2018_2q_omron_e
17/45 - First Year of VG2.0 Off to a Jump Start
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00:14:33.4
This slide shows our projections for FY2017. We have framed this by showing comparisons to some historical figures. First, when comparing the outlook for FY2017 to FY2016, CEO Yamada commented earlier, we project 17％ YoY topline growth. The absolute level of ￥388 billion has a symbolic importance for us at IAB, in that this represents a new record high. As we show here, it is an approximately ￥50 billion increase over the previous peak of ￥339.2 billion, achieved in FY2007. In terms of operating income, the previous peak was the ￥54.6 billion we achieved three years ago in FY2014. We now expect that we can set a new record high at ￥71.5 billion. The resulting OPM we project for FY2017 is 18.4％. Although there have been a number of changes that make it challenging to compare OPMs on an apples-to-apples basis, this is likely to be the highest OPM level we have achieved in the last 20 years. I have been president of IAB for about 3.5 years now. In my first year, net sales was ￥291.7 billion. We are projecting cumulative sales growth over the last four years of approximately ￥100 billion. As we look toward the FY2020 targets, I would hope to be able to add another ￥100 billion. Next slide please.
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