OMRON Announces Revision to Forecast of Financial Results for the First Half of Fiscal 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, Oct 23, 2006 - (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) - OMRON The OMRON Corporation (オムロン株式会社 Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 6645; US: OMRNY), a global leader in factory automation, sensing and control technologies, announced a revision to its forecast for consolidated and non-consolidated financial results for the first half of the fiscal year ending March 31, 2007 (April 1, 2006 - March 31, 2007). The revised outlook amends AMENDS. A satisfaction, given by a wrong doer to the party injured for a wrong committed. 1 Lilly's Reg. 81. 2. By statute 24 Geo. II. c. 44, in England, and by similar statutes in some of the United States, justices of the peace, upon being notified of an the previous forecast that was announced on April 26, 2006. Forecasts for FY06 full-term financial results are currently being calculated and checked, and will be announced when the financial results for the first half are reported on October 30, 2006. Details of the revision are outlined below. 1. Revision to Forecast for FY06 Mid-term Financial Results (April 1, 2006 - September 30, 2006) (1) Revision to Forecast for Consolidated Mid-term Financial Results
(Units: millions of yen)
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Net Sales Income before Net income
income taxes
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Previously announced 320,000 22,000 12,500
forecast (A)
Revised forecast (B) 329,000 30,000 15,000
Difference (B-A) 9,000 8,000 2,500
Difference (%) 2.8% 36.4% 20.0%
(Reference)
Previous mid-term 285,362 31,755 16,728
(ended September 30, 2005)
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(2) Revision to Forecast for Non-consolidated Mid-term Financial Results
(Units: millions of yen)
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Net Sales Ordinary Net income
income FY06 mid-term
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Previously announced 156,000 16,000 21,000
forecast (A)
Revised forecast (B) 153,000 19,000 28,000
Difference (B-A) (3,000) 3,000 7,000
Difference (%) (1.9%) 18.8% 33.3%
(Reference)
Previous mid-term 139,319 22,618 24,863
(ended September 30, 2005)
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2. Reasons for the Revision Due to a rise in operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. and other increases in income such as the gains resulting from the establishment of a retirement benefit trust, the Company's consolidated and non-consolidated profits for FY06 mid-term are expected to exceed previous forecasts. N.B. This press release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are based on the management's view from the information available at the time of the announcement. Actual results may be materially different due to various factors in the future. 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 Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. ), Europe (Amsterdam) and US (Chicago). For more information, visit OMRON's website at www.omron.com Source: OMRON Corporation Contact: Masaki Haruta Corporate Management Headquarters Accounting Group Tel: +81-75-344-7070 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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