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OMRON Notice of Dissolution of Affiliated Company.


Tokyo, Japan, Oct 5, 2005 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
JCN Journal of Cardiovascular Nursing
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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), a global leader in automation, sensing and control technology has dissolved its overseas affiliated company OMRON ELECTRONICS Lda. (Portugal) on September 30, 2005.

OMRON ELECTRONICS Lda. was in charge of sales of control equipment in the Portuguese market. In order to centralize cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 the sales function in the Iberian Peninsula Iberian Peninsula, c.230,400 sq mi (596,740 sq km), SW Europe, separated from the rest of Europe by the Pyrenees. Comprising Spain and Portugal, it is washed on the N and W by the Atlantic Ocean and on the S and E by the Mediterranean Sea; the Strait of Gibraltar  (Portugal and Spain), integrate the administration and boost the efficiency of sales administrative expenses, Omron transfered these functions to OMRON ELECTRONICS Iberia S.A., which is located in Spain.

The effect on OMRONs financial results for the fiscal year ending March 2006 will be minimal.

OMRON ELECTRONICS Lda. Company profile
Trading Name                OMRON ELECTRONICS Lda.
Location                    Lisbon, Portugal
Representative              Fernando Colas
Date of Establishment       May 5, 1988
Capital                     400,000 EUROS
Shareholders                100% owned by OMRON ELECTRONICS Iberia S.A.
Description of Business     Sales of control equipment


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Publication:JCN Newswires
Geographic Code:9JAPA
Date:Oct 5, 2005
Words:166
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