Company Name:	OMRON Corporation
President and CEO:	Hisao Sakuta
Stock ticker number:	6645
Stock exchanges:	Tokyo, Osaka, Nagoya (First Sections)
Contact:	Taeko Ogose, General Manager Corporate Communications Department
Phone:	+81-75-344-7175

OMRON Corporation (TOKYO: 6645, ADR: OMRNY; 'OMRON', 'the OMRON Group'), a global leader in automation, sensing and control technology, decided at a board of directors meeting held on January 30, 2008, to merge its wholly owned subsidiary, OMRON Semiconductors Co., Ltd., by absorption. Details are as follows.
As this is a simple merger through absorption of a wholly owned subsidiary, some details have been omitted from this disclosure.

Object of Merger

OMRON Corporation offers a range of MEMS sensors and ICs based on microprocessing technologies. This merger will combine the CMOS capabilities of OMRON Semiconductors Co. Ltd. (which began operations in April 2007) with OMRON's application technologies and expertise in component development to add further value across the product line. The resulting management structure will reflect the OMRON Group's corporate-wide strategy of fusing semiconductor-related technologies with existing businesses.

As it works to strengthen this business, OMRON will move ahead with the integration of its Minakuchi Factory, which currently handles semiconductor production, and related development, marketing and planning functions.
Overview of Merger
1. Merger approval at board of directors meeting
  
  January 30, 2008
  
  Signing of merger contract
  
  January 30, 2008
  
  Date of merger (effective date)
  
  July 1, 2008 (scheduled)
  
  (Note) Pursuant to the simple share exchange method set forth in Articles 796-3 and 784-1 of the Company Law of Japan, this merger is not subject to approval by general meetings of OMRON Corporation or OMRON Semiconductors Co., Ltd. respectively.
  3. Schedule (subject to change)
2. Merger method
  
  The merger will be implemented by way of merger by absorption, in which OMRON Corporation will be the surviving company and OMRON Semiconductors Co., Ltd. will be dissolved.
3. Merger grants
  
  No new shares will be issued and there will be no compensation paid due to the merger as OMRON Semiconductors Co., Ltd. is wholly owned by OMRON Corporation.
4. Handling of stock acquisition rights and bonds with stock acquisition rights
  
  OMRON Semiconductors Co., Ltd. will not issue stock acquisition rights or bonds with stock acquisition rights.

Outline of OMRON Corporation and OMRON Semiconductors Co., Ltd. (as of March 31, 2007)

a.Trading name	OMRON Corporation (Merging company )	OMRON Semiconductors Co., Ltd. Merged company
b.Description of business	Development, manufacturing, sales and service of FA (Factory Automation) systems, control equipment, electric components, social systems, traffic systems and others.	Development, production, and marketing of semiconductor products
c.Date of incorporation	May 19, 1948	December 4, 2006
d.Headquarters	Shiokoji,Horikawa, Shimogyo-ku, Kyoto 600-8530, Japan	686-1 Ichimiyake, Yasu, Shiga, 520-2362, Japan
e.Representative	Hisao Sakuta, President and CEO	Kazuma Wada, President
f.Capital	64,100 million yen	1,500 million yen
g.Number of shares outstanding	249,121,372	2
h.Net assets	241,733 million yen (non-consolidated)	2,981 million yen (non-consolidated)
i.Total assets	389,247 million yen (non-consolidated)	3,541 million yen (non-consolidated)
j.Fiscal term	March 31	March 31
k.Major shareholders and their equity participation	State Street Bank and Trust Company5.81% Japan Trustee Services Bank, Ltd. (trust account) 4.00% The Master Trust Bank of Japan, Ltd. (trust account) 3.82%	OMRON Corporation 100%

Status after Merger

a.Trading name

OMRON Corporation

b.Description of business

Development, manufacturing, sales and service of FA (Factory Automation) systems, control equipment, electric components, social systems, traffic systems etc.

c.Location of headquarters

Shiokoji, Horikawa, Shimogyo-ku, Kyoto 600-8530, Japan

d.Representative

Hisao Sakuta, President&CEO

e.Capital

64,100 million yen (there will be no capital increase as a result of this merger)

f.Fiscal term

March 31

g.Outlook

The merger is expected to have negligible effect on OMRON Corporation's consolidated and non-consolidated financial outlook for the fiscal year ending March 2008.

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