Omtron USA, LLC history

Tateisi worked briefly as an electrical engineer for the government on a Hyogo hydroelectric plant, and then began working for the Inoue Electric Manufacturing Company in 1922.

But in 1932 Tateisi used the knowledge of induction relays he had acquired at Inoue to invent and develop a timing device that limited X-ray exposure to 1/20 of a second.

The company was founded by Kazuma Tateishi on May 10, 1933 and is headquartered in Kyoto, Japan.“

In 1937 Tateisi built a larger factory with offices and a warehouse.

In 1944 Tateisi converted a movie studio into the Kyoto branch factory.

Production for the government required incorporation, which Tateisi completed on April 14, 1948.

In 1958 Omron became a registered trademark and began to be used on all the company's products.

Complex vending machines, introduced in 1963, were also a long-term success for the company.

During the eight-year period ending in 1967, annual sales increased almost tenfold again, to ¥10 billion.

Who invented the first on-line cash machine in the world? Omron did! In 1971, Omron unleashed the worlds first on-line cash dispenser.

The oil crisis in 1973 sparked a period of slow growth nationwide.

In 1978, four years behind its original goal, Omron's sales reached ¥101.1 billion.

The brisk pace of 1984-85 hinted at recovery, and the corporation set record net profit levels.

The latter was certain to employ the company's Office Automation and Information Systems divisions, which made up ten percent of sales in 1988.

Likewise, China became a key for overseas growth and Omron established a regional headquarters there in fiscal 1995.

The beginning of the Asian financial crisis in mid-1997 and the subsequent fall of the Japanese economy into recession wreaked havoc upon Omron's plans.