OMRON CORPORATION FINANCIAL FACT BOOK 218 CONTENTS Page Sales Data Net Sales P.1 Foreign Exchange Rates Sales by Business Segment P.2 Sales by Region P.3 Profit Data Gross Profit, Gross Profit / Net Sales P.4 Cost Composition, Operating Income / Net Sales Operating Income by Business Sgment P.5 SG&A Expenses / Net Sales, R&D Expenses / Net Sales P.6 Net Income (Loss) Attributable to Shareholders / Net Sales Number of Employees, Net Sales per Employee P.7 Earnings per Share (EPS), Price-Earnings Ratio (PER) Financial Statement Related Ratios Working Capital, Current Ratio P.8 Total Assets, Total Assets Turnover Inventory, Inventory Turnover Property, Plant & Equipment, P.9 Property, Plant & Equipment Turnover Capital Expenditures, Depreciation & Amortization P.1 Cash Flows per Share Net Income (Loss) Attributable to Shareholders, Return on Invested Capital (ROIC) P.11 Net Income (Loss) Attributable to Shareholders, Return on Shareholders Equity (ROE) Shareholders Equity, Shareholders Equity / Total Assets P.12 Shareholders Equity per Share, Price Book-Value Ratio (PBR) Shareholder Return Dividends, Dividend Payout Ratio P.13 Treasury Stock at End of Term, Acquisition and Cancellation Financial Statements Consolidated Statements of Income (Loss) P.14 Consolidated Balance Sheets P.15-16 Consolidated Statements of Cash Flows P.17-18 Name of Business Segments IAB: Industrial Automation Business EMC: Electronic & Mechanical Components Business AEC: Automotive Electronic Components Business SSB: Social Systems, Solutions & Service Business HCB: Healthcare Business Other: Environmental Solutions, Backlights, Electronic Systems & Equipments, Micro Devices Definition of Region Americas: North, Central, and South America Europe: Europe, Russia, Africa, the Middle East Greater China: China, Taiwan, Hong Kong Asia Pacific: Southeast Asia, South Korea, India, Oceania Notes: 1. The financial statements are prepared in accordance with U.S. GAAP standards. Figures have been calculated on a consolidated basis for the years ended March 31. 2. Please refer to respective Integrated Reports (website) for audited figures. URL: https://www.omron.com/ir/irlib/annual.html 3. Data might be revised according to alterations to accounting standards.
Net Sales Foreign Exchange Rates 9, 8, 7, 6, 5, 4, 3, 2, 1, 27 28 29 21 211 212 213 214 215 216 217 Net Sales <Net Sales> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Net Sales 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 Change (Y/Y) +5.4% (17.8%) (16.3%) +17.7% +.3% +5.% +18.8% +9.6% (1.6%) (4.7%) +8.3% <Foreign Exchange Rates> (Yen) (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 USD 114.1 1.7 92.9 85.8 79.3 83.2 1.1 11. 12.2 18.9 111.2 EUR 161.9 144.5 13.3 113.5 11.3 17.6 134. 138.7 132.2 119.4 129.4 OMRON Corp. 1 Sales Data
Sales by Business Segment 9, 8, 7, 6, 5, 4, 3, 2, 1, 27 28 29 21 211 212 213 214 215 216 217 Industrial Automation Business (IAB) Electronic and Mechanical Components Business (EMC) Automotive Electronic Components Business (AEC) Social Systems, Solution and Service Business (SSB) Healthcare Business (HCB) Other <Sales by Business Segment> Eliminations and Corporate (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Industrial Automation Business (IAB) 339,161 271,24 23,917 271,894 27,835 262,983 291,739 331,84 335,959 33,959 396,14 (%) 44.5% 43.2% 38.9% 44.% 43.7% 4.4% 37.7% 39.2% 4.3% 41.7% 46.1% Electronic and Mechanical Components Business(EMC) 1,668 76,494 7,717 81,216 83,2 84,17 97,699 13,946 13,681 93,938 12,842 (%) 13.2% 12.2% 13.5% 13.1% 13.4% 12.9% 12.6% 12.3% 12.4% 11.8% 12.% Automotive Electronic Components Business (AEC) 17,521 82,19 75,163 84,259 85,27 97,643 126,62 137,883 139,966 132,6 131,152 (%) 14.1% 13.1% 14.3% 13.6% 13.7% 15.% 16.4% 16.3% 16.8% 16.6% 15.3% Social Systems, Solution and Service Business (SSB) 76,876 72,336 57,981 63,846 57,2 68,754 67,575 66,419 7,378 61,883 63,713 (%) 1.1% 11.5% 11.1% 1.3% 9.2% 1.6% 8.7% 7.8% 8.4% 7.8% 7.4% Healthcare Business (HCB) 71,76 63,592 63,359 6,629 62,446 71,52 89,275 1,615 18,121 11,295 18,489 (%) 9.4% 1.1% 12.1% 9.8% 1.1% 11.% 11.5% 11.9% 13.% 12.8% 12.6% Other 56,841 5,989 43,592 49,672 53,535 59,24 94,69 11,373 7,188 68,51 54,826 (%) 7.4% 8.1% 8.3% 8.% 8.6% 9.1% 12.2% 12.