OKI Announces Financial Results for the Fiscal Year ended March 31, 2007
April 27, 2007, Tokyo, Japan -- Oki Electric Industry Co., Ltd. (TSE:6703) today announced its financial results for the fiscal year ended March 31, 2007 and the projections for the fiscal year ending March 2008.
Summary of the Consolidated Financial Results
| FY ended Mar. 31, 2007 | FY ended Mar. 31, 2006 | Changes | FY ending Mar. 31, 2008 (projections) |
Changes | |||
|---|---|---|---|---|---|---|---|
| Amount | Ratio | Amount | Ratio | ||||
| Billion yen | Billion yen | Billion yen | % | Billion yen | Billion yen | % | |
| Net sales | 718.8 | 680.5 | 38.3 | 5.6 | 750.0 | 31.2 | 4.3 |
| Operating income | -5.4 | 10.6 | -16.0 | — | 8.0 | 13.4 | — |
| Recurring income | -12.8 | 7.2 | -20.0 | — | 0.0 | 12.8 | — |
| Income before taxes | -16.2 | 10.6 | -26.8 | — | 3.5 | 19.7 | — |
| Net income | -36.4 | 5.1 | -41.5 | — | 1.0 | 37.4 | — |
| Yen | Yen | Yen | % | Yen | Yen | % | |
| Net income per share | -56.27 | 8.27 | -64.54 | — | 1.46 | 57.73 | — |
| Diluted net income per share | — | 7.77 | -7.77 | — | — | — | — |
| Dividend per share | 0.00 | 3.00 | -3.00 | — | 0.00 | — | — |
| Billion yen | Billion yen | Billion yen | % | Billion yen | Billion yen | % | |
| Total assets | 628.4 | 618.9 | 9.5 | 1.5 | — | — | — |
| Total shareholders' equity | 116.0 | 133.9 | 17.9 | -1.3 | — | — | — |
| % | % | % | |||||
| Total shareholders' equity ratio | 17.4 | 21.6 | -4.2 | — | — | — | — |
| Yen | Yen | Yen | % | Yen | Yen | % | |
| Shareholders' equity per share | 160.13 | 218.96 | -58.83 | -26.9 | — | — | — |
| Billion yen | Billion yen | Billion yen | % | Billion yen | Billion yen | % | |
| Cash flows from operating activities | 16.1 | 15.0 | 1.1 | 7.6 | 56.2 | 40.1 | 249.0 |
| Cash flows from investing activities | -34.9 | -28.6 | -6.3 | — | -38.2 | -3.3 | — |
| Cash flows from financing activities | 28.1 | 0.8 | 27.3 | — | -25.2 | -53.3 | — |
- * Amounts are rounded to the nearest hundred million.
- * The projections in this release are subject to change depending upon the changes of business environments and other conditions.
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About Oki Electric Industry Co., Ltd.
Founded in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer, with its headquarters in Tokyo, Japan. OKI provides top-quality products, technologies and solutions to its customers through its info-telecom system business, semiconductor business and printer business. All three businesses function as a collective force to create exciting new products and technologies that satisfy a spectrum of customer needs in various markets. Visit OKI's global web site at http://www.oki.com/.
- Press Contact:
- Public Relations Division
Phone: +81-3-3581-2424 - IR Contact:
- Business Management and Promotion Division Investor Relations
Phone: +81-3-3581-2424
- * Information in the press releases is current on the date of the press announcement, but is subject to change without prior notice.