Yaskawa Electric Corporation announced its consolidated accounts for the 2021 February term, which resulted in a considerable increase in revenue despite the new coronavirus-induced economic decline. While the company’s revenues saw a decrease of 5.2% compared to the previous term, its efforts in promoting teleworking and reduced business trip expenses helped them secure ¥18.9 billion (+21.5%) in revenue by the end of the term. Reflecting on the worldwide recovery in machinery production, Yaskawa expects a 10.3% larger income for the next term. Source: Nikkei / Mainichi
Disclaimer: Fukuoka Now posts summaries of Kyushu area news for those who cannot read Japanese. These are mostly summaries of publicly posted news from the Japanese media. Errors might occur during translation, those are ours. Images are sourced separately and are for illustrative purposes only. Use this form to send feedback. Please share links to this page, it helps us.
