OMRON Corporation (TYO: 6645) is a global leader in industrial automation and electronic components headquartered in Kyoto, Japan. Founded in 1933, Omron has grown to employ over 28,000 people worldwide and operates in over 130 countries.
Omron's main products and services include:
Industrial Automation: Factory automation equipment, control systems, sensors, switches, safety devices, and robotics solutions. This segment comprises 57% of Omron's revenue.
healthcare: Blood pressure monitors, thermometers, and other medical devices for monitoring vital signs. healthcare accounts for about 17% of revenue.
Social Systems: Automated gates and ticketing systems for public transportation. This segment makes up 14% of revenue.
Device & Module Solutions: Electronic components and modules for various industries.
Data Solutions: Data analytics and AI solutions to create new value from data.
Omron is focused on driving sustainability through its core business of industrial automation. The company aims to help customers achieve carbon neutrality and improve energy efficiency through its innovative-Automation! concept and i-BELT data utilization service. Omron has set a target to increase its "sustainability-related sales" by 45% by fiscal 2024 compared to 2021 levels. The company is also expanding into new growth areas like electric vehicles and the food, pharmaceutical and cosmetics industries. With 74% of sales coming from Asia as of fiscal 2022, Omron is well-positioned to benefit from automation trends in the region.
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