PDF 782kb

Financial Results
for the First Quarter
Ended June 30, 2011
(FY11 Q1)
July 27, 2011
OMRON Corporation
© Omron Corporation
Contents
1. FY11 Q1 Results & Full-Year Forecast
FY11 Q1 Results & Full-Year Forecast
P. 2
FY11 Q1 Results
P. 5
FY11 Full-Year Forecast
P. 14
2. VG2020 Globe Stage
Targets
P. 21
3. VG2020 Focus
IA Business Reinforcement in China
4. Reference Materials
© Omron Corporation
P. 26
P. 30
1
FY11 Q1 Results
& Full-Year Forecast
© Omron Corporation
2
Q1 Results
¾ Both sales and operating income were up YoY (+3.0% and +9.4% respectively).
¾ Omron fulfilled its obligations as a supplier to minimize the impact of the March 11th
earthquake on customers.
¾ Overall, recorded YoY profit increase thanks to main Industrial Automation Business,
while Automotive Electronic Components Business and Healthcare Business struggled
at home after the earthquake & tsunami.
¾ Operating income up YoY due to sales increase and business mix improvement.
¾ Exchange rates: 1 USD = ¥81.7; 1 EUR = ¥118.1 (FY10 Q1: 1 USD = ¥91.5; 1 EUR = ¥116.9)
(Billions of yen)
Net Sales
Operating Income
Attributable to shareholders
151.4
147.0
+3.0%
145.0
+4.4%
12.2
11.1
+9.4%
FY2010 Q1
Actual
© Omron Corporation
Q1 Net Income
FY2011 Q1
Actual
FY2011 Q1
Apr. 27 forecast
FY2010 Q1
Actual
FY2011 Q1
Actual
6.9
6.4
+7.5%
FY2010 Q1
Actual
FY2011 Q1
Actual
3
Q1-Q2 & Full-Year Forecast
¾ No change to the June 6 forecast following solid Q1 performance, even with
negative impacts of exchange rates & raw material costs.
¾ Assumed exchange rates for Q2-Q4: 1 USD = ¥80; 1 EUR = ¥113
(Previous forecast: 1 USD = ¥82; 1 EUR = ¥116)
(Billions of yen)
Net Sales
Operating Income
Net Income
Attributable to shareholders
309.5
297.9
Q1-Q2
Total
24.4
+3.9%
Net Sales
655.0
+6.0%
FY10 Actual
+0.1%
FY11 Forecast
Operating Income
55.0
48.0
15.0
15.0
+0.2%
FY10 Actual FY11 Forecast
617.8
24.5
+14.5%
FY10 Actual
FY11 Forecast
Net Income
Attributable to shareholders
34.0
26.8
+27.0%
Full Year
FY10 Actual
© Omron Corporation
FY11 Forecast
FY10 Actual
FY11 Forecast
FY10 Actual FY11 Forecast
4
FY11 Q1 Results
© Omron Corporation
5
Consolidated P/L
¾ Omron fulfilled its obligations as a supplier to minimize the
impact of the March 11th earthquake on customers.
¾ Net sales up, and OP margin up from 7.5% to 8.0% YoY.
¾ Gross profit margin unchanged at 38.2% YoY.
(Billions of yen)
FY2010
Q1
Net Sales
Gross Profit
(%)
SG&A
R&D
Operating Income
(%)
Non-operating Income
(loss), net
NIBT
Net Income
attributable to
shareholders
FY2011
Q1
147.0
56.1
151.4
57.9
(38.2%)
(38.2%)
YoY
Apr. 27
Forecast
Actual
vs. Forecast
+3.0%
+3.1%
145.0
-
+4.4%
-
(0.0% pt)
-
-
+0.3%
+6.6%
+9.4%
-
35.5
9.5
11.1
35.6
10.1
12.2
(7.5%)
(8.0%)
(+0.5% pt)
-
(0.5)
(0.7)
+48.1%
-
-
10.7
11.5
+7.7%
-
-
6.4
6.9
+7.5%
-
-
<Exchange Rates>
USD
EUR
© Omron Corporation
91.5
116.9
81.7
118.1
-9.8
+1.2
83.0
117.0
-1.3
+1.1
6
Operating Income Analysis (YoY)
¾ Up 40% without ¥3.4 bn negative impacts of foreign exchange
and increased cost of material.
