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Omron Corp (6645.T)

6645.T on Tokyo Stock Exchange

4,465JPY
5 Dec 2016
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Latest Key Developments (Source: Significant Developments)

OMRON Corp to pay $4.6mln, plead guilty to bid rigging-DOJ - Reuters News
Thursday, 17 Mar 2016 12:07pm EDT 

OMRON Corp:A unit of Omron Corp has agreed to plead guilty and pay $4.6 million for conspiring to rig bids on power window switches installed in Honda Civics 7267.T sold in the U.S., the Department of Justice said on Thursday. - RTRS.Omron Automotive Electronics Co. Ltd conspired with another company to rig the bids between 2003 and 2013, the Justice Department said.  Full Article

OMRON lowers consolidated full-year outlook and year-end dividend forecast for FY 2016
Thursday, 28 Jan 2016 01:20am EST 

OMRON Corp:Says the company lowered the consolidated full-year outlook for the FY ending March 2016.Revenue forecast decreased to 835,000 million yen from 860,000 million yen.Operating profit forecast decreased to 62,000 million yen from 70,000 million yen.Ordinary profit forecast decreased to 65,500 million yen from 71,000 million yen.Net profit forecast decreased to 47,500 million yen from 53,500 million yen.Earnings per share decreased to 219.92 yen from 247.84 yen.FY 2016 revenues of 865.06 billion yen, net income of 55.50 billion yen – Thomson Reuters I/B/E/S.Comments that impact of deterioration of the Chinese economy is the main reason for the forecast.Lowered year-end dividend forecast to 34 yen per share from 40 yen per share for FY ending March 2016.  Full Article

OMRON to retire treasury shares
Sunday, 20 Dec 2015 08:30pm EST 

OMRON Corp:To retire 3,439,700 shares (1.58 pct of outstanding) of its common stock on Jan. 21, 2016.Says the total shares outstanding 213,958,172 shares after the retirement.  Full Article

OMRON to issue year-end dividend for FY 2016 and raises year-end dividend forecast for FY 2016
Tuesday, 27 Oct 2015 02:20am EDT 

OMRON Corp:To issue a year-end dividend of 34 yen per share to all the shareholders of record as of Sep 30, for FY ending March 2016.Payment date Dec. 2.Says latest dividend forecast was undetermined.Raised year-end dividend forecast to 40 yen per share from undetermined value for FY ending March 2016.  Full Article

OMRON lowers consolidated full-year outlook for FY 2016
Tuesday, 27 Oct 2015 02:20am EDT 

OMRON Corp:Says the company lowered the consolidated full-year outlook for revenue to 860,000 million yen from 900,000 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 70,000 million yen from 90,000 million yen.Sees a decrease of ordinary profit forecast to 71,000 million yen from 89,000 million yen.Sees a decrease of net profit forecast to 53,500 million yen from 66,500 million yen.Sees a decrease of earnings per share to 247.84 yen from 306.10 yen.Comments the downturn of its direct control business and acquisition of Adept Technology, Inc. are the main reasons for the forecast.  Full Article

OMRON announces result of tender offer for shares of Adept Technology
Friday, 23 Oct 2015 02:00am EDT 

OMRON Corp:Indirect wholly-owned subsidiary, Hoffman Acquisition Corp., has launched cash tender offer at $13.00 per share for all shares of Adept Technology, Inc.'s common stock and to acquire 12,198,832 shares (83.32 pct stake) of the Adept Technology.Hoffman to hold 100 pct stake (14,639,970 shares) in Adept Technology, through short form merger, effective Oct. 23.Transaction price of $194 mln in total.  Full Article

R&I affirms OMRON Corp's rating at "AA-" and announces stable outlook
Wednesday, 21 Oct 2015 02:00am EDT 

OMRON Corp:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA-".Rating outlook stable.  Full Article

OMRON Corp's indirect subsidiary commences cash tender offer at $13 per share for all shares of Adept Technology Common Stock
Wednesday, 23 Sep 2015 09:00am EDT 

OMRON Corp:Announced that its indirect wholly-owned subsidiary, Hoffman Acquisition Corp., has launched its previously announced cash tender offer at $13.00 per share for all shares of Adept Technology, Inc.'s common stock.Tender offer and withdrawal rights are scheduled to expire, on October 22, 2015, unless extended.  Full Article

OMRON Corp to acquire U.S. Based Adept Technology
Wednesday, 16 Sep 2015 04:05am EDT 

OMRON Corp and Adept Technology Inc:Announces that the two companies have entered into an agreement whereby OMRON will acquire Adept.  Full Article

OMRON updates acquisition of Adept Technology
Wednesday, 16 Sep 2015 04:00am EDT 

OMRON Corp:Says its U.S.-based subsidiary OMRON Management Center of America Inc. (OMCA) to establish a wholly owned subsidiary Hoffman Acquisition Corp. (Hoffman).Hoffman to offer a takeover bid for total shares in Adept Technology Inc (AT) at price of $13.0 per share, or $201 mln in total with term of from Sep. 23 to Oct. 23.To raise stake to 100 pct from 0 pct in AT.  Full Article