Message from the President Corporate Information Message from the President
OKI group recorded overall net sales of 337.6 billion yen, a 19.3 billion yen decrease year-on-year due to a decline in sales volume in Info-telecom systems business etc. Operating income was 7.5 billion yen, a 7.8 billion yen decrease year-on-year due to a decline in sales volume in Info-telecom systems business and the impact of currency exchange in Printers business.
Ordinary income was 3.8 billion yen, a 19.5 billion yen decrease year-on-year due to recording loss on currency exchange despite the impact of currency exchange gain in other income and expenses in corresponding period of previous year. Loss attributable to owners of parent was 1.8 billion yen, a 20.3 billion yen downturn year-on-year due to the reversal of deferred tax assets.
For full-year consolidated earnings projections announced on November 5, 2015, overall business has been firmly on track. OKI Group will work together as one to achieve the goal for the fiscal year and the "Mid-term Business Plan 2016."
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 2, 2016