Fact Book 2015 PDF 197kb

OMRON CORPORATION FINANCIAL FACT BOOK 2015
CONTENTS
Sales Data
Net Sales
Sales Composition
Sales by Region
Profit Data
Gross Profit, Gross Profit / Net Sales
Cost Composition, Operating Income / Net Sales
Operating Income by Sgment
SG&A Expenses / Net Sales, R&D Expenses / Net Sales
Net Income (Loss) Attributable to Shareholders / Net Sales
Number of Employees, Net Sales per Employee
Earnings per Share (EPS), Price-Earnings Ratio (PER)
Financial Statement Related Ratios
Current Ratio, Working Capital
Total Assets, Total Assets Turnover
Inventory, Inventory Turnover
Property, Plant & Equipment,
Property, Plant & Equipment Turnover
Capital Expenditures, Depreciation & Amortization
Cash Flows per Share
Net Income (Loss) Attributable to Shareholders, Return on Invested Capital (ROIC)
Net Income (Loss) Attributable to Shareholders, Return on Shareholders’ Equity (ROE)
Shareholders’ Equity, Shareholders’ Equity / Total Assets
Shareholders’ Equity per Share, Price Book-Value Ratio (PBR)
Shareholder Return
Dividends, Dividend Payout Ratio
Treasury Stock at End of Term, Acquisition and Cancellation
Financial Statements
Consolidated Statements of Income (Loss)
(with transfer of substitutional portion of employees’ pension fund stated separately)
Consolidated Balance Sheets
Consolidated Statements of Cash Flows
＊Name of Business Segments＊
IAB: Industrial Automation Business
EMC: Electronic & Mechanical Components Business
AEC: Automotive Electronic Components Business
SSB: Social Systems, Solutions & Service Business
HCB: Healthcare Business
Other: Environmental Solutions, Backlights, Electronic Systems & Equipments, Micro Devices
Page
P.1
P.2
P.3
P.4
P.5
P.6
P.7
P.8
P.9
P.10
P.11
P.12
P.13
P.14
P.15-16
P.17-18
＊Definition of Region ＊
Americas: North, Central, and South America
Europe: Europe, Russia, Africa, the Middle East
Asia Pacific: Southeast Asia, South Korea, India, Oceania
Greater China: China, Taiwan, Hong Kong
Notes：
１．　The financial statements are prepared in accordance with U.S. GAAP standards. Figures have been calculated on a consolidated basis for the years ended March 31.
２．　Refer to respective Integrated Reports (website) for audited figures. URL: http://www.omron.com/ir/irlib/annual.html
３．　Data might be revised according to alterations to accounting standards.
４．　The profit or loss (excluding the balance of obligation settled) recognized on the transfer of employee pension fund liabilities in fiscal 2005 is not included
in any of “cost of sales,” “selling, general and administrative expenses” and “research and development expenses” to enable an easy comparison with
previous fiscal years. It is assumed that this profit or loss is allocated in one lump sum.
Net Sales
（Millions of Yen）
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Net Sales
＜Net Sales＞
(Fiscal Year)
Net Sales
Change (Y/Y)
OMRON Corp.
（Millions of Yen）
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
616,002
+2.9%
723,866
+17.5%
762,985
+5.4%
627,190
-17.8%
524,694
-16.3%
617,825
+17.7%
619,461
+0.3%
650,461
+5.0%
772,966
+18.8%
847,252
+9.6%
1
Sales Data
Sales Composition
（Millions of Yen）
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
2005
＜Sales Composition ＞
(Fiscal Year)
Industrial Automation Business
(IAB)
2006
2007
2008
Industrial Automatio n Business (IAB)
Automotiv e Electronic Components Business (AEC)
Healt hcare Business (HCB)
Eliminations and Corporate
2009
2010
2011
2012
2013
2014
Electronic and Mechanical Components Business (EMC)
Social Systems, Solution and Service Business (SSB)
Other
（Millions of Yen）
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
272,657
316,812
339,161
271,204
203,917
271,894
270,835
262,983
291,739
331,840
44.3%
43.8%
44.5%
43.2%
38.9%
44.0%
43.7%
40.4%
37.7%
39.2%
Electronic and Mechanical Components Business
(EMC)
97,699
96,240
100,668
76,494
70,717
81,216
83,002
84,107
97,699
103,946
15.9%
13.3%
13.2%
12.2%
13.5%
13.1%
13.4%
12.9%
12.6%
12.3%
Automotive Electronic Components Business
(AEC)
77,593
93,321
107,521
82,109
75,163
84,259
85,027
97,643
126,620
137,883
12.6%
12.9%
14.1%
13.1%
14.3%
13.6%
13.7%
15.0%
16.4%
16.3%
Social Systems, Solution and Service Business
(SSB)
91,804
98,707
76,876
72,336
57,981
63,846
57,200
68,754
82,695
80,410
14.9%
13.6%
10.1%
11.5%
11.1%
10.3%
9.2%
10.6%
10.7%
9.5%
Healthcare Business
(HCB)
61,090
65,731
71,706
63,592
63,359
60,629
62,446
71,520
89,275
100,615
9.9%
9.1%
9.4%
10.1%
12.1%
9.8%
10.1%
11.0%
11.5%
11.9%
15,159
44,604
56,841
50,989
43,592
49,672
53,535
59,240
78,949
87,382
2.5%
6.2%
7.4%
8.1%
8.3%
8.0%
8.6%
9.1%
10.2%
10.3%
-
8,451
10,212
10,466
9,965
6,309
7,416
6,214
5,989
5,176
616,002
1.2%
723,866
1.3%
762,985
1.7%
627,190
1.9%
524,694
1.0%
617,825
1.2%
619,461
1.0%
650,461
0.8%
772,966
0.6%
847,252
Other
Eliminations and Corporate
Total
Notes: 1.In fiscal 2005, “Other” includes “Eliminations and Corporate.”
