Omron corporation has announced the 2011 fiscal year report. Report shows that despite the outside of the various unfavorable factors, but the group still maintained steady development trend, sales of 619.5 billion yen ($7.6 billion), a 0.3% increase.
Although in the past year omron by production of the great east Japan earthquake depression and weak consumer market, China's credit tightening policy, high unemployment, the European debt crisis in the United States, and Thailand flood many adverse factors, such as omron still actively promote all kinds of measures to to ensure that the development strategy of "globalization" ten years can smoothly. These measures include: to strengthen the industrial automation business; For emerging markets around the world, especially in Asia to take aggressive development strategy; Focus on environment, focusing on energy conservation and regeneration; Rich omron product line; Reform the profit structure; To accelerate the globalization of human resource management and corporate culture of innovation.
Thanks to the expansion of the omron in emerging markets and the launch of new products, the group under the pressure of the government policy of a strong yen, still maintain sales growth of 0.3%, to 619.5 billion yen ($7.6 billion). However, the yen soaring high, international prices of raw materials and the severe peripheral factors, also makes the group operating profit fell 16.4% to 40.14 billion yen ($497 million), the profit margin of 6.5%.
As omron fist sector, industrial automation sales in fiscal 2011 were compared with the previous fiscal year fell by 0.4%, primarily by domestic semiconductor and electronics industry insignificantly affected inventory adjustment, but overall demand is still solid. At the same time, benefiting from the rapid recovery of the domestic cars and entertainment industry and the strong demand in overseas markets, sales of electronic components division, up 2.2% over the same period. Automotive electronics division also rose slightly, a 0.9% increase. Relative to the weak domestic health products sales in Japan, omron in overseas markets, especially the emerging market performance is good, the 2011 fiscal year omron health division sales rose 3.0%. Due to Japan's economy is declining, railways and road traffic related businesses put a number of investment plan, omron social system division is also affected, in fiscal 2011 sales fell by 10.6%.
In other business, ohm Long Xinxing division performance ideal business environment, actively introduced for photovoltaic industry of new products, the market reaction is good.
Looking forward to next year, with the increasing demand for Japan's post-disaster reconstruction for automation devices, the uncertainty of market gradually absorb the European financial market, coupled with the represented by China and other Asian countries in the emerging markets growing demand for products, and its most important overseas markets - China further easing of credit tightening, omron its earnings outlook in this summer is expected to start became clear.
In this situation, omron for fiscal year 2012 set a goal, to speed up the development strategy of "globalization" decade goal advance, and increase the group competitive, high growth, high-profit profit structure is established. Mountain Tian Xiren omron corporation chairman and general manager, said: "in the new fiscal year, omron group will continue to focus on the development of industrial automation business, is committed to building the world's first control equipment product line. At the same time, omron will also efforts to expand the market share in emerging markets, and to establish a strong business models to expand the environment business. Our goal in the New Year omron group sales and profit growth."