(Billions of yen)
w/o material costs &
forex impacts: +40%
Sales increase,
product mix, fixed
manufacturing costs
15.6
SG&A, R&D
Exchange
gain
+6.3
-3.1
Exchange
loss
11.1
FY2010
Q1 Actual
3.4
-1.4
Material
costs
increase
+1.1
12.2
-1.8
SG&A, R&D
increase
Gross profit increase ¥1.8 bn
FY2011
Q1 Actual
Operating income gain ¥1.1 bn (Exchange loss: ¥2.0 bn)
© Omron Corporation
7
Consolidated B/S
¾ Shareholders' equity ratio rose to 58.9% from 55.6% in three months.
¾ Liabilities down ¥29 bn due to short-term debt payment.
(Billions of yen)
June 30, 2011
Assets
Cash and cash equivalents
Notes and accounts receivable - trade
Inventories
Deferred income taxes, other current assets
Property, plant and equipment
Investments and other assets
Liabilities
Short-term debt
Long-term debt
Notes and accounts payable - trade
Termination and retirement benefits
Other liabilities
Net Assets
Common stock and retained earnings
Accumulated other comprehensive income
Treasury stock
Non controlling interests
Total Liabilities and Shareholders’ Equity
© Omron Corporation
538.4
64.0
120.9
90.8
30.6
117.6
114.5
220.1
30.4
0.0
73.4
64.1
52.2
318.3
430.5
-68.6
-44.6
1.0
538.4
March 31, 2011
562.8
74.7
135.3
86.2
31.7
120.0
114.9
249.1
45.8
0.8
77.8
65.5
59.2
313.7
423.6
-66.2
-44.6
0.9
562.8
(Ref. June 30,
2010)
518.8
56.0
113.2
80.3
30.9
119.3
119.2
219.6
40.0
0.9
69.1
65.0
44.6
299.2
409.9
-67.1
-44.5
0.9
518.8
8
Consolidated Cash Flows
¾ FCF up YoY due to profit increase.
¾ Cash down from end of FY10 due to debt payment.
(Billions of yen)
Operating activities
Investing activities
Free cash flow
Financing activities
Effect of exchange rate changes
on cash and cash equivalents
Net increase/decrease in cash
and cash equivalents
Cash and cash equivalents
at end of the period
Capital expenditures
Depreciation and amortization
FY2010
Q1
10.4
-4.7
5.7
0.9
FY2011
Q1
13.3
-4.8
8.6
-18.7
(Ref.
FY2010)
42.0
-20.2
21.8
3.3
-2.3
-0.5
-2.1
4.3
-10.7
23.0
56.0
64.0
74.7
5.1
5.9
5.4
5.3
23.2
23.0
*Capital investment is represented as capital expenditures on the consolidated cash flow statement.
© Omron Corporation
9
Net Sales by Segment
¾ IAB, EMC and SSB: Up YoY.
¾ AEC and HCB: Down YoY due to effects of March 11th earthquake.
(Billions of yen)
Industrial Automation
(IAB)
Electronic &
Mechanical
Components (EMC)
Automotive Electronic
Components (AEC)
Social Systems,
Solutions & Service
(SSB)
Healthcare (HCB)
Other
Eliminations
& Corporate
Total
© Omron Corporation
FY2010
Q1
FY2011
Q1
68.4
74.9
+9.5%
75.5
-0.9%
20.0
20.4
+1.9%
19.5
+4.6%
21.6
18.4
-14.7%
15.5
+19.0%
8.7
9.6
+10.5%
8.0
+20.1%
14.8
11.8
14.3
12.2
-3.4%
+3.2%
13.5
11.5
+6.2%
+6.0%
1.7
1.6
-0.4%
1.5
+6.5%
147.0
151.4
+3.0%
145.0
+4.4%
YoY
Apr. 27
ｆorecast
Actual
vs. ｆorecast
10
Operating Income by Segment
¾ IAB recorded remarkable YoY growth.
