Yaskawa Electric Corporation
YASKAWA Electric, since its establishment in 1915, has always supported the leading business of age by transforming itself from "YASKAWA as a motor manufacturer", "YASKAWA as an automation company" to "YASKAWA as a mechatronics company" based on its management philosophy of "contributing to the evolution of society and the welfare of mankind through the performance of its business."
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Yesterday the Asian major bourses posted losses, driven by negative sentiment caused in large part by doubts over the financial rescue package in the US and profit-taking. The US President Barack Obama was sending Congress a budget that projects the government's deficit for this year will soar to US$1.75 trillion, reflecting efforts to pull the nation out of a deep recession and a severe financial crisis.
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