Omron 2016 Annual Report Download - page 54

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Our Environmental Solutions and Backlights businesses experienced a significant decline in
sales for the year, mainly due to major changes in the business environment. We reallocated
resources to new growth fields within these businesses, rebuilding our earnings structure.
While the business environment is expected to remain challenging throughout fiscal 2016,
we will continue to reform our business structure for growth and profit.
Other Businesses
Hybrid Storage System for Solar Power LCD Backlights
● Fiscal 2015: Slack demand in the solar power
generation market led to a significant decrease
in revenues.
● Fiscal 2016: We forecast higher revenues
driven by demand for both existing products
and new systems that integrate storage
batteries.
● Fiscal 2015: Decrease in demand in the
Chinese smartphone market resulted in sharply
lower revenues.
● Fiscal 2016: Despite slowing growth in the
smartphone market, we forecast higher
revenues as we capture demand by responding
to changes in customer needs.
● Fiscal 2015: Higher revenues due to strong
demand for uninterruptible power supply units
and contract development and production
services for electronic devices.
● Fiscal 2016: We forecast higher revenues as
we expand our lineup of uninterruptible power
supply units.
● Fiscal 2015: Decrease in demand for
smartphone microphones resulted in lower
revenues.
● Fiscal 2016: We forecast revenue growth due
to expected demand for smartphone
microphones and absolute pressure sensors.
Review of Operations
Micro Devices BusinessElectronic Systems and Equipment Business
Backlights BusinessEnvironmental Solutions Business
Uninterruptible Power Supply Units MEMS Pressure Sensors
Business Segment
52 OMRON Corporation