2017_4q_omron_e
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00:03:21.1
This is today’s agenda. My presentation breaks down into three major sections. First, I will discuss the results for FY2016 and review our performance under the Earth-1 Stage medium-term plan. Our performance in Q4 FY2016 was very strong. We exceeded our revenue and operating income targets by ￥14.2 billion yen and ￥3.6 billion respectively. The driver of the strong performance was IAB. I will discuss this in greater detail later. In the next section, I will present our new medium-term management plan VG 2.0. This time around, we chose to review our medium-term management strategy from the ground up, to reflect the impact of the extraordinary technological innovation now unfolding. The current operating environment is dramatically different from what we had assumed when formulating VG2020. We believe these changes represent a significant opportunity for Omron. Over the next four years between FY2017 to FY2020, we will proactively invest in anticipation of the opportunities to come in the ten years from FY2020 onward, to enhance Omron’s growth trajectory. Today, I would like to take the time to thoroughly explain the operating backdrop and strategic framework. Finally, I will present the FY2017 forecasts.
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