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Yokogawa's consolidated net sales in fiscal year 2007 accounted for over 437.4 billion yen (4.1 billion US dollars), and net income was 11.7 billion yen;; in fiscal year 2008, net sales fell to 376.5 billion yen, and net loss was 38.4 billion yen; in fiscal year 2009, net sales fell further to 316.6 billion yen, and net loss was 14.8 billion yen.,. Unlike profitable competitors Omron, Yamatake (山武), Horiba (堀場), and Shimadzu, Yokogawa asset-per-share and share price figures have fallen below what they were ten years ago, so the company created takeover defense measures in 2007. Yokogawa was one of the pioneering industry leaders in Distributed Control Systems. Their popular CENTUM system was first introduced in 1975. Some of Yokogawa's most recognizable products are production control systems, test and measurement instruments, pressure transmitters, flow meters, oxygen analyzers, fieldbus instruments, etc. |