OMRON Announces Revision to Forecast for Fiscal 2006 Full-Year Financial Results <6645.T>.

Kyoto, Japan, Oct 30, 2006 - (JCN Newswire) - OMRON  Corporation (TSE: 6645; ADR: OMRNY), a global leader in automation, sensing and control technology, announced a revision to its forecast for consolidated and non-consolidated financial results for the full year ending March 31, 2007 (April 1, 2006 - March 31, 2007). The revised outlook amends the previous forecast that was announced on April 26, 2006. Details of the revision are outlined below.

Revision to Forecast for FY06 Consolidated Full-year Financial Results (April 1, 2006 - March 31, 2007)

(U.S. GAAP)

                                                  (Millions of yen)
-------------------------------------------------------------------
                  Net Sales   Income before     Net income
                                       income taxes
-------------------------------------------------------------------
Previously announced        700,000          65,000         37,500
 forecast (A)

Revised forecast (B)        740,000          65,000         37,500

Difference (B-A)             40,000              --             --

Difference (%)                 5.7%              -%             -%

Previous Full Year          626,782          64,782         35,763
 (ended March 31, 2006)
-------------------------------------------------------------------

Revision to Forecast for FY06 Non-consolidated Full-year Financial Results (April 1, 2006 - March 31, 2007)

                                                  (Millions of yen)
-------------------------------------------------------------------
                          Net Sales        Ordinary     Net income
                                             income
-------------------------------------------------------------------
Previously announced        342,000          25,000         26,000
 forecast (A)

Revised forecast (B)        342,000          28,000         33,000

Difference (B-A)                 --           3,000          7,000

Difference (%)                   -%           12.0%          26.9%

Previous Full Year          312,072          31,830         28,632
 (ended March 31, 2006)
-------------------------------------------------------------------

Reasons for Revisions

i) Consolidated

In markets related to the Omron Group, sales of factory automation control systems, the Omron Group's core business, are expected to remain strong in the second half of FY06, supported by robust capital investment. In light of this, and the contribution of sales from acquired subsidiaries, the Company expects sales to exceed initial projections and has revised its forecast to 740 billion yen accordingly.

With regard to consolidated profits, although cost increases are expected due to higher prices for raw materials such as silver and copper, Omron expects to meet its initial projections of 65 billion yen in income before income taxes and 37.5 billion yen in ordinary income due to the positive effect of the weaker yen as well as efficient management of SG&A expenses and an increased gain on establishment of a retirement benefit trust.

ii) Non-consolidated

As with consolidated financial results, markets related to the Omron Group are expected to remain strong in the second half of FY06, and the Company expects to meet its initial projections for sales of 342 billion yen.

Ordinary income is expected to exceed initial projections due to efficient management of SG&A expenses, and the Company has revised its forecast to 28 billion yen accordingly.

Net income is also expected to exceed initial projections as a result of the increase in ordinary income as well as factors such as the increased gain on establishment of a retirement benefit trust and the effects of the introduction of the consolidated tax system. Accordingly, the Company has revised its forecast for net income to 33 billion yen.

(N.B.) The figures in these financial results forecasts have been calculated based on the information available to management at the present time. As a result of changes in industry conditions such as trends in demand for equipment investment, fluctuations in currency exchange rates, and other factors that are difficult to predict due to changes in the internal and external environment, actual results may differ materially from these forecasts.

About OMRON Corporation

Headquartered in Kyoto, Japan, OMRON Corporation (TSE: 6645; NYSE: OMRNY) is a global leader in the field of automation. Established in 1933 and headed by President and CEO 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, 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:

OMRON Corporation
Masaki Haruta, General Manager
Corporate Management Headquarters Accounting Group
Phone: [phone]

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