Kyoto, Japan—OMRON Corporation (Headquarters: Shimogyo-ku, Kyoto; President and CEO: Yoshihito Yamada) today announced that OMRON PRECISION TECHNOLOGY Co., Ltd., a wholly owned subsidiary of OMRON (hereinafter referred to as “OPT”), has decided to withdraw from the backlight business as of the end of fiscal 2019 (March 31, 2020).

OPT and its group companies have experienced a difficult situation in their backlight business. Consequently, OMRON has continued to promote structural reforms for this business. However, market conditions for the backlight business have been changing even more significantly than expected, which made us recognize that it would be difficult for us to maintain this business. Accordingly, we reached the decision to withdraw from the backlight business as of the end of fiscal 2019 (March 31, 2020). With this decision, OPT group’s production base in Dongguan, China has discontinued its operations.