News Release

Yaskawa to Acquire Additional Shares of Doolim-Yaskawa Co., Ltd. a Korean Robotic Painting and Sealing System Integrator

NewsJan 19, 2022

Yaskawa Electric Corporation (“Yaskawa Electric” Representative Director, President: Hiroshi Ogasawara) announces that on January 19, 2022, it acquired additional shares of Doolim-Yaskawa Co., Ltd. (“Doolim-Yaskawa” CEO: Park Sang-Beak), a Korean robotic painting and sealing system integrator through Yaskawa Electric Korea Corporation (“Yaskawa Korea” representative director: Albert Shiina), a consolidated subsidiary of Yaskawa Electric.

1. Reason for additional acquisition

In 2016, Yaskawa Korea acquired a share of Doolim Robotics, one of Korea’s leading manufacturers of painting and sealing robot systems. As a result of this acquisition, Yaskawa Electric and Yaskawa Korea have been working to establish a business in the robotic painting and sealing system market by leveraging synergies with Doolim-Yaskawa. We have achieved a certain level of results so far, and in anticipation of further achievements, we have acquired additional shares.

2. Corporate Profile of Yaskawa Korea

(1) Corporation name

Yaskawa Electric Korea Corporation

(2) Head Office

18th floor KTB Bldg, 66, Yeoui-daero,

Yeongdeungpo-gu, Seoul, Republic of Korea

(3) Management

Chairman of the board: Akinori Urakawa

Representative director: Albert Shiina

(4) Business Contents

Sales of electrical machine, device and others

(5) Capital

47.6 billion won (as of February 2021)

(6) Net Sales

218 billion won (as of February 2021)

(7) Founded

October 1994

3. Corporate profile of Doolim-Yaskawa

(1) Corporate name

Doolim-Yaskawa Co., Ltd.

(2) Head office

8th floor, 112, LS-ro, Dongan-gu, Anyang-si,

Gyeonggi-do, Repblic of Korea

(3) Management

CEO: Park Sang-Beak

(4) Business contents

Designing, manufacturing and sales of robotic painting/sealing systems

(5) Capital

632 million won (as of December 2020)

(6) Net sales

87.2 billion won (as of December 2020)

(7) Founded

February 1993

For inquires, contact:

Corporate Communications Div.

YASKAWA Electric Corporation



YASKAWA uses Google Analytics to collect information about its users. If you don't want this, you can disable it by clicking here.