2. From fiscal 2009, the Companies adopted ASC No. 280, “Segment Reporting.” The figures for fiscal 2006 through 2008 have been restated to conform with
the current year presentation.
3. Starting with fiscal 2010, the PV inverter business in the “Industrial Automation Business” was transferred to “Other.” The figures for fiscal 2006 through 2009
have been restated to conform with the current year presentation.
4. From fiscal 2013, certain operations previously included in EMC have been included in IAB following a change in management categorizations.
Accordingly, information figures about IAB and EMC for fiscal year 2009 through 2012 have been restaed to reflect this change.
OMRON Corp.
2
Sales Data
Sales by Region
（Millions of Yen）
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
2005
Japan
2006
2007
Americas
Europe
2008
Asia Pacific
2009
2010
2011
2012
2013
Greater China
＜Sales by Region＞
(Fiscal Year)
Japan
Americas
Europe
Asia Pacific
Greater China
Total
OMRON Corp.
2014
（Millions of Yen）
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
359,886
58.4%
79,686
12.9%
98,957
16.1%
35,745
5.8%
41,728
6.8%
616,002
399,357
55.2%
97,989
13.5%
116,352
16.1%
40,733
5.6%
69,435
9.6%
723,866
388,586
50.9%
101,884
13.4%
134,389
17.6%
46,659
6.1%
91,467
12.0%
762,985
328,063
52.3%
80,397
12.8%
103,128
16.4%
40,360
6.4%
75,242
12.0%
627,190
269,143
51.3%
61,154
11.7%
77,607
14.8%
39,654
7.6%
77,136
14.7%
524,694
311,906
50.5%
74,397
12.0%
84,511
13.7%
49,999
8.1%
97,012
15.7%
617,825
307,649
49.7%
74,820
12.1%
83,561
13.5%
52,357
8.5%
101,074
16.3%
619,461
328,470
50.5%
80,427
12.4%
80,453
12.4%
54,828
8.4%
106,283
16.3%
650,461
356,342
46.1%
100,992
13.1%
100,929
13.1%
72,259
9.3%
142,444
18.4%
772,966
351,321
41.5%
123,496
14.6%
108,427
12.8%
83,054
9.8%
180,954
21.4%
847,252
3
Sales Data
Gross Profit,
Gross Profit / Net Sales
Cost Composition,
Operating Income / Net Sales
（Millions of Yen）
（Millions of Yen）
900,000
18%
750,000
15%
30%
600,000
12%
250,000
25%
450,000
9%
200,000
20%
150,000
15%
300,000
6%
100,000
10%
150,000
3%
50,000
5%
0
0%
450,000
45%
400,000
40%
350,000
35%
300,000
0
0%
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Cost of Sales
R&D Expenses
Operating Income / Net Sales
Gross Profit
Gross Profit / Net Sales
＜Gross Profit, Gross Profit / Net Sales＞
(Fiscal Year)
2005
Gross Profit
Net Sales
Gross Profit / Net Sales
248,642
616,002
40.4%
（Millions of Yen）
2006
2007
2008
2009
2010
2011
2012
2013
2014
278,241
723,866
38.4%
293,342
762,985
38.4%
218,522
627,190
34.8%
184,342
524,694
35.1%
231,702
617,825
37.5%
227,887
619,461
36.8%
241,507
650,461
37.1%
297,208
772,966
38.5%
332,607
847,252
39.3%
＜Cost Composition, Operating Income / Net Sales＞
(Fiscal Year)
2005
2006
Net Sales
Cost of Sales
SG&A Expenses
R&D Expenses
Transfer of Substitutional Portion of
Employees’ Pension Fund
Operating Income
Operating Income / Net Sales
OMRON Corp.
SG&A Expenses
Operating Income
（Millions of Yen）
2007
2008
2009
2010
2011
2012
2013
2014
616,002
367,360
149,274
50,501
723,866
445,625
164,167
52,028
762,985
469,643
176,569
51,520
627,190
408,668
164,284
48,899
524,694
340,352
133,426
37,842
617,825
386,123
142,365
41,300
619,461
391,574
145,662
42,089
650,461
408,954
152,676
43,488
772,966
475,758
181,225
47,928
847,252
514,645
198,103
47,913
(11,915)
-
-
-
-
-
-
-
-
60,782
9.9%
62,046
8.6%
65,253
8.6%
5,339
0.9%
4
13,074
2.5%
48,037
7.8%
40,136
6.5%
45,343
7.0%
-
68,055
8.8%
86,591
10.2%
Profit Data
Operating Income by Segment
（Millions of Yen）
100,000
80,000
60,000
40,000
20,000
0
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
-20,000
-40,000
Industrial Automatio n Busin ess (IAB)
Automotiv e Electronic Components Business (AEC)
Healt hcare Business (HCB)
Eliminations and Corporate
Electronic and Mechanical Components Business (EMC)
Social Systems, Solution and Service Business (SSB)
Other
＜Operating Income by Segment ＞
（Millions of Yen）
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Industrial Automation Business
(IAB)
41,934
48,502
51,928
18,175
14,644
41,083
35,354
31,349
38,755
54,617
Electronic and Mechanical Components Business
(EMC)
11,190
13,083
12,642
4,223
4,788
8,959
5,114
4,351
8,655
10,168
Automotive Electronic Components Business
(AEC)
(1,963)
(1,229)
1,408
(7,115)
1,731
4,162
2,691
5,009
9,084
9,230
Social Systems, Solution and Service Business
(SSB)
4,433
8,070
7,042
5,194
2,654
1,653
98
2,915
5,552
4,993
Healthcare Business
(HCB)
8,652
8,690
9,405
4,767
7,055
4,078
2,918
4,407
7,545
6,511
(3,464)
431
87
(7,318)
(5,822)
(4,659)
(3,553)
2,526
8,676
8,366
(15,501)
(17,259)
(12,587)
(11,976)
(7,239)
(2,486)
(5,214)
(10,212)
(7,294)
62,046
65,253
5,339
13,074
48,037
40,136
45,343
68,055
86,591
(Fiscal Year)
Other
Eliminations and Corporate
Total
60,782
Notes: 1.In fiscal 2005, “Other” includes “Eliminations and Corporate.”
