13438048 2024-04-01 2025-03-31 13438048 2024-04-01 2025-03-31 auditor_1 13438048 2024-04-01 2025-03-31 memberOfBoardIdentifier_1 13438048 2024-04-01 2025-03-31 memberOfBoardIdentifier_1 13438048 2024-04-01 2025-03-31 memberOfBoardIdentifier_2 13438048 2024-04-01 2025-03-31 memberOfBoardIdentifier_3 13438048 2023-04-01 2024-03-31 13438048 2025-03-31 13438048 2024-03-31 13438048 2024-03-31 fsa:ContributedCapitalMember 13438048 2024-03-31 fsa:RetainedEarningsMember 13438048 2024-03-31 fsa:ProposedDividendRecognisedInEquityMember 13438048 2024-04-01 2025-03-31 fsa:ContributedCapitalMember 13438048 2024-04-01 2025-03-31 fsa:RetainedEarningsMember 13438048 2024-04-01 2025-03-31 fsa:ProposedDividendRecognisedInEquityMember 13438048 2025-03-31 fsa:ContributedCapitalMember 13438048 2025-03-31 fsa:RetainedEarningsMember 13438048 2025-03-31 fsa:ProposedDividendRecognisedInEquityMember 13438048 2024-03-31 fsa:FixturesFittingsToolsAndEquipmentMember 13438048 2024-03-31 fsa:LeaseholdImprovementsMember 13438048 2024-03-31 fsa:PropertyPlantAndEquipmentInProgressAndPrepaymentsForPropertyPlantAndEquipmentMember 13438048 2024-04-01 2025-03-31 fsa:FixturesFittingsToolsAndEquipmentMember 13438048 2024-04-01 2025-03-31 fsa:LeaseholdImprovementsMember 13438048 2024-04-01 2025-03-31 fsa:PropertyPlantAndEquipmentInProgressAndPrepaymentsForPropertyPlantAndEquipmentMember 13438048 2025-03-31 fsa:FixturesFittingsToolsAndEquipmentMember 13438048 2025-03-31 fsa:LeaseholdImprovementsMember 13438048 2025-03-31 fsa:PropertyPlantAndEquipmentInProgressAndPrepaymentsForPropertyPlantAndEquipmentMember iso4217:DKK pure 2023-04-01 2024-03-31 2025-10-14 13438048 2025-10-14 Reporting class B DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB 2300 København S Weidekampsgade 6 33963556 Auditor's report on audited financial statements DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB 33963556 true Annual report Mette Helle Israelsen The Board of Directors and the Executive Board have today discussed and approved the annual report for OMRON ELECTRONICS A/S for the financial year 1 April 2024 - 31 March 2025. The annual report has been prepared in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the Company's assets, liabilities and financial position at 31 March 2025 and of the results of the Company's operations for the financial year 1 April 2024 - 31 March 2025. Further, in our opinion, the Management's review gives a fair review of the matters discussed in the Management's review. We recommend that the annual report be approved at the annual general meeting. Køge 2025-10-14 Samuel William Tilley Director Preben Eggers Olsen Chairman Samuel William Tilley Vincent Spencer King Independent auditor's report To the shareholder of OMRON ELECTRONICS A/S Opinion We have audited the financial statements of OMRON ELECTRONICS A/S for the financial year 1 April 2024 - 31 March 2025, comprising income statement, balance sheet, statement of changes in equity and notes, including accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the Company's financial position at 31 March 2025 and of the results of the Company's operations for the financial year 1 April 2024 - 31 March 2025 in accordance with the Danish Financial Statements Act. Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the "Auditor's responsibilities for the audit of the financial statements" section of our report.We are independent of the Company in accordance with the International Ethics Standards Board for Accountants' International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management's responsibility for the financial statementsManagement is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act and for such internal control that Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, Management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statementsOur objectives are to obtain reasonable assurance as to whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements in Denmark will always detect a material misstatement when it exists. Misstatements may arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of financial statement users made on the basis of these financial statements.As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, we exercise professional judgement and maintain professional scepticism throughout the audit. We also:Identify and assess the risks of material misstatement of the company financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal control.Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management.Conclude on the appropriateness of Management's use of the going concern basis of accounting in preparing the financial statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.Evaluate the overall presentation, structure and contents of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view.We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Statement on the Management's reviewManagement is responsible for the Management's review.Our opinion on the financial statements does not cover the Management's review, and we do not express any form of assurance conclusion thereon.In connection with our audit of the financial statements, our responsibility is to read the Management's review and, in doing so, consider whether the Management's review is materially inconsistent with the financial statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated.Moreover, it is our responsibility to consider whether the Management's review provides the information required by relevant law and regulations Based on the work we have performed, we conclude that the Management's review is in accordance with the financial statements and has been prepared in accordance with the requirements in the relevant law and regulations. We did not identify any material