Omron 2001 Annual Report Download - page 21

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Six-year Summary
Omron Corporation and Subsidiaries
Years ended March 31
Millions of yen (except per share data)
2001 2000 1999 1998 1997 1996
Net Sales (Note 2):
Industrial Automation ...................................... ¥239,225 ¥215,087 ¥245,785 ¥ — ¥ — ¥ —
Electronic Components................................... 117,910 109,661 56,673 — — —
Social Systems Business ................................ 141,928 128,534 135,872 138,203 145,172 125,623
Healthcare ....................................................... 39,327 42,640 43,729 40,793 36,388 31,618
Open Systems ................................................. —— — 50,131 50,187 38,621
Control Components and Systems ................. —— — 313,642 291,277 275,149
Specialty Products .......................................... —— — 47,263 46,533 38,687
Others.............................................................. 55,869 59,436 73,221 21,763 24,704 15,591
594,259 555,358 555,280 611,795 594,261 525,289
Costs and Expenses:
Cost of sales.................................................... 376,194 358,911 364,314 387,445 388,005 342,500
Selling, general and
administrative expenses................................ 131,203 133,662 136,734 138,404 130,163 109,117
Research and development expenses............ 42,513 36,605 42,383 39,914 35,188 34,433
Interest expenses, net ..................................... 111 750 862 682 1,591 2,044
Foreign exchange loss, net ............................. 1,389 2,841 2,766 4,419 860 5,027
Other expenses (income), net.......................... 2,812 1,553 (28) (1,312) (794) (84)
554,222 534,322 547,031 569,552 555,013 493,037
Income before Income Taxes and
Minority Interests ............................................ 40,037 21,036 8,249 42,243 39,248 32,252
Income Taxes .................................................... 17,318 9,048 6,044 23,371 22,952 17,039
Minority Interests .............................................. 422 427 31 168 557 626
Net Income......................................................... 22,297 11,561 2,174 18,704 15,739 14,587
Net Income per Share (yen):
Basic .............................................................. ¥ 87.4 ¥ 45.0 ¥ 8.3 ¥ 71.4 ¥ 60.1 ¥ 55.7
Diluted............................................................. 85.3 44.5 8.3 69.8 58.8 54.5
Cash Dividends per Share (yen, Note 1).......... 13.0 13.0 13.0 13.0 13.0 13.0
Capital Expenditures (cash basis)................... ¥ 37,583 ¥ 31,146 ¥ 36,696 ¥ 35,896 ¥ 29,956 ¥ 34,079
Total Assets....................................................... 593,144 579,489 580,586 593,129 610,930 612,929
Total Shareholders’ Equity............................... 325,958 336,062 321,258 343,066 333,102 318,194
Value indicators:
Gross profit margin (%)................................... 36.7 35.4 34.4 36.7 34.7 34.8
Income before tax/Net sales (%)..................... 6.7 3.8 1.5 6.9 6.6 6.1
Return on sales (%)......................................... 3.8 2.1 0.4 3.1 2.6 2.8
Return on assets (%)....................................... 6.8 3.6 1.4 7.0 6.4 5.4
Return on equity (%)........................................ 6.7 3.5 0.7 5.5 4.8 4.7
Inventory turnover (times)................................ 4.44 4.56 4.18 4.28 4.66 4.51
Price/earning ratio (times)................................ 23.6 64.9 175.0 28.3 36.6 42.2
Assets turnover (times).................................... 1.01 0.96 0.95 1.02 0.97 0.88
Debt/equity ratio (times).................................. 0.820 0.724 0.807 0.729 0.834 0.926
Interest coverage ratio (times)......................... 26.83 14.64 5.56 20.05 12.27 8.47
Notes: 1. Cash dividends per share represent the amounts applicable to the respective year, including dividends to be paid after the end of the year.
2. Certain reclassifications have been made to the net sales amounts previously reported for 2000 in order for them to conform to 2001 categories. The
amounts previously reported for 2000 were: Industrial Automation, ¥243,604 million; Electronic Components, ¥68,328 million; Others, ¥72,252 million.
These same reclassifications could not be made to net sales amounts previously reported for 1999 and prior years because the necessary data is not
readily available.
Financial Section
Omron Corporation 19