OMRON : Presentation Materials of Financial Results w/o Script (20260205 presentation e)

FY2025 Q3 Financial Results

February 5, 2026 OMRON Corporation

Summary

• FY2025 Q3 Results

  • Consolidated revenue increased, while profits declined due to a decrease in gross profit margin and continued growth investments

  • IAB achieved a significant increase in revenue, capturing AI-related demand in addition to the recovery of

    customer base

  • On the other hand, operating profit fell below the previous year's level due to continued growth investments,

    while the gross profit margin only showed a modest recovery

• FY2025 Full-year Forecasts

  • Revenue forecasts revised upward from the previous outlook after incorporating foreign exchange impacts and business environment for Q4

  • While continuing growth investments with a medium to long-term perspective, profitability is steadily improving, and earnings are expected to increase in Q4

  • IAB is continuing revenue growth exceeding previous expectations due to globally capturing FA and AI-related demand

  • DPS guidance for fiscal year-end of ¥52 reiterated. Initial full-year dividend guidance of ¥104

Contents

１．FY2025 Q3 Results

２．FY2025 Full-year Forecasts

・・・・ P.4 ～ P.8

・・・・ P.9 ～ P.20

１．FY2025 Q3 Results

Q3 Cumulative Consolidated Results

Revenue increased YoY, while profit declined

(¥bn)

Net Sales Gross Profit

(%)

Operating Income

(%)

Net Income attributable to OMRON shareholders

Average USD rate (JPY)

Q3 Consolidated Results

Revenue increased, while operating profit declined due to a decrease in

the gross profit margin and continued growth investments

(¥bn)

Net Sales Gross Profit

(%)

Operating Income

(%)

Net Income attributable to OMRON shareholders

Average USD rate (JPY)

Q3 Results by Segment

Revenue up and profits down Y/Y at IAB.

Revenue and profits up Y/Y at HCB and DMB, down Y/Y at SSB

Revenue OP

(¥bn)

*1. Figures shown in brackets under OP are OPMs.

7

*2. DSB includes the financial results of JMDC, consolidation adjustments (the amortization of intangible assets other than goodwill associated with the consolidation, etc.) and other financial figures related to data business.

Copyright: 2026 OMRON Corporation. All Rights Reserved.

Q3 Results: Analysis of Change in Operating Income (Y/Y)

Gross profit increased due to revenue growth in IAB, while operating profit remained the same Y/Y due to a decline in gross profit margin and growth investments

①GP increase

on higher sales

②Lower GP

margin

③Increased fixed cost

-4.0

(Labor costs-1.1 / Expenses-2.8)

(¥bn)

Forex impact

+1.8

+4.6

-2.9

Higher SG&A

-2.1

Higher R&D

-1.9

Labor costs -0.9

Expenses -1.2

Labor costs -0.2

Expenses -1.6

*1. excl. Tariff impact

*2. incl. Material prices-1.1

16.7 16.1

FY2024 Q3

Actual

FY2025 Q3

Actual

Y/Y -0.5

２． FY2025 Full-year Forecasts

Q4 Operating Environment

Overall, business environment has remained in line with the initial expectations, while the impact varies by industry. Gradual recovery in IAB

Overall, a gradual Y/Y recovery is underway. The semiconductor industry remains stable, and

the secondary battery industry is expected to outperform prior assumptions

*Details are provided in this presentation

BPM market continues to grow globally, while demand in China is expected to remain flat Y/Y

Cardiovascular: Although moderate growth is expected globally, uncertainty persists in North America due to the impact of tariffs.

China will remain sluggish due to stagnant consumer spending

Respiratory: Nebulizers continue to show weak performance in China due to prolonged stagnation in consumer spending

A temporary demand stagnation in Renewable energy and Railway industry

Energy: Residential demand to temporarily stagnate due to early subsidy termination; industrial demand impacted by construction delays

Railway: Temporary demand softening expected due to postponed capital investments

The overall business environment remains stable

DC Equipment/Microwave Devices: Despite demand stagnation in EVs and new energy, it remains steady backed by expansion in the

semiconductor market Commodity Devices: The global market remains stable.

The overall business environment is expected to remain stable, led by the health big data business

JMDC: Use of healthcare data continues to grow steadily, particularly in the pharmaceutical and insurance sectors.

Demand for services targeting insurers and consumers is increasing, driven by rising public awareness of health and prevention

Forecasts: Consolidated Earnings

Revenue revised upward.

Operating income and Net income remain in line with the previous forecast

(¥bn)

Forecasts: by Segments

Revenue and profits revised upward at IAB and HCB, and downward at SSB. Profits revised downward at DMB.

Revenue OP (¥bn)

*1. Figures shown in brackets under OP are OPMs.

*2. From Q3 FY2025, OMRON DIGITAL Co., Ltd.'s results are recorded under "Eliminations & Corporate". The forecast is based on the initial plan and the previous

year's results, both recalculated for this segment.

12

*3. DSB includes the financial results of JMDC, consolidation adjustments (the amortization of intangible assets other than goodwill associated with the consolidation, etc.) and other financial figures related to data business.

