{"slug":"veralto","name":"베랄토","name_en":"Veralto Corporation","ticker":"VLTO","updated_at":"2026-09-24T10:46:21.110972+00:00","canonical":"https://valuechain.wiki/veralto","citable":"밸류체인 그래프 기준 베랄토의 직접 연결 기업은 2곳(관계 기준 공급 2·매출 0)이고, 사슬을 2차까지 넓히면 33곳에 닿는다. 링크의 근거 출처는 8건이며 그중 1차공시가 1건이다 (valuechain.wiki, 2026-09-24 기준).","citable_en":"Per the valuechain.wiki graph, Veralto Corporation is directly linked to 2 companies (2 supply, 0 revenue relationships) and reaches 33 companies within two hops; the links are backed by 8 dated sources, 1 of them primary filings (as of 2026-09-24).","kicker":"수질·제품품질 기술","kicker_en":"Water and product quality technology","lead":"베랄토는 수질 분석·처리 장비와 소모품, 제품 마킹·코딩 및 포장·색상 소프트웨어로 돈을 번다. 생산과 판매를 위해 원재료·전자부품을 조달하고, Azure와 Salesforce 같은 기업용 IT 인프라에도 비용을 쓴다. 인수는 수질 계측과 디지털 워크플로 제품군을 넓히는 핵심 자본배분 수단이다.","lead_en":"Veralto earns revenue from water analysis and treatment equipment and consumables, along with product marking, coding, packaging, and color software. It procures raw materials and electronic components and pays for enterprise infrastructure such as Azure and Salesforce to run production and commercial operations. Acquisitions are a central capital-allocation tool for expanding its water measurement and digital workflow portfolio.","categories":[{"key":"industrial-sensing-test","ko":"산업 센싱·계측","en":"Industrial Sensing & Test","theme":"industrial-automation","theme_ko":"산업자동화·로봇","theme_en":"Industrial Automation & Robotics","theme_kind":"chain","primary":true}],"segments":{"parts":[{"name":"수질","note":"FY2025 매출 33.21억 달러. Hach, Trojan Technologies, ChemTreat 등을 통해 수질 분석·처리 장비, 소모품, 소프트웨어와 서비스를 공급한다."},{"name":"제품 품질·혁신","note":"FY2025 매출 21.82억 달러. Videojet, Esko, X-Rite, Pantone 등을 통해 마킹·코딩, 포장 설계, 색상 관리 제품과 소프트웨어를 공급한다."}],"total":"FY2025 매출 55.03억 달러","track":"C"},"segments_en":{"parts":[{"name":"Water Quality","note":"FY2025 revenue of $3.321 billion. Hach, Trojan Technologies, ChemTreat, and related brands provide water analysis and treatment equipment, consumables, software, and services."},{"name":"Product Quality & Innovation","note":"FY2025 revenue of $2.182 billion. Videojet, Esko, X-Rite, Pantone, and related brands provide marking, coding, packaging design, and color-management products and software."}],"total":"FY2025 revenue of $5.503 billion"},"returns_yearly":{"2024":24.3,"2025":-1.6,"2026":-3.2},"return_asof":"2026-09-04","value_chain":{"leading":[],"benefiting":[{"slug":"microsoft","name":"마이크로소프트","name_en":"Microsoft","tier":1,"returns_yearly":{"2021":52.5,"2022":-28,"2023":58.2,"2024":12.9,"2025":15.6,"2026":4}},{"slug":"seagate","name":"Seagate","name_en":"Seagate Technology","tier":2,"returns_yearly":{"2021":87.5,"2022":-51.4,"2023":69.1,"2024":4.1,"2025":225.3,"2026":209.1}},{"slug":"amd","name":"AMD","name_en":"AMD","tier":2,"returns_yearly":{"2021":56.9,"2022":-55,"2023":127.6,"2024":-18.1,"2025":77.3,"2026":183.9}},{"slug":"marvell","name":"Marvell","name_en":"Marvell","tier":2,"returns_yearly":{"2021":84.6,"2022":-57.5,"2023":63.7,"2024":83.8,"2025":-22.8,"2026":163.4}},{"slug":"intel","name":"Intel","name_en":"Intel","tier":2,"returns_yearly":{"2021":6.1,"2022":-46.6,"2023":94.6,"2024":-59.6,"2025":84,"2026":159.6}},{"slug":"western-digital","name":"Western Digital","name_en":"Western Digital","tier":2,"returns_yearly":{"2021":17.7,"2022":-51.6,"2023":66,"2024":13.9,"2025":283.7,"2026":130.9}},{"slug":"astera-labs","name":"Astera Labs","name_en":"Astera Labs","tier":2,"returns_yearly":{"2025":25.6,"2026":105.7}},{"slug":"wiwynn","name":"Wiwynn","name_en":"Wiwynn","tier":2,"returns_yearly":{"2021":24.7,"2022":-22.3,"2023":206.4,"2024":3.5,"2025":64.4,"2026":92.3}},{"slug":"vertiv","name":"Vertiv","name_en":"Vertiv","tier":2,"returns_yearly":{"2021":33.8,"2022":-45.3,"2023":251.8,"2024":136.8,"2025":42.8,"2026":73.2}},{"slug":"ge-vernova","name":"GE Vernova","name_en":"GE Vernova","tier":2,"returns_yearly":{"2025":99,"2026":54}},{"slug":"occidental-petroleum","name":"옥시덴탈 페트롤리엄","name_en":"Occidental Petroleum","tier":2,"returns_yearly":{"2021":67.7,"2022":119.1,"2023":-4.1,"2024":-15.9,"2025":-14.9,"2026":48.2}},{"slug":"arista","name":"Arista Networks","name_en":"Arista Networks","tier":2,"returns_yearly":{"2021":97.9,"2022":-15.6,"2023":94.1,"2024":87.7,"2025":18.5,"2026":47.9}},{"slug":"super-micro","name":"Super Micro","name_en":"Super Micro","tier":2,"returns_yearly":{"2021":38.8,"2022":86.8,"2023":246.2,"2024":7.2,"2025":-4,"2026":43}},{"slug":"caterpillar","name":"Caterpillar","name_en":"Caterpillar","tier":2,"returns_yearly":{"2021":16,"2022":18.6,"2023":25.9,"2024":24.7,"2025":60.3,"2026":40.6}},{"slug":"ciena","name":"Ciena","name_en":"Ciena","tier":2,"returns_yearly":{"2021":45.6,"2022":-33.8,"2023":-11.7,"2024":88.4,"2025":175.8,"2026":37.3}},{"slug":"equinix","name":"Equinix","name_en":"Equinix","tier":2,"returns_yearly":{"2021":20.3,"2022":-21.1,"2023":25.4,"2024":19.5,"2025":-16.9,"2026":37.3}},{"slug":"eaton","name":"Eaton","name_en":"Eaton","tier":2,"returns_yearly":{"2021":46.7,"2022":-7.2,"2023":56.2,"2024":39.5,"2025":-2.8,"2026":36}},{"slug":"nvidia","name":"NVIDIA","name_en":"NVIDIA","tier":2,"returns_yearly":{"2021":125.5,"2022":-50.3,"2023":239,"2024":171.2,"2025":38.9,"2026":23.2}},{"slug":"quanta","name":"Quanta","name_en":"Quanta Computer","tier":2,"returns_yearly":{"2021":22.2,"2022":-12.8,"2023":254.5,"2024":12.7,"2025":8.9,"2026":21.2}},{"slug":"credo","name":"크레도","name_en":"Credo Technology","tier":2,"returns_yearly":{"2023":46.3,"2024":245.2,"2025":114.1,"2026":18.5}},{"slug":"iren","name":"IREN","name_en":"IREN","tier":2,"returns_yearly":{"2022":-92.3,"2023":472,"2024":37.3,"2025":284.6,"2026":18.3}},{"slug":"foxconn","name":"Foxconn","name_en":"Foxconn (Hon Hai)","tier":2,"returns_yearly":{"2021":-5.1,"2022":2.8,"2023":7.8,"2024":80.1,"2025":26.9,"2026":16.3}},{"slug":"schneider-electric","name":"Schneider Electric","name_en":"Schneider Electric","tier":2,"returns_yearly":{"2021":25.9,"2022":1.6,"2023":25.8,"2024":36.1,"2025":0.5,"2026":11.7}},{"slug":"cummins","name":"Cummins","name_en":"Cummins","tier":2,"returns_yearly":{"2021":-1.7,"2022":14.1,"2023":1.7,"2024":48.9,"2025":49.4,"2026":11}},{"slug":"automatic-data-processing","name":"오토매틱 데이터 프로세싱","name_en":"Automatic Data Processing, Inc.","tier":2,"returns_yearly":{"2021":42.6,"2022":-1.3,"2023":-0.2,"2024":28.4,"2025":-10.2,"2026":9.6}},{"slug":"3m","name":"3M","name_en":"3M Company","tier":2,"returns_yearly":{"2021":4.9,"2022":-29.6,"2023":-3.3,"2024":46.1,"2025":26.4,"2026":6.8}},{"slug":"expedia-group","name":"익스피디아 그룹","name_en":"Expedia Group, Inc.","tier":2,"returns_yearly":{"2021":36.5,"2022":-51.5,"2023":73.3,"2024":22.8,"2025":53.3,"2026":5.8}},{"slug":"wec-energy-group","name":"WEC 에너지 그룹","name_en":"WEC Energy Group","tier":2,"returns_yearly":{"2021":8.7,"2022":-0.5,"2023":-7,"2024":16.1,"2025":16,"2026":3.1}},{"slug":"brookfield","name":"Brookfield","name_en":"Brookfield Asset Management Ltd.","tier":2,"returns_yearly":{"2023":45.6,"2024":39.7,"2025":-0.2,"2026":-9.7}},{"slug":"ionq","name":"IonQ","name_en":"IonQ","tier":2,"returns_yearly":{"2022":-79.3,"2023":259.1,"2024":237.1,"2025":7.4,"2026":-11.9}},{"slug":"constellation-energy","name":"Constellation Energy","name_en":"Constellation Energy","tier":2,"returns_yearly":{"2023":37.2,"2024":92.7,"2025":58.8,"2026":-15.3}},{"slug":"take-two-interactive","name":"테이크투 인터랙티브","name_en":"Take-Two Interactive Software, Inc.","tier":2,"returns_yearly":{"2021":-14.5,"2022":-41.4,"2023":54.6,"2024":14.4,"2025":39.1,"2026":-16.6}},{"slug":"at-s","name":"AT&S","name_en":"AT&S","tier":3,"returns_yearly":{"2021":57.5,"2022":-22,"2023":-27.6,"2024":-41.3,"2025":188.9,"2026":464.3}},{"slug":"samsung-electro-mechanics","name":"삼성전기","name_en":"Samsung Electro-Mechanics","tier":3,"returns_yearly":{"2021":-11.8,"2022":-18.5,"2023":-1.4,"2024":-2.5,"2025":110,"2026":402.2}},{"slug":"dell","name":"Dell","name_en":"Dell Technologies","tier":3,"returns_yearly":{"2021":51.2,"2022":-26.6,"2023":95.9,"2024":53,"2025":11.2,"2026":320.2}},{"slug":"nanya-pcb","name":"난야PCB","name_en":"Nan Ya PCB","tier":3,"returns_yearly":{"2021":110.6,"2022":-46.7,"2023":-0.5,"2024":-38.3,"2025":188.2,"2026":280.5}},{"slug":"micron","name":"Micron Technology","name_en":"Micron Technology","tier":3,"returns_yearly":{"2021":24.2,"2022":-45.9,"2023":71.9,"2024":-1,"2025":240.2,"2026":256.4}},{"slug":"unimicron","name":"유니마이크론","name_en":"Unimicron","tier":3,"returns_yearly":{"2021":133.5,"2022":-30.2,"2023":35.2,"2024":-19.7,"2025":175.7,"2026":236.2}},{"slug":"ase","name":"ASE테크놀로지","name_en":"ASE Technology","tier":3,"returns_yearly":{"2021":38.3,"2022":-12.8,"2023":60.9,"2024":10.1,"2025":65.6,"2026":191.3}},{"slug":"bloom-energy","name":"Bloom Energy","name_en":"Bloom Energy","tier":3,"returns_yearly":{"2021":-23.5,"2022":-12.8,"2023":-22.6,"2024":50.1,"2025":291.2,"2026":191}},{"slug":"simmtech","name":"심텍","name_en":"Simmtech","tier":3,"returns_yearly":{"2021":119.6,"2022":-34.6,"2023":12.4,"2024":-63.3,"2025":392.9,"2026":185.6}},{"slug":"nebius","name":"Nebius","name_en":"Nebius Group","tier":3,"returns_yearly":{"2025":202.2,"2026":170.5}},{"slug":"mediatek","name":"미디어텍","name_en":"MediaTek","tier":3,"returns_yearly":{"2021":27.8,"2022":-26.6,"2023":52.9,"2024":58.3,"2025":24.9,"2026":168.1}},{"slug":"kioxia","name":"키옥시아","name_en":"Kioxia","tier":3,"returns_yearly":{"2025":1082.1,"2026":155}},{"slug":"ibiden","name":"Ibiden","name_en":"Ibiden","tier":3,"returns_yearly":{"2021":30.4,"2022":-19.6,"2023":51.6,"2024":-38.6,"2025":261,"2026":149.3}},{"slug":"arm","name":"Arm Holdings","name_en":"Arm Holdings","tier":3,"returns_yearly":{"2024":64.2,"2025":-11.4,"2026":143.6}},{"slug":"lumentum","name":"Lumentum","name_en":"Lumentum","tier":3,"returns_yearly":{"2021":11.6,"2022":-50.7,"2023":0.5,"2024":60.1,"2025":339.1,"2026":139.1}},{"slug":"lg-innotek","name":"LG이노텍","name_en":"LG Innotek","tier":3,"returns_yearly":{"2021":78.2,"2022":-22,"2023":-28.8,"2024":-22.1,"2025":66.8,"2026":134.8}},{"slug":"murata","name":"Murata","name_en":"Murata Manufacturing","tier":3,"returns_yearly":{"2021":-14,"2022":-11.7,"2023":24.7,"2024":-16.5,"2025":29.9,"2026":131.5}},{"slug":"sumco","name":"섬코","name_en":"SUMCO Corporation","tier":3,"returns_yearly":{"2021":-4.3,"2022":-3.9,"2023":21.3,"2024":-48.1,"2025":41.7,"2026":112.8}},{"slug":"psk-inc","name":"피에스케이","name_en":"PSK Inc","tier":3,"returns_yearly":{"2021":22.7,"2022":-19.6,"2023":14.2,"2024":-2.6,"2025":228.2,"2026":105.7}},{"slug":"globalwafers","name":"GlobalWafers","name_en":"GlobalWafers","tier":3,"returns_yearly":{"2021":26.9,"2022":-29.9,"2023":14.3,"2024":-39,"2025":48.9,"2026":98.1}},{"slug":"applied-materials","name":"어플라이드 머티어리얼즈","name_en":"Applied Materials","tier":3,"returns_yearly":{"2021":83.6,"2022":-37.5,"2023":68,"2024":1.1,"2025":59.6,"2026":98}},{"slug":"sk-hynix","name":"SK하이닉스","name_en":"SK hynix","tier":3,"returns_yearly":{"2021":-0.4,"2022":-25.6,"2023":53.9,"2024":48.6,"2025":361.1,"2026":85.3}},{"slug":"teradyne","name":"Teradyne","name_en":"Teradyne","tier":3,"returns_yearly":{"2021":36.8,"2022":-46.3,"2023":24.8,"2024":16.5,"2025":54.4,"2026":84.6}},{"slug":"corning","name":"Corning","name_en":"Corning","tier":3,"returns_yearly":{"2021":5.9,"2022":-11.6,"2023":-1.2,"2024":60.6,"2025":87.8,"2026":77.2}},{"slug":"coherent","name":"Coherent","name_en":"Coherent","tier":3,"returns_yearly":{"2021":-10,"2022":-48.6,"2023":24,"2024":117.6,"2025":94.8,"2026":69.4}},{"slug":"entegris","name":"Entegris","name_en":"Entegris","tier":3,"returns_yearly":{"2021":44.6,"2022":-52.5,"2023":83.5,"2024":-17.1,"2025":-14.6,"2026":65.1}},{"slug":"samsung-electronics","name":"삼성전자","name_en":"Samsung