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OMRON Revises Consolidated Performance Forecasts Announced on April 27, 2010

FOR IMMEDIATE RELEASEJuly 28, 2010

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

Tokyo, Japan - Based on recent trends in business performance, OMRON Corporation (TSE: 6645; ADR: OMRNY) has revised its consolidated performance forecasts which were announced on April 27, 2010. The details of the revision are as follows.

  1. Revision to the Cumulative Consolidated Forecast Through Second Quarter of Fiscal 2010 (April 1, 2010 - September 30, 2010)
    (Millions of yen)
      Sales Operating income Net income before taxes for the quarter Net income attributable to shareholders for the quarter Net income per share attributable to shareholders for the quarter
    Previous forecast (A)
    (Announced on April 27, 2010)
    268,000 11,000 11,500 7,000 31.80 yen
    Revised forecast (B) 300,000 22,000 21,000 13,500 61.32 yen
    Difference
    (B) - (A)
    32,000 11,000 9,500 6,500 -
    Difference (%) 11.9% 100.0% 82.6% 92.9% -
    Reference: Actual cumulative consolidated results for the first two quarters of 2009 232,371 -7,685 -9,617 -6,900 -31.34 yen

  2. Revision to the Consolidated Forecast for Fiscal 2010 (April 1, 2010 - March 31, 2011)
    (Millions of yen)
      Sales Operating income Net income before taxes Net income attributable to shareholders Net income per share attributable to shareholders
    Previous forecast (A)
    (Announced on April 27, 2010)
    580,000 33,000 33,000 20,000 90.85 yen
    Revised forecast (B) 615,000 46,000 44,500 29,500 134.00 yen
    Difference
    (B) - (A)
    35,000 13,000 11,500 9,500 -
    Difference (%) 6.0% 39.4% 34.8% 47.5% -
    Reference: Actual results for Fiscal 2009 524,694 13,074 10,195 3,518 15.98 yen

  3. Reasons for the Revision

    The Cumulative Consolidated Forecast for the First Two Quarters
    As with the 1st quarter of fiscal 2010, the 2nd quarter has been seeing a mild economic recovery in Japan and internationally, and a resultant rebound in capital investment by the manufacturing industry and other industries is expected to become an important driving force behind OMRON's business performance.

    The Consolidated Forecast for Fiscal 2010
    Although current economic uncertainty and the effects of the high value of the yen will presumably have an adverse effect on OMRON's business performance over the course of the current fiscal year, the conditions seen so far in the first and second quarters are expected to continue, and the previous consolidated performance forecast for the 2010 fiscal year has therefore been revised upwards.

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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