text: Yokogawa's consolidated net sales accounted for over 437.4 billion yen (4.1 billion US dollars), and net income was 11.7 billion yen, in fiscal year 2007; net sales fell to 376.5 billion yen, and net loss was 38.4 billion yen, in fiscal year 2008. Unlike profitable competitors Yamatake, Horiba, 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.