Results Summary

Results of operations for the fiscal year under review (April 1, 2025 to March 31, 2026) The Japanese economy has been on a moderate recovery trend due to the effects of various government policies, with improvements in employment and the income situation. On the other hand, the outlook remains uncertain due to the continued rise in prices, U.S. trade policy trends, fluctuations in the financial and capital markets, and the situation in the Middle East.
In this environment, OKI's vision for 2031, the 150th anniversary of the Company's founding, is to provide value that leads to the resolution of social issues as a company that does not stop and contribution to the maintenance of social infrastructure in the three fields of contribution: safe and convenient social infrastructure, job satisfaction and productivity enhancement, and conservation of the global environment. In order to realize OKI's vision, we started the Medium-Term Business Plan 2025, covering the period from FY2023 through FY2025. In this fiscal year, the final year of Medium Term Business Plan 2025, we are working to complete the plan while also accelerating initiatives toward sustainable growth beyond that.
For the consolidated fiscal year ended March 31, 2026, net sales were ¥421.6 billion, down ¥30.9 billion, or 6.8%, from the previous fiscal year. Operating profit was ¥18.8 billion, up ¥0.2 billion, or 1.2%; ordinary profit was ¥20.8 billion, up ¥4.0 billion, or 23.6%; and profit attributable to owners of parent was ¥21.5 billion, up ¥9.0 billion, or 72.4%. Although there was an impact from the absence of large-scale projects in Enterprise Solutions, Public Solutions performed strongly, allowing net sales to remain at a certain level and operating profit to stay broadly in line with the previous fiscal year. Profit attributable to owners of parent increased significantly, mainly due to gains on business transfers associated with participation in ETRIA Co., Ltd.

Net sales reached ¥139.7 billion (a year-on-year increase of ¥9.2 billion, or 7.1%), and operating profit was ¥18.1 billion (a year-on-year increase of ¥4.0 billion, or 28.7%). Sales and profit increased due to growth in the Social Infrastructure Solutions business. Although the TOKKI Systems business fell below the previous fiscal year's level, performance remained solid, mainly in underwater acoustics, supported by expanding defense demand.

Net sales reached ¥150.6 billion (a year-on-year decrease of ¥29.2 billion, or 16.3%), and operating profit was ¥10.3 billion (a year-on-year decrease of ¥2.8 billion, or 21.4%). Although sales and profit declined due to the reactionary decline from large-scale projects and other factors, production efficiency improvements and other measures were promoted, and an operating profit margin of 7% was secured.

Net sales reached ¥68.2 billion (a year-on-year decrease of ¥7.6 billion, or 10.1%), and operating profit was ¥2.0 billion (a year-on-year decrease of ¥0.9 billion, or 32.7%). Although sales and profit declined due to fluctuations in demand in Japan and overseas, structural reforms were implemented to stabilize the business.

Net sales reached ¥62.7 billion (a year-on-year decrease of ¥3.2 billion, or 4.8%), and operating profit was ¥1.0 billion (an improvement of ¥1.8 billion year on year). Although the D/EMS business struggled due to sluggish market conditions, a recovery in the Components business contributed to improved profitability for the segment as a whole.

Net sales reached ¥0.5 billion (a year-on-year increase of ¥0.1 billion, or 3.0%), and operating loss was ¥1.6 billion (a year-on-year deterioration of ¥0.1 billion), reflecting essential investments for growth, including R&D aimed at creating future businesses.

Assets, liabilities, and net assets at the end of the fiscal year At the end of the current consolidated fiscal year, total assets amounted to ¥445.2 billion, an increase of ¥34.2 billion from the end of the previous consolidated fiscal year.
Equity increased by ¥34.7 billion from the end of the previous consolidated fiscal year to ¥180.3 billion, mainly reflecting profit attributable to owners of parent of ¥21.5 billion and an increase of ¥17.1 billion in accumulated other comprehensive income, despite the payment of ¥3.9 billion in ordinary dividends. As a result, the equity ratio was 40.5%.
In terms of assets, notes and accounts receivable-trade and contract assets increased by ¥18.0 billion, while retirement benefit assets increased by ¥12.7 billion.
In terms of liabilities, borrowings decreased by ¥4.2 billion from ¥98.2 billion at the end of the previous consolidated fiscal year to ¥94.0 billion.

Net cash provided through operating activities amounted to ¥20.6 billion (compared with ¥39.3 billion in the previous fiscal year), mainly due to the recording of profit before income taxes.
Net cash used in investing activities came to ¥10.3 billion (compared with ¥19.6 billion in the previous fiscal year), mainly because of purchases of fixed assets.
As a result, free cash flow (operating cash flow plus investing cash flow) amounted to an inflow of ¥10.3 billion (compared with ¥19.7 billion in the previous fiscal year).
Net cash used by financing activities was ¥11.9 billion (compared with ¥17.9 billion in the previous fiscal year), mainly due to repayments of borrowings and lease liabilities.
Owing to these factors, the balance of cash and cash equivalents at the end of the fiscal year ended March 31, 2026 amounted to ¥35.8 billion, down from ¥36.2 billion at the end of the previous fiscal year.