Latest Tokyo Brief coverage on OMRON CORPORATION, tracking filings, financial news, and market signals from Japan.
TSE:6645
Omron will pay $675mn on an enterprise-value basis, mainly from cash on hand, for Vermont-based OnLogic and its parent, which sells made-to-order industrial PCs directly to customers, mostly outside Japan.
Omron has completed the transfer of all Aratas shares to a subsidiary of a Carlyle-formed company and invested to hold 5% of that buyer's parent, leaving it with an indirect stake rather than a direct holding in the divested device and module business.
AI-linked semiconductor and data-center battery orders doubled operating profit at Omron's automation unit last quarter, pushing the group to raise its full-year profit target to ¥80.0bn from ¥62.0bn.
Current holdings disclosed by tracked funds.