Electronics","tier":3,"returns_yearly":{"2021":-9,"2022":-14.2,"2023":20.9,"2024":-26.4,"2025":212.9,"2026":63.8}},{"slug":"delta-electronics","name":"Delta Electronics","name_en":"Delta Electronics","tier":3,"returns_yearly":{"2021":-3.4,"2022":10.4,"2023":-0.3,"2024":59.2,"2025":183.8,"2026":61.9}},{"slug":"asml","name":"ASML","name_en":"ASML","tier":3,"returns_yearly":{"2021":64.1,"2022":-30.5,"2023":39.9,"2024":-7.7,"2025":55.8,"2026":61.1}},{"slug":"keysight","name":"Keysight","name_en":"Keysight Technologies","tier":3,"returns_yearly":{"2021":56.3,"2022":-17.2,"2023":-7,"2024":1,"2025":26.5,"2026":61}},{"slug":"tokyo-electron","name":"도쿄일렉트론","name_en":"Tokyo Electron (TEL)","tier":3,"returns_yearly":{"2021":40.4,"2022":-14.5,"2023":89.8,"2024":-4.4,"2025":61.6,"2026":57.4}},{"slug":"nucor","name":"뉴코","name_en":"Nucor Corporation","tier":3,"returns_yearly":{"2021":118.4,"2022":17.4,"2023":33.8,"2024":-32,"2025":42,"2026":54.7}},{"slug":"monolithic-power","name":"Monolithic Power","name_en":"Monolithic Power","tier":3,"returns_yearly":{"2021":35.5,"2022":-27.8,"2023":79.8,"2024":-5.6,"2025":54.5,"2026":53.7}},{"slug":"kla","name":"KLA","name_en":"KLA","tier":3,"returns_yearly":{"2021":68,"2022":-11.2,"2023":56,"2024":9.4,"2025":94.5,"2026":53.3}},{"slug":"analog-devices","name":"Analog Devices","name_en":"Analog Devices","tier":3,"returns_yearly":{"2021":21,"2022":-4.9,"2023":23.4,"2024":8.8,"2025":29.8,"2026":51.1}},{"slug":"tsmc","name":"TSMC","name_en":"TSMC","tier":3,"returns_yearly":{"2021":12.1,"2022":-36.7,"2023":42.3,"2024":92.6,"2025":55.9,"2026":50.3}},{"slug":"wistron","name":"위스트론","name_en":"Wistron","tier":3,"returns_yearly":{"2021":7.9,"2022":9.7,"2023":272.7,"2024":-1.6,"2025":22.7,"2026":49.7}},{"slug":"sumitomo-electric","name":"Sumitomo Electric","name_en":"Sumitomo Electric","tier":3,"returns_yearly":{"2021":11.4,"2022":6.3,"2023":30.8,"2024":52.9,"2025":139,"2026":43.2}},{"slug":"hpsp","name":"HPSP","name_en":"HPSP","tier":3,"returns_yearly":{"2023":216.5,"2024":-30.4,"2025":54.7,"2026":38.9}},{"slug":"arteris","name":"Arteris","name_en":"Arteris","tier":3,"returns_yearly":{"2022":-79.6,"2023":37,"2024":73,"2025":52.1,"2026":37.9}},{"slug":"onsemi","name":"onsemi","name_en":"onsemi","tier":3,"returns_yearly":{"2021":107.5,"2022":-8.2,"2023":33.9,"2024":-24.5,"2025":-14.1,"2026":37.4}},{"slug":"pegatron","name":"페가트론","name_en":"Pegatron","tier":3,"returns_yearly":{"2021":-5.9,"2022":0.6,"2023":35.3,"2024":21.2,"2025":-23.8,"2026":34.5}},{"slug":"screen-holdings","name":"SCREEN Holdings","name_en":"SCREEN Holdings","tier":3,"returns_yearly":{"2021":40.7,"2022":-13.2,"2023":220.1,"2024":-24.1,"2025":84.9,"2026":33.7}},{"slug":"united-rentals","name":"유나이티드 렌탈스","name_en":"United Rentals","tier":3,"returns_yearly":{"2021":43.3,"2022":7,"2023":63.6,"2024":24,"2025":15.9,"2026":31.3}},{"slug":"advantest","name":"Advantest","name_en":"Advantest","tier":3,"returns_yearly":{"2021":17,"2022":-2.3,"2023":155.7,"2024":49.5,"2025":196,"2026":29.9}},{"slug":"amphenol","name":"Amphenol","name_en":"Amphenol","tier":3,"returns_yearly":{"2021":34.9,"2022":-12,"2023":31.5,"2024":41.3,"2025":96.1,"2026":29.8}},{"slug":"globalfoundries","name":"글로벌파운드리","name_en":"GlobalFoundries","tier":3,"returns_yearly":{"2022":-17.1,"2023":12.5,"2024":-29.2,"2025":-18.6,"2026":29.7}},{"slug":"eoptolink","name":"Eoptolink","name_en":"Eoptolink","tier":3,"returns_yearly":{"2021":-10.1,"2022":-27.7,"2023":136.6,"2024":197,"2025":368.8,"2026":29.1}},{"slug":"tokyo-ohka","name":"Tokyo Ohka Kogyo","name_en":"Tokyo Ohka Kogyo (TOK)","tier":3,"returns_yearly":{"2021":-2.7,"2022":-3,"2023":63.8,"2024":4.3,"2025":111.5,"2026":28.7}},{"slug":"innolight","name":"InnoLight","name_en":"InnoLight","tier":3,"returns_yearly":{"2021":-30.7,"2022":-18.3,"2023":253.7,"2024":12,"2025":468.1,"2026":25.6}},{"slug":"asm-international","name":"ASM