OMRON (6645) Q4 2026 earnings summary

Executive summary

• FY2025 saw consolidated revenue and profit growth, led by Industrial Automation (IAB) and AI-related demand, with customer base recovery and effective cost control despite margin pressures.

• FY2026 is expected to continue this trend, with revenue and profit growth forecasted across all segments, and a dividend increase to JPY 110, despite global uncertainties, particularly in the Middle East.

• Transitioning accounting standards from US GAAP to IFRS in FY2026; DMB reclassified as discontinued operation.

Financial highlights

• FY2025 net revenue rose 7.3% year-on-year to JPY 767.4 billion; operating income up 12.1% to JPY 59.9 billion.

• Net income attributable to shareholders increased 75.1% to JPY 28.5 billion; EPS up 101.2 to JPY 188.02.

• ROE improved to 4.7% and ROIC to 3.9% year-over-year.

• FY2026 revenue is forecast to rise 6.9% to JPY 820.0 billion, with operating profit up 13.9% to JPY 62.0 billion (IFRS basis).

• Dividend for FY2026 projected at JPY 110, up JPY 6 from the previous year.

Outlook and guidance

• FY2026 net revenue planned at JPY 820 billion (+6.9% YoY), operating income at JPY 62 billion (+13.9%), and net income at JPY 27.5 billion (+3.8%).

• Net income from continuing operations expected to rise 15.2% to JPY 45 billion.

• Dividend forecast raised by JPY 6 to JPY 110.

• Growth investments and one-time costs for business foundation included in FY2026 plan.

• Solid demand expected in IAB, driven by AI, semiconductor, and secondary battery investments.