Copyright: 2026 OMRON Corporation. All Rights Reserved.

Forecasts: Quarterly performance trends and Profit growth drivers

Operating margin has improved progressively from Q1, and is expected to rise significantly in Q4, resulting in a return to profit growth

Quarterly performance trends (Consolidated) Profit growth drivers (Q4)

Revenue

OPM

189.5

3.4%

220.8

204.0

7.3%

5.6%

16.1

(¥bn) 240.7

10.9%

26.1

GP increase on higher sales Revenue up 8％ QoQ

1

2

Gross margin improvement Improved by 0.1%Pt

Profit Impact (QoQ)

＋¥8.7bn

＋¥0.3bn

OP 6.4

11.3

Fixed cost ratio

3

improvement

Improved by 3.4%Pt

＋¥1.0bn

1Q 1Q 2Q 2Q 3Q 3Q 4Q 4Q

Q1 Q2 Q3

Q4

(Forecast)

Q4 Forecasts: Analysis of Change in Operating Income (Y/Y)

Revenue growth and margin improvement led by IAB to offset growth investments; significant profit increase expected.

②Gross margin

③Increased fixed costs

-1.6（Labor costs-2.7/ Expenses+1.0）

(¥bn)

①GP increase on higher sales

improvement

18.1

Forex impact

+0.8

+6.1

Labor costs -1.3

Expenses +0.8

Labor costs -1.4

Expenses +0.2

Ref: Sales by BC

・IAB

+9.1

Mix +2.7

Selling price initiatives*1 +0.9 Tariff costs impact +0.0 Production added value +0.7 Inventory valuation loss -2.0

*1. excl. Tariff impact

*2. incl. Material prices -2.7

+2.8

Higher SG&A

-0.5

Higher R&D

-1.1

26.1

FY2024

Q4 Actual

Y/Y +8.0

FY2025

Q4 Forecast

IAB: Q4 Operating Environment Outlook

Modest improvement from the previous outlook; semiconductor-related capex and

data center battery demand remain stable amid rising generative AI demand

Domains Outlook for Q4

Digital

NEV

Food/ Household goods

Medicine/ Logistics

Others*

Copyright: 2026 OMRON Corporation. All Rights Reserved.

• Semiconductors: Investment is continuing to expand in response to growing demand for generative AI, and the market remains firm

• EV: Cautious investment in Japan; demand slightly decline versus the previous outlook

• Secondary batteries: EV-related investment flat; data center investment increasing

• In line with the previous forecasts. There is no significant change in capital investment

  demand, and it is generally expected to remain flat Y/Y

• In line with the previous forecasts. There is no significant change in capital investment demand, and it is generally expected to remain flat Y/Y

• Although there will be some variation depending on the area, capital investment demand is expected to recover gradually

* All domains except the four listed above 15

IAB: Trend of Order Levels

In Q3, order levels surged, driven by a recovery in the global customer base and the capture of AI-related demand

1.25

1.20

1.15

1.10

1.05

1.00

0.95

0.90

0.85

0.8

１

1.20

1.05

1.03

1.04

1.00

1.00

0.95

1.00

0.91

0.94

0.94

0.87

0.89

FY22 FY23

Q4 Q1 Q2

Q3

FY24

Q4 Q1 Q2

Q3

FY25

Q4 Q1 Q2

Q3

（Based on FY22 Q4）

Order levels (FY24 FX FCST rate base) Background of order trends of Q3 Recovery in the global customer base

• Progress in internal initiatives

  (New product expansion ×

  Strengthened distributer collaboration)

• Gradual recovery in FA demand

  ２

  Capturing growth opportunities from AI demand

• Capturing demand for advanced semiconductors

• Capturing demand for data center secondary batteries

  4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q

  0

  2Q 3Q

  FY23 FY24 FY25

  3

  Capturing demand for data utilization

• Launched new controller DX1

Copyright: 2026 OMRON Corporation. All Rights Reserved. 16

IAB：Recovery in the Global customer base

Sales recovery in Other domains continuing with growth-supporting new products sales steadily expanding. New product launches are progressing as planned

Sales Trend in Other domains *1

＋11％

＋14％

＋7％

＋8％

…FY24 …FY25

Progress of new product development and launches

Q1 Q2 Q3 Q4

New Product Sales Outlook

Approx. 15.0 ¥bn

*1 All Domains excluding Digital, NEV, Food/Household goods, Medicine/Logistics

Copyright: 2026 OMRON Corporation. All Rights Reserved.

*2. 20 models launched as of end of Q3 17

IAB：Capturing growth opportunities from AI demand

Expanding sales by capturing investment in the semiconductor and secondary battery

industries driven by AI demand

Expanding Demand for Generative AI

Investment Acquisition Status*

Semiconductor

• Expansion of Investments in Advanced semiconductors and

  Expansion of Industry-focused solution deployment and related

  Industry Sales YoY

  Semiconductor

  Manufacturing equipment

  (Japan, China, Asia etc.)

  component sales

  (H2)

  ＋8％

  Industry

  Secondary Battery Industry

• Rising demand for high-precision inspection for data centers

  (China, Asia etc.)

