Omron 2004 Annual Report Download - page 2

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A Caution Concerning Forward-Looking Statements
Statements in this annual report with respect to Omron’s plans, strategies and benefits, as well as other statements that are not historical facts,
are forward-looking statements involving risks and uncertainties. Important factors that could cause actual results to differ materially from such
statements include, but are not limited to, general economic conditions in Omron’s markets, which are primarily Japan, North America, Europe,
Asia-Pacific and China; demand for, and competitive pricing pressure on, Omron’s products and services in the marketplace; Omron’s ability to
continue to win acceptance for its products and services in these highly competitive markets; and movements of currency exchange rates.
Definition of Terms
All references to “Omron” and “the Company” herein are to Omron Corporation; references to “the Omron Group” and “the Group” refer to
Omron Corporation and consolidated subsidiaries and affiliates.
CONTENTS
1Financial Highlights
2Corporate Philosophy —Corporate Public Responsibility—
4To Our Shareholders, Customers, and All Other Stakeholders
7Special Feature:
FY2004 - 2007 Medium-Term Management Plan “GD2010 New Phase 2”
10 Business Lineup
12 Industrial Automation Business (IAB)
14 Electronic Components Business (ECB)
16 Automotive Electronic Components Business (AEC)
18 Social Systems Business (SSB)
20 Healthcare Business (HCB)
22 Other Businesses
23 Research & Development
24 Corporate Social Responsibility
27 Corporate Governance and Compliance
28 Directors, Corporate Auditors and Corporate Officers
29 Financial Section
67 Global Network
69 Stock Information
The Omron Group has developed its business in a global setting, aiming to
provide innovative devices and solutions that meet the requirements of
industry and society, and that help to improve the quality of life.
In fiscal 2003, ended March 31, 2004, the Group achieved its highest-ever
profits and attained the ROE target of 10% one year ahead of the schedule
laid out in Grand Design 2010, the Group’s long-term management plan in
effect through fiscal 2010. Now is the time to prepare the ground for the next
surge of growth. To this end, we presently are focusing on implementing the
second phase of Grand Design 2010, dubbed GD 2010 New Phase 2, which
covers the period from fiscal 2004 to fiscal 2007.
Leveraging our core sensing & control technology competencies in combi-
nation with our decades of accumulated business experience, we will contin-
ue to pursue our goal of becoming the leading company in the global indus-
try as we steadily fulfill our mission to contribute meaningfully to the devel-
opment of society.
PROFILE