2020_2q_omron_e

23/37 - Optimizing the Business Portfolio: Restructuring

As noted earlier, we will complete the transfer of the AEC business on October 31, 2019, as planned. We have also decided to wind down the Backlight business included in the Other segment at the end of March 2020. In the interests of making our business portfolio stronger and more resilient as we execute on our medium- and long-term growth strategy, we will continue to review and adjust the portfolio, including the use of M&A and alliances, to maintain an optimal business structure. By optimizing our business portfolio, OMRON will be able to focus on domains where many of the mainstay products and services can command high market shares and benefit from high barriers to entry. Please turn to the next slide.