2018_2q_omron_e
9/45 - IAB Growth Backdrop High Growth in Focus Industries
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00:08:38.0
I would like to talk about IAB in more detail. Please see slide 8. The higher sales is the result of strong growth in our four focus industries: Automotive, Digital, Food and Beverage, and Infrastructure. On a global basis, revenues from the four focus industries grew 29％ YoY. In particular, in Greater China, we were able to achieve very high growth of 42％ YoY in the four focus industries. Even outside of China, combined revenues in the focus industries for Japan, the Americas, Europe and Asia grew a hefty 26％ YoY. We chose to implement our IAB growth strategies in China first, but we are now reaping the benefits from these initiatives globally. Earlier, I said the H1 results have given me greater confidence that we are on the right track: the basis for my confidence is the results we are getting from the four focus industries. IAB President Mr. Miyanaga will go into more detail about the IAB strategies later. Next, our full-year forecasts.
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