% 8.4% 8.6% 6.4% Eliminations and Corporate 1,212 1,466 9,965 6,39 7,416 6,214 5,989 5,176 5,311 5,557 2,82 (%) 1.3% 1.7% 1.9% 1.% 1.2% 1.%.8%.6%.6%.7%.3% Total 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 Notes: 1. From fiscal 29, the Companies adopted ASC No. 28, Segment Reporting. The figures for fiscal 27 through 28 have been restated to conform with the current year presentation. 2. Starting with fiscal 21, the PV inverter business in IAB was transferred to Other. The figures for fiscal 27 through 29 have been restated to conform with the current year presentation. 3. From fiscal 213, certain operations previously included in EMC have been included in IAB following a change in management categorizations. Accordingly, information figures about IAB and EMC for fiscal year 29 through 212 have been restaed to reflect this change. 4. From fiscal 217, certain operations previously included in SSB have been included in Other following a change in management categorizations. Accordingly, information figures about SSB and Other for fiscal year 213 through 216 have been restaed to reflect this change. OMRON Corp. 2 Sales Data
Sales by Region 9, 8, 7, 6, 5, 4, 3, 2, 1, 27 28 29 21 211 212 213 214 215 216 217 Japan Americas Europe Greater China Asia Pacific Direct Exports <Sales by Region> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Japan 365,898 315,596 258,413 3,494 296,345 317,919 344,754 337,643 33,84 33,39 33,24 (%) 48.% 5.3% 49.3% 48.6% 47.8% 48.9% 44.6% 39.9% 39.7% 41.6% 38.4% Americas 11,884 8,397 61,154 74,397 74,82 8,427 1,992 123,496 13,968 112,191 118,49 (%) 13.4% 12.8% 11.7% 12.% 12.1% 12.4% 13.1% 14.6% 15.7% 14.1% 13.8% Europe 134,389 13,128 77,67 84,511 83,561 8,453 1,929 18,427 19,147 12,633 118,1 (%) 17.6% 16.4% 14.8% 13.7% 13.5% 12.4% 13.1% 12.8% 13.1% 12.9% 13.7% Greater China 91,467 75,242 77,136 97,12 11,74 16,283 142,444 18,954 162,58 147,751 171,856 (%) 12.% 12.% 14.7% 15.7% 16.3% 16.3% 18.4% 21.4% 19.5% 18.6% 2.% Asia Pacific 46,659 4,36 39,654 49,999 52,357 54,828 72,259 83,54 88,157 91,785 11,932 (%) 6.1% 6.4% 7.6% 8.1% 8.5% 8.4% 9.3% 9.8% 1.6% 11.6% 12.9% Direct Exports 22,688 12,467 1,73 11,412 11,34 1,551 11,588 13,678 12,2 9,451 1,499 (%) 3.% 2.% 2.% 1.8% 1.8% 1.6% 1.5% 1.6% 1.4% 1.2% 1.2% Total 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 OMRON Corp. 3 Sales Data
Gross Profit, Gross Profit / Net Sales Cost Composition, Operating Income / Net Sales 45, 4, 35, 3, 25, 2, 15, 1, 5, 27 28 29 21 211 212 213 214 215 216 217 Gross Profit Gross Profit / Net Sales (%) 45% 4% 35% 3% 25% 2% 15% 1% 5% % 9, 75, 6, 45, 3, 15, 27 28 29 21 211 212 213 214 215 216 217 Cost of Sales SG&A Expenses R&D Expenses Operating Income Operating Income / Net Sales (%) 18% 15% 12% 9% 6% 3% % <Gross Profit, Gross Profit / Net Sales> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Gross Profit 293,342 218,522 184,342 231,72 227,887 241,57 297,28 332,67 32,812 311,82 357,685 Net Sales 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 Gross Profit / Net Sales 38.4% 34.8% 35.1% 37.5% 36.8% 37.1% 38.5% 39.3% 38.5% 39.3% 41.6% <Cost Composition, Operating Income / Net Sales> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Net Sales 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 Cost of Sales 469,643 48,668 34,352 386,123 391,574 48,954 475,758 514,645 512,792 482,399 52,297 SG&A Expenses 176,569 164,284 133,426 142,365 145,662 152,676 181,225 198,13 25,735 193,539 212,641 R&D Expenses 51,52 48,899 37,842 41,3 42,89 43,488 47,928 47,913 52,79 5,697 59,134 Operating Income 65,253 5,339 13,74 48,37 4,136 45,343 68,55 86,591 62,287 67,566 85,91 Operating Income / Net Sales 8.6%.9% 2.5% 7.8% 6.5% 7.% 8.8% 1.2% 7.5% 8.5% 1.% OMRON Corp. 4 Profit Data
