OMRON’s FY2024 H1 Results: Profit Outlook Revised Upward

OMRON (JP:6645) has released an update.

OMRON Corporation reported a decline in consolidated revenue and profits for the first half of FY2024, despite exceeding internal plans, with a significant increase in operating income in Q2 due to improved gross profit margins and cost measures. The company is revising its sales forecast downward and operating income forecast upward for the full year, while maintaining its dividend guidance. Structural reforms are underway, including ¥21.0 billion in one-time expenses for personnel optimization.

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