Download full report:

The corporate governance (June 26,2008) <PDF 168kb>

OMRON's basic corporate governance policy is as follows:

1. OMRON Group Principles
   1. Corporate Core Value
      Working for the benefit of society
   2. Management Principles
      Challenging ourselves to always do better
      Innovation driven by social needs
      Respect for humanity
   3. Management Commitments
      The OMRON Group is committed to "respect for individuality and diversity," "maximum customer satisfaction," "relationship-building with shareholders," and "awareness and practice of corporate citizenship." In addition to practicing fair, highly transparent management, we seek to develop relations of mutual trust with our stakeholders through sincere dialogue.
   4. Guiding Principles for Action
      "Quality first," "Unceasing commitment to challenging ourselves," "Integrity and high ethics" and "Self-reliance and mutual support" are the guiding principles of the individuals and organizations that comprise the OMRON Group. To live up to our core value of "working for the benefit of society," each and every employee across every OMRON Group company will strive to enhance the quality of their day-to-day activities while pursuing self-development and business expansion.
2. Purpose and Philosophy of the OMRON Group´s Corporate Governance
   1. The purpose of corporate governance in the OMRON Group is to earn the support of stakeholders and realize the sustainable growth of the company by strengthening our business competitiveness, and to build and operate a mechanism (a supervisory system) that can verify this.
   2. To keep up with stakeholder expectations, we have specified one key management objective - to maximize the OMRON Group´s value in the capital market on a long-term basis. To realize efficient, competitive management, we will build an optimal management structure and conduct fair business operations, and enhance the management and oversight frameworks to verify these efforts.
3. Corporate Value-Oriented Management
   1. Separation of Management Oversight and Business Execution
      In addition to strengthening management oversight functions, we separate management oversight and business execution with the aim of agile corporate governance that can respond quickly to changes in the environment. We adopted the executive officer system and, to optimize our business operations, we also introduced an internal company system in which substantial authority is delegated to internal company presidents, which speeds up decision making and promotes more efficient business operation.
   2. Autonomous Business
      Autonomous individual business units that can specialize in creating value for customers take the initiative in conducting business. In addition, through commitment-based management we clarify roles and responsibilities and practice corporate value management based on shareholder value.
   3. Maintenance and Enhancement of the Internal Control System
      We maintain an internal control system to consistently identify internal and external risks that threaten to interfere with continuous improvement of corporate value, and implement appropriate responses.
4. Three Perspectives in Business Operations
   To ensure the proper operation of corporate value-oriented management, we will be conscious at all times of the three perspectives of fulfilling management accountability, achieving management transparency and pursuing high business ethics in order to continuously strengthen corporate governance.