Operating Income by Business Segment 12, 1, 8, 6, 4, 2, (2,) (4,) 27 28 29 21 211 212 213 214 215 216 217 Industrial Automation Business (IAB) Electronic and Mechanical Components Business (EMC) Automotive Electronic Components Business (AEC) Social Systems, Solution and Service Business (SSB) Healthcare Business (HCB) Other Eliminations and Corporate <Operating Income by Business Segment> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Industrial Automation Business (IAB) 51,928 18,175 14,644 41,83 35,354 31,349 38,755 54,617 47,929 52,5 73,98 Electronic and Mechanical Components Business (EMC) 12,642 4,223 4,788 8,959 5,114 4,351 8,655 1,168 8,494 9,428 12,131 Automotive Electronic Components Business (AEC) 1,48 (7,115) 1,731 4,162 2,691 5,9 9,84 9,23 7,342 7,127 5,816 Social Systems, Solution and Service Business (SSB) 7,42 5,194 2,654 1,653 98 2,915 3,88 3,54 2,542 3,685 4,111 Healthcare Business (HCB) 9,45 4,767 7,55 4,78 2,918 4,47 7,545 6,511 7,285 8,535 11,211 Other 87 (7,318) (5,822) (4,659) (3,553) 2,526 1,348 1,35 (3,463) (1,852) (2,122) Eliminations and Corporate (17,259) (12,587) (11,976) (7,239) (2,486) (5,214) (1,212) (7,294) (7,842) (11,362) (19,216) Total 65,253 5,339 13,74 48,37 4,136 45,343 68,55 86,591 62,287 67,566 85,91 Notes: 1. From fiscal 29, the Companies adopted ASC No. 28, Segment Reporting. The figures for fiscal 27 through 28 have been restated to conform with the current year presentation. 2. Starting with fiscal 21, the PV inverter business in IAB was transferred to Other. The figures for fiscal 27 through 29 have been restated to conform with the current year presentation. 3. From fiscal 213, certain operations previously included in EMC have been included in IAB following a change in management categorizations. Accordingly, information figures about IAB and EMC for fiscal year 29 through 212 have been restaed to reflect this change. 4. From fiscal 217, certain operations previously included in SSB have been included in Other following a change in management categorizations. Accordingly, information figures about SSB and Other for fiscal year 213 through 216 have been restaed to reflect this change. OMRON Corp. 5 Profit Data
SG&A Expenses / Net Sales, R&D Expenses / Net Sales Net Income (Loss) Attributable to Shareholders / Net Sales 3, 25, 2, 15, 1, 5, 27 28 29 21 211 212 213 214 215 216 217 R&D Expenses SG&A Expenses SG&A Expenses / Net Sales (%) R&D Expenses / Net Sales (%) 3% 25% 2% 15% 1% 5% % 8, 6, 4, 2, (2,) (4,) (6,) 27 28 29 21 211 212 213 214 215 216 217 Net Income (Loss) before Taxes 8% 6% 4% 2% % (2%) (4%) (6%) <SG&A Expenses / Net Sales, R&D Expenses / Net Sales> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 SG&A Expenses 176,569 164,284 133,426 142,365 145,662 152,676 181,225 198,13 25,735 193,539 212,641 R&D Expenses 51,52 48,899 37,842 41,3 42,89 43,488 47,928 47,913 52,79 5,697 59,134 Net Sales 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 SG&A Expenses / Net Sales 23.1% 26.2% 25.4% 23.% 23.5% 23.4% 23.5% 23.4% 24.7% 24.4% 24.7% R&D Expenses / Net Sales 6.7% 7.7% 7.2% 6.7% 6.8% 6.7% 6.2% 5.7% 6.3% 6.4% 6.9% <Net Income (Loss) Attributable to Shareholders / Net Sales> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Net Income (Loss) Attributable to Shareholders 42,383 (29,172) 3,518 26,782 16,389 3,23 46,185 62,17 47,29 45,987 63,159 Net Sales 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 Net Income (Loss) Attributable to Shareholders / Net Sales 5.6% (4.7%).7% 4.3% 2.6% 4.6% 6.% 7.3% 5.7% 5.8% 7.3% OMRON Corp. 6 Profit Data
Number of Employees, Net Sales per Employee Earnings per Share (EPS), Price-Earnings Ratio (PER) (Persons) 4, 3, 2, 1, 4 3 2 1 27 28 29 21 211 212 213 214 215 216 217 (Yen) 35 3 25 2 15 1 5 (5) (1) (15) 27 28 29 21 211 212 213 214 215 216 217 (Times) 15 125 1 75 5 25 (25) (5) (75) Number of Employees Net Sales per Employee Earnings per Share (EPS) Price-Earnings Ratio (PER) (Times) <Number of Employees, Net Sales per Employee> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Number of Employees 35,426 32,583 36,299 35,684 35,992 35,411 36,842 37,572 37,79 36,8 36,193 Net Sales 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 Net Sales per Employee 21.5 19.2 14.5 17.2 17.2 18.4 21. 22.6 22.1 22.1 23.8 Notes: Number of Employees is based on the figure at the end of each fiscal year. <Earnings per Share (EPS), Price-Earnings Ratio (PER)> (Yen) (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Earnings per Share (EPS) 185.9 (132.2) 16. 121.7 74.5 137.2 29.8 283.9 219. 215.1 296.9 Stock Price 2,45 1,157 2,17 2,338 1,78 2,32 4,26 5,42 3,35 4,885 6,26 Price-Earnings Ratio (PER) (Times) 11. - 135.8 19.2 23.9 16.9 2.3 19.1 15.3 22.7 21.1 Notes: 1. Earnings per Share is based on the number of share equivalents with a dilutive effect. 2. PER = Fiscal Year-End Stock Price / Earnings per Share OMRON Corp. 7 Profit Data
