OMRON Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015; Provides Year-End Dividend Guidance for the Fiscal Year 2015
January 29, 2015 at 03:20 pm
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OMRON Corporation reported consolidated earnings results for the nine months ended December 31, 2014. For the period, the company reported net sales of JPY 614,269 million against JPY 552,393 million for the same period in the last year. Operating income was JPY 62,997 million against JPY 48,345 million for the same period in the last year. Income before income taxes was JPY 65,546 million against JPY 46,418 million for the same period in the last year. Net income attributable to shareholders was JPY 49,301 million or JPY 224.59 per basic and diluted share against JPY 33,947 million or JPY 154.22 per basic share for the same period in the last year. Net cash provided by operating activities was JPY 42,626 million against JPY 48,569 million for the same period in the last year. Capital expenditures were JPY 22,623 million against JPY 25,572 million for the same period in the last year.
The company expects to pay a year-end dividend of JPY 40.00 per share for the year ending March 31, 2015 against JPY 28.00 per share for the same period in the last year. Thus the total dividend would amount to JPY 71.00 per share against JPY 53.00 per share for the same period in the last year.
The company provided earnings guidance for the year ending March 31, 2015. For the period, the company expects net sales of JPY 835,000 million, operating income of JPY 84,000 million, income before income taxes of JPY 84,500 million, and net income attributable to shareholders of JPY 62,500 million or JPY 285.39 per share. For the year, the company expects capex of JPY 36 billion. The company expects growth profit margin to be 39.6%, up 1.2 percentage point's year on year. For ROE and ROIC, the company aims to achieve higher than 13%.
OMRON Corporation specializes in manufacturing and marketing industrial automation systems. Net sales break down by family of products as follows:
- industrial automation systems (56.7%): sensors, switches, programmable controllers, automatic optical inspection devices, temperature control systems, etc.;
- medical equipments (17.4%): thermometers, blood pressure monitors, etc.;
- electronic and mechanical devices and modules (14%);
- social infrastructure solutions and systems (11.5%): energy and environmental solutions, public transport automation solutions (automatic doors, automated ticket vending machines, etc.), road traffic control systems, security, payment and network protection systems, etc.;
- other (0.4%).
Net sales are distributed geographically as follows: Japan (38%), China (25.7%), Europe (15.8%), Americas (10.3%) and other (10.2%).
OMRON Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015; Provides Year-End Dividend Guidance for the Fiscal Year 2015
OMRON CORPORATION 
