OKI Announces Financial Results for the First Quarter of the Fiscal Year ending March 31, 2008
July 27, 2007, Tokyo, Japan -- Oki Electric Industry Co., Ltd. (TSE:6703) today announced its financial results for the first quarter (from April 1, 2007 to June 30, 2007) of the fiscal year ending March 31, 2008.
Summary of the Consolidated Financial Results
| Q1 of FY Mar. 31, 2008 | Q1 of FY Mar. 31, 2007 | Changes | <Reference> FY Mar. 31, 2007 |
||
|---|---|---|---|---|---|
| Amount | Ratio | ||||
| Billion yen | Billion yen | Billion yen | % | Billion yen | |
| Net sales | 143.5 | 130.4 | 13.1 | 10.1 | 718.8 |
| Operating income | -4.7 | -9.0 | 4.3 | — | -5.4 |
| Recurring income | -5.4 | -10.5 | 5.1 | — | -12.8 |
| Income before taxes | -5.7 | -10.6 | 4.9 | — | -16.2 |
| Net income | -8.0 | -7.4 | -0.6 | — | -36.4 |
| Yen | Yen | Yen | % | Yen | |
| Net income per share | -11.73 | -12.04 | 0.31 | — | -56.27 |
| Diluted net income per share | — | — | — | — | — |
| Billion yen | Billion yen | Billion yen | % | Billion yen | |
| Total assets | 598.4 | 617.7 | -19.3 | -3.1 | 628.4 |
| Total shareholders' equity | 108.8 | 127.0 | -18.2 | -14.3 | 116.0 |
| % | % | % | |||
| Total shareholders' equity ratio | 17.1 | 19.6 | -2.5 | 17.4 | |
| Yen | Yen | Yen | % | Yen | |
| Shareholders' equity per share | 149.84 | 197.53 | -47.69 | -24.1 | 160.13 |
| Billion yen | Billion yen | Billion yen | % | Billion yen | |
| Cash flows from operating activities | 5.5 | -6.6 | 12.1 | — | 16.1 |
| Cash flows from investing activities | -6.6 | -5.6 | -1.0 | — | -34.9 |
| Cash flows from financing activities | -8.4 | 26.7 | -35.1 | — | 28.1 |
- *Amounts are rounded to the nearest hundred million.
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