2017_3q_omron_e
7/27 - Sales by Business Segment
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00:07:36.1
From slide 6 onward, we show the segment breakouts. First, I highlight the businesses that did well; namely IAB, AEC, HCB and the Other segments. All of these businesses reported higher revenues YoY, excluding the forex impact. Unfortunately, these positives were not enough to support YoY consolidated revenue growth in yen terms. We recognize that we must do more to generate growth. That said, revenues rose YoY if the forex impact is excluded. Additionally, as you know, we sold the Oil & Gas business that was formerly part of IAB this fiscal year. If the Oil & Gas business is excluded, then IAB grew 8% YoY, which is in line with our expectations, albeit at the low end of the range. With regard to the medical equipment subsidiary, we have finally completed the sale of Omron Colin. If this business is excluded, then HCB grew 6% YoY, excluding the forex impact. For HCB, we continue to see strong growth in BPM sales in Russia and Brazil.
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