11-Year Financial and Non-Financial Highlights OMRON Corporation and Subsidiaries (As of and for the years ended March 31) FY2004 Operating Results: Net sales Gross profit Selling, general and administrative expenses (excl. R&D expenses) Research and development expenses Operating income (Note 2) EBITDA (Note 3) Net income (loss) attributable to shareholders Cash Flows: Net cash provided by operating activities Net cash used in investing activities Free cash flow (Note 4) Net cash provided by (used in) financing activities Financial Position: Total assets Cash and cash equivalents Total interest-bearing liabilities Total shareholders’ equity Per Share Data: Net income (loss) attributable to shareholders (EPS) Shareholders’equity Cash dividends (Note 5) Dividend payout ratio Financial Indicators: Gross profit margin Operating income margin EBITDA margin Return on invested capital (ROIC) Return on equity (ROE) Ratio of shareholders’ equity to total assets Total return ratio (Note 6) Capital expenditures Depreciation and amortization Ratio of overseas sales Non-Financial Data (Note 7) : Number of employees Ratio of overseas employees to total employees Number of patents held (Note 8) Environmental contribution (ton-CO2) (Note 9) CO2 emissions of global production sites (ton-CO2) (Note 10) FY2005 FY2006 FY2007 ¥598,727 ¥616,002 ¥723,866 245,298 248,642 278,241 ¥762,985 293,342 141,185 149,274 164,167 176,569 49,441 50,501 52,028 51,520 54,672 60,782 62,046 65,253 83,314 91,607 95,968 101,596 30,176 35,763 38,280 42,383 61,076 51,699 40,539 68,996 (36,050) (43,020) (47,075) (36,681) 25,026 8,679 (6,536) 32,315 (40,684) (38,320) (4,697) (34,481) 585,429 589,061 630,337 617,367 80,619 52,285 42,995 40,624 23,203 2,468 19,988 18,179 305,810 362,937 382,822 368,502 126.5 151.1 165.0 185.9 1,284.8 1,548.1 1,660.7 1,662.3 24.0 30.0 34.0 42.0 19.2% 19.9% 20.6% 22.6% 41.0% 40.4% 38.4% 38.4% 9.1% 9.9% 8.6% 8.6% 13.9% 14.9% 13.3% 13.3% 9.0% 10.1% 9.9% 10.4% 10.4% 10.7% 10.3% 11.3% 52.2% 61.6% 60.7% 59.7% 29.1% 47.8% 49.7% 74.7% 38,579 40,560 44,447 37,072 28,642 30,825 33,922 36,343 39.9% 43.4% 47.3% 52.1% 24,904 27,408 32,456 35,426 58.4% 61.1% 64.9% 65.7% 4,426 4,538 5,206 5,717 Notes: 1. U.S. dollar amounts represent translations of Japanese yen at the approximate exchange rate on March 31, 2015 of ¥120 = U.S.$1. 2. Operating income for fiscal 2005 includes an ¥11,915 million gain recorded on the return of pension assets to the government. 3. EBITDA = Operating income + Depreciation and amortization 4. Free cash flow = Net cash provided by operating activities + Net cash used in investing activities 5. Cash dividends per share represent the amounts applicable to the respective year, including dividends to be paid after the end of the fiscal year. 6. Total return ratio = (Total dividends paid + Amount of shares repurchased) / Net income (loss) attributable to shareholders (does not include repurchases of less than one trading unit) 7. The non-financial data presented herein was reviewed by Deloitte Tohmatsu Evaluation and Certification Organization Co., Ltd., an independent practitioner. See page 92 for more information. Long-Term Management Strategy Grand Design 2010（GD2010） FY2001 – FY2003 FY2004 – FY2007 FY2008 – FY2010 1st Stage Establish a Profit Structure 2nd Stage Balance Growth and Earnings 3rd Stage Achieve a Growth Structure Reinforce business foundations through aggressive investment in growth areas, including M&A, and cost reduction Fortify growth businesses (high profitability) Concentrate on cost structure reform and restructure the Company as a profit-generating business Achievements • ROE of 10% • Withdrew from unprofitable business, spun off Healthcare Business • Raised the level of corporate governance to the global standard 18 OMRON Corporation Achievements • Increased earnings per share from ¥110.7 (FY2003) to ¥185.9 (FY2007) Revival Stage (February 2009 to March 