Situation of the OKI Group following the earthquake off the Pacific Coast of Tohoku in Japan
TOKYO, March 17, 2011 -- OKI (TSE:6703) today announces the situation of the OKI Group following the earthquake off the Pacific Cost of Tohoku in Japan.
On March 11, a major earthquake hit the north-east of Japan triggering a tsunami that has caused extensive damage and loss of life in the area. OKI extends its heartfelt condolences to all those affected by this disaster and our thoughts go out to those suffering in its aftermath.
No significant injuries have been reported to OKI's employees. Most of its operations have been relatively unaffected. However, the production site in Fukushima, which manufactures certain printers and consumables for the Japanese market, has unfortunately experienced some damage. Although manufacturing operations at Fukushima site had been suspended after the quake, they have partially resumed as of March 16.
The company is monitoring the situation on an on-going basis, while at the same time, examining the most effective recovery measures for a full-scale recovery.
In response to this, OKI has established an Earthquake Disaster Recovery Task Force at its headquarters on March 11 which the President, Hideichi Kawasaki serves as the Task Force Chief. The Task Force will gather information on its Group employees, family and sites near the disaster-affected area and take related measures.
The OKI Group will make every effort for a quick recovery of social infrastructure systems such as electricity, water, gas and hospitals to support the areas affected by the disaster. Our thoughts are with the people affected by the disaster and we will support the customers and the afflicted area so that they will soon be able to begin the reformation process.
About OKI Electric Industry (OKI)
Founded in 1881, OKI Electric Industry is Japan's leading telecommunications manufacturer. Headquartered in Tokyo, Japan, OKI provides top-quality products, technologies, and solutions to customers through its info-telecom systems and printer operations. Its various business divisions function synergistically to bring to market exciting new products and technologies that meet a wide range of customer needs in various sectors . Visit OKI's global website at http://www.oki.com/.
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