2021_1q_omron_e
37/37 - Questioner(5)

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【ノート】
Questioner 5: How have your current full-year forecasts changed relative to your forecasts as of the end of April? A. (Yamada): The impact of COVID-19 in April was very serious; we shelved the full-year plan we created in March so we did not have full-year forecasts as of April. We felt it was more important to focus on crisis management at that time; that has been our focus over the last 3 months. If the question is how the current forecasts compare to our previously formulated plan, we are now guiding for significantly lower sales and profits. As discussed throughout the presentation, we are assuming that the operating environment will remain extremely challenging from Q2 onward. We expect that either Q2 or Q3 will be the bottom for profits. Relative to our view in March, we now believe the situation is tougher.