In Omron's first quarter of the fiscal year ending March 2027, the healthcare business emerged as a second pillar after the control equipment business, with home blood pressure monitors doubling operating profit year on year. The control equipment business posted external revenue of 131.2 billion yen, up 37.2 percent year on year, and operating profit of 21.3 billion yen, up 100.8 percent, while the healthcare business recorded external revenue of 36.4 billion yen, up 16.7 percent, and operating profit of 2.4 billion yen, up 101.7 percent, slightly outpacing the control equipment business in growth rate. The company launched its first blood pressure monitor in 1973 and put the world's first unmanned station system into operation at Hankyu Kita-Senri Station in 1967, and these origins have been carried on in the current healthcare and social systems businesses. The social systems business posted external revenue of 24.2 billion yen, down 2.0 percent year on year, while the data solutions business recorded 13.1 billion yen, up 22.8 percent. The share price rose about 20 percent in roughly one month from 5,358 yen on July 21 to 6,436 yen on August 19, but has since pulled back from a peak of 7,043 yen on August 17, with a price-to-earnings ratio of 31.25 times and a price-to-book ratio of 1.52 times.
OMRON CorporationHealthcare and control equipment businesses show strong profit growth, boosting overall performance.