Working Capital, Current Ratio 3, 25, 2, 15, 1, 5, 3% 25% 2% 15% 1% 5% % Total Assets, Total Assets Turnover 8, 7, 6, 5, 4, 3, 2, 1, 27 28 29 21 211 212 213 214 215 216 217 (Times) 1.4 1.2 1..8.6.4.2. Working Capital Current Ratio (%) <Working Capital, Current Ratio> 3E/28 3E/29 3E/21 3E/211 3E/212 3E/213 3E/214 3E/215 3E/216 3E/217 3E/218 Current Assets 33,54 275,991 285,758 327,89 38,97 333,694 396,493 434,96 389,69 435,94 437,385 Current Liabilities 177,69 135,38 155,562 181,432 152,896 145,71 162,77 176,762 162,663 172,81 182,778 Working Capital 152,985 14,953 13,196 146,458 155,21 187,993 233,786 257,334 226,946 263,823 254,67 Current Ratio 186.4% 24.4% 183.7% 18.7% 21.5% 229.% 243.7% 245.6% 239.5% 253.3% 239.3% Notes: 1. Working Capital = Current Assets - Current Liabilities 2. Current Ratio = Current Assets / Current Liabilities Total Assets Total Assets Turnover (Times) <Total Assets, Total Assets Turnover> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Total Assets 623,852 577,824 535,267 547,522 55,57 555,48 614,171 682,858 697,168 69,513 721,327 Net Sales 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 Total Assets Turnover (Times) 1.2 1.1 1. 1.1 1.1 1.2 1.3 1.2 1.2 1.2 1.2 Notes: 1. Total Assets is based on the average of the beginning and end of each fiscal year. 2. Total Assets Turnover = Net Sales / Total Assets OMRON Corp. 8 Financial Statement Related Ratios
Inventory, Inventory Turnover Property, Plant & Equipment, Property, Plant & Equipment Turnover 14, (Times) 6. 2, (Times) 8. 12, 1, 8, 6, 4, 5. 4. 3. 2. 15, 1, 5, 6. 4. 2. 2, 27 28 29 21 211 212 213 214 215 216 217 Inventory Inventory Turnover (Times) 1.. 27 28 29 21 211 212 213 214 215 216 217 Property, Plant & Equipment Property, Plant & Equipment Turnover (Times). <Inventory, Inventory Turnover> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Inventory 94,617 89,917 81,182 81,93 89,22 91,633 94,345 16,849 111,644 18,336 119,493 Cost of Sales 469,643 48,668 34,352 386,123 391,574 48,954 475,758 514,645 512,792 482,399 52,297 Inventory Turnover (Times) 5. 4.5 4.2 4.7 4.4 4.5 5. 4.8 4.6 4.5 4.2 Notes: 1. Inventory is based on the average of the beginning and end of each fiscal year. 2. Inventory Turnover = Cost of Sales / Inventory <Property, Plant & Equipment, Property, Plant & Equipment Turnover> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Property, Plant & Equipment 155,996 142,66 127,765 121,496 12,352 123,771 131,21 143,59 149,9 137,9 131,359 Net Sales 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 Property, Plant & Equipment Turnover (Times) 4.9 4.4 4.1 5.1 5.1 5.3 5.9 5.9 5.6 5.8 6.5 Notes: 1. Property, Plant & Equipment is based on the average of the beginning and end of each fiscal year. 2. Property, Plant & Equipment Turnover = Net Sales / Property, Plant & Equipment OMRON Corp. 9 Finacial Statement Related Ratios
Capital Expenditures, Depreciation & Amortization 5, 4, 3, 2, 1, Cash Flows per Share (Yen) 5 4 3 2 1 27 28 29 21 211 212 213 214 215 216 217 27 28 29 21 211 212 213 214 215 216 217 Capital Expenditures Depreciation & Amortization Cash Flows per Share (Yen) <Capital Expenditures, Depreciation & Amortization> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Capital Expenditures 37,72 36,844 19,524 23,192 28,341 28,285 33,653 38,143 36,859 25,692 38,852 Depreciation & Amortization 36,343 33,496 27,14 22,984 22,617 22,452 25,89 28,339 31,46 28,966 29,465 <Cash Flows per Share> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Cash Flows 78,726 4,324 3,532 49,766 39,6 52,655 71,274 9,59 78,75 74,953 92,624 Number of Shares 221,679,88 22,162,428 22,155,78 22,88,828 22,129,633 22,128,465 22,89,329 217,253,45 213,88,774 213,85,336 21,65,256 Cash Flows per Share (Yen) 355 2 139 226 177 239 324 417 368 351 44 Notes: 1. Cash Flows = Net Income (Loss) Attributable to Shareholders + Depreciation & Amortization 2. Number of Shares = Shares Outstanding at End of Term Treasury Stock at End of Term OMRON Corp. 1 Financial Statement Related Ratios
