Azbil

In this Research Note, we examine Azbil, a Japanese public company with a leading position in the domestic building automation market. Our analysis is based on their FY2022 annual results, year ending 31st March 2023 and investor presentations. The Building Automation (BA) business, the largest of three business units, accounts for 46% of consolidated net […]

In this Research Note, we examine Azbil, a public company with a leading position in the Japanese building automation market.  Our analysis is based on their annual results, year ending 31st March 2022 and investor presentations. The Building Automation (BA) business, the largest of three business units, accounts for 46.4% of consolidated net sales for the Azbil Group, which increased […]

In this research note, we examine the Building Automation (BA) business of Azbil, based on their FY2021 Annual Report, investor presentations, and building technology-related activities throughout 2021. Building Automation, the largest of three business units, accounts for 47.3% of 2021 net sales. The other two businesses are Advanced Automation which supplies process and factory automation products […]