2019_4q_omron_e

2/39 ■Summary

There are four key points to today’s presentation. Please turn to slide 1. First, the FY2018 results. As expected, the operating environment in the March quarter (Q4) was very challenging. However, as a result of our internal efforts, our full-year sales and operating income exceeded the revised forecasts we announced in January. I will talk about this in more detail later. Next, with regard to the optimization of our business portfolio, as announced recently, we have agreed to transfer our shares in the automotive business. I will talk about the backdrop to our decision, as well as our intentions going forward. Third is our full-year FY2019 forecasts. We assume the challenging Q4 operating environment will continue for the full year of FY2019. In addition to this, we have also factored in the risk of a fluctuation in earnings. In spite of the tough conditions, we will continue to execute on measures necessary to enhance our capability for self-driven growth. Our full-year dividend guidance remains unchanged Y/Y at ￥84 per share. Finally, I will discuss how the assets we have acquired under the VG2.0 Medium-term Management Plan will drive our growth going forward. We proactively invested in IAB and HCB in the first 2 years of the medium-term plan, building up assets, such as technologies, products and infrastructure, which will contribute to our capability for self-driven growth. I will talk about how we will focus on getting results from these growth-driving assets.