2. From fiscal 2009, the Companies adopted ASC No. 280, “Segment Reporting.” The figures for fiscal 2006 through 2008 have been restated to conform with
the current year presentation.
3. Starting with fiscal 2010, the PV inverter business in the “Industrial Automation Business” was transferred to “Other.” The figures for fiscal 2006 through 2009
have been restated to conform with the current year presentation.
4. From fiscal 2013, certain operations previously included in EMC have been included in IAB following a change in management categorizations.
Accordingly, information figures about IAB and EMC for fiscal year 2009 through 2012 have been restaed to reflect this change.
OMRON Corp.
5
Profit Data
SG&A Expenses / Net Sales,
R&D Expenses / Net Sales
Net Income (Loss) Attributable to Shareholders / Net Sales
（Millions of Yen）
（Millions of Yen）
300,000
30%
250,000
25%
200,000
20%
150,000
15%
80,000
8%
60,000
6%
40,000
4%
20,000
2%
0
0%
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
100,000
10%
-20,000
-2%
50,000
5%
-40,000
-4%
0%
-60,000
-6%
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Net Income (Loss) before Taxes
SG&A Expenses
R&D Expenses
SG&A Expenses / Net Sales
R&D Expenses / Net Sales
Net Income (Loss) Attributable to Shareholders / Net Sales
＜SG&A Expenses / Net Sales, R&D Expenses / Net Sales＞
(Fiscal Year)
2005
2006
2007
（Millions of Yen）
2008
2009
2010
2011
2012
2013
2014
176,569
51,520
762,985
23.1%
6.7%
164,284
48,899
627,190
26.2%
7.7%
133,426
37,842
524,694
25.4%
7.2%
142,365
41,300
617,825
23.0%
6.7%
145,662
42,089
619,461
23.5%
6.8%
152,676
43,488
650,461
23.4%
6.7%
181,225
47,928
772,966
23.5%
6.2%
198,103
47,913
847,252
23.4%
5.7%
＜Net Income (Loss) Attributable to Shareholders / Net Sales＞
(Fiscal Year)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
SG&A Expenses
R&D Expenses
Net Sales
SG&A Expenses / Net Sales
R&D Expenses / Net Sales
Net Income (Loss) Attributable to
Shareholders
Net Sales
Net Income (Loss) Attributable to
Shareholders / Net Sales
OMRON Corp.
149,274
50,501
616,002
24.2%
8.2%
164,167
52,028
723,866
22.7%
7.2%
（Millions of Yen）
35,763
38,280
42,383
(29,172)
3,518
26,782
16,389
30,203
46,185
62,170
616,002
723,866
762,985
627,190
524,694
617,825
619,461
650,461
772,966
847,252
5.8%
5.3%
5.6%
-4.7%
0.7%
4.3%
2.6%
4.6%
6.0%
7.3%
6
Profit Data
Number of Employees,
Net Sales per Employee
Earnings per Share (EPS),
Price-Earnings Ratio (PER)
（Persons）
(Millions of Yen)
40,000
40
30,000
30
20
20,000
10
10,000
(Times)
300
150
250
125
200
100
150
75
100
50
50
25
0
0
0
(Yen)
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings per Share (EPS)
Number of Employees
Net Sales per Employee
Price-Earnings Ratio (PER), (Times)
＜Number of Employees, Net Sales per Employee ＞
(Fiscal Year)
2005
2006
Number of Employees
Net Sales
Net Sales per Employee
27,408
616,002
22.5
32,456
723,866
22.3
（Millions of Yen）
2007
2008
2009
2010
2011
2012
2013
2014
35,426
762,985
21.5
32,583
627,190
19.2
36,299
524,694
14.5
35,684
617,825
17.2
35,992
619,461
17.2
35,411
650,461
18.4
36,842
772,966
21.0
37,572
847,252
22.6
＜Earnings per Share (EPS), Price-Earnings Ratio (PER)＞
(Fiscal Year)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Earnings per Share (EPS)
Stock Price
Price-Earnings Ratio (PER), (Times)
185.8
2,045
11.0
1,157
-
16.0
2,170
135.8
121.7
2,338
19.2
74.5
1,780
23.9
137.2
2,320
16.9
209.8
4,260
20.3
283.9
5,420
19.1
151.1
3,380
22.4
164.9
3,170
19.2
（Yen）
Notes: 1. Earnings per Share is based on the number of share equivalents with a dilutive effect.
2. PER = Fiscal Year-End Stock Price / Earnings per Share
OMRON Corp.