¾ EMC, AEC and HCB saw large drop.
(Billions of yen)
FY2010 Q1
FY2011 Q1
10.9
12.4
+13.2%
(16.0%)
(16.5%)
(+0.5% pt)
3.2
2.3
-27.3%
(16.0%)
(11.4%)
(-4.6% pt)
1.3
0.5
-66.3%
(6.2%)
(2.5%)
(-3.7% pt)
-2.3
-2.0
-
(-)
(-)
(-)
1.4
1.2
-14.7%
(9.1%)
(8.1%)
(+1.0% pt)
-1.5
-1.3
-
-1.9
-0.8
-
11.1
12.2
+9.4%
(7.5%)
(8.0%)
(+0.5% pt)
Industrial Automation (IAB)
Electronic & Mechanical
Components (EMC)
Automotive Electronic
Components (AEC)
Social Systems,
Solutions & Service (SSB)
Healthcare (HCB)
Other
Eliminations
& Corporate
Total
YoY
(%): Operating income/External sales
© Omron Corporation
11
Q1 Performance by Segment
Segment
IAB
Net Sales & Operating Income
Net Sales
Operating Income
EMC
Net Sales
Operating Income
AEC
Net Sales
Operating Income
SSB
Net Sales
Operating Income
HCB
Net Sales
Operating Income
Other
© Omron Corporation
Net Sales
Operating Income
Japan: Worked hardest on parts procurement to fulfill responsibilities as a supplier.
Sales solid, especially sales of sensors and PLCs.
Overseas: Enjoying China’s demand increase. Europe, North America and Asia
are favorable as well.
Notably up due to sales increase YoY.
Japan: Slow due to drop in demand for automotive relays and switches.
Overseas: Favorable due to advance procurement by Chinese companies after
March 11 earthquake.
Down due to raw material price rises YoY.
Japan: Slow due to domestic car makers’ production cutback after March 11.
Overseas: Solid in emerging markets, but sluggish in North America.
Down due to sales decrease YoY.
Both public transportation systems and traffic & road management systems
businesses saw large YoY increase, due to partial delivery and related installation
of equipment that had been on hold following March 11 earthquake.
Up due to sales increase YoY.
Japan: Weak due to the healthcare market’s decline led by cooling consumer
spending after March 11 earthquake.
Overseas: Solid thanks to rising awareness of health management in China,
Southeast Asia, Middle East and Latin America.
Down due to sales decrease YoY.
Backlight and Electronic Systems & Equipments Businesses went strong.
Up due to sales increase YoY.
12
Net Sales & Operating Income by Area
¾ Net sales: Down YoY in Japan; up significantly in “Greater China”
and “Asia Pacific and Others.”
(Billions of yen)
FY2010 Q1
Net Sales
Japan
69.6
Americas
18.4
Europe
21.6
Greater China
24.4
Asia Pacific and
Others
Eliminations
& Corporate
Total
FY2011 Q1
Oper. Income
13.0
147.0
6.1
(8.7%)
0.5
(2.9%)
0.8
(3.7%)
3.5
(14.4%)
1.8
(14.0%)
-1.6
11.1
(7.5%)
Net Sales
67.7
18.0
22.9
28.0
14.8
151.4
YoY
Oper. Income
5.8
(8.6%)
0.7
(4.0%)
1.5
(6.6%)
3.8
(13.6%)
1.8
(12.3%)
-1.5
12.2
(8.0%)
Net Sales
-2.7%
-1.9%
+5.9%
+14.9%
+13.7%
+3.0%
Oper. Income
-4.4%
(-0.1% pt)
+34.4%
(+1.1% pt)
+91.5%
(+3.0% pt)
+8.8%
(-0.8% pt)
-0.3%
(-1.7% pt)
+9.4%
(+0.5% pt)
(%): Operating income/External sales
© Omron Corporation
13
FY11 Full-Year Forecast
© Omron Corporation
14
FY11 Policy & Top Tasks
‹ Policy
Start up VG2020!