misstatement of the Management's review. Copenhagen 2025-10-14 DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB 33963556 Henrik Wolff Mikkelsen State Authorised Public Accountant mne33747 OMRON ELECTRONICS A/S Theilgaards Torv 3, 1. DK-4600 Køge 13438048 Køge 2024-04-01 2025-03-31 DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB Weidekampsgade 6 2300 København S 33963556 Principal activities The Company's activities consist of sale, delivery and marketing of sensors, vision systems, control components together with PLC, software, networks and drives for automation. Development in activities and financial position The Company's income statement for 2024/25 shows a profit of DKK 1,088,818 as against a profit of DKK 4,514,301 in 2023/24. Equity in the Company's balance sheet at 31 March 2025 stood at DKK 16,181,965 as against DKK 15,093,147 at 31 March 2024. The financial year 2024/25 was a challenging year but satisfactory year for Omron Electronics A/S. The business faced a variety of supply chain challenges from prior year impacting the current year such as component scarcity, logistical problems and customer overstocking. In 2024/25 Omron Corporation announced a global restructure to meet the future needs, its agility and corporate strategy. This was completed satisfactorily in the year. 26711377 36773896 22411614 30512361 286235 287198 2667242 11643 1346286 5962694 235397 0 118205 47281 1463478 5915413 374660 1401112 1088818 4514301 521000 0 567818 4514301 771156 633817 166610 251959 168267 69787 1106033 955563 663477 548672 1769510 1504235 1142440 301943 20858437 22987876 1205457 887644 752948 0 618654 690753 23435496 24566273 8392701 2975366 32970637 27843582 34740147 29347817 10000000 10000000 5660965 5093147 521000 0 16181965 15093147 29867 25247 29867 25247 432798 684826 14372767 8808922 0 468148 3722750 4267527 18528315 14229423 18528315 14229423 34740147 29347817 10000000 5093147 0 0 567818 521000 10000000 5660965 521000 The annual report of OMRON ELECTRONICS A/S for 2024/25 has been prepared in accordance with the provisions applying to reporting class B entities under the Danish Financial Statements Act with opt-in from higher reporting classes.The accounting policies used in the preparation of the financial statements are consistent with those of last year. Foreign currency translation On initial recognition, transactions denominated in foreign currencies are translated at the exchange rates at the transaction date. Foreign exchange differences arising between the exchange rates at the transaction date and the date of payment are recognised in the income statement as financial income or financial expenses. Receivables, payables and other monetary items denominated in foreign currencies are translated at the exchange rates at the balance sheet date. The difference between the exchange rates at the balance sheet date and the date at which the receivable or payable arose or was recognised in the latest financial statements is recognised in the income statement as financial income or financial expenses. Revenue Income from the sale of goods, comprising the sale of goods for resale, is recognised in revenue when delivery and transfer of risk to the buyer have taken place, and the income may be measured reliably and is expected to be received. The date of transfer of the most significant benefits and risks is determined using standard Incoterms ® 2020. Revenue is measured at the fair value of the agreed consideration excluding VAT and taxes charged on behalf of third parties. All discounts granted are recognised in revenue. Cost of sales Cost of sales comprises costs incurred to generate revenue for the year. This item also comprises direct costs for goods for resale and changes to inventory of goods for resale. Other operating income Other operating income comprises items secondary to the activities of the Company, including gains on the disposal of intangible assets and property, plant and equipment as well as payroll refunds. Other external costs Other external costs comprise distribution costs and costs related to sales, sales campaigns, administration, office premises, etc. Staff costs Staff costs comprise wages and salaries, including holiday allowance, pension and other social security costs, etc., to the Company's employees, excluding reimbursements from public authorities. Other operating costs Other operating costs comprise items secondary to the activities of the entity. Financial income and expenses Other financial expenses comprise interest and transactions denominated in foreign currencies. Tax on profit for the year Tax for the year comprises current corporation tax for the year and changes in deferred tax, including changes in tax rates. The tax expense relating to the profit for the year is recognised in the income statement, and the tax expense relating to amounts directly recognised in equity is recognised directly in equity. Property, plant and equipmentFixtures and fittings, tools and equipment and leasehold improvements are measured at cost less accumulated depreciation and impairment losses.Cost comprises the purchase price and any costs directly attributable to the acquisition until the date on which the asset is available for use. Indirect production overheads and borrowing costs are not recognised in cost.The basis of depreciation is cost less any projected residual value after the end of the useful life. Depreciation is provided on a straight-line basis over the estimated useful life. The estimated useful lives are as follows:Fixtures and fittings, tools and equipment2-5 yearsLeasehold improve­ments8 yearsThe useful life and residual value are reassessed annually. Changes are treated as accounting estimates, and the effect on depreciation is recognised prospectively.Depreciation is