Net Income (Loss) Attributable to Shareholders, Return on Invested Capital (ROIC) Net Income (Loss) Attributable to Shareholders, Return on Shareholders Equity (ROE) 8, 2% 8, 2% 6, 15% 6, 15% 4, 1% 4, 1% 2, 5% 2, 5% % % (2,) (5%) (2,) (5%) (4,) 27 28 29 21 211 212 213 214 215 216 217 2. Invested Capital = Net Assets + Interest-Bearing Debt (1%) 3. Return on Invested Capital = Net Income (Loss) Attributable to Shareholders / Invested Capital (4,) 27 28 29 21 211 212 213 214 215 216 217 Net Income (Loss) Attributable to Return on Invested Capital (ROIC) Net Income (Loss) Attributable to Shareholders Shareholders Return on Shareholders Equity (ROE) <Net Income (Loss) Attributable to Shareholders, Return on Invested Capital (ROIC)> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Net Income (Loss) Attributable to Shareholders 42,383 (29,172) 3,518 26,782 16,389 3,23 46,185 62,17 47,29 45,987 63,159 Invested Capital 49,43 383,342 349,921 344,866 341,919 351,449 48,31 465,4 489,136 446,628 498,776 Return on Invested Capital (ROIC) 1.4% (7.6%) 1.% 7.8% 4.8% 8.6% 11.3% 13.4% 9.7% 1.3% 12.7% Notes: 1. Invested Capital is based on the average of previous fiscal year-end result and quarterly results of current fiscal year. (1%) <Net Income (Loss) Attributable to Shareholders, Return on Shareholders Equity (ROE)> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Net Income (Loss) Attributable to Shareholders 42,383 (29,172) 3,518 26,782 16,389 3,23 46,185 62,17 47,29 45,987 63,159 Shareholders Equity 375,662 333,457 32,369 39,54 316,797 343,91 398,736 46,139 467,244 456,874 487,28 Return on Shareholders Equity (ROE) 11.3% (8.7%) 1.2% 8.7% 5.2% 8.8% 11.6% 13.5% 1.1% 1.1% 13.% Notes: 1. Shareholders Equity is based on the average of the beginning and end of each fiscal year. 2. Return on Shareholders Equity = Net Income (Loss) Attributable to Shareholders / Shareholders Equity OMRON Corp. 11 Financial Statement Related Ratios
Shareholders Equity, Shareholders Equity / Total Assets Shareholders Equity per Share, Price Book-Value Ratio (PBR) 6, 1% (Yen) 2,5 (Times) 3. 5, 4, 3, 2, 1, 8% 6% 4% 2% 2, 1,5 1, 5 2.5 2. 1.5 1..5 %. Shareholders Equity Shareholders Equity / Total Assets (%) Shareholders Equity per Share Price Book-Value Ratio (PBR) (Times) <Shareholders Equity, Shareholders Equity / Total Assets> 3E/28 3E/29 3E/21 3E/211 3E/212 3E/213 3E/214 3E/215 3E/216 3E/217 3E/218 Debt 248,865 238,299 225,119 249,138 215,643 24,874 221,926 218,917 236,291 226,944 237,566 Debt / Shareholders Equity Ratio.68.8.73.8.67.56.52.45.53.48.47 Shareholders Equity 368,52 298,411 36,327 312,753 32,84 366,962 43,59 489,769 444,718 469,29 55,53 Total Assets 617,367 538,28 532,254 562,79 537,323 573,637 654,74 711,11 683,325 697,71 744,952 Shareholders Equity / Total Assets 59.7% 55.4% 57.6% 55.6% 59.7% 64.% 65.8% 68.9% 65.1% 67.2% 67.9% Note: Debt / Shareholders Equity Ratio = Debt / Shareholders Equity <Shareholders Equity per Share, Price Book-Value Ratio (PBR)> (Yen) 3E/28 3E/29 3E/21 3E/211 3E/212 3E/213 3E/214 3E/215 3E/216 3E/217 3E/218 Number of Shares (Shares) 221,679,88 22,162,428 22,155,78 22,88,828 22,129,633 22,128,465 22,89,329 217,253,45 213,88,774 213,85,336 21,65,256 Shareholders Equity per Share 1,662 1,355 1,391 1,421 1,458 1,667 1,956 2,254 2,8 2,194 2,4 Stock Price (FYE Closing Price) 2,45 1,157 2,17 2,338 1,78 2,32 4,26 5,42 3,35 4,885 6,26 Price Book-Value Ratio (PBR) (Times) 1.2.9 1.6 1.6 1.2 1.4 2.2 2.4 1.6 2.2 2.6 Notes: 1. Number of Shares = Shares Outstanding at End of Term Treasury Stock at End of Term 2. Shareholders Equity per Share is based on the number of shares outstanding at the end of term. 3. Price Book-Value Ratio (PBR) = Fiscal Year-End Stock Price / Shareholders Equity per Share OMRON Corp. 12 Financial Statement Related Ratios
Dividends, Dividend Payout Ratio (Yen) 8 7 6 5 4 3 2 1 27 28 29 21 211 212 213 214 215 216 217 Dividends Dividend Payout Ratio 12% 15% 9% 75% 6% 45% 3% 15% % Treasury Stock at End of Term, Acquisition and Cancellation (Million Shares) 2 15 1 5 (5) (1) (15) 27 28 29 21 211 212 213 214 215 216 217 Acquisition of Treasury Stock Cancellation of Treasury Stock Treasury Stock at End of Term <Dividends, Dividend Payout Ratio> (Yen) (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Dividends 42 25 17 3 28 37 53 71 68 68 76 Dividend Payout Ratio 22.6% - 16.4% 24.7% 37.6% 27.% 25.3% 25.% 31.1% 31.6% 25.6% Notes: 1. Dividends for fiscal 27 include a commemorative dividend of 5.. 