OMRON Revises Fiscal 2009 Consolidated Performance Forecast


Company Name: OMRON Corporation
Representative: Hisao Sakuta,
President & CEO
Stock ticker number: 6645
Stock exchanges: Tokyo and Osaka
(First Sections)
Contact: Yoshihito Yamada,
Senior General Manager,
Corporate Strategic Planning Headquarters
Phone: +81-75-344-7175

Kyoto, Japan - Based on recent trends in business performance, OMRON Corporation (TOKYO: 6645; ADR: OMRNY) has revised its consolidated performance forecast for fiscal 2009 (April 1, 2009 to March 31, 2010), which was announced on January 28, 2010. Details are as follows:

  1. Revision to Fiscal 2009 Forecast (April 1, 2009 to March 31, 2010)
    (Millions of yen)
      Net sales Operating income Income (loss)
    before income taxes
    Net income (loss)
    Previous forecast (A)
    (Announced on January 28, 2010)
    520,000 10,000 5,500 3,000
    Revised forecast (B) 524,000 13,000 10,000 3,500
    Difference (B-A) 4,000 3,000 4,500 500
    Difference (%) 0.8% 30.0% 81.8% 16.7%
    Reference: Fiscal 2008 actual 627,190 5,339 (39,133) (29,172)

    Note: Net income (loss) is identical to net income (loss) attributable to shareholders

  2. Reasons for the Revision

    Along with robust economic conditions overseas mainly in China, Korea and the rest of Asia, the Japanese economy showed pronounced recovery trends mainly in the export sector. These conditions point to improvements in the business environment for the OMRON Group at an even greater degree than when OMRON announced its previous forecast. In particular, the upward trend of capital investment drove up sales of OMRON's control components and systems in Japan. This, combined with company-wide expense cutting efforts, has led to upward revision of the forecast for the OMRON Group's consolidated full-year results for fiscal 2009.

Note: The above forecast is based on information available to the Company at the time of this announcement. Actual results may differ materially from the forecast due to various factors.


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