, 2021 | | 3 |
© Yokogawa Electric Corporation |
1.TF2020 Review
| December 3, 2021 | | 4 |
© Yokogawa Electric Corporation | |
TF2020 Review Basic strategies - Achievements & Issues
In a dramatically changing business environment, we took on the challenge of transforming Yokogawa, but these efforts now need to be accelerated.
Basic strategy
Achieve
ments
Issues
Transformation of | Creation of new businesses and | ||||||||||
existing businesses | transformation of business model | ||||||||||
⚫ Received DX integration project order in collaboration | ⚫ Acquired NKS corporation(expansion of validation | ||||||||||
with KBC (Middle East) | business) | ||||||||||
⚫ Grew our remote business (CI Server, etc.) | ⚫ Acquired Fluid Imaging Technologies, a provider of | ||||||||||
⚫ Signed strategic alliance agreement with SABIC | flow imaging particle analysis solutions | ||||||||||
⚫ Received geothermal power plant project order and | ⚫ Started water level meter and edge gateway | ||||||||||
business (recurring business model) | |||||||||||
participated in demonstration of virtual power plant that | |||||||||||
utilizes industrial batteries | etc. | etc. | |||||||||
OPEX annual growth rate outside Japan | |||||||||||
Target 7~10 % | Result | (3.0)% | |||||||||
Life Innovation business sales | |||||||||||
Growth in target industries* (per year) | Target 2~3 times* | Result 1.8 times | |||||||||
Target 3~5 % | Result | 10% | |||||||||
*Compared to FY2017 result of approx. 12 billion yen | |||||||||||
*Chemical and renewable energy industries (control orders) | |||||||||||
- Provision of DX solutions to meet customer needs for increased productivity and remote, safe, and secure operations
⚫ Breaking away from dependence on fossil-fuel energy | ⚫ Provision of solutions to increase productivity |
industry | |
throughout pharmaceutical and food industry value | |
⚫ Expansion of energy supply chain business including | chains |
renewable energy and storage batteries | ⚫ Expansion of use of recurring business model |
⚫ Focus on high-growth functional chemicals sector | foundation |
Improvement of productivity
through Group-wide optimization
- Expanded use of global delivery centers
- Optimized procurement and logistics costs
- Accelerated business process outsourcing
- Increased utilization of YOKOGAWA University
etc.
Cost reduction activities through the above efforts
Approx. 6.5 billion yen
- Transformation of SG&A structure
- Reduction of fixed costs
- Achievement of further improvements in the efficiency of business processes
- Transformation of human resources
| December 3, 2021 | | 5 |
© Yokogawa Electric Corporation |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Yokogawa Electric Corporation published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 04:10:09 UTC.