2. Dividends for fiscal 212 include a commemorative dividend of 5.. <Treasury Stock at End of Term, Acquisition and Cancellation> (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Acquisition of Treasury Stock 8,841,722 1,517,38 7,35 66,25 (4,85) 1,168 39,136 2,835,924 3,444,631 3,438 3,2,8 Cancellation of Treasury Stock (1,,) - - - - (12,,) - (9,723,5) (3,439,7) - - Treasury Stock at End of Term 17,441,564 18,958,944 18,966,294 19,32,544 18,991,739 6,992,97 7,32,43 144,467 149,398 152,836 3,352,916 Stock Outstanding at End of Term 239,121,372 239,121,372 239,121,372 239,121,372 239,121,372 227,121,372 227,121,372 217,397,872 213,958,172 213,958,172 213,958,172 Treasury Stock Ratio 7.3% 7.9% 7.9% 8.% 7.9% 3.1% 3.1%.1%.1%.1% 1.6% Note: Treasury Stock Ratio = Treasury Stock at End of Term / Stock Outstanding at End of Term OMRON Corp. 13 Shareholder Return
Consolidated Statements of Income (Loss) (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 Net Sales 762,985 627,19 524,694 617,825 619,461 65,461 772,966 847,252 833,64 794,21 859,982 Costs and Expenses 469,643 48,668 34,352 386,123 391,574 48,954 475,758 514,645 512,792 482,399 52,297 Gross Profit 293,342 218,522 184,342 231,72 227,887 241,57 297,28 332,67 32,812 311,82 357,685 Selling, General and Administrative Expenses 176,569 164,284 133,426 142,365 145,662 152,676 181,225 198,13 25,735 193,539 212,641 Research and Development Expenses 51,52 48,899 37,842 41,3 42,89 43,488 47,928 47,913 52,79 5,697 59,134 Operating Income 65,253 5,339 13,74 48,37 4,136 45,343 68,55 86,591 62,287 67,566 85,91 Other Expenses (Income), net 1,87 44,472 2,879 6,344 6,589 4,16 6,48 (797) (3,399) 2,74 2,543 Income (Loss) before Income Taxes 64,166 (39,133) 1,195 41,693 33,547 41,237 62,7 87,388 65,686 65,492 83,367 Income Taxes 24,272 (1,495) 3,782 14,487 17,826 14,96 19,475 28,893 2,43 19,882 21,615 Minority Interests 217 (277) - - - - - - - - - Equity in Earnings of Affiliates 348 811 2,792 19 (631) (2,976) (3,782) (3,937) (2,39) (712) (1,754) Net income 39,329 (29,172) 3,621 27,16 16,352 3,117 46,314 62,432 47,682 46,322 63,56 Net Income (Loss) Attributable to Noncontrolling Interests - - 13 234 (37) (86) 129 262 392 335 347 Net Income from Discontinued Operations 3,54 - - - - - - - - - - Net Income (Loss) Attributable to Shareholders 42,383 (29,172) 3,518 26,782 16,389 3,23 46,185 62,17 47,29 45,987 63,159 <Per Share Data> (Yen) Net Income (Loss) Attributable to OMRON Shareholders per Share (Basic) 185.9 (132.2) 16. 121.7 74.5 137.2 29.8 283.9 219. 215.1 296.9 Net Income Attributable to Shareholders per Share (Diluted) 185.8-16. 121.7 74.5 137.2 29.8 283.9 219. 215.1 - Cash Dividends per Share Applicable to Period 42. 25. 17. 3. 28. 37. 53. 71. 68. 68. 76. OMRON Corp. 14 Financial Statements
Consolidated Balance Sheets 3E/28 3E/29 3E/21 3E/211 3E/212 3E/213 3E/214 3E/215 3E/216 3E/217 3E/218 (Assets) Current Assets 33,54 275,991 285,758 327,89 38,97 333,694 396,493 434,96 389,69 435,94 437,385 Cash and Cash Equivalents 4,624 46,631 51,726 74,735 45,257 55,78 9,251 12,622 82,91 126,26 113,23 Notes and Accounts Receivable-Trade 166,878 113,551 126,25 137,531 143,34 158,911 174,216 178,775 165,93 169,21 174,65 Allowance for Doubtful Receivables (2,211) (2,562) (2,531) (2,23) (2,25) (1,988) (1,812) (1,624) (1,654) (1,32) (1,117) Inventories 95,125 84,78 77,655 86,151 92,253 91,13 97,677 116,2 17,267 19,44 129,581 Deferred Income Taxes 19,69 16,522 19,988 2,183 17,975 17,611 22,688 19,941 18,469 19,123 - Other Current Assets 9,948 17,141 12,67 11,52 11,513 12,439 13,473 18,362 17,524 13,461 21,833 Property, Plant, and Equipment 152,676 132,535 122,994 119,998 12,76 126,835 135,566 151,452 146,565 127,615 135,13 Land 27,126 26,753 26,376 27,875 26,95 26,591 26,344 26,721 26,376 25,55 24,886 Buildings 128,183 12,244 127,344 125,686 128,87 137,821 14,495 147,12 146,412 141,527 145,389 Machinery and Equipment 167,36 143,81 14,2 136,792 142,148 156,186 171,192 22,149 24,499 189,286 25,233 Construction in Progress 6,277 9,61 2,733 6,836 7,417 6,729 7,126 6,619 6,142 6,14 1,63 Accumulated Depreciation (175,946) (167,324) (173,659) (177,191) (184,679) (2,492) (29,591) (231,157) (236,864) (234,852) (25,468) Investments and Other Assets 134,637 129,754 123,52 114,92 18,52 113,18 122,645 125,463 147,151 134,182 172,464 Investments in and Advances to Affiliates 16,645 15,638 13,637 13,521 14,443 17,939 21,349 24,318 25,48 25,33 27,195 Investment Securities 39,139 31,682 38,556 35,694 36,161 38,193 51,117 57,16 37,55 27,6 29,16 Leasehold Deposits 8,87 7,784 7,452 7,126 7,219 6,914 6,95 6,971 6,758 6,97 7,531 Deferred Income Taxes 28,151 53,783 45,737 42,19 34,516 3,612 2,918 6,366 22,8 21,11 39,947 Other Assets 42,615 2,867 18,12 16,371 16,181 19,45 22,311 3,72 56,21 53,865 3,7 Total 617,367 538,28 532,254 562,79 537,323 573,637 654,74 711,11 683,325 697,71 744,952 OMRON Corp. 15 Financial Statements
