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Revised P/L Projection for the Fiscal Year 2000 ending March 31, 2001

October 24, 2000, Tokyo -- Oki Electric Industry Co., Ltd. today announced its revised P/L projections for FY 2001 ending March 31, 2001 both on consolidated and non-consolidated basis.

Consolidated P/L projection for the six months period ended September 30, 2000

(Millions of Yen)
Consolidated Previous (A) Revised (B) (B)-(A) Change
Net Sales 310,000 314,000 4,000 1.3%
Ordinary Profit 1,000 3,000 2,000 200.0%
Net Income 1,000 2,000 1,000 100.0%


Non-consolidated P/L projection for the six months period ended September 30, 2000

(Millions of Yen)
Non-consolidated Previous (A) Revised (B) (B)-(A) Change
Net Sales 220,000 227,000 7,000 3.2%
Ordinary Profit 4,000 6,000 3,000 50.0%
Net Income 3,000 6,000 3,000 100.0%

Sales of semiconductor increased because of booming markets.
Moreover, cost reductions and increased sales performance of semiconductor boosted profit.




Press Contact:
Public Relations Division
Phone: +81-3-3580-8950

Information in the press releases is current on the date of the press announcement, but is subject to change without prior notice.

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