Omron Corporation sales and income continue to grow

JULY 6--Omron Corporation (Schaumburg, IL), parent company of Omron Electronics LLC, its industrial automation Americas subsidiary, posted sales of $5.65 billion worldwide in the fiscal year ended March 31, 2005, and net income of $280.1 million. This is a year-to-year increase for the company of 4.1% in sales and 12.6% in net income.

Leading this growth was the corporation's industrial-automation division, with worldwide sales of $2.3 billion, an increase of 9% over the previous year. Industrial automation sales by Omron Electronics LLC in the USA outperformed that figure, with dramatic double-digit growth over the previous year.

"This has been a record year for us in automation sales," said Craig Bauer, president and chief operating officer of Omron Electronics LLC. "I credit our growth, in an uncertain business climate, to our associates increased attention to customer service, our new strategic focus, and our success in the packaging space."

The continuing strong growth of Omron Corporation is a major focus of the company's Grand Design 2010, now in its second stage. This long-range plan targets the company's development during the first decade of the 21st century, and emphasizes maximizing corporate value over the long term, by implementing value-focused management intended to grow the company and fulfill its investors' expectations. The primary objective of the second stage of the plan is to double the value of Omron Corporation's business by the year 2007.

For further information, see the Omron Electronics LLC Web site: www.omron.com/oei.