Published: April 18, 2010
OMRON Revises Fiscal 2009 Consolidated Performance Forecast
KYOTO, Japan - (BUSINESS WIRE) - Based on recent trends in business performance, OMRON Corporation
(TOKYO:6645)(ADR:OMRNY) has revised its consolidated performance
forecast for fiscal 2009 (April 1, 2009 to March 31, 2010), which was
announced on January 28, 2010. Details are as follows:
|
1. Revision to Fiscal 2009 Forecast (April 1, 2009 to
March 31, 2010)
|
|
(Millions of yen)
|
|
|
|
Net sales
|
|
Operating
income
|
|
Income (loss)
before income
taxes
|
|
Net
income
(loss)
|
|
Previous forecast (A)
(Announced on January 28, 2010)
|
|
520,000
|
|
10,000
|
|
5,500
|
|
3,000
|
|
Revised forecast (B)
|
|
524,000
|
|
13,000
|
|
10,000
|
|
3,500
|
|
Difference (B - A)
|
|
4,000
|
|
3,000
|
|
4,500
|
|
500
|
|
Difference (%)
|
|
0.8%
|
|
30.0%
|
|
81.8%
|
|
16.7%
|
|
Reference: Fiscal 2008 actual
|
|
627,190
|
|
5,339
|
|
(39,133)
|
|
(29,172)
|
|
Note: Net income (loss) is identical to net income (loss)
attributable to shareholders
|
2. Reasons for the Revision
Along with robust economic conditions overseas mainly in China, Korea
and the rest of Asia, the Japanese economy showed pronounced recovery
trends mainly in the export sector. These conditions point to
improvements in the business environment for the OMRON Group at an even
greater degree than when OMRON announced its previous forecast. In
particular, the upward trend of capital investment drove up sales of
OMRON's control components and systems in Japan. This, combined with
company-wide expense cutting efforts, has led to upward revision of the
forecast for the OMRON Group's consolidated full-year results for fiscal
2009.
Note: The above forecast is based on information available to the
Company at the time of this announcement. Actual results may differ
materially from the forecast due to various factors.
OMRON Corporation
Yoshihito Yamada, +81-75-344-7175
Senior
General Manager,
Corporate Strategic Planning Headquarters
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