Investor Relations
IR Announcement
December 20, 2023
To Whom It May Concern
- Company
- Oki Electric Industry Co., Ltd.
- Representative
- Takahiro Mori
Representative Director
Chief Executive Officer - Code
- 6703 (Prime Market, TSE)
- Contact
- Hideaki Sato
General Manager
Investor Relations - TEL
- +81-3-5635-8212
Notice Regarding Dividends Received from Consolidated Subsidiary
OKI (hereinafter, the "Company") announces that it expects to receive dividends of surplus from its consolidated subsidiary OKI Crosstech Co., Ltd. As a result, there will be an impact on the Company's non-consolidated financial results. Details are as follows:
- Overview of dividend
(1) Amount of dividend: 6,388 million yen
(2) Scheduled date of receipt: December 25, 2023
- Impact on financial results
The Company will post dividend income of 6,388 million yen under nonoperating income for its non-consolidated financial results for the fiscal year ending March 31, 2024.
Since the dividends are from a consolidated subsidiary, they will have no impact on the Company's consolidated business results for the fiscal year ending March 31, 2024.