International","name_en":"ASM International","tier":3,"returns_yearly":{"2021":44.2,"2022":2.9,"2023":68.7,"2024":10.3,"2025":25.9,"2026":25}},{"slug":"digital-realty","name":"Digital Realty","name_en":"Digital Realty","tier":3,"returns_yearly":{"2021":30.7,"2022":-41,"2023":39.9,"2024":35.9,"2025":-10.1,"2026":23.4}},{"slug":"abb","name":"ABB","name_en":"ABB","tier":3,"returns_yearly":{"2021":23.9,"2022":7.3,"2023":18.9,"2024":39,"2025":36.1,"2026":18.4}},{"slug":"apple","name":"Apple","name_en":"Apple","tier":3,"returns_yearly":{"2021":34.6,"2022":-26.4,"2023":49,"2024":30.7,"2025":9.1,"2026":18}},{"slug":"linde","name":"Linde","name_en":"Linde","tier":3,"returns_yearly":{"2021":33.4,"2022":-4.4,"2023":27.7,"2024":3.2,"2025":3.2,"2026":14.6}},{"slug":"coreweave","name":"CoreWeave","name_en":"CoreWeave","tier":3,"returns_yearly":{"2026":14.6}},{"slug":"shin-etsu","name":"신에쓰화학","name_en":"Shin-Etsu Chemical","tier":3,"returns_yearly":{"2021":6.3,"2022":3.1,"2023":57.8,"2024":-15.6,"2025":7.6,"2026":13.8}},{"slug":"cadence","name":"Cadence Design Systems","name_en":"Cadence Design Systems","tier":3,"returns_yearly":{"2021":36.6,"2022":-13.8,"2023":69.6,"2024":10.3,"2025":4,"2026":12.9}},{"slug":"merck-kgaa","name":"Merck KGaA","name_en":"Merck KGaA (EMD)","tier":3,"returns_yearly":{"2021":42.2,"2022":-0.4,"2023":-19.1,"2024":-2.5,"2025":-12.7,"2026":12}},{"slug":"amazon","name":"아마존","name_en":"Amazon","tier":3,"returns_yearly":{"2021":2.4,"2022":-49.6,"2023":80.9,"2024":44.4,"2025":5.2,"2026":12}},{"slug":"chubb-limited","name":"처브","name_en":"Chubb Limited","tier":3,"returns_yearly":{"2021":27.8,"2022":16,"2023":4.2,"2024":23.9,"2025":13.7,"2026":10.3}},{"slug":"besi","name":"BESI","name_en":"BESI","tier":3,"returns_yearly":{"2021":33.7,"2022":-6.1,"2023":121.8,"2024":-9.3,"2025":35,"2026":9.8}},{"slug":"synopsys","name":"Synopsys","name_en":"Synopsys","tier":3,"returns_yearly":{"2021":42.1,"2022":-13.4,"2023":61.3,"2024":-5.7,"2025":-3.2,"2026":8.6}},{"slug":"kyec","name":"KYEC","name_en":"King Yuan Electronics (KYEC)","tier":3,"returns_yearly":{"2021":26.7,"2022":-7.7,"2023":132.4,"2024":38.6,"2025":171,"2026":8.4}},{"slug":"alphabet","name":"알파벳 (구글)","name_en":"Alphabet (Google)","tier":3,"returns_yearly":{"2021":65.3,"2022":-39.1,"2023":58.3,"2024":36,"2025":66,"2026":8.3}},{"slug":"recursion","name":"Recursion Pharmaceuticals","name_en":"Recursion Pharmaceuticals","tier":3,"returns_yearly":{"2022":-55,"2023":27.9,"2024":-31.4,"2025":-39.5,"2026":6.6}},{"slug":"nextera-energy","name":"NextEra Energy","name_en":"NextEra Energy","tier":3,"returns_yearly":{"2021":23.4,"2022":-8.5,"2023":-25.3,"2024":21.5,"2025":15.5,"2026":6.2}},{"slug":"legrand","name":"르그랑","name_en":"Legrand","tier":3,"returns_yearly":{"2021":20.3,"2022":-7.1,"2023":12.8,"2024":11.9,"2025":39.3,"2026":6.1}},{"slug":"duke-energy","name":"듀크 에너지","name_en":"Duke Energy Corporation","tier":3,"returns_yearly":{"2021":19.1,"2022":2,"2023":-1.6,"2024":15.6,"2025":12.7,"2026":5.3}},{"slug":"broadcom","name":"Broadcom","name_en":"Broadcom","tier":3,"returns_yearly":{"2021":56.5,"2022":-13.3,"2023":104.2,"2024":110.5,"2025":50.6,"2026":5}},{"slug":"firstenergy","name":"퍼스트에너지","name_en":"FirstEnergy","tier":3,"returns_yearly":{"2021":41.8,"2022":4.8,"2023":-8.9,"2024":13.2,"2025":17.3,"2026":3.5}},{"slug":"blackrock","name":"BlackRock","name_en":"BlackRock","tier":3,"returns_yearly":{"2021":29.4,"2022":-20.4,"2023":17.9,"2024":29.3,"2025":6.6,"2026":2.8}},{"slug":"nikon","name":"니콘","name_en":"Nikon","tier":3,"returns_yearly":{"2021":46.2,"2022":10.9,"2023":23.1,"2024":13.7,"2025":19.7,"2026":-2.4}},{"slug":"hoya","name":"호야","name_en":"Hoya Corporation","tier":3,"returns_yearly":{"2021":10.8,"2022":-3,"2023":34.4,"2024":11.3,"2025":24.9,"2026":-2.5}},{"slug":"te-connectivity","name":"TE