OMRON Announces Difference between Forecast and Actual Results of Consolidated Business Performance for First Two Quarters of Fiscal 2014, and Revisions to Full-Year Consolidated Performance Forecast for Fiscal 2014

KYOTO, Japan -- OMRON Corporation (TOKYO: 6645; ADR: OMRNY) today announced the difference between the forecast of consolidated performance for the first two quarters of fiscal 2014 (April 1, 2014 - September 30, 2014) released on July 29 this year, and its actual results.
The consolidated full-year performance forecast for fiscal 2014 (April 1, 2014 - March 31, 2015) has also been revised upward taking into account recent trends in business performance.

1. Difference between Forecast and Actual Results of Consolidated Performance for First Two Quarters of Fiscal 2014 (April 1, 2014 - September 30, 2014)

   (Millions of yen, except per share data)

   	Net sales	Operating income	Quarterly income before income taxes	Quarterly net income attributable to shareholders	Quarterly net income per share attributable to shareholders
   Previous Forecast (A)	400,000	39,000	40,000	29,000	131.77 yen
   Actual Results (B)	404,454	42,998	44,985	33,687	153.06 yen
   Change (B-A)	4,454	3,998	4,985	4,687
   Change (%)	1.1%	10.3%	12.5%	16.2%
   (Reference) Actual consolidated results for the first two quarters of fiscal 2013 (April 1, 2013 - September 30, 2013)	359,726	30,786	30,033	21,174	96.19 yen

   
   

2. Revised Full-Year Performance Forecast for Fiscal 2014 (April 1, 2014 - March 31, 2015)

   (Millions of yen, except per share data)

   	Net sales	Operating income	Income before income taxes	Net income attributable to shareholders	Net income per share attributable to shareholders
   Previous Forecast (A)	800,000	74,000	71,000	51,000	231.73 yen
   New Forecast (B)	835,000	84,000	84,500	62,500	285.48 yen
   Change (B-A)	35,000	10,000	13,500	11,500
   Change (%)	4.4%	13.5%	19.0%	22.5%
   (Reference) Actual consolidated results for the previous fiscal year (April 1, 2013 - March 31, 2014)	772,966	68,055	62,007	46,185	209.82 yen

   
   

3. Reasons for Revisions

   During the first two quarters of fiscal 2014, all business segments of the OMRON Group performed strongly, with increased sales in every business segment. Therefore, both net sales and profits have surpassed those announced previously. For the third quarter and beyond, OMRON Group expects demand to stay robust. Based on this understanding of the environment, OMRON Group has revised its full-year performance forecast upward as stated above.
   The assumed exchange rates for the third quarter onward in the performance forecasts are USD 1 = JPY 100 and EUR 1 = JPY 135.

The performance forecast is based on information available to the Company at the present time, and on certain assumption judged by the Company to be reasonable. Due to various factors, actual results may differ from the forecast.