Message from the President Corporate Information Message from the President
OKI reported net sales of 540.2 billion yen, a 57.1 billion yen increase year-on-year, due to strong performances in each business segment, including Info-telecom business. Operating income was 32.4 billion yen, a 5.2 billion yen increase year-on-year, thanks to increase in sales volume in Info-telecom business and Printer business' product mix improvement. Ordinary income was 37.9 billion yen, a 1.2 billion yen increase year-on-year as increase of operating income offset a decrease in currency exchange gain. Net income was 33.1 billion yen, a 5.7 billion yen increase year-on-year as the expense of business structural reform accrued in the last fiscal year was cleared.
In light of this business environment, OKI projects a year-end dividend for fiscal year 2014 will be 3 yen per share and an annual dividend will be 5 yen combined with an interim dividend of 2 yen.
For fiscal year 2015, the second year under Mid-term Business Plan 2016, OKI will strive to achieve sustainable growth while positioning fiscal year 2015 as a year of consolidating a foothold for achieving goals for fiscal year 2016.
In growth areas, OKI will accelerate ATM business in emerging countries backed by ensuring business base in Chinese market and cultivate Brazilian market proactively by providing teller cash recyclers and cash recycling ATMs. In Printer business, OKI seeks to boost sales by providing new products and strengthen sales channel support. In domestic market, OKI will make a full-scale entry into next generation social infrastructure business and firmly acquire robust domestic demands. In addition, OKI strives to accelerate growth aiming at expanding sales and manufacturing backed by proactive investment.
Through these measures, OKI projects net sales of 545.0 billion yen and operating income of 30.0 billion yen and net income of 22.0 billion yen.
For the dividend of fiscal year 2015 projections, in light of the projection for fiscal year 2016 and the policy for profit return, OKI plans to pay an interim dividend of 2 yen, a year-end dividend of 3 yen and an annual dividend of 5 yen per share.
OKI will make the utmost effort to ensure stable and continuous profit return to our stakeholders as our top priority issue.
To our shareholders and investors, I ask for your continued and steadfast support as we move forward.
May 8, 2015