7
Profit Data
Current Ratio,
Working Capital
Total Assets,
Total Assets Turnover
（Millions of Yen）
（Millions of Yen）
(Times)
300,000
300%
700,000
1.4
250,000
250%
600,000
1.2
200,000
200%
500,000
1.0
150,000
150%
400,000
0.8
100,000
100%
300,000
0.6
50,000
50%
200,000
0.4
0%
100,000
0.2
0
0.0
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Total Assets
Total Assets Turnover (Times)
Working
Capital
＜Current Ratio, Working Capital＞
3E/2006
Current Assets
Current Liabilities
Working Capital
Current Ratio
292,313
155,660
136,653
187.8%
（Millions of Yen）
3E/2007
3E/2008
3E/2009
3E/2010
3E/2011
3E/2012
3E/2013
3E/2014
3E/2015
342,059
188,860
153,199
181.1%
330,054
177,069
152,985
186.4%
275,991
135,038
140,953
204.4%
285,758
155,562
130,196
183.7%
327,890
181,432
146,458
180.7%
308,097
152,896
155,201
201.5%
333,694
145,701
187,993
229.0%
396,493
162,707
233,786
243.7%
434,096
176,762
257,334
245.6%
2006
2007
2008
2009
2010
2011
2012
2013
2014
609,699
723,866
1.2
623,852
762,985
1.2
577,824
627,190
1.1
535,267
524,694
1.0
547,522
617,825
1.1
550,057
619,461
1.1
555,480
650,461
1.2
614,171
772,966
1.3
682,858
847,252
1.2
Notes: 1. Current Ratio = Current Assets / Current Liabilities
2. Working Capital = Current Assets - Current Liabilities
＜Total Assets, Total Assets Turnover＞
(Fiscal Year)
2005
Total Assets
Net Sales
Total Assets Turnover (Times)
587,245
616,002
1.0
（Millions of Yen）
Notes: 1. Total Assets is based on the average of the beginning and end of each fiscal year.
2. Total Assets Turnover = Net Sales / Total Assets
OMRON Corp.
8
Financial Statement Related Ratios
Inventory,
Inventory Turnover
Property, Plant & Equipment,
Property, Plant & Equipment Turnover
（Millions of Yen）
(Times)
（Millions of Yen）
120,000
6.0
100,000
5.0
80,000
4.0
60,000
3.0
40,000
2.0
20,000
1.0
0
0.0
(Times)
200,000
8.0
150,000
6.0
100,000
4.0
50,000
2.0
0
0.0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Property, Plant & Equipment
Inventory
Inventory Turnover (Times)
＜Inventory, Inventory Turnover＞
（Millions of Yen）
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
71,772
367,360
5.1
84,534
445,625
5.3
94,617
469,643
5.0
89,917
408,668
4.5
81,182
340,352
4.2
81,903
386,123
4.7
89,202
391,574
4.4
91,633
408,954
4.5
94,345
475,758
5.0
106,849
514,645
4.8
＜Property, Plant & Equipment, Property, Plant & Equipment Turnover＞
(Fiscal Year)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
127,765
524,694
4.1
121,496
617,825
5.1
120,352
619,461
5.1
123,771
650,461
5.3
131,201
772,966
5.9
143,509
847,252
5.9
(Fiscal Year)
Inventory
Cost of Sales
Inventory Turnover (Times)
Notes: 1. Inventory is based on the average of the beginning and end of each fiscal year.
2. Inventory Turnover = Cost of Sales / Inventory
Property, Plant & Equipment
Net Sales
Property, Plant & Equipment Turnover (Times)
161,153
616,002
3.8
163,466
723,866
4.4
155,996
762,985
4.9
142,606
627,190
4.4
（Millions of Yen）
Notes: 1. Property, Plant & Equipment is based on the average of the beginning and end of each fiscal year.
2. Property, Plant & Equipment Turnover = Net Sales / Property, Plant & Equipment
OMRON Corp.
9
Financial Statement Related Ratios
Capital Expenditures,
Depreciation & Amortization
Cash Flows per Share
（Millions of Yen）
(Yen)
50,000
500
40,000
400
30,000
300
20,000
200
10,000
100
0
2005
2006
2007
2008
2009
2010
2011
2012
2013
0
2014
2005
Capital Expenditures
Depreciation & Amortization
2007
2008
2009
2010
2011
Cash Flows
Number of Shares (Shares)
Cash Flows per Share (Yen)
2013
2014
（Millions of Yen）
2007
2008
2009
2010
2011
2012
2013
2014
40,560
30,825
44,447
33,922
37,072
36,343
36,844
33,496
19,524
27,014
23,192
22,984
28,341
22,617
28,285
22,452
33,653
25,089
38,143
28,339
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
66,588
72,202
78,726
4,324
30,532
49,766
39,006
52,655
71,274
90,509
＜Cash Flows per Share＞
(Fiscal Year)
2012
Cash Flows per Share (Yen)
＜Capital Expenditures, Depreciation & Amortization＞
(Fiscal Year)
2005
2006
Capital Expenditures
Depreciation & Amortization
2006
（Millions of Yen）
234,444,765 230,521,530 221,679,808 220,162,428 220,155,078 220,088,828 220,129,633 220,128,465 220,089,329 217,253,405
284
313
355
20
139
226
177
239
324
417
Notes: 1. Cash Flows = Net Income (Loss) Attributable to Shareholders + Depreciation & Amortization
2. Number of Shares = Stock Outstanding at End of Term – Treasury Stock at End of Term
OMRON Corp.
10
Financial Statement Related Ratios
Net Income (Loss) Attributable to Shareholders,
Return on Invested Capital (ROIC)
Net Income (Loss) Attributable to Shareholders,
Return on Shareholders’ Equity (ROE)
（Millions of Yen）
（Millions of Yen）
80,000
20%
80,000
20%
60,000
15%
60,000
15%
40,000
10%
40,000
10%
20,000
5%
20,000
5%
0%
0
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
0%
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
-20,000
-5%
-20,000
-5%
-40,000
-10%
-40,000
-10%
Net Income (Loss) Attributable to Shareholders
Return on Invested Capital (ROIC)
Net Income (Loss) Attributable to Shareholders
Return on Shareholders’ Equity (ROE)
＜Net Income (Loss) Attributable to Shareholders, Return on Invested Capital (ROIC)＞
(Fiscal Year)
2005
2006
2007
2008
2009
Net Income (Loss) Attributable to Shareholders
Invested Capital
Return on Invested Capital (ROIC)
35,763
353,580
10.1%
38,280
388,603
9.9%
42,383
409,043
10.4%
(29,172)
383,342
-7.6%
3,518
349,921
1.0%
（Millions of Yen）
2010
2011
2012
2013
2014
26,782
344,866
7.8%
16,389
341,919
4.8%
30,203
351,449
8.6%
46,185
408,310
11.3%
62,170
465,004
13.4%
Notes: 1. Invested Capital is based on the average of previous fiscal year-end result and quarterly forecast of current fiscal year.
