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OKI Announces Consolidated Financial Results for the First Half of the Fiscal Year ending March 31, 2017

TOKYO, October 28, 2016 -- Oki Electric Industry Co., Ltd. (TOKYO:6703) today announced its summary of consolidated financial results for the first half (from April 1, 2016 to September 30, 2016) of the fiscal year ending March 31, 2017.

1. Summary of the Consolidated Financial Results

  1H of FY Mar. 31, 2017 1H of FY Mar. 31, 2016 Changes <Projections>
Full year end. FY Mar. 31, 2017
<Results>
FY end. Mar. 31, 2016
Amount Ratio
  Billion yen Billion yen Billion yen % Billion yen Billion yen
Net sales 199.3 223.0 -23.7 -10.6 465.0 490.3
Operating income -0.6 3.6 -4.2 15.0 18.6
Ordinary income -8.9 2.7 -11.6 6.0 11.4
Profit attributable to owners of parent -13.5 0.9 -14.4 3.0 6.6
  Yen Yen Yen % Yen Yen
Net income per share -155.79 10.31 -166.10 34.55 76.10
Diluted net income per share
  Billion yen Billion yen Billion yen % Billion yen Billion yen
Total assets 371.9 412.5 -40.6 -9.8 411.8
Net assets 93.1 113.6 -20.5 -18.1 107.4
  % % %   % %
Shareholders' equity ratio 24.9 27.3 -2.4   25.9
  Billion yen Billion yen Billion yen % Billion yen Billion yen
Cash flows from operating activities 21.0 -3.5 24.5 30.0 -3.6
Cash flows from investing activities -8.2 -9.2 1.0 -15.0 -13.8
Free cash flows 12.8 -12.7 25.5 15.0 -17.4
Cash flows from financing activities -15.9 3.7 -19.6 11.1

  • *Amounts are rounded to the nearest hundred million.
  • *OKI has revised its full-year consolidated earnings projections for the fiscal year ending March 31, 2017 (April 1, 2016 to March 31, 2017) from its previous projections announced on May 10, 2016.
  • *OKI consolidated every ten shares of its common stock into one share on October 1, 2016. In accordance with this, each of net income per share is 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
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