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

Kyoto, Japan - Following a resolution at a Board of Directors meeting held today, OMRON Corporation (TOKYO: 6645; ADR: OMRNY) announced that it will spin off its automotive electronic components business, currently being conducted by its Automotive Electronic Components Company, into a new company to be established through a corporate split.

Because OMRON plans to establish the new company independently, certain matters and items for disclosure have been omitted from the announcement.

Objectives of Spin-off
OMRON has been promoting structural reform across its entire Group. In accordance with its policy of strengthening its automotive electronic components business announced on July 30, 2009, OMRON will implement the spin-off of the business through a corporate split. The purpose is to improve its profit structure by allowing independent management specializing in the automobile industry.
Outline of Spin-off

1) Timeline

Plan approved at BOD meeting: January 28, 2010

Spin-off date (effective date): May 6, 2010 (planned)

Note: Because assets to be transferred to the new company and their value do not exceed one-fifth of OMRON's total assets, OMRON will not seek shareholder approval at a general meeting of shareholders for this corporate split according to Article 805 of Companies Act.

2) Split method

This is a simple corporate split in which OMRON is the transferring company and OMRON Automotive Electronics Co.,Ltd. is the assuming company.

3) Share allocation

Upon the spin-off, the new company will allocate 100,000 shares of its common stock to OMRON, becoming a wholly owned subsidiary of OMRON.

4) Decrease in capital, etc. due to the spin-off

There will be no decrease in capital, etc. due to the spin-off.

5) Treatment of stock acquisition rights and warrant bonds of the transferring company

There will be no change in the treatment of stock acquisition rights issued by OMRON due to the spin-off. There are no relevant issues of warrant bonds.

6) Rights and duties to be transferred to the new company

The new company will assume rights and duties from OMRON, including assets, liabilities and contractual obligations required for operating the business to be transferred.

7) Prospects for fulfillment of obligations

OMRON foresees no problems in the fulfillment of obligations by OMRON and the new company after the spin-off.

Overview of Companies Involved in the Spin-off

	Transferring company As of March 31, 2009	New company May 6, 2010 (planned)
1) Name	OMRON Corporation	OMRON Automotive Electronics Co., Ltd.
2) Business	Manufacture and sale of electronic devices	Manufacture and sale of automotive electronic components
3) Established	May 10, 1933	May 6, 2010 (planned)
4) Head office	Shiokoji Horikawa Higashi-iru, Shimogyo-ku, Kyoto citye	6368 Okusa Nenjozaka Komaki city, Aichi Prefecture
5) Representative	Hisao Sakuta, President and CEO	Yoshinori Suzuki, President and CEO
6) Capital	64,100 million yen	5,000 million yen
7) Shares outstanding	239,121,372 shares	100,000 shares
8) Net assets	298,411 million yen (consolidated)	19,600 million yen (non-consolidated)
9) Total assets	538,280 million yen (consolidated)	23,000 million yen (non-consolidated)
10) Fiscal year end	March 31	March 31
11) Principal shareholders and their holdings (%)	State Street Bank and Trust Company 505223: 5.89% Japan Trustee Services Bank, Ltd. (trust account 4G): 4.53%	OMRON Corporation: 100%

Note: Net assets and total assets of the new company, listed above, are forecasts for the effective date of the spin-off, calculated based on figures as of December 31, 2009. Therefore, they may vary from the actual values of transferred assets.

Overview of the Business Division to be Spun Off

1) Business

Manufacture and sale of automotive electronic components

2) Operating results

Fiscal 2008 consolidated net sales: 82,109 million yen

3) Assets and liabilities to be transferred and their values (May 6, 2010 forecasts)

Total assets: 23,000 million yen

Total liabilities: 3,400 million yen

Note: Assets and liabilities to be transferred to the new company are forecasts for the effective date of the spin-off, calculated based on figures as of December 31, 2009. Therefore, they may vary from actual values.
Status of OMRON Corporation after Spin-off
There will be no changes to the name, head office location, representative, business, capital or reporting period (fiscal year end) of OMRON as a result of the spin-off.
Outlook
This spin-off will have no major impact on OMRON's consolidated financial results for fiscal 2009 (ending March 31, 2010).

OMRON Announces Spin-off of Automotive Electronic Components Business (Simple Corporate Split)