2. Invested Capital = Net Assets + Interesting - Bearing Debt
3. Return on Invested Capital = Net Income (Loss) Attributable to Shareholders / Invested capital
＜Net Income (Loss) Attributable to Shareholders, Return on Shareholders’ Equity (ROE)＞
(Fiscal Year)
2005
2006
2007
2008
2009
Net Income (Loss) Attributable to Shareholders
Shareholders’ Equity
Return on Shareholders’ Equity (ROE)
35,763
334,374
10.7%
38,280
372,880
10.3%
42,383
375,662
11.3%
(29,172)
333,457
-8.7%
3,518
302,369
1.2%
（Millions of Yen）
2010
2011
2012
2013
2014
26,782
309,540
8.7%
16,389
316,797
5.2%
30,203
343,901
8.8%
46,185
398,736
11.6%
62,170
460,139
13.5%
Notes: 1. Shareholders’ Equity is based on the average of the beginning and end of each year.
2. Return on Shareholders’ Equity = Net Income (Loss) Attributable to Shareholders / Shareholders’ Equity
OMRON Corp.
11
Financial Statement Related Ratios
Shareholders’ Equity,
Shareholders’ Equity / Total Assets
Shareholders’ Equity per Share,
Price Book-Value Ratio (PBR)
（Millions of Yen）
(Times)
(Yen)
500,000
100%
2,500
2.5
400,000
80%
2,000
2.0
300,000
60%
1,500
1.5
200,000
40%
1,000
1.0
100,000
20%
500
0.5
0
0.0
0%
0
Shareholders’ Equity per Share
Price Book-Value Ratio (PBR) (Times)
Shareholders’ Equity
Shareholders’ Equity / Total Assets
＜Shareholders’ Equity, Shareholders’ Equity / Total Assets＞
3E/2006
3E/2007
3E/2008
Debt
Debt / Shareholders’ Equity Ratio
Shareholders’ Equity
Total Assets
Shareholders’ Equity / Total Assets
226,124
0.62
362,937
589,061
61.6%
247,515
0.65
382,822
630,337
60.7%
248,865
0.68
368,502
617,367
59.7%
（Millions of Yen）
3E/2009
3E/2010
3E/2011
3E/2012
3E/2013
3E/2014
3E/2015
238,299
0.80
298,411
538,280
55.4%
225,119
0.73
306,327
532,254
57.6%
249,138
0.80
312,753
562,790
55.6%
215,643
0.67
320,840
537,323
59.7%
204,874
0.56
366,962
573,637
64.0%
221,926
0.52
430,509
654,704
65.8%
218,917
0.45
489,769
711,011
68.9%
Note: Debt / Shareholders’ Equity Ratio = Debt / Shareholders’ Equity
＜Shareholders’ Equity per Share, Price Book-Value Ratio (PBR)＞
3E/2006
3E/2007
3E/2008
3E/2009
Number of Shares (Shares)
Shareholders’ Equity per Share
Stock Price
（Yen）
3E/2010
1,548
3,380
2.2
1,661
3,170
1.9
1,662
2,045
1.2
1,355
1,157
0.9
1,391
2,170
1.6
Price Book-Value Ratio (PBR) (Times)
Notes: 1. Number of Shares = Stock Outstanding at End of Term – Treasury Stock at End of Term
2. Shareholders’ Equity per Share is based on the number of shares outstanding at the end of period.
3. Price Book-Value Ratio (PBR) = Fiscal Year-End Stock Price / Shareholders’ Equity per Share
OMRON Corp.
3E/2011
3E/2012
3E/2013
3E/2014
3E/2015
234,444,765 230,521,530 221,679,808 220,162,428 220,155,078 220,088,828 220,129,633 220,128,465 220,089,329 217,253,405
12
1,421
2,338
1.6
1,458
1,780
1.2
1,667
2,320
1.4
1,956
4,260
2.2
2,254
5,420
2.4
Financial Statement Related Ratios
Dividends,
Dividend Payout Ratio
Treasury Stock at End of Term,
Acquisition and Cancellation
(Million Shares)
(Yen)
80
120%
25
70
105%
20
60
90%
15
50
75%
10
40
60%
5
30
45%
0
20
30%
10
15%
0
0%
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
-5
-10
-15
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Acquisition of Treasury Stock
Cancellation of Treasury Stock
Treasury Stock at End of Term
Dividends
Dividend Payout Ratio
＜Dividends, Dividend Payout Ratio＞
（Yen）
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
30
19.9%
34
20.6%
42
22.6%
25
17
106.4%
30
24.7%
28
37.6%
37
27.0%
53
25.3%
71
25.0%
＜Treasury Stock at End of Term, Acquisition and Cancellation＞
(Fiscal Year)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Acquisition of Treasury Stock
Cancellation of Treasury Stock
Treasury Stock at End of Term
Stock Outstanding at End of Term
Treasury Stock Ratio
7.9%
(Fiscal Year)
Dividends
Dividend Payout Ratio
-
Notes: 1. Dividends for fiscal 2007 include a commemorative dividend of ¥5.0.
