Omron Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016
January 31, 2017 at 03:20 pm
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OMRON Corporation reported consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company’s net sales were JPY 568,687 million compared to JPY 614,013 million a year ago. Operating income was JPY 45,815 million compared to JPY 44,170 million a year ago. Net sales of the company decreased compared with the same period of the previous fiscal year, mainly due to the impact of the strong yen. Operating income, however, experienced an increase year on year. Income before income taxes was JPY 44,075 million compared to JPY 44,689 million a year ago. Net income attributable to shareholders was JPY 30,616 or JPY 143.19 per basic and diluted share, million compared to JPY 33,869 million or JPY 156.34 per basic and diluted share, a year ago. Net cash provided by operating activities was JPY 44,536 million compared to JPY 47,635 million a year ago. This result was mainly due to the recording of net income, amortization and depreciation, and other factors. Capital expenditures were JPY 16,238 million compared to JPY 27,558 million a year ago.
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 
