Investor Relations
IR Announcement
February 7, 2024
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 Revisions to Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2024
OKI has decided to revise the consolidated earnings forecast for the fiscal year ending March 31, 2024 announced on August 10, 2023. Details are as follows:
1.Revisions of consolidated earnings forecasts
(1)Revised consolidated earning forecasts for the fiscal year ending March 31, 2024
| Net sales | Operating income | Ordinary income | Profit attributable to owners of parent | Net income per share | |
|---|---|---|---|---|---|
| million yen | million yen | million yen | million yen | yen | |
| Previous forecasts (A) | 440,000 | 15,000 | 12,500 | 8,000 | 92.31 |
| Revised forecasts (B) | 425,000 | 17,000 | 15,500 | 12,000 | 138.45 |
| Changes (B) - (A) | -15,000 | 2,000 | 3,000 | 4,000 | — |
| Percent change (%) | -3.4 | 13.3 | 24.0 | 50.0 | — |
| Ref. Previous term (FY ended Mar.31, 2023) |
369,096 | 2,403 | -328 | -2,800 | -32.33 |
(2)Reasons for the revision
With regard to the consolidated earnings forecast for the fiscal year ending March 2024, the Company has revised the figures announced on August 10, 2023 as described above, taking into account the current business environment and business performance trends, as well as gains on sales of investment securities due to asset normalization.