• Expansion of investments in energy storage for data centers

  (China)

  Acceleration of standardization

  and expanded deployment of Automated X-ray Inspection systems (AXI)

  Ongoing implementation of industry solutions for key Chinese customers and continued high-end product orders

  AXI Sales

  182

  YoY

  (H2) ＋ ％

  Secondary battery

  37

  industry Sales

  YoY

  (H2) ＋ ％

  Copyright: 2026 OMRON Corporation. All Rights Reserved.

  *YoY sales in Semiconductor and Secondary Battery Industries, excluding foreign exchange impact

  18

  
  
  

  IAB：Capturing demand for data utilization

  
  
  

  Challenges in utilizing manufacturing site data

  Lack of clarity on how to acquire and utilize data

  Avoid downtime of existing equipment

  Data formats vary by equipment manufacturer

Launched a new controller to accelerate data utilization at manufacturing sites Data Flow Controller DX1 (Launched in September 2025)

Enables easy data collection and visualization from existing production equipment

Product Features

Cloud

＞

Data acquisition

Equipment A:

OMRON's PLC

Data acquisition

Equipment B: third-party PLC

Data acquisition

Equipment C: third-party PLC

・・ ・

Data acquisition

I/O-Link Master

Devices Devices Devices Devices

Cumulative Sales 30

Orders

106

Copyright: 2026 OMRON Corporation. All Rights Reserved.

(vs. Plan) ＋

％ (vs. Plan) ＋ ％

19

19

Shareholder Returns

DPS guidance for fiscal year-end of ¥52 reiterated.

Initial full-year dividend guidance of ¥104 maintained

FY-end (Forecast) Full-year (Forecast)

¥52 ¥104

３． CFO Message

Strengthening the earning structure

Accelerating the execution of various earnings initiatives to further improve operating margins in and beyond the next fiscal year

- New product launches and enhanced

• Improve earning power (GP margin)

• Optimize the business portfolio

  pricing management

  - Expanded use of locally sourced components in China and

  implementing local design, development and production

  - Exit from the payment terminal business

  - Divestment of the automotive relay business in Europe

  - Reorganization of manufacturing sites for HCB

• Improve SG&A efficiency

- Japan: Indirect function efficiency through JV* establishment

- Overseas: Dissolution of regional headquarters

Korea and Asia (Mar. '25), Americas (Sep. '25), Europe (Mar. '26)

＊OMRON Transcosmos Process Innovation Co., Ltd.

23

Reference

Q3 Cumulative Results: Analysis of Change in Operating Income (Y/Y)

①GP increase on higher sales

-0.1

Selling price initiatives

Forex impact

+0.2

Higher SG&A

-4.5

Higer R&D

35.9

33.9

*1. excl. Tariff impact

*2. incl. Material prices -2.1

+16.7

②Lower GP margin

-8.4

③Increased fixed costs

-10.6

(Labor costs -1.7/ Expenses-8.9）

(¥ bn)

FY2024 Q3

Y/Y -2.0

Cumulative Actual

FY2025 Q3

Cumulative Actual

Full-year Forecasts: Analysis of Change in Operating Income (Y/Y)

①GP increase on higher sales

②Lower GP margin

③Increased fixed costs

-12.3

（Labor costs -4.4 / Expenses-7.9）

(¥ bn)

Forex impact

+22.8

Mix

-5.6

+1.8

*1

Higher SG&A

-5.0

Higer R&D

54.0

+1.0

-7.3

Selling price initiatives +0.8

Tariff costs impact -1.2 Production added value -0.1 Inventory valuation loss -7.2 Variable costs down -2.5 *2 Production cost ratio +6.3 Others -3.4

Labor costs -2.4

Expenses -2.6

*1. excl. Tariff impact

Labor costs -2.0

Expenses -5.3

60.0

FY2024

Actual

*2. incl. Material prices -4.8

FY2025

Forecast

Y/Y +6.0

Consolidated Balance Sheet

(¥ bn)

Current assets

(Cash and cash equivalents)

(Inventory)

Property, plant and equipment Investments and other assets

Total assets

Current liabilities Long-term liabilities

Total Liabilities Shareholders' equity Noncontrolling interests

Total net assets

Total Liabilities and net assets

Equity ratio

Consolidated Cash Flow Statement

(¥ bn)

Operating cash flow Investment cash flow Free cash flow (FCF) Financing cash flow

Cash and cash equivalents as of end of period

Capital expenditure *

Depreciation

* From the first quarter of fiscal year 2025, capital expenditures have been revised to reflect figures based on capital spending. In line with this change, historical data prior to fiscal year 2024 has also been retroactively adjusted.

FY2025 Forex Sensitivities and Assumptions

Impact of 1 yen move (full year) CNY impact of 0.1 yen move

Sensitivities Assumptions

* If emerging market currency trends diverge from trends in major currencies contrary to our expectations, it will impact sensitivities

ROIC Definition

ROIC ＝

Net income attributable to OMRON shareholders

Invested capital ＊

*Invested capital = Borrowings + Shareholders' equity

Invested capital: The average of previous fiscal year-end result and

quarterly results (or forecasts) of current fiscal year