OMRON Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017
January 31, 2017 at 03:20 pm
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OMRON Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2017. For the year, the company now expects, net sales of JPY 780,000 million, operating income of JPY 64,000 million, income before income taxes of JPY 62,500 million, net income attributable to shareholders of JPY 44,000 million and net income per share attributable to shareholders of JPY 205.79 compared to previous guidance of net sales of JPY 765,000 million, operating income of JPY 55,000 million, income before income taxes of JPY 55,000 million, net income attributable to shareholders of JPY 40,000 million and net income per share attributable to shareholders of JPY 187.08. These revisions reflect favorable business performance for the first nine months of the year, as well as recent trends in demand and the weakening of the yen.
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 
