OMRON Announces Increased Dividend Forecast for Fiscal Year ending March 31, 2006.Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, Feb 23, 2006 - (JCN JCN Japan Corporate NewsJCN 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) - OMRON Corporation (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) is pleased to announce that its Board of Directors passed a resolution today 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 2005, originally announced on October 31, 2005. As announced on January 30, 2006, OMRON Corporation expects to achieve highest ever consolidated profits in FY2005, making this the company's fourth consecutive year of record consolidated revenues and income. We are fully aware that this success is due in large part to the support of our 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 our gratitude Gratitude agrimony traditional symbol for gratitude. [Flower Symbolism: Flora Symbolica, 172] Androcles because he had once extracted a thorn from its paw, the lion refrained from attacking Androcles in the arena. [Rom. Lit. for this continued support, we have decided to raise the year-end dividend payment to 18 yen per share for the fiscal year ending March 31, 2006. Added to the interim dividend of 12 yen per share paid on December 6, 2005, this means that the dividend payout pay·out n. 1. The act or an instance of paying out. 2. A percentage of corporate earnings that is paid as dividends to shareholders. for the full year will be 30 yen per share. This decision was made at a Board of Directors meeting held today, and is planned to be submitted to the 69th General Meeting of Shareholders scheduled for June this year. OMRON is committed to striving for even better business performance in the future, and creating greater value for our shareholders by maintaining a high level of dividend payments. Dividend Forecast Revisions for the Year Ending March 31, 2006
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Dividend Per Share
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Interim Year-end Annual
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Previous Forecast
(31 October, 2005) 12 yen 12 yen 24 yen
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Revised Forecast 12 yen 18 yen 30 yen
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Fiscal 2004 Results
(31 March, 2005) 10 yen 14 yen 24 yen
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About OMRON Headquartered in Kyoto, Japan, OMRON Corporation is a global leader in the field of automation. Established in 1933 and headed by President Hisao Sakuta, Omron has more than 25,000 employees in over 35 countries working to provide products and services to customers in a variety of fields including industrial automation, electronic components industries, and healthcare. The company is divided into five regions and head offices are in Japan (Kyoto), Asia Pacific (Singapore), China (Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. ), Europe (Amsterdam) and US (Chicago). The European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. organisation has its own development and manufacturing facilities, and provides local customer support in all European countries. For more information, visit Omron's Web site at www.omron.com. Source: OMRON Contact: For Investor Relations enquiries: Yutaka Fujiwara, Senior General Manager, Finance and Investor Relations Headquarters Phone:+81-3-3436-7170 For press related enquiries: Omron Corporation Corporate Brand Communications Department Takayuki Nakamura (takayuki_nakamura@omron.co.jp ) James Seddon (james_seddon@omron.co.jp ) Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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