Omron Explained

Omron Corporation
Native Name:オムロン株式会社
Romanized Name:Omuron Kabushiki-gaisha
Type:Public K.K.
Traded As:
Founder:Kazuma Tateishi
Foundation: [O.S. April 27] Osaka, Japan
Location:Shiokoji Horikawa, Shimogyo-ku, Kyoto 600-8530, Japan
Area Served:Worldwide
Key People:Junta Tsujinaga
(President and CEO)
Industry:Electronics
Revenue: ¥ 818.8 billion JPY) (FY 2023)
Net Income: ¥ 8.1 billion JPY) (FY 2023)
Num Employees:28,034 (March 31, 2023)
Footnotes:[1] [2] [3] [4]

, styled as OMRON, is a Japanese electronics company based in Kyoto, Japan. Omron was established by in 1933 (as the Tateisi Electric Manufacturing Company) and incorporated in 1948.

The company originated in an area of Kyoto called ""(ja), from which the name "Omron" was derived. Prior to 1990, the corporation was known as Omron Tateisi Electronics. During the 1980s and early 1990s, the company motto was: "To the machine the work of machines, to man the thrill of further creation".

Omron's primary business is the manufacture and sale of automation components, equipment and systems. In the consumer and medical markets, it is known for medical equipment such as digital thermometers, blood pressure monitors and nebulizers. Omron developed the world's first electronic ticket gate,[5] which was named an IEEE Milestone in 2007,[6] and was one of the first manufacturers of automated teller machines (ATM)[7] with magnetic stripe card readers.[8]

Omron Oilfield & Marine is a provider of AC and DC drive systems and custom control systems for oil and gas and related industries.

Omron was named one of Thomson Reuters Top 100 Global Innovators in 2013.[9]

Sales for 2023 were 876,082 million yen (up 14.8% from 2022). Net income was 73,861 million yen (up 20.3% from 2022). Basic earnings per share increased 21.8%.[10]

Omron received a platinum (in the top 1%) EcoVadis rating for outstanding sustainability performance. The rating is based on the company's achievements in four areas: Environment, Labour & Human Rights, Sustainable Procurement and Ethics.[11]

Business divisions and products

Operating principle: OMRON's reason for being is to create social value through business and continue to contribute to the development of society. That is precisely what the practical application of our corporate philosophy seeks to do.[12]

Develops and produces medical devices for homes and medical facilities, health management software and health improvement services.

Shareholders

As of September 30, 2015:

Community activities

Omron has carried out many activities and programs for the community and the environment, such as:

Omron Corporation Japan is a company with a long history, reputation and innovation. Omron always strives to provide customers and society with high quality, safe and environmentally friendly products and services. Omron wishes to become a trusted and long-term partner of customers and society, contributing to promoting the sustainable development of humanity and the planet.

See also

Notes and References

  1. Web site: Corporate Data . April 11, 2014.
  2. Web site: Integrated Report 2015 . 1 August 2015.
  3. Web site: Company Profile . . April 11, 2014.
  4. Evaluation of three devices for self-measurement of blood pressure according to the revised British Hypertension Society Protocol: the Omron HEM-705CP, Philips HP5332, and Nissei DS-175. . . 10226203. 1996. O'Brien. E.. Mee. F.. Atkins. N.. Thomas. M.. Blood Pressure Monitoring. 1. 1. 55–61.
  5. Web site: Developing the World's First Unmanned Train Station System to Solve a Social Issue through New Technology . 18 November 2020 . August 11, 2023.
  6. Web site: Milestones:List of IEEE Milestones . . April 12, 2014.
  7. Web site: Omron Global Website: Development of an automatic cash dispenser (1969) . April 12, 2014.
  8. Web site: Omron in Russia . DMLieferant . July 22, 2013.
  9. Web site: Top 100 Global Innovators 2013 . . April 17, 2014.
  10. Web site: en. OMRON Corporation: Summary of Consolidated Financial Results for the Year. Pressetext. 2024-03-31. 2024-03-31. https://web.archive.org/web/20240331195045/https://www.pressetext.com/news/20230426022.
  11. Web site: en. OMRON awarded third EcoVadis Platinum Rating for outstanding sustainability performance. Process and Control today. 2024-03-31. 2024-02-28. https://web.archive.org/web/20240228200501/https://www.pandct.com/news/omron-awarded-third-ecovadis-platinum-rating-for-outstanding-sustainability-performance.
  12. Web site: Operating principle . [Omron Global] . November 30, 2023.
  13. Web site: About OMRON Healthcare . Omron Healthcare . November 30, 2023.
  14. Web site: Create new value through industry-adademia co-creation . [Omron Global] . November 30, 2023.
  15. Web site: Innovative Packaging Technology . 28 February 2022 . [Omron Global] . November 30, 2023.