Connectivity","name_en":"TE Connectivity","tier":3,"returns_yearly":{"2021":35.1,"2022":-27.7,"2023":24.6,"2024":3.5,"2025":61.1,"2026":-3}},{"slug":"cameco","name":"Cameco","name_en":"Cameco","tier":3,"returns_yearly":{"2021":63.2,"2022":4.3,"2023":90.5,"2024":19.5,"2025":78.4,"2026":-3.7}},{"slug":"fanuc","name":"FANUC","name_en":"FANUC","tier":3,"returns_yearly":{"2021":-16.5,"2022":4.4,"2023":-8.1,"2024":15.6,"2025":37.7,"2026":-4.5}},{"slug":"luxshare","name":"Luxshare","name_en":"Luxshare Precision","tier":3,"returns_yearly":{"2021":-11.9,"2022":-30.2,"2023":-21.2,"2024":58.8,"2025":29.3,"2026":-7.4}},{"slug":"lasertec","name":"Lasertec","name_en":"Lasertec","tier":3,"returns_yearly":{"2021":78.9,"2022":2.4,"2023":57,"2024":-60.6,"2025":138.9,"2026":-8.5}},{"slug":"workday","name":"워크데이","name_en":"Workday, Inc.","tier":3,"returns_yearly":{"2021":14,"2022":-38.7,"2023":65,"2024":-6.5,"2025":-16.8,"2026":-8.8}},{"slug":"photronics","name":"Photronics","name_en":"Photronics","tier":3,"returns_yearly":{"2021":68.9,"2022":-10.7,"2023":86.4,"2024":-24.9,"2025":35.8,"2026":-9}},{"slug":"fabrinet","name":"Fabrinet","name_en":"Fabrinet","tier":3,"returns_yearly":{"2021":52.7,"2022":8.2,"2023":48.4,"2024":15.5,"2025":107.1,"2026":-10.5}},{"slug":"phison","name":"Phison","name_en":"Phison Electronics","tier":3,"returns_yearly":{"2021":26.8,"2022":-10.7,"2023":45.1,"2024":-6.7,"2025":418.3,"2026":-12.8}},{"slug":"salesforce","name":"세일즈포스","name_en":"Salesforce, Inc.","tier":3,"returns_yearly":{"2021":14.2,"2022":-47.8,"2023":98.5,"2024":27.8,"2025":-20.2,"2026":-12.9}},{"slug":"mobileye","name":"Mobileye","name_en":"Mobileye","tier":3,"returns_yearly":{"2023":23.6,"2024":-54,"2025":-47.6,"2026":-18}},{"slug":"carnival","name":"카니발","name_en":"Carnival Corporation","tier":3,"returns_yearly":{"2021":-7.1,"2022":-59.9,"2023":130,"2024":34.4,"2025":22.6,"2026":-21.8}},{"slug":"byd-electronics","name":"BYD일렉트로닉스","name_en":"BYD Electronics","tier":3,"returns_yearly":{"2021":-56.1,"2022":16,"2023":-0.4,"2024":60.6,"2025":-19.4,"2026":-24.1}},{"slug":"rigetti","name":"Rigetti Computing","name_en":"Rigetti Computing","tier":3,"returns_yearly":{"2022":-92.9,"2023":35.1,"2024":1449.2,"2025":45.2,"2026":-31.4}},{"slug":"ubtech","name":"UBTech","name_en":"UBTech Robotics","tier":3,"returns_yearly":{"2024":-21.6,"2025":95.4,"2026":-38.8}},{"slug":"oklo","name":"Oklo","name_en":"Oklo","tier":3,"returns_yearly":{"2022":0.7,"2023":6.5,"2024":101,"2025":238,"2026":-42.5}},{"slug":"d-wave","name":"D-Wave Quantum","name_en":"D-Wave Quantum","tier":3,"returns_yearly":{"2022":-85.3,"2023":-38.9,"2024":854.5,"2025":211.3,"2026":-44.3}},{"slug":"shinko","name":"신코덴키","name_en":"Shinko Electric Industries","tier":3,"returns_yearly":null},{"slug":"siemens-eda","name":"Siemens EDA","name_en":"Siemens EDA","tier":3,"returns_yearly":null},{"slug":"jsr","name":"JSR","name_en":"JSR Corporation","tier":3,"returns_yearly":null},{"slug":"openai","name":"OpenAI","name_en":"OpenAI","tier":3,"returns_yearly":null}],"analysis":"수질·제품품질 기술 기업. 2025년 -1.6%, 2026년 -3.2%로 약세가 이어진다. 본주(-3.2%)와 공급단(평균 +1.2%)이 같은 보폭으로 움직인다. 연결 노드 중 가장 앞선 곳은 마이크로소프트(+4%), 가장 처진 곳은 세일즈포스(-1.6%)다. 격차가 사슬 논리로 설명되면 후자가 다음 전파 후보이고, 설명되지 않으면 그 연결 자체를 다시 봐야 한다.","analysis_en":"Veralto Corporation operates across Water and product quality technology. It remained weak at -1.6% in 2025 and -3.2% in 2026. The stock (-3.2%) and its supply side (avg +1.2%) are moving in step. Among connected nodes the furthest ahead is Microsoft (+4%) and the furthest behind is Salesforce, Inc. (-1.6%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Acquisitions are a central capital-allocation tool for expanding its water measurement and digital workflow