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Notice Regarding Cancellation of Treasury Stock
(Cancellation of Treasury Stock under Article 178 of the Company Law of Japan)

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  • Stock Code: 6645
  • January 30, 2013
    Company Name: OMRON Corporation
    Representative: President & CEO
    Yoshihito Yamada
    Stock Code: 6645
    Stock exchanges: Tokyo and Osaka
    (First Sections)
    Contact: Shunji Okumura,
    General Manager
    Investor Relations Department
    Phone: +81-3-6718-3421

Tokyo, Japan - The Board of Directors of OMRON Corporation (TOKYO: 6645; ADR: OMRNY) today resolved to cancel treasury stock pursuant to Article 178 of the Company Law of Japan.

  1. Reason for Cancellation

    Omron holds treasury stock to use for M&A and business expansion purposes in line with the Company's business strategy. While Omron will continue to consider further M&A opportunities, it will cancel part of its treasury stock in order to maximize shareholder value by reducing the total number of outstanding shares.

  2. Details of Cancellation

    (1) Type of shares to be cancelled: Common stock of the Company
    (2) Number of shares to be cancelled: 12,000,000 shares
    (5.02% of outstanding shares prior to cancellation)
    (3) Scheduled date of cancellation: February 28, 2013

(Reference)

  1. Total number of Company shares outstanding after cancellation: 227,121,372 shares
  2. Projected number of treasury stocks after cancellation: 6,990,685 shares*
    (3.08% of outstanding shares after cancellation)
    *based on the number of treasury stocks as of December 31, 2012

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