Our first step forward toward transforming into a truly global group
‹ Top Tasks
0. Accomplishment of “Omron as a supplier”
1. Reinforcement of IA business with automation business as a core
2. Proactive expansion in emerging markets, mainly in Asia
3. Focus on environmental solutions business, especially energy saving & creation
4. Profit structure reform by product mix improvement and variable cost reduction
5. Acceleration of global human resources and corporate culture reform
‹ Conditions: Q2-Q4 exchange rates & raw material costs
1 USD = ¥80; 1 EUR = ¥113
Silver: ¥98,000/kg; Copper: ¥820/kg
¥1 fluctuation impact (full-year, approx)
Sales
OP
UDS
¥2.5 bn
¥0.9 bn
EUR
¥0.9 bn
¥0.4 bn
© Omron Corporation
Price change impact (full-year, approx)
Price change
OP
Silver
¥1,000/kg
¥0.1 bn
Copper
¥100/kg
¥1.0 bn
15
FY11 Full-Year Forecast
¾ No change to June 6 forecast, even with forex and material costs
impacts.
¾ Gross profit margin up to 38.7%; OP margin up to 8.4%.
(Billions of yen)
Net Sales
Gross Profit
(%)
SG&A
R&D
Operating Income
(%)
Non-operating Income
(loss), net
NIBT
Net Income
attributable to shareholders
EPS (JPY)
ROE (%)
<Exchange Rates>
USD
EUR
© Omron Corporation
FY2010
Actual
FY2011
Forecast
617.8
231.7
655.0
253.5
+6.0%
+9.4%
655.0
-
Actual
vs.
Forecast
0.0%
-
(37.5%)
(38.7%)
(+1.2% pt)
-
-
142.4
41.3
48.0
152.5
46.0
55.0
+7.1%
+11.4%
+14.5%
55.0
0.0%
(7.8%)
(8.4%)
(+0.6% pt)
(8.4%)
(0.0% pt)
(6.3)
(1.5)
-76.4%
-
-
41.7
53.5
+28.3%
53.5
0.0%
26.8
34.0
+27.0%
34.0
0.0%
121.66
8.7
154.48
10.4
+27.0%
(+1.7% pt)
154.48
-
0.0%
-
85.8
113.5
80.5
114.6
-5.3
+1.1
82.0
116.0
-1.5
-1.4
YoY
June 6
Forecast
16
Sales Forecast by Segment
Segment
IAB
Q2-Q4 Sales Forecast
• Japan: Up YoY but below June 6 forecast due to temporary inventory
adjustment to be carried out during Q2.
• Overseas: Almost as previously forecasted, with each area remaining solid.
EMC
• Japan: Higher than June forecast, due to decreasing March 11 earthquake
impacts on the amusement industry.
• Overseas: Up YoY but below June forecast due to temporary inventory
adjustments in consumer & industrial sectors.
• Japan: Almost in line with June forecast.
AEC
• Overseas: Exceeded June forecast thanks to the recovery of global
automobile production.
SSB
As announced on June 6.
HCB
• Japan: Better than previously forecasted with decreasing March 11
earthquake impact.
• Overseas: As announced on June 6.
Other
© Omron Corporation
As announced on June 6.
17
Full-Year Net Sales Forecast by Segment
¾ IAB: Below June 6 forecast due to temporary inventory adjustment.
¾ AEC: Better than forecasted.
(Billions of yen)
FY2010
FY2011
Forecast
Industrial Automation (IAB)
271.9
302.0
+11.1%
307.5
-1.8%
Electronic & Mechanical
Components (EMC)
81.2
85.5
+5.3%
85.5
0.0%
Automotive Electronic
Components (AEC)
84.3
84.5
+0.3%
82.0
+3.0%
Social Systems, Solutions &
Service (SSB)
63.8
60.0
-6.0%
60.0
0.0%
Healthcare (HCB)
60.6
62.5
+3.1%
61.5
+1.6%
Other
49.7
54.0
+8.7%
53.5
+0.9%
6.3
6.5
+3.0%
5.0
+30.0%
617.8
655.0
+6.0%
655.0
0.0%
Eliminations
& Corporate
Total
© Omron Corporation
YoY
June 6
Forecast
vs. June 6
forecast
18
Full-Year Operating Income Forecast
by Segment
¾ IA business (IAB & EMC) up; AEC, SSB and HCB down
(Billions of yen)
FY2010
Industrial Automation
(IAB)
Electronic & Mechanical
Components (EMC)
Automotive Electronic
Components (AEC)
Social Systems,
Solutions & Service
Healthcare (HCB)
Other
Eliminations
& Corporate
Total
FY2011
Forecast
YoY
38.2
46.0
+20.3%
(14.1%)
(15.2%)
(+1.1% pt)
11.9
12.5
+4.9%
(14.7%)
(14.6%)
(-0.1% pt)
4.2
3.5
-15.9%
(4.9%)
(4.1%)
(-0.8% pt)
1.7
0
-
(2.6%)
(-)
(-)
4.1
3.0
-26.4%
(6.7%)
(4.8%)
(-1.9% pt)
-4.7
-3.5
-
-7.3
-6.5
-
48.0
55.0
+14.5%
(7.8%)
(8.4%)
(+0.6% pt)
(%): Operating income/External sales
© Omron Corporation
19
Projected R&D, Capital Expenditures,
Depreciation & Amortization
R&D and capital expenditures up YoY due to active investments.
(Billions of yen)
FY2010
FY2011
Forecast
YoY
R&D
expenditures
41.3
46.0
+11.4%
Capital
expenditures
23.2
38.0
+63.8%
Depreciation &
amortization
23.0
24.5
+6.5%
© Omron Corporation
20
Globe Stage: Targets
© Omron Corporation
21
IA (IAB & EMC) Reinforcement
Expansion of automation business
Expansion in emerging markets (especially in China)
Strengthen & expand production to meet surging global demand
(Billions of yen)
387.5
%
+9.7
353.1
FY2010
© Omron Corporation
FY2011
u
An n
:
owth
r
g
l
a
8%
450.0
IA
Business
Sales
(IAB
& EMC)
FY2013
22
Sales Increase in Emerging Markets
Wider range of products aimed at emerging markets (IAB, EMC, HCB)
Stronger sales & marketing
Strengthening of the “OMRON” brand in emerging markets
(Billions of yen)
approx.
%
190
8
x. 1
o
r
p
ap
ase
e
r
c
in
approx. 160
FY2010
© Omron Corporation
FY2011
:
owth
r
g
l
ua
Ann ox. 19%
appr
approx. 270
*Emerging markets:
China, Southeast Asia
(plus India), Latin
America
(esp. Brazil), East
Europe, Russia,
Middle East, and
South Africa
Sales in
Emerging
Markets*
FY2013
23
Focus on
Environmental Solution Business
Global marketing of New Energy Creation Business with solar power conditioners as a core
Growth of Energy Saving Business (packaged sales to manufacturers)
Integrated Energy Solution Business to meet future demand for environmental solutions
Group-wide efforts toward environmental solution business
(Billions of yen)
54%
se
a
e
r
inc
approx.
20
ox.
r
p
p
a
approx. 13
FY2010
© Omron Corporation
FY2011
wth:
o
r
g
ual
Ann ox. 57%
appr
approx. 50
Environmental
Solution
Business
Sales
FY2013
24
Profit Structure Reform
Omron will improve gross profit margin by 4.5% pt from FY10 to FY13.
750.0
(Billions of yen)
Net
Sales
655.0
617.8
315.2
Gross
Profit
(Gross Profit
margin)
253.5
231.7
37.5%
OP
48 (7.8%)
FY2010
© Omron Corporation
t
+1.2% p
38.7%
OP
55.0 (8.4%)
FY2011
Forecast
t
p
%
5
.
+4
42.0%
OP
100
(13.3%)
FY2013
Goal
25
IA Business Reinforcement in China
© Omron Corporation
26
Changing Demand in China
Changes in the Chinese market to trigger higher demand
for factory automation
Diverse automation needs emerging simultaneously: (i) Low-cost (ii) High
speed and high precision performance matching that of developed countries
Safety control
Risk
Optimal management
equipment
Programming compatibility
Precision machinery
processing
Ｓｅｎｓｉｎｇ
＆Ｃｏｎｔｒｏｌ
© Omron Corporation
High
added-value
& quality
High speed,
high accuracy
Energy
control
Engineering
Software/ Network
technology
Service & Support
Full line-up of
control components
Omron’s Added Value
• Expanded production,
better productivity
• Locally procured
equipment
• Self-made production
equipment
• Provincial economies
improving, smaller workforce in urban areas
• Increasing labor costs
• Tighter overtime
rules
Provision of
safe &
comfortable
work
environments
Ecofriendly
27
Automation Center in China
OMRON will establish an Automation Center in China
to increase quality and quantity of system engineers.
Increase sales by:
• Increasing the number of
system engineers to
expand customer
coverage
Functions
Engineers
made up of front system
engineers, application system
engineers & product system
engineers to strengthen
technical support to
customers
“Tsunagi Labs”
conduct connection tests between
equipment of various types
including those of other makers’
to enhance customer support in
machine automation
• Enhancing system
engineers’ skills so that
they can easily link and
operate customers’
diverse types of
equipment
Marketing
aims at sales increase by
planning products that meet
Chinese customers’ demand
• Center to open in September
• Similar center to open in August in Japan
© Omron Corporation
28
Stronger Sales & Marketing in Greater China
OMRON will increase sales & marketing sites
to support customers throughout Greater China.
From
From
Harbin
‹ FA Manufacturing/ R&D (OMS) : Shanghai
‹ FA Manufacturing/ R&D (OMS) : Shanghai
‹ Sales : 6 branch offices (Shanghai, Guangzhou,
‹ Sales : 6 branch offices (Shanghai, Guangzhou,
Beijing, Dalian, Xian, Wuhan)
Beijing, Dalian, Xian, Wuhan)
35 sales offices (including Taiwan)
35 sales offices (including Taiwan)
‹ Logistics
: 5 sites (Tianjin, Shanghai, Guangzhou,
‹ Logistics
: 5 sites (Tianjin, Shanghai, Guangzhou,
Hong Kong, Taipei)
Hong Kong, Taipei)
‹ Customer Support Centers : 3 sites (Shanghai, Beijing,
‹ Customer Support Centers : 3 sites (Shanghai, Beijing,
Guangzhou)
Guangzhou)
‹ System Engineer Centers
: 16 sites (Shanghai, Beijing,
‹ System Engineer Centers
: 16 sites (Shanghai, Beijing,
Guangzhou, and other 13 sites)
Guangzhou, and other 13 sites)
‹ Distributors: More than 100 in Greater China
‹ Distributors: More than 100 in Greater China
OMRON current bases
in Greater China
Dalian
Tianjin
Zhengzhou Jinan
Xi’
Xi’an
Qingdao
Nanjing
Wuxi
Hefei
Suzhou
Shanghai
Ningbo
Chengdu
Chongqing
Wenzhou
Nanchang
Taiwan
Changsha Xiamen Fuzhou
Taipei
Kunming Guangzhou
Hsinchu
Dongguan
Taichung
Shenzhen
Tainan
Foshan
Hong Kong
Zhongshan
Wuhan
To
To
‹Sales: 52 sites
‹Sales: 52 sites
‹Sales/offices with system engineers: All
‹Sales/offices with system engineers: All
‹Customer support centers: 9 sites
‹Customer support centers: 9 sites
© Omron Corporation
Shenyang
Beijing
Hangzhou
29
Reference
© Omron Corporation
30
Exchange Rates (USD, EUR)
1JPY
170
USD
160
EUR
150
FY07 ¥161.9/EUR
FY11 Q1
¥118.1/EUR
140
FY08 ¥144.5/EUR
FY10 ¥113.5/EUR
130
120
FY09 ¥130.3/EUR
110
FY07 ¥114.1/USD
FY10 ¥85.8/USD
100
FY11 Q1
¥81.7/USD
FY08 ¥100.7/USD
