2019_1q_omron_e

8/36 IAB Sales by Region

We show IAB sales Y/Y growth by region on this slide. The innovative-Automation strategy has gained traction globally, driving well-balanced growth in all regions. We believe this is evidence of our success in establishing a strong global foundation for our business. SE Asia & Other fell significantly on weakness in the digital industry, primarily smart phone- and FPD-related declines in Korea. China was also impacted negatively by this trend. However, the weakness was more than offset by growth in Japan, the Americas, Europe and Greater China. Overall IAB sales grew 7%. As noted earlier, we are seeing a broadening of our customer base; our strategy of not relying heavily on specific regions or industries is paying off. We also benefited from proactive investments. We are increasingly confident that we are making good progress in developing a framework for self-driven growth.