2021_1q_omron_e

10/37 - FY2020 Plan: Assumptions

First, I will start with an explanation of the assumptions underpinning our FY2020 plan. Given that the COVID-19 outbreak now appears likely to continue for some time both domestically and overseas, we expect visibility for the operating environment to remain poor. Hence, our forecasts for Q2 and beyond assume that at a minimum, operating conditions will be challenging throughout the fiscal year. We are maintaining our plan to reduce fixed costs by around ￥20 billion on a full-year basis. However, within this framework, we will continue to make investments we consider to be essential for future growth, as we prepare for the post-COVID-19 period. Next is our view of the operating environment by business segment. Please turn to slide 11.