Consolidated Balance Sheets 3E/28 3E/29 3E/21 3E/211 3E/212 3E/213 3E/214 3E/215 3E/216 3E/217 3E/218 (Liabilities) Current Liabilities 177,69 135,38 155,562 181,432 152,896 145,71 162,77 176,762 162,663 172,81 182,778 Short-Term Debt 17,795 32,97 16,612 45,519 18,774 5,57 488 - - 156 - Notes and Accounts Payable-Trade 94,654 58,179 68,874 77,836 79,331 75,592 85,218 92,72 82,66 89,362 93,792 Accrued Expenses 3,622 24,791 25,891 29,414 29,179 32,818 39,897 41,942 37,975 39,354 44,291 Income Taxes Payable 8,959 711 2,71 2,188 623 3,97 6,34 3,68 6,89 6,994 6,414 Other Current Liabilities 24,517 17,899 21,16 26,244 24,989 27,814 3,764 38,438 35,192 36,215 38,281 Current Portion of Long-Term Debt 522 488 2,315 231 - - - - - - - Long-Term Debt 1,492 21,41 1,29 849 - - - - - - - Deferred Income Taxes 3,887 941 886 697 738 595 2,167 697 66 763 76 Termination and Retirement Benefits 63,536 8,443 66,964 65,485 6,432 56,944 5,683 3,393 62,289 43,78 42,342 Other Long-Term Liabilities 863 476 417 675 1,577 1,634 6,369 11,65 1,679 1,392 11,74 Minority Interests 2,18 1,57 - - - - - - - - - Total Liabilities 248,865 238,299 225,119 249,138 215,643 24,874 221,926 218,917 236,291 226,944 237,566 (Net Assets) Shareholders Equity 368,52 298,411 36,327 312,753 32,84 366,962 43,59 489,769 444,718 469,29 55,53 Common Stock 64,1 64,1 64,1 64,1 64,1 64,1 64,1 64,1 64,1 64,1 64,1 Capital Surplus 98,961 99,59 99,81 99,81 99,78 99,66 99,67 99,7 99,11 99,138 99,588 Legal Reserve 8,673 9,59 9,363 9,574 1,34 1,876 11,196 13,43 15,194 17,813 19,94 Retained Earnings 266,451 231,388 23,859 25,824 26,557 253,654 287,853 31,174 317,171 346, 39,95 Accumulated Other Comprehensive Income (Loss) (28,217) (6,744) (52,614) (66,227) (68,433) (44,349) (15,162) 12,489 (5,24) (57,363) (49,359) Foreign Currency Translation Adjustments (5,782) (22,319) (23,678) (34,46) (36,544) (14,224) 4,536 26,313 2,541 (6,327) (3,176) Pension Liability Adjustments (29,245) (4,57) (36,553) (38,736) (38,815) (39,73) (38,29) (36,486) (64,525) (56,571) (53,785) Net Unrealized Gains, (Losses) on Available-for-Sale Securities 6,51 2,763 7,684 6,57 6,995 9,58 18,466 22,478 11,884 5,765 7,426 Net Gains (Losses) on Derivative Instruments 39 (618) (67) (15) (69) 25 (135) 184 (14) (23) 176 Treasury Stock (41,466) (44,451) (44,462) (44,599) (44,496) (16,385) (16,545) (467) (644) (659) (19,689) Noncontrolling Interests - - 88 899 84 1,81 2,269 2,325 2,316 1,728 1,856 Total Net Assets - - 37,135 313,652 321,68 368,763 432,778 492,94 447,34 47,757 57,386 Total 617,367 538,28 532,254 562,79 537,323 573,637 654,74 711,11 683,325 697,71 744,952 OMRON Corp. 16 Financial Statements
Consolidated Statements of Cash Flows (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 I. Operating Activities Net Income (Loss) Attributable to Shareholders 42,383 (29,172) - - - - - - - - - Net Income - - 3,621 27,16 16,352 3,117 46,314 62,432 47,682 46,322 63,56 Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities Depreciation and Amortization 36,343 33,496 27,14 22,984 22,617 22,452 25,89 28,339 31,46 28,966 29,465 Net Loss on Sale and Disposals of Property, Plant and Equipment 963 1,983 558 66 861 578 1,146 3,432 (485) 75 949 Loss on Impairment 168 21,23 217 413 671 3,265 84 137 463 12,998 911 Net Gain on Sale of Investment Securities (1,571) (64) (636) (7) (37) (677) (1,714) (4,337) (1,499) (3,764) (3,3) Loss on Impairment of Investment Securities 2,297 5,41 632 85 391 1,86 51 166 68 558 155 Loss on Impairment of Goodwill - 16,813 - - 2,9 153 - - - - - Gain on Retirement Benefit Trust - - - - - - - - (4,14) (7,4) - Termination and Retirement Benefits (1,722) (1,39) (5,11) (4,785) (5,669) (4,433) (4,417) (17,427) 698 2,863 2,76 Deferred Income Taxes (131) (13,895) (1,31) 5,374 9,981 3,762 2,17 11,938 2,283 11 (2,67) Minority Interests 217 (277) - - - - - - - - - Equity