Long-term Corporate VisionGrand Design for the Year 2010 (GD2010)
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Grand Design 2010 (GD2010) describes the kind of company OMRON wants to be over the 10 years from 2001 to 2010 and specifies the basic policies and management strategies required to achieve this.
In line with our mission, "contributing to the development of society," we aim to maximize corporate value over the long-term and in doing so, become a truly 21st-century company.
GD2010 Vision Structure
Corporate Transformation Vision, Identity Vision, Internal Business Company Vision
GD2010 defines the direction that the OMRON Group should be heading in to effectively survive global competition. To this end, all the elements that comprise OMRON's corporate vision have been classified into those that require consistent transformation and those that should be preserved and carried over to the future. Accordingly, GD2010 is made up of three visions: (1) Corporate Transformation Vision that guides the OMRON Group in its continuing transformation so that it may effectively accommodate the changes occurring in the operating environment, (2) Identity Vision that is consistent and remains unchanged to clearly define OMRON's identity, and (3) Internal Business Company Vision that determines the development direction for each business area necessary for the OMRON Group to achieve its ideal image. -Corporate Transformation Vision, Identity Vision, Internal Business Company Vision
Management Objectives
Maximizing Corporate Value on a Long-term Basis
| Maximizing Corporate Value on a Long-term Basis | To keep up with stakeholder expectations, we have specified one key management objective - to maximize OMRON value in the capital market on a long-term basis. Offering greater added value to customers is the starting point of this endeavor. To ensure a highly rated company in the capital market, profits are realized from efficiently using the capital investments made by current investors. Companies must also demonstrate that they have the future potential to maintain profit increases on a long-term basis in order to continue attracting investors. |
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| Offering Greater Added Value to Customers | Throughout its history, OMRON has committed itself to accurately assessing changes taking place in the market and society. We have also consistently worked on exploring new social needs from a perspective of potential customer requirements.By doing so, we have succeeded in creating greater value by giving our customers 'the unexpected' by going beyond simple satisfaction. OMRON will continue refining its core strengths, 'Sensing & Control' and will remain committed to providing its customers with the greatest value possible. To meet the start of a new century we aim to work on maximizing OMRON's value. We intend to do this by correctly assessing the requirements of a new era and introducing greater customer benefits. |
| Implementing Corporate Value-focused Management that Fulfills Investor Expectations | Companies use funds invested by shareholders to carry out business activities in place of those investors. For OMRON, as a member of the global capital market, we are required to generate profits that surpass cost of capital. The capital market, mainly comprised of shareholders, naturally seeks to invest in companies capable of generating more profits. These profits are realized from efficiently using the capital investments made by current investors. Companies must also demonstrate that they have the future potential to maintain profit increases on a long-term basis in order to continue attracting investors. To ensure that OMRON is a highly rated company in the capital market, we must promote management practices that are specifically designed to maximize OMRON's value on a long-term basis. |
Indicators
By 2010, OMRON aims to maintain ROE of at least 10% and ensure continued growth
GD2010 is divided into three stages, each with its own medium-term management plan (outlined below). We have established "maintaining an ROE of at least 10% and ensuring continued growth" as an indicator of our success in meeting GD2010 goals.
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