October 29, 2020
To Whom It May Concern
OKI announces its full-year consolidated earnings projections for the fiscal year ending March 31, 2021 (April 1, 2020 to March 31, 2021), which was partially undecided in the "Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2021 (J-GAAP) " announced on July 30, 2020.
|Net sales||Operating income||Ordinary income||Profit attributable to owners of parent||Net income per share|
|million yen||million yen||million yen||million yen||yen|
|Previous projections (A)||405,000||8,500||undecied||undecied||undecied|
|Current projections (B)||405,000||8,500||8,000||1,000||11.55|
|Percent change (%)||—||—||—||—||—|
|Reference: Results for the fiscal year ended March 31, 2020||457,223||16,829||13,804||14,086||162.80|
In order to respond to the accelerated environmental changes triggered by the spread of COVID-19, OKI had been reviewing various measures for business structure reform. Therefore, it had not yet decided on part of its earnings projections for the fiscal year ending March 31, 2021. However, OKI has decided to announce its full-year earnings forecast after taking into consideration the recent performance trends and the impact on earnings from the review of various measures.