OMRON Announcement of Increased Dividend Forecast for Fiscal Year Ending March 31, 2007.Tokyo, Japan, Feb 22, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - On February 22, 2007, OMRON Corporation's (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 6645; ADR ADR - Astra Digital Radio : OMRNY) Board of Directors passed a resolution to make an upward revision to the year-end dividend Year-end dividend A special dividend declared at the end of a fiscal year that usually represents distribution of higher-than-expected company profits. year-end dividend See final dividend. forecast for fiscal year 2006, which was originally announced on October 30, 2006. 1. Reason for Upward Revision of Dividend Forecast As announced on January 30, 2007, OMRON expects to achieve record consolidated profits in fiscal year 2006, making this the company's fifth consecutive year of increased consolidated revenue and income. OMRON is fully aware that this success is due in large part to the support of its shareholders and other stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. . As an expression of gratitude for this continued support, OMRON will raise the year-end dividend payment to 19 yen per share for the fiscal year ending March 31, 2007. Added to the interim dividend of 15 yen per share paid on December 6, 2006, this means that the dividend payout for the full year will be 34 yen per share. This decision was made at a Board of Directors meeting held on February 22, 2007, and is planned to be submitted to the 70th General Meeting of Shareholders scheduled for June this year. 2. Revised Figures
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Dividend Per Share
Interim Year-end Annual
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Previous Forecast
(October 30, 2006) 15 yen 15 yen 30 yen
Revised Forecast 15 yen 19 yen 34 yen
Dividend paid to date in
Fiscal 2006 15 yen - -
Fiscal 2005 Results
(March 31, 2006) 12 yen 18 yen 30 yen
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About OMRON Corporation Headquartered in Kyoto, Japan, OMRON Corporation (TSE: 6645; NYSE NYSE See: New York Stock Exchange : OMRNY) is a global leader in the field of automation. Established in 1933 and headed by President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Hisao Sakuta, OMRON has more than 28,000 employees in over 35 countries working to provide products and services to customers in a variety of fields including industrial automation, electronic components, social systems (ticket gate machines, ticket vending machines vending machine, coin-operated, automatic device for selling goods. Many vending machines are capable of making change, and some of the more sophisticated ones accept paper money or credit cards. and traffic control) and healthcare. The company is divided into five regions and head offices are in Japan (Kyoto), Asia Pacific (Singapore), China (Shanghai), Europe (Amsterdam) and US (Chicago). For more information, visit OMRON's website at www.omron.com Source: OMRON Corporation Contact: Hiroshi Oishi General Manager Finance and Investor Relations Headquarters Phone: +81-3-3436-7170 Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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