2018_1q_omron_e
10/30 - Business Portfolio Reinforcement (vs. FY2014 Q1)
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00:09:52.7
Next, from the standpoint of measures to enhance our business portfolio, we had selectively focused on growth industries and have been taking a disciplined approach to portfolio management. As a result, IAB and HCB now represent a larger proportion of overall sales. As you can see here, IAB’s share of total revenue increased by 7 pp to 47％. HCB’s share of revenue rose by 2 pp. Also, please look at the Other segment, at the bottom of the column. Businesses included in the Other segment were the target of corporate restructuring and optimizing in FY2016. As a result, the proportion of revenue from the Other segment has declined by 7 pp. These changes over the last three years have clearly allowed us to convert our business portfolio into one where it is possible to improve profitability while continuing to grow. We are increasingly confident that we are on the right track with our initiatives, given the clear results we are getting from measures to improve profitability and enhance our business portfolio. In line with the policies incorporated in VG 2.0, the new medium-term management plan unveiled in April, we will concentrate investments on IAB and HCB, which have been driving revenue and profit growth, to further enhance our business portfolio.
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