Notice Regarding Financial Projections
TOKYO, July 29, 2011 -- OKI Electric Industry (TSE:6703) has announced consolidated financial projections for the first half (from April 1, 2011 to Sept. 30, 2011) of the FY ending March 31, 2012, that were not included in the announcement of financial results for the FY ended March 31, 2011 (announced on May 13, 2011), in light of recent conditions and performance trends.
1. Consolidated 1H projections for the FY ending March 31, 2012
(From April 1, 2011 to September 30, 2011)
| Net sales | Operating income | Recurring income | Net income | Net income per share | |
|---|---|---|---|---|---|
| billion yen | billion yen | billion yen | billion yen | yen | |
| Previous projections (A) | — | — | — | — | — |
| Current projections (B) | 186.0 | 0.0 | -1.5 | -5.0 | -6.84 |
| Changes (B-A) | — | — | — | — | — |
| Percent change (%) | — | — | — | — | — |
| Reference: Results for the 1H, fiscal year ended March 2011 | 185.9 | -5.7 | -7.9 | -11.7 | -16.43 |
2. Reasons for disclosure
The projections for the first half of the fiscal year ending March 31, 2012 was reported undecided, due to the difficulty in estimating the impact of the Great East Japan Earthquake. However, based on recent conditions and business performance, OKI has made the financial projections shown above.
Financial projections for the full fiscal year ending March 31, 2012 remains the same as the annoucement on May 13, 2011.
(Full-year Projections for FY end. Mar.31, 2012)
- (Billion yen)
- Net sales
- 436.0
- Operating income
- 15.0
- Recurring income
- 12.0
- Net income
- 7.5
- Net income per share
- 8.45 yen
- Amounts are rounded to the nearest hundred million.
- The projections and plans on this release are subject to change depending upon the changes of business environments and other conditions.
- Press Contact:
- Public Relations Division
Phone: +81-3-3501-3835
- * Information in the press releases is current on the date of the press announcement, but is subject to change without prior notice.