Press Releases

OKI Announces Financial Results for the Fiscal Year ended March 31, 2017

TOKYO, Japan, May 12, 2017 -- OKI Electric Industry (TOKYO:6703) today announced its financial results for the fiscal year ended March 31, 2017 and projections for the fiscal year ending March 31, 2018.

1. Summary of the Consolidated Financial Results

  FY ended Mar. 31, 2017 FY ended Mar. 31, 2016 Changes FY end. Mar.
31, 2018
(Projections)
Changes
Amount Ratio Amount Ratio
  Billion yen Billion yen Billion yen % Billion yen Billion yen %
Net sales 451.6 490.3 -38.7 -7.9 455.0 3.4 0.7
Operating income 2.5 18.6 -16.1 -86.3 13.0 10.5 410.8
Ordinary income -2.4 11.4 -13.8 12.0 14.4
Profit attributable to owners of parent 4.7 6.6 -1.9 -29.0 8.0 3.3 70.5
  Yen Yen Yen % Yen Yen %
Net income per share 54.03 76.10 -22.07 -29.0 92.13 38.10 70.5
Diluted net income per share 54.01
Dividend per share (Annual) 50.00 50.00 0.00 50.00 0.00
  Billion yen Billion yen Billion yen % Billion yen Billion yen %
Total assets 360.7 411.8 -51.1 -12.4
Net assets 97.2 107.4 -10.2 -9.5
  % % %   % %  
Total shareholders' equity ratio 26.9 25.9 1.0    
  Yen Yen Yen % Yen Yen %
Shareholders' equity per share 1,115.68 1,229.09 -113.41 -9.2
  Billion yen Billion yen Billion yen % Billion yen Billion yen %
Cash flows from operating activities 42.0 -3.6 45.6 13.0 -29.0 -69.0
Cash flows from investing activities 7.6 -13.8 21.4 -15.0 -22.6
Free cash flows 49.6 -17.4 67.0 -2.0 -51.6
Cash flows from financing activities -44.0 11.1 -55.1

2. Summary of Non-consolidated Financial Results

  FY ended
Mar. 31,
2017
FY ended
Mar. 31,
2016
Changes
Amount Ratio
  Billion yen Billion yen Billion yen %
Net sales 212.2 226.9 -14.7 -6.5
Operating income 5.0 9.9 -4.9 -49.0
Ordinary income 10.3 11.2 -0.9 -8.0
Net income -18.7 6.4 -25.1
  Yen Yen Yen %
Net income per share -215.18 74.23 -289.41
Diluted net income per share
  Billion yen Billion yen Billion yen %
Total assets 264.6 322.3 -57.7 -17.9
Net assets 82.6 105.0 -22.4 -21.3

  • *Amounts are rounded to the nearest hundred million.
  • *OKI consolidated every ten shares of its common stock into one share on October 1, 2016. In accordance with this, each value of net income per share, diluted net income per share, the annual dividend per share and shareholders' equity per share are figured out under the assumption that the consolidation of common stock was executed at the beginning of the previous fiscal year.
  • *The projections and plans in this document are subject to change depending upon the changes of business environments and other conditions.
Press Contact:
Public Relations Division
Phone: +81-3-3501-3835
IR Contact:
Investor Relations
Corporate Planning Division
Phone: +81-3-3501-3836
  • * Information in the press releases is current on the date of the press announcement, but is subject to change without prior notice.
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