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- 00:05:46.7 This is the agenda for my presentation. In addition to the three key takeaways just touched upon, I would also like to talk about the ‘innovative-Automation’ growth strategy for IAB. With this strategy, we propose to revolutionize monozukuri through innovation that Omron is uniquely positioned to deliver. We have been executing on this strategy since last year and are already starting to see results. I will talk about this in more detail later.
- 00:06:18.9 I will start with a discussion of the 1H results. Please turn to slide 4. The 1H results are as shown here. Revenues were ￥371.6 billion, OP was ￥25.9 billion and net income was ￥15.8 billion. Sales and OP in yen terms were in line with our internal plans. However, we have seen significant yen appreciation on a YoY basis; for reference we show the YoY change excluding the forex impact on the far right-hand side of the table. On this basis, revenues were largely flat YoY and OP was up 4%. GPM, a key metric for Omron, improved by 0.5% points. We believe this reflects the continued improvement to our ability to generate profits. Please turn to the next slide.
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