portfolio.","analysis_asof":"2026-09-04"},"edges":[{"direction":"investment","counterparty":"In-Situ","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2026-02-20","basis":"In-Situ 인수 현금대가, 취득 현금 차감 후","value":427000000,"period":"2026-01-22","basis_en":"Cash consideration for the In-Situ acquisition, net of cash acquired","qualifier":null},"note":"베랄토는 2026년 1월 22일 환경 수질 측정·모니터링 업체 In-Situ 인수를 완료했다. SEC 10-K의 현금 대가는 취득 현금 차감 후 약 4억2700만 달러이며, 이는 계약 발표 당시의 4억3500만 달러 총액과 기준이 다르다.","note_en":"Veralto completed its acquisition of environmental water measurement and monitoring company In-Situ on January 22, 2026. The SEC 10-K reports approximately $427 million of cash consideration net of cash acquired, a different basis from the $435 million headline agreement value.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-20","url":"https://www.sec.gov/Archives/edgar/data/1967680/000196768026000011/vlto-20251231.htm","title":"Veralto Corp 10-K (2026-02-20)","title_en":"Veralto Corp 10-K (2026-02-20)","excerpt":"회사는 In-Situ 인수를 완료했으며 취득 현금 차감 후 현금대가는 약 4억2700만 달러였다.","excerpt_en":"The total purchase price was cash consideration of approximately $427 million, net of cash acquired."},{"stance":"mentions","publisher":"IndexBox","publisher_en":"IndexBox","kind":"analysis","lang":"en","published_at":"2026-01-12","url":"https://www.indexbox.io/blog/veralto-corp-q4-2025-earnings-preview-eps-growth-in-situ-acquisition-impact/","title":"베랄토 2025년 4분기 실적 전망: EPS 성장과 In-Situ 인수 영향","title_en":"Veralto Corp Q4 2025 Earnings Preview: EPS Growth & In-Situ Acquisition Impact","excerpt":"분석은 In-Situ 인수가 수질 분석 포트폴리오에 규모와 수익성을 더한다고 평가했다.","excerpt_en":"Strategically, the acquisition adds both scale and profitability."},{"stance":"mentions","publisher":"베랄토 투자자관계","publisher_en":"Veralto Investor Relations","kind":"ir","lang":"en","published_at":"2025-11-25","url":"https://investors.veralto.com/2025-11-25-Veralto-Announces-Agreement-to-Acquire-In-Situ-and-Establishes-750-Million-Share-Repurchase-Program","title":"베랄토, In-Situ 인수 계약 및 7억5000만 달러 자사주 매입 프로그램 발표","title_en":"Veralto Announces Agreement to Acquire In-Situ and Establishes $750 Million Share Repurchase Program","excerpt":"베랄토는 통상적 조정을 조건으로 In-Situ를 4억3500만 달러에 인수하는 최종 계약을 발표했다.","excerpt_en":"Veralto entered into a definitive agreement to acquire In-Situ for $435 million."},{"stance":"mentions","publisher":"Investing.com 한국","publisher_en":"Investing.com Korea","kind":"news","lang":"ko","published_at":"2025-11-25","url":"https://kr.investing.com/news/stock-market-news/article-93CH-1732293","title":"베랄토, In-Situ 4억 3,500만 달러에 인수 소식에 주가 상승","title_en":"Veralto Shares Rise on $435 Million In-Situ Acquisition News","excerpt":"베랄토는 In-Situ를 4억3500만 달러에 인수해 환경 수자원·수문 시장 입지를 확대한다고 발표했다.","excerpt_en":"Veralto announced the $435 million acquisition of In-Situ to expand in environmental water and hydrology markets."}]},{"direction":"cost","counterparty":"마이크로소프트","counterparty_slug":"microsoft","confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2026-09-20","basis":"Microsoft Azure 클라우드 인프라 사용 비용","value":null,"period":"2026","basis_en":"Microsoft Azure cloud infrastructure spend","qualifier":"confirmed_no_disclosed_value"},"note":"베랄토의 글로벌 IT 조직은 여러 구독과 멀티테넌트 구조를 포함한 Microsoft Azure 환경을 설계·배포·운영한다. 클라우드 인프라 사용액은 공개되지 않았다.","note_en":"Veralto's global IT organization designs, deploys, and operates Microsoft Azure environments across multiple subscriptions and a multi-tenant architecture. Cloud infrastructure spend was not disclosed.","sources":[{"stance":"confirms","publisher":"베랄토 채용","publisher_en":"Veralto Careers","kind":"ir","lang":"en","published_at":"2026-09-20","url":"https://veralto.wd1.myworkdayjobs.com/VeraltoCorporateJobs/job/GBR---Remote/Systems-Engineer_R10266002","title":"시스템 엔지니어 채용 공고","title_en":"Systems Engineer","excerpt":"베랄토는 복수 구독을 포함한 Microsoft Azure 환경을 설계·배포·운영한다고 밝혔다.","excerpt_en":"Design, deploy, and operate Microsoft Azure environments, including management of multiple subscriptions."