OMRON Corporation (OTC PINK:OMRNY, TYO:6645) was established in 1933, formerly known as OMRON Tateisi Electronics Co., changed to its current name in January 1990, headquartered in Kyoto, Japan, with 28,006 full-time employees, a company Companies engaged in the business of industrial automation, social systems, healthcare, environmental solutions, automotive electronics and mechanical components worldwide.
OMRON Corporation (OMRNY):
Omron Group is a world-renowned manufacturer of automation control and electronic equipment, founded by Kazuma Tateishi in 1933. The predecessor was Tateishi Electric Manufacturing Company and was incorporated in 1948. Before 1990, the company’s name was Omron Tateishi Electronics, and in January 1990 it was changed to its current name.
Omron Group holds the world’s leading core technology of sensing and control. By continuously creating new social needs, the Omron Group has more than 28,000 employees worldwide and a turnover of 678 billion yen. The products cover a wide range of fields such as industrial automation control systems, electronic components, social systems, and health and medical equipment, with hundreds of thousands of varieties.
Omron masters the world’s leading sensing and control technology, and its products involve industrial automation control, electronic components, automotive electronics, social systems, health and medical equipment and other fields. The more popular products include health products such as electronic blood pressure monitors, pedometers, scales and electric toothbrushes.
Omron Oilfield & Marine (Omron Oilfield & Marine) is a provider of AC and DC drive systems and custom control systems for the oil and gas and related industries. Omron was named one of the top 100 global innovation companies by Thomson Reuters in 2013 .
Omron (Omron) company is divided into 6 departments to operate:
- Industrial Automation Business-provides sensors, switches, safety and control components, relays, automation systems, motion/drivers, robotics, energy-saving support/environmental measurement equipment and power supplies.
- Social Systems Business-provides vehicle line detection systems, automatic ticket gates and automatic ticket vending machines, and on-board driver monitoring services.
- Healthcare (Healthcare Business)-Provides blood pressure monitors, nebulizers, TENS electrotherapy equipment, digital thermometers, body composition monitors, etc.
- Environmental Solutions Business-Provide photovoltaic inverters, monitoring systems, monitoring maintenance/operation and maintenance services, hybrid storage systems, flexible storage systems, power monitors and protection relays.
- Automotive Electronic Business-provides body, motor and power control products as well as active safety products.
- Mechanical Components Business-provides relays, switches, connectors, sensors and parts/units for amusement equipment.
Omron (Omron) company profile:
- Headquarters: OMRON Corporation
- Headquarters location: Kyoto Headquarters: 600-8530 Shimokoji, Shimogyo-ku, Kyoto City Torikawa East
- Representative: Representative Director and President Yoshihito Yamada
- Founding: May 10, 1933 (Showa 8)
- Establishment: May 19, 1948 (Showa 23)
- Capital: 64.1 billion yen (March 31, 2020)
- Group sales: 678 billion yen (March 31, 2020)
OMRON Corporation (OMRNY) history:
- The predecessor was “Saiguangsha” founded by Tateishi Kazuma in Kyoto in 1930. Omron was formally established on May 10, 1933 (Showa 8), and was called “Tateishi Electric Works”.
- In June 1945, after the main factory in Osaka was destroyed by fire during the Second World War, production was transferred to Kyoto.
- On May 19, 1948 (Showa 23), the company was legalized and established “Tateisi Electronics Co.,” (Japanese: Tateisi Electronics Co.).
- In 1953, the founder of the company Tateishi Kazuma formulated the corporate philosophy “Enterprises need to contribute to society.”
- In February 1960, Omron Corporation developed the world’s first non-contact (solid-state) switch.
- In October 1960, the Central R&D Laboratory was completed in Nagaokakyo, Kyoto.
- In April 1964, the world’s first automatic traffic signal was developed.
- In March 1967, the world’s first unmanned railway station was developed.
- In November 1968, the company’s English name was officially designated as OMRON Tateisi Electronics Co..
- In March 1969, the world’s smallest desktop electronic calculator “CALCULET-1200” was launched.
- In June 1971, the world’s first online automatic teller machine was developed.
- In February 1972, OMRON Taiyo Electronics Co. was jointly established with Japan Sun Industries, which was the first factory for the disabled in Japan.
- In June 1987, the world’s first ultra-high-speed fuzzy logic controller was developed.
- In 1987, Taiwan Omron Co., Ltd. was established, mainly focusing on industrial automation products. Its related companies in Taiwan include: Taiwan Omron Health Care Co., Ltd. and Hong Kong Omron Electronic Parts Co., Ltd. Taiwan Branch.
- In September 1988, the European Regional Management Center (OMRON Europe BV) was established in the Netherlands.
- In October 1988, the Asia Pacific Management Center (OMRON Asia Pacific Pte. Ltd.) was established in Singapore.
- In April 1989, OMRON Management Center of America, Inc. was established in the United States.
- In January 1990, the company officially changed its name to “OMRON Corporation” to meet the needs of corporate development. From non-contact proximity switches, electronic automatic sensor signals, to automatic vending machines, station automatic ticket vending systems, and automatic cancer cell diagnostic devices, Omron has taken the lead in researching and producing a series of epoch-making products and equipment, in order to build “safety”, Work hard for a “safe”, “environmental” and “healthy” society.
- In 1991, an online inspection system was developed.
- In May 1994, the Greater China Regional Management Center-OMRON (China) Co., Ltd. was established in Beijing, China.
- In May 1994, CFC (Freon) was completely phased out.
- In 1995, Omron developed a distance warning system for automobiles.
- In 1996, the “VT-WIN” PCB solder inspection system was developed.
- In 1998, Omron developed a machine (currency detector) capable of identifying counterfeit banknotes of various currencies.
- In April 2002, the status of the Greater China Regional Management Center was upgraded to a regional headquarters to promote business expansion in China.
- In May 2003, the global R&D center “Keihanna Innovation Center” (Keihanna Innovation Center) was established in Roulak County, Kyoto City.
- In June 2003, Yoshio Tateisi served as chairman and Saota Sakuta served as president and chief executive officer.
- In May 2004, developed facial recognition technology for mobile phones.
- In May 2006, OMRON Principles was established.
- In May 2006, the global control equipment design/production center began operations in Shanghai, China.
- In March 2007, Omron accelerated the development of its safety business (machine protection).
- In June 2007, the new R&D center opened in China.
- In September 2007, Omron’s 3D image sensing technology was put into practical use through the world’s first real-color 3D vision sensor.
- In December 2009, the “ene-brain” CO2 visualization system was launched, which is the world’s first system that can automatically analyze potential energy-saving areas based on the knowledge of expert consultants.
- In November 2010, the “WellnessLink” health management web service was launched.
- In June 2011, the Omron Group formulated a new ten-year long-term strategy (within the ten years to 2020), called “Value Generation 2020” (“VG2020”).
- In July 2011, the Sysmac NJ series of comprehensive machine automation controllers was launched. Automation technology centers established in Japan (August) and China (September) provide customers with automation support.
- In January 2012, we set up in Gurgaon, Haryana, India Omron Management Center (OMRON Management Centre of India).
- In June 2012, the OMRON Management Center of Latin America was established in Sao Paulo , Brazil .
- On April 16, 2019, Nidec spent 100 billion yen to acquire the entire equity of OMRON Automotive Electronics (OAE), an automotive electronics subsidiary of Omron. The company is engaged in businesses such as motor control systems and automotive sensors.
OMRON Corporation (OMRNY) investment: