Omron

Omron Corporation (オムロン株式会社, Omuron Kabushiki-gaisha), styled as OMRON, is a Japanese electronics company based in Kyoto, Japan. Omron was established by Kazuma Tateishi (立石一真) in 1933 (as the Tateisi Electric Manufacturing Company) and incorporated in 1948. The company originated in an area of Kyoto called "Omuro (御室)"(ja), from which the name "Omron" was derived. Before 1990, the corporation was known as Omron Tateisi Electronics. During the 1980s and early 1990s, the company motto was: "To the machine the work of machines, to man the thrill of further creation". Omron's primary business is the manufacture and sale of automation components, equipment, and systems. In the consumer and medical markets, it is known for medical equipment such as digital thermometers, blood pressure monitors, and nebulizers. Omron developed the world's first electronic ticket gate, which was named an IEEE Milestone in 2007, and was one of the first manufacturers of automated teller machines (ATM) with magnetic stripe card readers. Omron Oilfield & Marine is a provider of AC and DC drive systems and custom control systems for oil and gas and related industries. Omron was named one of Thomson Reuters Top 100 Global Innovators in 2013. Sales for 2023 were 876,082 million yen (up 14.8% from 2022). Net income was 73,861 million yen (up 20.3% from 2022). Basic earnings per share increased 21.8%. Omron received a platinum (in the top 1%) EcoVadis rating for outstanding sustainability performance. The rating is based on the company's achievements in four areas: Environment, Labour & Human Rights, Sustainable Procurement and Ethics.