2019_1q_omron_e
24/36 Restructuring

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【ノート】
While proactively engaging in M&A&A, we have also been disciplined in managing our business portfolio through restructuring. In FY2016, we sold IAB’s Oil & Gas business and HCB’s medical business. Recently, IAB announced the sale of the laser processing equipment business conducted by consolidated subsidiary OMRON Laser Front to TOWA. The transfer of shares is slated to be completed by the end of August. We are also making solid process in restructuring the Other business. We continue to optimize the Backlight business; the backlight plant in Suzhou (China) will be shut down as of the end of July. We will also terminate external sales of smartphone mics within the Micro Device business by the end of FY2018. Going forward, we will remain disciplined in managing our business portfolio, while seeking to maintain ROIC at a level in excess of 10%.