PRINT

OMRON Announces Dissolution of Subsidiary

FOR IMMEDIATE RELEASEAugust 22, 2008

Company name: OMRON Corporation
President and Chief Executive Officer: Hisao Sakuta
Stock ticker number: 6645
Stock exchanges: Tokyo, Osaka, Nagoya
(First Sections)
Contact: Taeko Ogose, General Manager
Corporation Communications Department
Phone: +81-75-344-7175

OMRON Corporation (TSE: 6645, ADR: OMRNY) today decided to dissolve its subsidiary OMRON BUSINESS CONSULTANTS CO.,LTD ("OBC"). Details of the dissolution are as follows.

  1. Reason for dissolution
    OBC was established to provide management consulting services. However, because it is not expected to perform these services in the future, OMRON has decided to dissolve the company.

  2. Company profile
    1) Trading name OMRON BUSINESS CONSULTANTS CO.,LTD
    2) Headquarters Shiokoji Horikawa, Shimogyo-ku, Kyoto 600-8530 Japan
    3) Representative Masaki Haruta, President
    4) Description of business Management consulting services
    5) Date of establishment November 11, 1982
    6) Capital JPY 10 million
    7) Major shareholders and their equity participation OMRON Corporation: 100%

  3. Date of Dissolution
    September 30, 2008 (scheduled) Resolution to dissolve at extraordinary meeting of OBC shareholders
     
    January 2009 (scheduled) Completion of liquidation

  4. Forecast
    The effect of the dissolution on OMRON's consolidated and non-consolidated financial results for the fiscal year ending March 2009 will be negligible.
Get ADOBE READER

Adobe Acrobat Reader is free software that lets you view and print Adobe Portable Document Format (PDF) files.

About OMRON

Share Price Information

PAGE TOP