Omron 1999 Annual Report Download - page 9

Electronic Components Company
The Electronic Components Company
manufactures and sells electric and
electronic components found in such
consumer goods as home appliances
and automobiles as well as such business
equipment as telephone systems, vend-
ing machines, and office equipment.
More than 50% of the company’s
consolidated net sales are overseas.
The products of the company are indis-
pensable for companies in the Japanese
electronics industry and sales are ex-
pected to grow further.
The mission of the company is to
establish a system that can support the
development and supply of advanta-
geous electronic components globally.
The company will develop and expand
high-technology products, such as
microsensors that use semiconductor
processes, microconnectors, and multi-
function power window switches for
vehicles in the global market, aimed
at expanding businesses in the future.
Social Systems Business
Company
The Social Systems Business Company
supplies automatic equipment and sys-
tems to railway and subway companies,
banks and financial institutions, retail
companies, as well as government and
municipal offices, thereby contributing
to providing society with convenience,
amenity, and safety. Typical products
of the company are automated teller
machines (ATMs), ticket vending ma-
chines at train stations, automated
passenger gates, and traffic control
systems. In these domains, the com-
pany is a pioneer, anticipating trends
and developing new models, thus
winning customer confidence. The
company also understands such social
changes as Big Bang deregulation in
the banking industry and the advance-
ment of information technology (IT),
digitization, and networking business
opportunities. Following this, the com-
pany will provide multiple terminal
equipment that features purchasing,
ticket reservation, and issuing capabili-
ties; information retrieval functions;
conventional ATM functions; as well as
new IT-related and public transportation
system related products. At the same
time, the company will strive to
enhance profitability.
Healthcare Company
The Healthcare Company sells health-
care equipment, such as blood pres-
sure monitors, digital thermometers,
body-fat monitors, and ultrasonic elec-
tronic pulse massagers. Such products
draw on OMRON’s highly advanced
sensing technologies. Healthcare is a
growing business, as people today are
increasingly concerned with living an
active life and maintaining good health.
Amid such favorable circumstances,
the company has drawn up the follow-
ing three policies to expand business:
(1) Strengthen the power of technologi-
cal development: Through core vital
sensing technologies, the company will
provide customers with added value.
(2) Globalize: The company aims at
becoming the number one provider in
this area in the world.
(3) Establish a service business: The
company will develop software that
helps customers monitor and analyze
their health conditions in pursuit of
healthier lives. Through this healthcare
consultation service, the Company aims
to establish an integrated healthcare
business, thus maximizing customer
satisfaction.
Creative Service Company
OMRON began its outsourcing busi-
ness 10 years ago and established the
Creative Service Company subsidiary
in 1995. Since then, this subsidiary has
been providing the OMRON Group with
such outsourcing services as distribu-
tion, advertising and public relations,
personnel, information systems, admin-
istration, employee benefit schemes,
and accounting. Now, the company is
expanding its business to provide ser-
vices to companies outside of OMRON
as well. In this expansion, it will use
the technologies and know-how it has
acquired from providing in-house ser-
vices for OMRON. The outsourcing
service industry is expected to grow
significantly in the future. Through the
establishment of its outsourcing business,
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Tsutomu Narita
Company President,
Electronic Components Company
Tadao Tateisi
Company President,
Social Systems Business Company
Tsunehiko Tokumasu
Company President,
Healthcare Company