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Omron Electronics, LLC News
| OMRON Announces Increased Dividend Forecast for Fiscal Year ending March 31, 2006 | ||
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Tokyo, Japan, Feb. 23, 2006 - (JCN Newswire) - OMRON Corporation (TSE: 6645; ADR: OMRNY) is pleased to announce that its Board of Directors passed a resolution today to make an upward revision to the year-end dividend forecast for fiscal year 2005, originally announced on October 31, 2005. As announced on January 30, 2006, OMRON Corporation expects to achieve highest ever consolidated profits in FY2005, making this the company's fourth consecutive year of record consolidated revenues and income. We are fully aware that this success is due in large part to the support of our shareholders and other stakeholders. As an expression of our gratitude for this continued support, we have decided to raise the year-end dividend payment to 18 yen per share for the fiscal year ending March 31, 2006. Added to the interim dividend of 12 yen per share paid on December 6, 2005, this means that the dividend payout for the full year will be 30 yen per share. This decision was made at a Board of Directors meeting held today, and is planned to be submitted to the 69th General Meeting of Shareholders scheduled for June this year. OMRON is committed to striving for even better business performance in the future, and creating greater value for our shareholders by maintaining a high level of dividend payments. About OMRON Headquartered in Kyoto, Japan, OMRON Corporation is a global leader in the field of automation. Established in 1933 and headed by President Hisao Sakuta, Omron has more than 25,000 employees in over 35 countries working to provide products and services to customers in a variety of fields including industrial automation, electronic components industries, and healthcare. The company is divided into five regions and head offices are in Japan (Kyoto), Asia Pacific (Singapore), China (Hong Kong), Europe (Amsterdam) and US (Chicago). The European organisation has its own development and manufacturing facilities, and provides local customer support in all European countries. |
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