}]},{"direction":"cost","counterparty":"세일즈포스","counterparty_slug":"salesforce","confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2026-09-19","basis":"Salesforce 글로벌 CRM 플랫폼 사용 비용","value":null,"period":"2026","basis_en":"Salesforce global CRM platform spend","qualifier":"confirmed_no_disclosed_value"},"note":"베랄토 수질 사업의 OTT는 여러 Salesforce 인스턴스를 단일 글로벌 CRM 플랫폼으로 통합하고 있다. 영업·마케팅·고객서비스 운영에 직접 쓰이는 소프트웨어지만 계약액은 공개되지 않았다.","note_en":"Veralto's OTT water business is consolidating multiple Salesforce instances into one global CRM platform. The software directly supports sales, marketing, and customer service, but contract spend was not disclosed.","sources":[{"stance":"confirms","publisher":"베랄토 채용","publisher_en":"Veralto Careers","kind":"ir","lang":"en","published_at":"2026-09-19","url":"https://veralto.wd1.myworkdayjobs.com/EnvironmentalJobs/job/Salesforce-Product-Owner_R10266623","title":"Salesforce 제품 책임자 채용 공고","title_en":"Salesforce Product Owner","excerpt":"OTT는 여러 Salesforce 인스턴스를 하나의 확장 가능한 글로벌 CRM 플랫폼으로 통합하고 있다.","excerpt_en":"Lead the consolidation of multiple Salesforce instances into a single global platform."}]},{"direction":"revenue","counterparty":"에너자이저 홀딩스","counterparty_slug":null,"confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2025-07-07","basis":"에너자이저 포장 라인에 공급한 Videojet 장비의 상대별 매출","value":null,"period":"2025","basis_en":"Revenue from Videojet equipment supplied for Energizer packaging lines","qualifier":"confirmed_no_disclosed_value"},"note":"에너자이저의 북미 배터리 포장 전환 라인에는 Videojet 레이저 프린터와 잉크젯 날짜 코더가 설치됐다. 베랄토는 고객별 매출을 공개하지 않았고, 2025년에는 단일 고객이 연결 매출의 10%를 넘지 않았다고 공시했다.","note_en":"Energizer's North American battery packaging conversion lines use a Videojet laser printer and inkjet date coder. Veralto does not disclose customer-level revenue and reported that no single customer exceeded 10% of consolidated sales in 2025.","sources":[{"stance":"confirms","publisher":"Packaging World","publisher_en":"Packaging World","kind":"news","lang":"en","published_at":"2025-07-07","url":"https://www.packworld.com/secondary-packaging/cartoning/article/22944607/energizer-gears-up-for-paperbased-sustainable-packaging","title":"Energizer Gears Up for Paper-based Sustainable Packaging","title_en":"Energizer Gears Up for Paper-based Sustainable Packaging","excerpt":"각 포장 라인의 Videojet 레이저 프린터가 단위 제품 하단에 날짜 정보를 인쇄한다.","excerpt_en":"Near the sleever’s discharge station is a Videojet laser printer that puts date code information on the bottom of each unit."}]},{"direction":"revenue","counterparty":"부시밀스","counterparty_slug":null,"confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2024-01-18","basis":"부시밀스에 공급한 Videojet 장비·서비스의 상대별 매출","value":null,"period":"2024","basis_en":"Revenue from Videojet equipment and services supplied to Bushmills","qualifier":"confirmed_no_disclosed_value"},"note":"Videojet은 부시밀스와 30년간 거래하며 증류소에 CO2 레이저 프린터 6대와 대문자 마킹 장비 6대를 공급하고 원격·현장 지원을 제공했다. 상대별 매출액은 공개되지 않았다.","note_en":"Videojet has supported Bushmills over a 30-year relationship, supplying six CO2 laser printers and six large-character marking machines plus remote and local service. Customer-level revenue was not disclosed.","sources":[{"stance":"confirms","publisher":"Packaging Scotland","publisher_en":"Packaging Scotland","kind":"news","lang":"en","published_at":"2024-01-18","url":"https://packagingscotland.com/2024/01/in-good-spirits-videojet-and-bushmills-celebrate-three-decades-of-partnership/","title":"Videojet과 Bushmills, 30년 파트너십을 기념하다","title_en":"In good spirits: Videojet and Bushmills celebrate three decades of partnership","excerpt":"Videojet Technologies는 부시밀스 위스키 브랜드와 30년간 협력하며 코딩·마킹 장비를 지원했다.","excerpt_en":"During a 30-year partnership with the Bushmills whiskey brand, Videojet Technologies has supported the heritage spirit maker."}]}]}