90
FY09 ¥92.9/USD
© Omron Corporation
2012/01
2011/10
2011/07
2011/04
2011/01
2010/10
2010/07
2010/04
2010/01
2009/10
2009/07
2009/04
2009/01
2008/10
2008/07
2008/04
2008/01
2007/10
2007/07
2007/04
2007/01
2006/10
2006/07
2006/04
2006/01
2005/10
2005/07
2005/04
2005/01
2004/10
2004/07
2004/04
80
31
Raw Material Prices (Silver, Copper)
Silver price
quotation, JPY/kg
Copper price
quotation, JPY/kg
140,000
Silver
120,000
FY10 ¥740
Copper
1400
1200
FY07 ¥895
100,000
FY08 ¥743
March 2006
Silver： ¥40,160
Copper： ¥643
80,000
March 2003
Silver： ¥18,510
Copper： ¥240
60,000
FY11 Q1
¥96,455
1000
FY09 ¥558
FY11 Q1
¥790
FY07 ¥53,153
40,000
800
FY10 ¥66,387
600
400
FY08 ¥48,056
20,000
FY09 ¥47,393
200
2012/01
2011/10
2011/07
2011/04
2011/01
2010/10
2010/07
2010/04
2010/01
2009/10
2009/07
2009/04
2009/01
2008/10
2008/07
2008/04
2008/01
2007/10
2007/07
2007/04
2007/01
2006/10
2006/07
2006/04
2006/01
2005/10
2005/07
2005/04
2005/01
2004/10
2004/07
2004/04
2004/01
2003/10
2003/07
0
2003/04
0
*Monthly simple moving average (SMA) of price quotations.
© Omron Corporation
32
Businesses and Major Products
• Electronic signal sensing
• Electrical current/voltage control
Relays, switches, connectors,
amusement equipment parts,
mobile device parts
• Human sensing
• Traffic sensing
• IC card technology
LCD backlights, semiconductors/MEMS,
energy saving, environmental solutions business,
electronic systems and equipment
Other
AEC
EMC
Automotive
Electronic
Components
Business
Electronic and
Mechanical
Components
Business
Automated ticket gates
and ticket vending machines,
SSB
road management systems,
Social Systems,
security management
Solutions
systems, face recognition
& Service
systems
Business
IAB
Industrial Automation
Business
• Automotive electronics
• Radio wave sensing
Keyless entry systems,
power window switches,
automotive relays, EPS
(electronic power steering)
• Bio-information sensing
• Behavior sensing
Home- and professional-use
HCB digital blood pressure monitors,
Healthcare body composition analyzers,
Business thermometers, pedometers,
nebulizers, patient monitors,
cardiovascular screening monitors
Sensing
• Displacement and measurement sensing
• Temperature control
• Machine control
• Vision sensing
Proximity/photoelectric/vision sensors, PLCs,
temperature controllers, machine safeguarding
equipment, inspection systems
© Omron Corporation
&
Control
Consolidated subsidiaries
154
Affiliates accounted for by
the equity method
14
(as of June 30, 2011)
33
Notes
1. The consolidated statements of Omron Corporation (the
Company) are prepared in accordance with U.S. GAAP.
2. Projected results and future developments are based on
information available to the Company at the current time, as well
as certain assumptions judged by the Company to be reasonable.
Various factors could cause actual results to differ materially from
these projections. Major factors influencing Omron's actual
results include, but are not limited to, (i) economic conditions
affecting the Company's businesses in Japan and overseas, (ii)
demand trends for the Company's products and services, (iii) the
ability of the Company to develop new technologies and products,
(iv) major changes in the fundraising environment, (v) tie-ups or
cooperative relationships with other companies, (vi) movements
in currency exchange rates and stock markets, and (vii) accidents
and natural disasters.
OmronCorporation
Corporation
©©Omron
Contact:
Investor Relations Department
Investor Relations Headquarters
Omron Corporation
Phone : +81-3-6718-3421
E-mail : [email protected]
Website (English) : www.omron.com
34