Omron 2005 Annual Report Download - page 4

Download and view the complete annual report

Please find page 4 of the 2005 Omron annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 80

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80

Establish
a profit
structure
1st Stage
ROE 10%
Double
total business
value
Balancing
growth &
earnings
2nd Stage
Achieve a
growth
structure
3rd Stage
FY 2001
Ta r get
FY 2004 FY 2007 FY 2010
Maximize Long-Term
Corporate Value
0
200
400
600
800
0
3
6
9
12
Net sales (left axis)
Operating income (left axis)
Opreating income margin (right axis)
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2007
(Target)
(FY)
(%)(Billions of yen)
1st Stage 2nd Stage 3rd Stage
2
SNAPSHOT
WE ARE STEADILY WORKING OUR WAY TOWARD THE ESTABLISHMENT
OF PLATFORMS FOR SUSTAINED GROWTH.
MAXIMIZE LONG-TERM CORPORATE VALUE
In 2001, the Omron Group formulated Grand Design 2010 (GD2010), a long-term management plan expressing
the desired direction for the Group over the coming decade, with a priority goal of maximizing corporate value
over the long term. Furthermore, we divided the GD2010 into three stages (Medium-term Management Plans)
and have assigned a theme to each of them. Currently in the second stage, we are working on Balancing Growth
& Earnings, with the target of doubling total business value.
THREE CONSECUTIVE TERMS OF INCREASE IN BOTH SALES AND PROFIT ACHIEVED
The Omron Group is steadily expanding its performance, aiming to achieve the final goal of the second stage (net
sales of ¥750 billion and operating income of ¥75 billion in fiscal 2007). In fiscal 2004, we broke our record in both
operating income and net income with the double effects of an increase in sales and improvement in profit
structure based on structural reforms.