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OKI Revises Consolidated Earnings Projections for the First Half of the Fiscal Year ending March 31, 2015

TOKYO, September 10, 2014 -- OKI has revised its consolidated earning projections for the first half (April 1 to September 30, 2014) of the fiscal year ending March 31, 2015 from its previous projections announced on May 8, 2014, in light of recent business performance.

Revision of consolidated projections for the 1st half of the fiscal year ending March 31, 2015
(From April 1 to September 30, 2014)

  Net sales Operating income Ordinary income Net income Net income per share
  billion yen billion yen billion yen billion yen yen
Previous projections (A) 220.0 3.0 1.0 1.0 0.69
Revised projections (B) 228.0 6.0 5.0 5.5 6.92
Changes (B-A) 8.0 3.0 4.0 4.5
Percent change (%) 3.6 100.0 400.0 450.0
Reference: Results for the 1st half of the fiscal year ended March 31, 2014 204.0 2.8 7.0 1.8 2.49

Reasons of revision

OKI has raised its net sales and operating income projections for the 1st half of the fiscal year ending March 31, 2015 from the previous announcement, mainly against the backdrop of improvement in product mix in the Printer business and steady progress of ATM business with a focus on China, in Info-telecom System business. OKI also expects higher ordinary income than the previous announcement due to impact of currency exchange and revision of non-operating expense, in addition to improvement in operating income. Moreover, OKI projects net income to increase from the previous announcement.

OKI is currently examining its full-year consolidated earning projections for the fiscal year ending March 31, 2015 and will promptly disclose any matters that should be disclosed.

  • 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.
  • Net income per share in this revised earning projection announced today is based on the number of shares as of August 31, 2015.
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.

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