Investor Relations
IR Announcement
October 23, 2018
To Whom It May Concern
- Company
- Oki Electric Industry Co., Ltd.
- Representative
- Shinya Kamagami
President
Representative Director - Code
- 6703 (First Section, TSE)
- Contact
- Atsushi Yamauchi
General Manager
Investor Relations - TEL
- +81-3-3501-3836
Notice on Revision of Consolidated Earnings Projections for the First Half of the Fiscal Year Ending March 31, 2019
OKI has revised its consolidated earnings projections for the first half (April 1, 2018 to September 30, 2018) of the fiscal year ending March 31, 2019 from its previous projections announced on May 8, 2018, in light of recent business performance.
Revision of consolidated earnings projections for the first half of the fiscal year ending March 31, 2019 (From April 1, 2018 to September 30, 2018)
| Net sales | Operating income | Ordinary income | Profit attributable to owners of parent | Net income per share | |
|---|---|---|---|---|---|
| Billion yen | Billion yen | Billion yen | Billion yen | Yen | |
| Previous projections (A) | 196.0 | -3.0 | -3.5 | -6.0 | -69.37 |
| Revised projections (B) | 193.5 | 0.8 | -0.8 | -2.5 | -28.90 |
| Changes (B-A) | -2.5 | 3.8 | 2.7 | 3.5 | — |
| Percent change (%) | -1.3 | — | — | — | — |
| Reference: Results for the 1st half of the fiscal year ended March 31, 2018 | 194.0 | -4.1 | -3.3 | -4.6 | -52.76 |
Reasons of revision
In consideration of stable business performance in each business, such as the improvement in profitability in the Printers business mainly due to effects of the business structural reforms, as well as the improvement in sales mix in the ICT business, OKI projects its operating income, ordinary loss, and loss attributable to owners of parent to improve from the previous announcement.
The full-year consolidated earnings projections for the fiscal year ending March 31, 2019 announced on May 8, 2018 have been left unchanged. Going forward, OKI will implement prompt disclosure when the change on its earnings projections is necessary.
- *Amounts are rounded to the nearest hundred million.
- *The projections and plans on this document are subject to change depending upon the changes of business environments and other conditions.
