2019_4q_omron_e
13/39 FY2019 Business Environment by Segment

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【ノート】
We outline our view of the operating environment here. Overall, we believe there is rising uncertainty in terms of macroeconomic factors in FY2019, on the back of US-China trade friction, Brexit and the risk of yen appreciation. We expect the poor visibility and tough operating environment will continue throughout the fiscal year. By segment, our forecast assumes the challenging Q4 FY2018 conditions will persist throughout FY2019, in particular for IAB, EMC and AEC. Of course, it is possible that the operating environment could improve during FY2019 if we were to see an early resolution to US-China trade friction or if the Chinese economy recovers. As such, we are prepared to be either proactive or defensive, depending on how the macro situation plays out. Next slide please.