2018_3q_omron_e
9/50 - Backdrop to IAB Growth: High Growth in Focus Industries
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00:07:52.7
I would like to talk about IAB in more detail. We have previously talked about our strategy to concentrate on four focus industries: Automotive, Digital, Food & Beverage and Infrastructure. On a global basis, revenues from the four focus industries grew 25% YoY. In particular, in Greater China, we were able to achieve very high growth of 34% 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 22% YoY. These results have given us greater confidence that we are on the right track with our initiatives.
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