in loss (earnings) of affiliates 348 811 2,792 19 (631) (2,976) (3,782) (3,937) (2,39) (712) (1,754) Loss (Gain) on Sales of Business Entities (5,177) - - - - - - - - (3,686) 14 Change in Assets and Liabilities Decrease (Increase) in Notes and Accounts Receivable-Trade 4,977 47,526 (14,44) (16,227) (6,838) (5,827) (6,613) 3,384 9,436 (8,923) (3,21) Decrease (Increase) in Inventories (3,2) 5,776 4,977 (12,174) (6,538) 8,641 (325) (1,671) 6,61 (7,112) (17,49) Decrease (Increase) in Other Assets 644 (7,689) 4,457 1,48 (483) 21 (32) (2,828) 1,3 2,64 (6,113) Increase (Decrease) in Notes and Accounts Payable-Trade 5,35 (34,46) 13,298 9,31 682 (5,927) 5,824 1,658 (7,189) 8,384 4,116 Increase (Decrease) in Income Taxes Payable (2,663) (8,44) 1,995 (453) (1,562) 3,121 2,277 (3,127) 3,433 852 (614) Increase (Decrease) in Accrued Expenses and Other Current Liabilities (1,846) (8,29) 4,554 8,383 388 1,519 1,883 6,318 (4,614) 5,97 6,276 Other, net 463 1,266 (139) (518) 22 (1,817) 919 1,58 1,586 (284) 285 Net Cash Provided by Operating Activities 68,996 31,48 42,759 41,956 31,946 53,58 79,44 77,57 84,27 77,875 73,673 OMRON Corp. 17 Financial Statements
Consolidated Statements of Cash Flows (Fiscal Year) 27 28 29 21 211 212 213 214 215 216 217 II. Investing Activities Proceeds from Sales or Maturities of Investment Securities - - 1,4 19 693 1,658 2,84 5,274 2,214 4,66 3,776 Purchase of Investment Securities - - (15) - (911) - (2,179) (63) (33) (3,274) (649) Net Proceeds (Purchase) of Short-Term Investments and Investment Securities (3,51) (4,49) - - - - - - - - - Capital Expenditures (37,848) (37,477) (2,792) (21,647) (27,52) (3,383) (32,218) (37,123) (37,93) (25,816) (38,542) Decrease (Increase) in Leasehold Deposits, Net 417 228 335 276 (11) 457 75 118 115 (145) (634) Proceeds from Sales of Property, Plant and Equipment 5,38 1,46 1,49 1,66 2,37 836 794 768 2,239 2,278 99 Equity Transaction with Noncontrolling Interests - - (16) - - (1) - - - - - Decrease (Increase) in Investment in and Loans to Affiliates (85) (16) (931) 2 (48) (1,884) 29 (3) (2) 3 - Payment for Acquisition of Business, Net (8,26) - - - (1,12) 141 (672) (8,3) (33,448) - (2,445) Proceeds from Sale of Business, Net of cash paid 8,89-431 (34) - 9 26 - - 7,187 (427) Other, net - - - - 52 624-82 17 93 89 Net Cash Used in Investing Activities (36,681) (4,628) (18,584) (2,21) (26,486) (28,471) (31,125) (39,517) (67,116) (15,41) (55,842) III. Financing Activities Net Borrowings (Repayments) of Short-Term Debt (3,523) 15,291 (16,282) 29,52 (26,744) (13,273) (5,135) (853) 2 155 951 Proceeds from Issuance of Long-Term Debt and Warrants 28 2, 35 2 - - - - - - - Repayments of Long-Term Debt (772) (916) (524) (2,299) - - - - - - - Dividends Paid (8,259) (9,52) - - - - - - - - - Dividends Paid by the Company - - (3,83) (5,285) (6,64) (6,164) (1,566) (12,985) (16,77) (14,539) (15,378) Dividends Paid to Noncontrolling Interests - - (762) - (15) (2) - (277) (256) (297) (215) Acquisition of Treasury Stock (22,348) (2,995) (13) (14) (1) - (161) (15,54) (15,23) (16) (18,53) Sales of Treasury Stock 7 7 1 3 2 - - - - - - Exercise of Stock Options 386 - - - - - - - - - - Proceeds from Equity Transactions with Noncontrolling Interests - - - - - 819 22 - - - - Payments from Equity Transactions with Noncontrolling Interests - - - - - - - - - (47) - Other, net - - - - (121) 7 (458) (134) (196) 155 9 Net Cash Provided by (used in) Financing Activities (34,481) 21,867 (2,358) 3,333 (33,492) (18,55) (16,298) (29,33) (31,55) (15,12) (33,82) IV. Effect of Exchange Rate Change on Cash and Cash Equivalents (25) (6,64) 1,278 (2,7) (1,446) 4,414 2,922 4,134 (5,253) (4,76) 2,248 Net Increase (Decrease) in Cash and Cash Equivalents (2,371) 6,7 5,95 23,9 (29,478) 1,451 34,543 12,371 (19,712) 43,116 (13,3) Cash and Cash Equivalents at Beginning of the Year 42,995 4,624 46,631 51,726 74,735 45,257 55,78 9,251 12,622 82,91 126,26 Cash and Cash Equivalents at End of the Year 4,624 46,631 51,726 74,735 45,257 55,78 9,251 12,622 82,91 126,26 113,23 OMRON Corp. 18 Financial Statements
OMRON Corporation Investor Relations Department Global Investor & Brand Communications Headquarters SHINAGAWA FRONT BUILDING 7F 2-3-13, KONAN, MINATO-KU, TOKYO 18-75 JAPAN PHONE: +81-3-6718-3421 FAX: +81-3-6718-3429 URL: https://www.omron.com/about/ir/