OMRON Corporation Reports Earnings for Fiscal 2007

Business Wire, April 28, 2008

The assumed exchange rates are US$1 = JPY 100 and 1 Euro = JPY 155.

[TABLE OMITTED]

Outlook by Business Segment

Industrial Automation Business (IAB)

In domestic business, although the flat panel display (FPD) industry is expected to move onto a recovery track, uncertainty about the overall outlook is increasing due to the impact of the rapid strengthening of the yen against the U.S. dollar, and the downturn in the U.S. economy. Under these conditions, Omron will work to increase sales in this segment by further strengthening its sales organization to expand the applications business, and by aggressively proposing solutions to customer issues in the areas of quality, safety and the environment. Omron will also continue to focus on strengthening coordination with sales channels and expansion of general-use products.

Overseas, Omron will begin strengthening its sales organization for expansion of the applications business. The Company will also promote sales expansion by bolstering cooperation in sales to key industries and customers, particularly in East Asia; by enhancing marketing in emerging markets such as India and Russia; and by continuing to focus on rolling out new products as well as strengthening the sales force and expanding production in China.

As a result, segment sales for the fiscal year are projected to be JPY 337.5 billion, a year-on-year increase of 2.6 percent.

Electronic Components Business (ECB)

The environment surrounding the consumer and commerce components industry is expected to be challenging due to factors including a projected drop in demand for household appliances, equipment and systems, reflecting the decrease in new home construction in the United States. However, Omron will work to expand business by introducing new products and using core technologies to enhance product appeal. In addition, Omron will roll out new products for the key automotive and mobile device industries, and will make focused investments in next-generation product development in micro electro mechanical systems (MEMS), which is positioned as a growth product.

In Japan, Omron will merge OMRON Semiconductors Co., Ltd., which commenced operations in April 2007, into the parent company in July 2008 to promote its strategy of fusing semiconductor-related technologies with existing businesses (expansion of products that incorporate semiconductor devices). This merger is aimed at integrating planning, development and marketing functions to improve efficiency and reduce lead time.

Overseas, Omron is establishing engineering centers in each area in which the Company does business, beginning with Eastern Europe in fiscal 2007, in order to accelerate business expansion by moving closer to customers. In addition to China, where continuing growth is anticipated, Omron will work to expand business in newly developing countries, particularly Mexico and Vietnam.

As a result, segment sales for the fiscal year are projected to be JPY 154.5 billion, a year-on-year increase of 0.2 percent.