2017_3q_omron_e
5/27 - Q1-Q3 Results
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00:05:09.8
First, revenue was ￥568.7 billion, which is down 7.4％ YoY. If the impact of forex is excluded, revenue was up a modest 2％ YoY. Operating profit was ￥45.8 billion, up 3.7％ YoY; excluding forex impact, OP rose 31％ YoY. I also highlight the nine-month GPM. As mentioned earlier, GPM improved by 0.7％ points YoY. Forex had a negative impact of 0.4％ points. Despite this, we were able to reap the benefits of proactive product portfolio management (PPM) and other internal initiatives. This underpinned the net 0.7％ point gain in GPM. Although it is not noted here, the absolute value of the YoY forex impact for the first nine months was a negative ￥56.3 billion at the top line and a negative ￥12.3 billion at the OP level, reflecting the stronger yen.
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