2. Dividends for fiscal 2012 include a commemorative dividend of ¥5.0.
3,575,016
3,968,235
8,841,722
1,517,380
7,350
66,250
(40,805)
1,168
39,136
2,835,924
(10,000,000)
(12,000,000)
(9,723,500)
14,631,607
18,599,842
17,441,564
18,958,944
18,966,294
19,032,544
18,991,739
6,992,907
7,032,043
144,467
249,121,372 249,121,372 239,121,372 239,121,372 239,121,372 239,121,372 239,121,372 227,121,372 227,121,372 217,397,872
5.9%
7.5%
7.3%
7.9%
8.0%
7.9%
3.1%
3.1%
0.1%
Note: Treasury Stock Ratio = Treasury Stock at End of Term / Stock Outstanding at End of Term
OMRON Corp.
13
Shareholder Return
Consolidated Statements of Income (Loss)
(with transfer of substitutional portion of employees’ pension fund stated separately)
（Millions of Yen）
(Fiscal Year)
Net Sales
Costs and Expenses
Gross Profit
Selling, General and Administrative Expenses
Research and Development Expenses
Transfer of Substitutional Portion of Employees’ Pension Fund
Operating Income
Other Expenses (Income), net
Income (Loss) before Income Taxes
Income Taxes
Cumulative Effect of Accounting Changes
Minority Interests
Equity in Loss (Gain) of Affiliates
Net income
Net Income (Loss) Attributable to Noncontrolling Interests
Net Income from Discontinued Operations
Net Income (Loss) Attributable to Shareholders
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
616,002
367,360
248,642
149,274
50,501
(11,915)
60,782
(2,231)
63,013
26,701
1,201
150
34,961
802
35,763
723,866
445,625
278,241
164,167
52,028
62,046
(2,233)
64,279
25,595
238
1,352
37,094
1,186
38,280
762,985
469,643
293,342
176,569
51,520
65,253
1,087
64,166
24,272
217
348
39,329
3,054
42,383
627,190
408,668
218,522
164,284
48,899
5,339
44,472
(39,133)
(10,495)
(277)
811
(29,172)
(29,172)
524,694
340,352
184,342
133,426
37,842
13,074
2,879
10,195
3,782
2,792
3,621
103
3,518
617,825
386,123
231,702
142,365
41,300
48,037
6,344
41,693
14,487
190
27,016
234
26,782
619,461
391,574
227,887
145,662
42,089
40,136
6,589
33,547
17,826
(631)
16,352
(37)
16,389
650,461
408,954
241,507
152,676
43,488
45,343
4,106
41,237
14,096
(2,976)
30,117
(86)
30,203
772,966
475,758
297,208
181,225
47,928
68,055
6,048
62,007
19,475
(3,782)
46,314
129
46,185
847,252
514,645
332,607
198,103
47,913
86,591
(797)
87,388
28,893
(3,937)
62,432
262
62,170
151.1
151.1
30.0
165.0
164.9
34.0
185.9
185.8
42.0
(132.2)
25.0
16.0
16.0
17.0
121.7
121.7
30.0
74.5
74.5
28.0
137.2
137.2
37.0
209.8
209.8
53.0
（Yen）
＜Per Share Data＞
Net Income (Loss) Attributable to Shareholders per Share (Basic)
Net Income Attributable to Shareholders per Share (Diluted)
Cash Dividends per Share Applicable to Period
OMRON Corp.
14
283.9
283.9
71.0
Financial Statements
Consolidated Balance Sheets
（Millions of Yen）
3E/2006 3E/2007 3E/2008 3E/2009 3E/2010 3E/2011 3E/2012 3E/2013 3E/2014 3E/2015
（Assets）
Current Assets
Cash and Cash Equivalents
Notes and Accounts Receivable-Trade
Allowance for Doubtful Receivables
Inventory
Deferred Income Taxes
Other Current Assets
Property, Plant and Equipment
Land
Buildings
Machinery and Equipment
Construction in Progress
Accumulated Depreciation
Investments and Other Assets
Investments in and Advances to Affiliates
Investment Securities
Leasehold Deposits
Deferred Income Taxes
Other Assets
Total Assets
OMRON Corp.
