2018_4q_omron_e

11/45 Backdrop to IAB Growth: High Growth in Focus Industries

OMRON’s growth is a function of the strong growth in the 4 focus industries: Auto, Digital, Food & Beverage and Infrastructure. On a global basis, sales in the 4 focus industries grew 23% Y/Y. In particular, we saw sales for the 4 focus industries grow a substantial 28% in Greater China. However, even apart from China, aggregate sales for Japan, the Americas, Europe and Southeast Asia also grew a hefty 21% Y/Y. We are now reaping ever-larger rewards from our IAB growth strategy on a global basis. Sales from the digital industry rose significantly on the back of higher smartphone-related demand in 1H FY2017. Demand related to FPDs, secondary batteries and semiconductors was strong, supporting digital industry sales in a well-balanced manner over the course of the fiscal year. In addition, we saw double-digit growth for the auto and the other remaining focus industries; the balance between the industries is also improving. This completes my discussion of the FY2017 results. Next, I will talk about the FY2018 plan. Please turn to slide 12.