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Location: Home > About OKI > Investor Relations > Corporate Information > Message from the President


Investor Relations

Corporate Information Message from the President Corporate Information Message from the President


Shinya Kamagami
President

The OKI Group recorded overall net sales were 300.0 billion yen, a 4.9 billion yen decrease year on year due to weak performance of overseas ATMs in Mechatronics systems business despite the steady performance in ICT business and EMS business and the positive effect of the depreciation of yen in Printers business. Operating loss came to 2.8 billion yen, a 3.2 billion yen deterioration year on year due to the decline in sales volume and the changes in the product mix.

Ordinary loss came to 1.7 billion yen, a 2.6 billion yen improvement year on year as foreign exchange losses of 4.3 billion yen which had recorded in the same period of the previous fiscal year, turned into a profit of 0.6 billion yen. Loss attributable to owners of parent was 5.6 billion yen, a 6.4 billion yen improvement year on year.

Overall business has been generally on track. The OKI Group is continuously making efforts to achieve its target for this fiscal year. In addition, OKI has completed its tender offer for Oki Electric Cable in this Q3 as planned with a view to strengthening EMS business. Moving forward, OKI will make solid efforts to pursue sustainable growth as well as reinforcing earning capacity.

We are grateful for the continuing support and cooperation of all our shareholders and investors. I ask for your continued and steadfast support as we move forward.

February 1, 2018

S. Kamagami

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