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Press Releases

Oki Announces Financial Results for the Fiscal Year ended March 31, 2006

April 27, 2006, Tokyo, Japan -- Oki Electric Industry Co., Ltd. (TSE:6703) today announced its financial results for the fiscal year ended March 31, 2006 and the projections for the next fiscal year.

Summary of the Consolidated Financial Results

  FY ended Mar. 31, 2005 FY ended Mar. 31, 2006 Changes FY ending Mar.
31, 2007
(projections)
Changes
Amount Ratio Amount Ratio
  Billion yen Billion yen Billion yen % Billion yen Billion yen %
Net sales 688.5 680.5 -8.0 -1.2 720.0 39.5 5.8
Operating income 27.2 10.6 -16.6 -61.1 15.0 4.4 41.6
Recurring income 21.2 7.2 -14.0 -65.8 8.0 0.8 10.5
Income before taxes 18.5 10.6 -7.9 -42.7 4.0 -6.6 -62.3
Net income 11.2 5.1 -6.1 -54.7 2.5 -2.6 -50.6
  Yen Yen Yen % Yen Yen %
Net income per share 18.27 8.27 -10.00 -54.7 4.09 -4.18
Diluted net income per share 17.87 7.77 -10.10 -56.5
  Billion yen Billion yen Billion yen % Billion yen Billion yen %
Total assets 608.0 618.9 10.9 1.8
Total shareholders' equity 124.8 133.9 9.1 7.3
  % % %        
Total shareholders' equity ratio 20.5 21.6 1.1
  Yen Yen Yen % Yen Yen %
Shareholders' equity per share 204.11 218.96 14.85 7.3
  Billion yen Billion yen Billion yen % Billion yen Billion yen %
Cash flows from operating activities 59.3 15.0 -44.3 -74.8 54.2 39.2 262.2
Cash flows from investing activities -41.5 -28.6 12.9 -54.2 -25.6
Cash flows from financing activities -26.9 0.8 27.7 -4.8 -5.6
  • * Amounts are rounded to the nearest hundred million.
  • * The projections in this release are subject to change depending upon the changes of business environments and other conditions..
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About Oki Electric Industry Co., Ltd.

Founded in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer, with its headquarters in Tokyo, Japan. With the corporate vision, "Oki, Network Solutions for a Global Society," Oki provides top-quality products, technologies and solutions to its customers through its info-telecom system business, semiconductor business and printer business. All three businesses function as a collective force to create exciting new products and technologies that satisfy a spectrum of customer needs in various markets. Visit Oki's global web site at http://www.oki.com/.

Press Contact:
Public Relations Division
Phone: +81-3-3581-2424
  • * 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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