2019_1q_omron_e

23/36 Investments for Future Growth (M&A&A)

We will continue to proactively pursue M&A&A (Alliances) to drive future growth. IAB acquired Sentech and Microscan in FY2017. Since the start of FY2018, IAB has entered into a strategic alliance with Taiwanese arm-type co-bot maker Techman. Going forward, we will jointly develop next-generation co-bots that have enhanced complementarity with OMRON devices. We aim to revolutionize manufacturing at the shop floor level. More recently, HCB announced the acquisition of Italian nebulizer manufacturer 3A Healthcare. On the back of further growth in our nebulizer business, we aim to raise our global market share from the current 33% to 40% by FY2020.