Yokogawa Electric Corporation is transferring its industrial meter business to the Yokogawa M&C subsidiary, a manufacturer of portable test instruments. The merger of these two businesses will be finalized on October 1 and the new organization will be known as Yokogawa Meters & Instruments Corporation.

Purpose of This Merger
Since its foundation 90 years ago, Yokogawa has sold analog meters such as switchboard-mounted voltmeters and ammeters, as well as portable test instruments such as digital multimeters. Our meter and instrument businesses have built a fine reputation among our customers, both in Japan and in other countries.

Yokogawa's meters with analog indicators appeal to users' intuition and visual sense, and remain extremely popular. Portable test instruments are essential tools for engineers that can efficiently measure a wide variety of physical quantities even under difficult conditions. Our meter and instrument businesses both play key support roles in our society.

Yokogawa's merger of these two businesses is being done to ensure a stable supply of products to our customers and enhance operating efficiency. The newly merged subsidiary is being renamed Yokogawa Meters & Instruments Corporation as an expression of our commitment to the meter and instrument businesses.

Yuzuru Fuse, head of the Sales Innovation & Promotion Department in the Industrial Solutions Business Headquarters, will serve as President and CEO of the new company.

-Brief overview of Yokogawa Meters & Instruments Corporation
Sales: 3 billion yen/year
Employees: 60
President & CEO: Yuzuru Fuse