YASKAWA ELECTRIC Financial results for the fiscal year ended February 2009 Operating income halved Global demand declines April 10 20:37
Yasukawa Electric, a major industrial robot, reported a decrease in operating income of 55% in the fiscal year ended February 31, 2009, mainly due to a decline in demand worldwide, mainly for automobile factories.
Yasukawa Electric, which is headquartered in Kitakyushu City, announced on the 10th that sales for the fiscal year ended February 31, 2009 were 14.9%, down 13.4% from the previous fiscal year, to 410.9 billion yen. Profit decreased 55.1% to ¥ 22.3 billion.
This is largely due to the worldwide decline in demand for mainstay industrial robots, mainly for automobile factories, as the effects of the spread of the new coronavirus are overshadowing the prolonged US-China trade friction. .
On the other hand, regarding the business forecast for the current fiscal year, the company has postponed the announcement of the one-year forecast, stating that it is difficult to see the continued spread of infection worldwide.
At a conference, President Hiroshi Ogasawara said, “People cannot move due to the effects of the new coronavirus, but production at their factories around the world has not stopped at this time. Semiconductor-related products such as 5G have been showing strong movements, It is unclear how the market will change in the future, and we do not know the future. "