OMRON Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Revised Consolidated Earnings Guidance for the Full Year Ending March 31, 2016
January 28, 2016 at 08:50 pm IST
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OMRON Corporation reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of JPY 614,013 million against JPY 614,269 million for the same period in the last year. Operating income was JPY 44,170 million against JPY 62,997 million for the same period in the last year. Income before income taxes was JPY 44,689 million against JPY 65,546 million for the same period in the last year. Net income attributable to shareholders was JPY 33,869 million or JPY 156.34 per basic and diluted share against JPY 49,301 million or JPY 224.59 per basic share for the same period in the last year. Net cash provided by operating activities was JPY 47,635 million against JPY 42,626 million for the same period in the last year. Capital expenditures were JPY 27,558 million against JPY 25,572 million for the same period in the last year.
The company provided earnings guidance for the year ending March 31, 2016. For the period, the company expects net sales of JPY 835,000 million, operating income of JPY 62,000 million, income before income taxes of JPY 65,500 million, and net income attributable to shareholders of JPY 47,500 million or JPY 219.92 per share compared to previous forecast of net sales of JPY 860,000 million, operating income of JPY 70,000 million, income before income taxes of JPY 71,000 million, and net income attributable to shareholders of JPY 53,500 million or JPY 247.84 per share.
OMRON Corporation specializes in manufacturing and marketing industrial automation systems. Net sales break down by family of products as follows:
- industrial automation systems (56.7%): sensors, switches, programmable controllers, automatic optical inspection devices, temperature control systems, etc.;
- medical equipments (17.4%): thermometers, blood pressure monitors, etc.;
- electronic and mechanical devices and modules (14%);
- social infrastructure solutions and systems (11.5%): energy and environmental solutions, public transport automation solutions (automatic doors, automated ticket vending machines, etc.), road traffic control systems, security, payment and network protection systems, etc.;
- other (0.4%).
Net sales are distributed geographically as follows: Japan (38%), China (25.7%), Europe (15.8%), Americas (10.3%) and other (10.2%).
OMRON Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Revised Consolidated Earnings Guidance for the Full Year Ending March 31, 2016
OMRON CORPORATION 
