Creation of a laser equipment business through the integration of laser-related technologies and semiconductor back-end process technologies

「In the laser processing equipment business, revenue was ¥2,007 million, down ¥248 million, or 11.0%, from the previous consolidated fiscal year, as the business was affected by sluggish capital investment demand for its core laser trimmer equipment. The business posted an operating loss of ¥53 million, compared with operating profit of ¥73 million in the previous consolidated fiscal year.」

「In the laser processing equipment business, revenue was ¥640 million, down ¥314 million, or 33.0%, year on year, as customers continued to defer capital investment in the core laser trimmer equipment and for other reasons. The business posted an operating loss of ¥82 million, compared with an operating loss of ¥41 million in the prior-year period.」

「In the laser processing equipment business, sales of the core laser trimmer product were weak due to low customer utilization rates, while personnel expenses increased as the company strengthened its workforce to expand the business and reinforce its development structure. Revenue was ¥2,256 million, down ¥160 million, or 6.7%, from the previous consolidated fiscal year, and operating profit was ¥73 million, down ¥31 million, or 30.1%.」

「In the laser processing equipment business, revenue was ¥954 million, down ¥225 million, or 19.1%, year on year, as recovery in demand for chip resistors for automobiles and industrial equipment was slow. The business posted an operating loss of ¥41 million, compared with operating profit of ¥56 million in the prior-year period.」

「In the laser processing equipment business, revenue was ¥1,756 million, down ¥52 million, or 2.9%, year on year, while operating profit was ¥91 million, down ¥60 million, or 39.7%, year on year, due in part to higher personnel expenses to strengthen the development structure and expand the business.」

「In the laser processing equipment business, revenue was ¥1,180 million, down ¥33 million, or 2.7%, year on year, while operating profit was ¥56 million, down ¥49 million, or 46.8%, year on year, due in part to higher personnel expenses to strengthen the development structure and expand the business.」

「Operating performance in the laser processing equipment business resulted in revenue of ¥425 million, down ¥137 million, or 24.4%, year on year, and an operating loss of ¥8 million, compared with operating income of ¥16 million in the same period of the previous year, as revenue from some laser trimmers shifted into the second quarter.」

「In the laser processing equipment business, revenue was ¥1,808 million, up ¥156 million, or 9.5%, year on year, as sales of wafer markers to semiconductor manufacturers increased. Operating profit was ¥152 million, up ¥31 million, or 25.8%, year on year.」

「In the laser processing equipment business, revenue was ¥1,213 million, up ¥89 million, or 7.9%, year on year, as demand for electronic components for automotive and industrial equipment remained strong. Operating profit was ¥106 million, up ¥37 million, or 53.2%, year on year.」

「In the laser processing equipment business, revenue was ¥562 million, up ¥28 million, or 5.4%, year on year, as demand for electronic components remained strong across a broad range of applications. Operating profit was ¥16 million, compared with an operating loss of ¥15 million in the prior-year period.」

「In the laser processing equipment business, revenue was ¥2,227 million, up ¥863 million, or 63.3%, from the previous consolidated fiscal year, as laser trimmer sales increased against a backdrop of recovering demand for electronic components across a broad range of applications, including automobiles and industrial machinery. Operating profit was ¥184 million, compared with an operating loss of ¥103 million in the previous consolidated fiscal year.」

「In the laser processing equipment business, revenue was ¥1,652 million, up ¥561 million, or 51.5%, year on year, as sales of the core laser trimmer product increased amid growing demand for electronic components. Operating profit was ¥120 million, compared with an operating loss of ¥81 million in the prior-year period.」

「In the laser processing equipment business, revenue was ¥1,124 million, up ¥421 million, or 60.0%, year on year, as demand for electronic components remained strong across a broad range of applications. Operating profit was ¥69 million, compared with an operating loss of ¥108 million in the prior-year period.」

「In the laser processing equipment business, revenue was ¥533 million, up ¥192 million, or 56.2%, year on year, as demand for electronic components remained strong across a range of applications, including automotive and industrial machinery and consumer products. Profit was affected by a temporary increase in strategically acquired low-margin projects, resulting in an operating loss of ¥15 million, compared with an operating loss of ¥70 million in the prior-year period.」

「In the laser processing equipment business, the order and sales environment has been recovering recently as demand for electronic components has increased with the recovery in demand for automobiles and industrial machinery. However, due in part to weak orders and sales in the first half, revenue was ¥1,364 million, down ¥373 million, or 21.5%, from the previous consolidated fiscal year, and the business posted an operating loss of ¥103 million, compared with an operating loss of ¥48 million in the previous consolidated fiscal year.」

「Meanwhile, the order environment for laser trimmers for chip resistors and other products has been recovering, driven by the recovery in automotive demand in China and the United States. Profitability also began to show signs of improvement, with the business posting a profit in the third quarter as a result of cost improvements and expense reductions.」

「In the laser processing equipment business, revenue was ¥702 million, down ¥245 million, or 25.9%, year on year, as capital investment in general-purpose electronic components remained cautious against a backdrop of stagnating global economic conditions and uncertainty over the outlook. Although the company worked to reduce expenses and took other measures, the significant decline in revenue resulted in an operating loss of ¥108 million, compared with an operating loss of ¥7 million in the prior-year period.」

「In the laser processing equipment business, net sales were ¥341 million, down ¥180 million, or 34.6%, year on year, and the operating loss was ¥70 million, compared with operating profit of ¥17 million in the same period of the previous year. This resulted from continued caution toward capital investment as a consequence of the sharp decline in automobile and industrial machinery demand accompanying the stagnation of the global economy, together with uncertainty over when demand would recover.」

「In the laser processing equipment business, net sales were ¥1,215 million and the operating loss was ¥82 million. This reflected continued caution among electronic component manufacturers toward capital investment amid difficult market conditions, including the recent decline in machine-tool orders and sluggish automobile sales, as well as uncertainty over the outlook caused by the US-China trade war.」

「In the laser processing equipment business, demand for electronic components remained weak due to slowing smartphone demand and sluggish global automobile sales. In addition, manufacturers of electronic components became more cautious in their investment decisions amid uncertainty over the outlook resulting from the US-China trade war, leading to lower demand for capital investment. As a result, revenue was ¥948 million and the operating loss was ¥7 million.」

「The laser processing equipment business recorded revenue of ¥522 million and operating profit of ¥17 million.」

「In the laser processing equipment business, demand for electronic components, primarily for automotive applications, remained solid, resulting in net sales of ¥1,844 million and operating profit of ¥172 million. The business achieved profitability in its first year as a member of our group.」

「In the laser processing equipment business, sales of laser trimmers remained firm against the backdrop of resilient demand for electronic components, particularly automotive applications, resulting in net sales of ¥903 million. However, the Company recorded ¥56 million in amortization of goodwill related to the acquisition of shares in OMRON Laserfront Inc. during the second quarter, resulting in an operating loss of ¥0 million.」

「On 1 August 2018, the Company acquired shares in オムロンレーザーフロント株式会社 and made it a consolidated subsidiary. The objectives were to create initiatives in new markets by combining the acquired company's laser-related technologies with the Company's semiconductor back-end processing technologies and applying its core technologies in new ways, and to expand earnings opportunities by taking over a sales platform backed by customer trust.」