recognised in the income statement as production costs, distribution costs and administrative expenses, respectively. Gains and losses on the disposal of property, plant and equipment are stated as the difference between the selling price less selling costs and the carrying amount at the date of disposal. Gains and losses are recognised in the income statement as other operating income or other operating costs, respectively. Leases All leases are operating leases. Payments relating to operating leases and other leases are considered in the income statement over the term of the lease. The Company's total obligation relating to operating leases and other leases is disclosed as contractual obligations and contingencies, etc. Financial assets Other receivables and deposits are recognised at amortised cost. Impairment of fixed assets The carrying amount of property, plant and equipment is subject to an annual test for indications of impairment other than the decrease in value reflected by depreciation or amortisation. Impairment tests are conducted of individual assets or groups of assets when there is an indication that they may be impaired. Write-down is made to the recoverable amount if this is lower than the carrying amount. The recoverable amount is the higher of an asset's net selling price and its value in use. The value in use is determined as the present value of the forecast net cash flows from the use of the asset or the group of assets, including forecast net cash flows from the disposal of the asset or the group of assets after the end of the useful life. Inventories Inventories are measured at cost in accordance with the FIFO method. Where the net realisable value is lower than cost, inventories are written down to this lower value. Goods for resale are measured at cost, comprising purchase price plus delivery costs. The net realisable value of inventories is calculated as the sales amount less costs of completion and costs necessary to make the sale and is determined taking into account marketability, obsolescence and development in expected selling price. Receivables Receivables are measured at amortised cost. Write-down is made for bad debt losses where there is an objective indication that a receivable or a portfolio of receivables has been impaired. If there is an objective indication that an individual receivable has been impaired, write-down is made on an individual basis. Corporation tax and deferred tax Current tax payable and receivable is recognised in the balance sheet as tax computed on the taxable income for the year, adjusted for tax on the taxable income of prior years and for tax paid on account. Deferred tax is measured using the balance sheet liability method on all temporary differences between the carrying amount and the tax value of assets and liabilities based on the planned use of the asset or settlement of the liability. However, deferred tax is not recognised on temporary differences relating to goodwill non-deductible for tax purposes and on office premises and other items where the temporary differences arise at the date of acquisition without affecting either profit/loss or taxable income. Deferred tax assets, including the tax value of tax loss carryforwards, are recognised at the expected value of their utilisation within the foreseeable future; either as a set-off against tax on future income or as a set-off against deferred tax liabilities in the same legal tax entity. Any deferred net assets are measured at net realisable value. Deferred tax is measured in accordance with the tax rules and at the tax rates applicable at the balance sheet date when the deferred tax is expected to crystallise as current tax. Changes in deferred tax as a result of changes in tax rates are recognised in the income statement or equity, respectively. EquityDividends The expected dividend payment for the year is disclosed as a separate item under equity. Liabilities other than provisions Financial liabilities are recognised at cost at the date of borrowing, corresponding to the proceeds received less transaction costs paid. In subsequent periods, the financial liabilities are measured at amortised cost using the effective interest method. Accordingly, the difference between cost and the nominal value is recognised in the income statement over the term of the loan together with interest expenses. Other liabilities are measured at amortised cost. 20515029 27770223 1686578 2382541 210007 359597 26 33 Total staff costs amount to DKK 24,826,763, of which DKK 2,415,149 is classified as other operating costs in the income statement. Excluding these other opreating costs, staff costs amount to DKK 22,411,614. Other operating expenses increased on prior year as a result of the global restructure program. 3284795 1468583 69787 338225 0 98480 3623020 1468583 168267 -2650978 -1216624 0 -200886 -85349 0 -2851864 -1301973 0 771156 166610 168267 Operating lease obligationsThe Company has entered into operating leases at the following amounts:The remaining term of the leases is maximum 81 months with a total lease obligation of DKK 2,190,174 (2023/24: DKK 4,023,308). OMRON ELECTRONICS A/S' related parties comprise the following:Control OMRON ELECTRONICS A/S holds the majority of the contributed capital in the Company. OMRON ELECTRONICS A/S is part of the consolidated financial statements of Omron Europe B.V., Wegalaan 67-69, 2132 JD, Hoofddorp, Netherlands, and the consolidated financial statements of Omron Corporation, Shiokoji Horikawa, Shimogyo-ku, Kyoto 600-8530, Japan, which are the smallest and largest groups, respectively, in which the Company is included as a subsidiary. The consolidated financial statements of Omron Europe B.V. can be obtained by contacting this webpage https://www.omron.com/global/en/integrated_report/