2021_1q_omron_e

16/37 - HCB: Online Channel Sales Growth

This table shows the proportion of online sales for HCB for each region. The upper bar shows FY2019 full-year results. The lower bar is Q1 FY2020 results. HCB's biggest strength to date has been its global network of 600,000 retail outlets. OMRON products are available in drugstores not only in Japan and the Americas, but Europe, China and the Middle East. However, rather than being complacent about this strength, over the last few years we have been consistently developing our online channels. In China, online already accounts for more than 40% of our sales. OMRON BPMs are a strong seller not only for Alibaba but for JD.com as well. As a result, while lockdowns hurt real store sales, this was offset by online sales, which contributed to sales growth. The online channel has become, alongside our store network, a key strength for OMRON. Next, let us look at operating income forecasts by business segment. Please turn to slide 17.