292,313 342,059 330,054 275,991 285,758 327,890 308,097 333,694 396,493 434,096
52,285
42,995
40,624
46,631
51,726
74,735
45,257
55,708
90,251 102,622
139,001 175,700 166,878 113,551 126,250 137,531 143,304 158,911 174,216 178,775
(2,653)
(2,297)
(2,211)
(2,562)
(2,531)
(2,230)
(2,205)
(1,988)
(1,812)
(1,624)
74,958
94,109
95,125
84,708
77,655
86,151
92,253
91,013
97,677 116,020
18,571
19,985
19,690
16,522
19,988
20,183
17,975
17,611
22,688
19,941
10,151
11,567
9,948
17,141
12,670
11,520
11,513
12,439
13,473
18,362
167,617 159,315 152,676 132,535 122,994 119,998 120,706 126,835 135,566 151,452
46,571
28,271
27,126
26,753
26,376
27,875
26,950
26,591
26,344
26,721
117,414 125,227 128,183 120,244 127,344 125,686 128,870 137,821 140,495 147,120
159,254 175,398 167,036 143,801 140,200 136,792 142,148 156,186 171,192 202,149
8,180
6,389
6,277
9,061
2,733
6,836
7,417
6,729
7,126
6,619
(163,802) (175,970) (175,946) (167,324) (173,659) (177,191) (184,679) (200,492) (209,591) (231,157)
129,131 128,963 134,637 129,754 123,502 114,902 108,520 113,108 122,645 125,463
16,135
16,677
16,645
15,638
13,637
13,521
14,443
17,939
21,349
24,318
62,477
46,770
39,139
31,682
38,556
35,694
36,161
38,193
51,117
57,106
8,553
8,650
8,087
7,784
7,452
7,126
7,219
6,914
6,950
6,971
15,892
17,293
28,151
53,783
45,737
42,190
34,516
30,612
20,918
6,366
26,074
39,573
42,615
20,867
18,120
16,371
16,181
19,450
22,311
30,702
589,061 630,337 617,367 538,280 532,254 562,790 537,323 573,637 654,704 711,011
15
Financial Statements
Consolidated Balance Sheets
（Millions of Yen）
3E/2006 3E/2007 3E/2008 3E/2009 3E/2010 3E/2011 3E/2012 3E/2013 3E/2014 3E/2015
（Liabilities）
Short-Term Debt
Notes and Accounts Payable-Trade
Accrued Expenses
Income Taxes Payable
Other Current Liabilities
Current Portion of Long-Term Debt
2,468
85,224
28,683
12,288
26,701
296
19,868
91,543
32,548
11,467
33,170
264
17,795
94,654
30,622
8,959
24,517
522
32,970
58,179
24,791
711
17,899
488
16,612
68,874
25,891
2,710
21,160
20,315
45,519
77,836
29,414
2,188
26,244
231
18,774
79,331
29,179
623
24,989
-
5,570
75,592
32,818
3,907
27,814
-
488
85,218
39,897
6,340
30,764
-
92,702
41,942
3,680
38,438
-
Long-Term Debt
Deferred Income Taxes
Termination and Retirement Benefits
Other Long-Term Liabilities
Minority Interests
Total Liabilities
1,049
673
67,046
571
1,125
226,124
1,681
2,006
52,700
830
1,438
247,515
1,492
3,887
63,536
863
2,018
248,865
21,401
941
80,443
476
238,299
1,290
886
66,964
417
225,119
849
697
65,485
675
249,138
738
60,432
1,577
215,643
595
56,944
1,634
204,874
2,167
50,683
6,369
221,926
697
30,393
11,065
218,917
Minority Interests
（Net Assets）
Shareholders’ Equity
Common Stock
Capital Surplus
Legal Reserve
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Foreign Currency Translation Adjustments
Minimum Pension Liability Adjustments
Net Unrealized Gains on Available-for-Sale Securities
Net Gains (Losses) on Derivative Instruments
Treasury Stock
Noncontrolling Interests
Total Net Assets
Total Liabilities and Shareholders’ Equity
OMRON Corp.
-
362,937
64,100
98,724
8,082
227,791
(2,971)
(1,353)
(21,183)
19,671
(106)
(32,789)
589,061
-
382,822
64,100
98,828
8,256
258,057
(3,013)
6,560
(22,169)
12,738
(142)
(43,406)
630,337
-
368,502
64,100
98,961
8,673
266,451
(28,217)
(5,782)
(29,245)
6,501
309
(41,466)
617,367
16
1,570
298,411
64,100
99,059
9,059
231,388
(60,744)
(22,319)
(40,570)
2,763
(618)
(44,451)
538,280
-
306,327
64,100
99,081
9,363
230,859
(52,614)
(23,678)
(36,553)
7,684
(67)
(44,462)
808
307,135
532,254
-
312,753
64,100
99,081
9,574
250,824
(66,227)
(34,046)
(38,736)
6,570
(15)
(44,599)
899
313,652
562,790
-
320,840
64,100
99,078
10,034
260,557
(68,433)
(36,544)
(38,815)
6,995
(69)
(44,496)
840
321,680
537,323
-
366,962
64,100
99,066
10,876
253,654
(44,349)
(14,224)
(39,730)
9,580
25
(16,385)
1,801
368,763
573,637
-
430,509
64,100
99,067
11,196
287,853
(15,162)
4,536
(38,029)
18,466
(135)
(16,545)
2,269
432,778
654,704
-
489,769
64,100
99,070
13,403
301,174
12,489
26,313
(36,486)
22,478
184
(467)
2,325
492,094
711,011
Financial Statements
Consolidated Statements of Cash Flows
（Millions of Yen）
(Fiscal Year)
Ⅰ.Operating Activities
Net Income (Loss) Attributable to Shareholders
Net Income
Adjustments to Reconcile Net Income (Loss) to
Net Cash Provided by Operating Activities
Depreciation and Amortization
Net Loss on Sales and Disposals of Property, Plant and Equipment
Loss on Impairment of Property, Plant and Equipment
Net Gain on Sale of Investment Securities
Loss on Impairment of Investment Securities
Loss on Impairment of Goodwill
Loss from Transfer of Obligation with Transfer of
Substitutional Portion of Employees’ Pension Fund
Gain on Establishment of Retirement Benefit Trust
Termination and Retirement Benefits
Deferred Income Taxes
Minority Interests
Equity in loss (gain) of affiliates
Net Gain on Sales of Business Entities
Cumulative Effect of Accounting Change
Change in Assets and Liabilities
Decrease (Increase) in Notes and
Accounts Receivable-Trade
Decrease (Increase) in Inventories
Decrease (Increase) in other Assets
Increase (Decrease) in Notes and Accounts Payable-Trade
Increase (Decrease) in Income Taxes Payable
Increase (Decrease) in Accrued Expenses and
Other Current Liabilities
Other, net
Net Cash Provided by Operating Activities
OMRON Corp.
