OMRON Issues Notice Regarding Dividends from Retained Earnings (Year-end Dividend)


Company Name: OMRON Corporation
Representative: President & CEO
Hisao Sakuta
Stock ticker number: 6645
Stock exchanges: Tokyo, Osaka, Nagoya
(First Sections)
Contact: Hiroshi Oishi, General Manager Investor Relations Department
Phone: +81-3-3436-7170

Tokyo, Japan - The Board of Directors of OMRON Corporation (TOKYO: 6645; ADR: OMRNY) today resolved to pay a year-end dividend from retained earnings of 7.00 yen for the fiscal year ending March 31, 2009.

  1. Year-End Dividend Breakdown
      Confirmed amount Previous forecast
    (January 29, 2009)
    Fiscal 2007 actual
    (March 31, 2008)
    Term ending March 31, 2009 March 31, 2009 March 31, 2008
    Dividend per share 7.00 yen (undecided) 25.00 yen*

    * Breakdown of year-end dividend per share for fiscal 2007:
      Ordinary dividend: 20.00 yen; commemorative dividend: 5.00 yen

  2. Reason for Revision of Dividend Forecast

    OMRON's policy on shareholder return is based primarily on securing internal capital resources for investments to promote growth and in turn increase corporate value, and returning any surplus to shareholders to the maximum extent possible, taking the level of free cash flow into consideration. Specifically, OMRON aims to maintain the payout ratio at a minimum of 20% and distribute profits with a near-term DOE target of 2%.

    On January 29, 2009, OMRON announced a downward adjustment to its consolidated performance forecast for fiscal 2008 along with its third quarter results. At the time of these announcements, the year-end dividend forecast was undecided.

    OMRON remains committed to stable and uninterrupted shareholder return; however, based on the expectation that business conditions will remain severe, the Company regrets that it must cut its year-end dividend to 7 yen per share, which together with the interim dividend of 18 yen per share paid on December 4, 2008, brings the total full year dividend payout to 25 yen per share.

    Going forward OMRON will make every effort to improve its performance, and we ask for your continued support and understanding in these difficult times.

    Reference: Breakdown of Full-year Dividend for Fiscal 2008 and 2007
      Dividend per share
    Term Interim Year-end Full year
    Fiscal 2008 18.00 yen 7.00 yen
    25.00 yen
    Fiscal 2007 actual
    (ended March 31, 2008)
    17.00 yen 25.00 yen* 42.00 yen

    * Breakdown of year-end dividend per share for fiscal 2007:
      Ordinary dividend: 20.00 yen; commemorative dividend: 5.00 yen


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