2011) Revised 3rd-stage targets due to an abrupt change in the business environment, implemented cost reductions, and spun off Automotive Electronic Components Business and Social Systems, Solutions and Service Business FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 Millions of yen Thousands of U.S. dollars (Note 1) FY2014 FY2014 ¥524,694 ¥617,825 ¥619,461 ¥650,461 ¥772,966 ¥847,252 $7,060,433 218,522 184,342 231,702 227,887 241,507 297,208 332,607 2,771,725 164,284 133,426 142,365 145,662 152,676 181,225 198,103 1,650,858 48,899 37,842 41,300 42,089 43,488 47,928 47,913 399,275 5,339 13,074 48,037 40,136 45,343 68,055 86,591 721,592 38,835 40,088 71,021 62,753 67,795 93,144 114,930 957,750 (29,172) 3,518 26,782 16,389 30,203 46,185 62,170 518.083 31,408 42,759 41,956 31,946 53,058 79,044 77,057 642.142 (40,628) (18,584) (20,210) (26,486) (28,471) (31,125) (39,517) (329,308) 24,175 21,746 5,460 24,587 47,919 37,540 312,833 (20,358) 3,333 (33,492) (18,550) (16,298) (29,303) (244,192) 538,280 532,254 562,790 537,323 573,637 654,704 711,011 5,925,092 46,631 51,726 74,735 45,257 55,708 90,251 102,622 855,183 52,970 36,612 45,519 18,774 5,570 488 0 0 298,411 306,327 312,753 320,840 366,962 430,509 489,769 4,081,408 Yen (132.2) 1,355.4 U.S. dollars (Note 1) 16.0 121.7 74.5 137.2 209.8 283.9 2.37 1,391.4 1,421.0 1,457.5 1,667.0 1,956.1 2,254.4 18.79 0.59 17.0 30.0 28.0 37.0 53.0 71.0 ー 106.4% 24.7% 37.6% 27.0% 25.3% 25.0% 34.8% 35.1% 37.5% 36.8% 37.1% 38.5% 39.3% 0.9% 2.5% 7.8% 6.5% 7.0% 8.8% 10.2% 6.2% 7.6% 11.5% 10.1% 10.4% 12.1% 13.6% (7.6%) 1.0% 7.8% 4.8% 8.6% 11.3% 13.4% (8.7%) 1.2% 8.7% 5.2% 8.8% 11.6% 13.5% 55.4% 57.6% 55.6% 59.7% 64.0% 65.8% 68.9% ー 106.7% 25.2% 37.7% 27.0% 25.3% 49.1% 36,844 19,524 23,192 28,341 28,285 33,653 38,143 317,858 33,496 27,014 22,984 22,617 22,452 25,089 28,339 236,158 49.7% 50.7% 51.4% 52.2% 51.1% 55.4% 60.1% 32,583 36,299 35,684 35,992 35,411 36,842 37,572 63.4% 68.1% 67.8% 67.7% 67.4% 69.1% 69.7% 5,205 5,218 5,452 5,959 6,448 6,635 7,194 216,467 211,364 331,222 671,953 880,561 191,103 183,953 176,055 207,426 223,945 Corporate Value Initiatives 25.0 Where We’ re Headed (9,220) 21,867 About Omron ¥627,190 Corporate Value Foundation Financial Section 8. Patent information is as of March 15. s use of the Omron Group’ s energy-saving, storage, or generation 9. Environmental contribution = Volume of CO2 emissions reduction contributed by society’ products and services. 10. CO2 emissions volumes calculated based on fuel consumption and electricity purchase volumes by the Company. Operating Income Omron applies the single step presentation of income under U.S. GAAP (that is, the various levels of income are not presented) in its consolidated statements of income. For comparison with other companies, operating income is presented as gross profit less selling, general and administrative expenses and research and development expenses. Discontinued Operations Figures for FY2006 and prior years have been restated to account for businesses discontinued in FY2007. Value Generation 2020（VG2020） FY2011 – FY2013 FY2014 – FY2016 FY2017 – FY2020 GLOBE STAGE EARTH-1 STAGE EARTH- 2 STAGE Establishment of profit and growth structures on a global basis Establish self-driven growth structure Target*1 Net sales ¥ 750.0 billion Operating income ¥100.0 billion Gross profit margin 42.0% Operating income margin 13.3% ROE over 15% Result ¥ 773.0 billion ¥68.1 billion 38.5% 8.8% 11.6% *1 Target values are those announced at the time of the original VG2020 announcement (July 2011) ● FY2016 Targets*2 ● ● ● ● ● Net sales over ¥900 billion Gross profit margin over 40% Operating profit margin over 10% ROIC approx. 13% ROE approx. 13% EPS approx. ¥290 *2 Announced April 2014 ● FY2020 Targets*3 ● Net sales over ¥1 trillion Operating profit margin15% *3 Target values are those announced at the time of the original VG2020 announcement (July 2011) Integrated Report 2015 19