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
35,763
-
38,280
-
42,383
-
(29,172)
-
3,621
27,016
16,352
30,117
46,314
62,432
30,825
42
(4,302)
757
-
33,923
6,445
1,441
(954)
682
-
36,343
963
168
(1,571)
2,297
-
33,496
1,983
21,203
(64)
5,401
16,813
27,014
558
217
(636)
632
-
22,984
606
413
(7)
805
-
22,617
861
671
(307)
391
2,009
22,452
578
3,265
(677)
1,086
153
25,089
1,146
804
(1,714)
501
-
28,339
3,432
137
(4,337)
166
-
(41,339)
-
-
-
-
-
-
-
-
-
29,254
3,962
150
493
(194)
1,201
(10,141)
(1,403)
3,887
238
1,352
-
(1,722)
(131)
217
348
(5,177)
-
(1,390)
(13,895)
(277)
811
-
(5,110)
(1,031)
2,792
-
(4,785)
5,374
190
-
(5,669)
9,981
(631)
-
(4,433)
3,762
(2,976)
-
(4,417)
2,170
(3,782)
-
(17,427)
11,938
(3,937)
-
(9,629)
(19,773)
4,977
47,526
(14,440)
(16,227)
(6,838)
(5,827)
(6,613)
3,384
(2,098)
(560)
7,079
(685)
(13,955)
2,248
(5,674)
(2,244)
(3,002)
644
5,305
(2,663)
5,776
(7,689)
(34,046)
(8,044)
4,977
4,457
13,298
1,995
(12,174)
1,048
9,301
(453)
(6,538)
(483)
682
(1,562)
8,641
21
(5,927)
3,121
(325)
(32)
5,824
2,277
(10,671)
(2,828)
1,658
(3,127)
1,411
6,480
(10,846)
(8,290)
4,554
8,383
(431)
51,699
(293)
40,539
463
68,996
1,266
31,408
(139)
42,759
(518)
41,956
17
388
22
31,946
1,519
10,883
6,318
(1,817)
53,058
919
79,044
1,580
77,057
Financial Statements
Consolidated Statements of Cash Flows
（Millions of Yen）
(Fiscal Year)
2005
2006
2007
2008
2009
2010
2011
109
-
693
(911)
2012
2013
2014
1,658
-
2,840
(2,179)
5,274
(603)
-
-
-
Ⅱ.Investing Activities
Proceeds from Sales of Maturities of Investment Securities
Purchase of Investment Securities
Net Proceeds (Purchase) of Short-Term
Investments and Investment Securities
Capital Expenditures
Decrease (Increase) in Leasehold Deposits
Proceeds from Sales of Property, Plant and Equipment
Equity Transaction with Noncontrolling Interests
Decrease (Increase) in Investment in and Loans to Affiliates
Payment for Acquisition of Business, Net
Proceeds from Sale of Business, Net
Other, net
Net Cash Used in Investing Activities
-
-
-
1,004
(15)
(465)
(3,501)
(4,409)
-
(40,560)
161
1,981
(200)
251
(9,645)
(544)
(43,020)
(44,689)
(9)
17,930
(15)
(1,189)
(18,638)
(47,075)
(37,848)
417
5,038
(850)
(8,026)
8,089
(36,681)
(37,477)
228
1,046
(16)
(40,628)
(20,792)
335
1,490
(106)
(931)
431
(18,584)
(21,647)
276
1,066
20
(34)
(20,210)
(27,502)
(101)
2,307
(480)
(1,012)
520
(26,486)
(30,383)
457
836
(10)
(1,884)
141
90
624
(28,471)
(32,218)
75
794
209
(672)
26
(31,125)
(37,123)
118
768
(30)
(8,003)
82
(39,517)
(11,813)
318
(11,012)
(6,218)
(10,075)
3
477
(38,320)
13,812
242
(455)
(7,689)
(11,204)
3
594
(4,697)
(3,523)
28
(772)
(8,259)
(22,348)
7
386
(34,481)
15,291
20,000
(916)
(9,520)
(2,995)
7
21,867
(16,282)
305
(524)
(3,083)
(762)
(13)
1
(20,358)
29,052
2
(20,299)
(5,285)
(140)
3
3,333
(26,744)
(6,604)
(15)
(10)
2
(121)
(33,492)
(13,273)
(6,164)
(2)
819
70
(18,550)
(5,135)
(10,566)
(161)
22
(458)
(16,298)
(853)
(12,985)
(277)
(15,054)
(134)
(29,303)
1,307
1,943
(205)
(6,640)
1,278
(2,070)
(1,446)
4,414
2,922
4,134
(28,334)
80,619
52,285
(9,290)
52,285
42,995
6,007
40,624
46,631
5,095
46,631
51,726
23,009
51,726
74,735
(29,478)
74,735
45,257
10,451
45,257
55,708
34,543
55,708
90,251
12,371
90,251
102,622
5,536
-
-
-
Ⅲ.Financing Activities
Net Borrowings (Repayments) of Short-Term Debt
Proceeds from Issuance of Long-Term Debt and Warrants
Repayments of Long-Term Debt
Dividends Paid
Dividends Paid by the Company
Dividends Paid to Noncontrolling Interests
Acquisition of Treasury Stock
Sales of Treasury Stock
Exercise of Stock Options
Proceeds from Capital Transactions with Noncontrolling Interests
Other, net
Net Cash Provided by (used in) Financing Activities
Ⅳ.Effect of Exchange Rate Change on
Cash and Cash Equivalents
Net Increase (Decrease) in Cash and Cash Equivalents
Cash and Cash Equivalents at Beginning of the Year
Cash and Cash Equivalents at End of the Year
OMRON Corp.
(2,371)
42,995
40,624
18
Financial Statements
OMRON Corporation
Investor Relations Department
Global Investor Relations & Corporate Communications Headquarters
SHINAGAWA FRONT BUILDING 7F
2-3-13, KONAN, MINATO-KU, TOKYO 108-0075 JAPAN
PHONE: +81-3-6718-3421
FAX: +81-3-6718-3429
URL: http://www.omron.com/ir/