Press Releases

OKI Announces Financial Results for the Fiscal Year Ended March 31, 2023

TOKYO, May 10, 2023 -- OKI (TOKYO:6703) today announced its financial results for the fiscal year ended March 31, 2023 and projections for the fiscal year ending March 31, 2024.

Summary of the Consolidated Financial Results

  FY2023/3 FY2022/3 Changes <Projections>
Full year
FY2024/3
Changes
Amount Ratio Amount Ratio
  Billion yen Billion yen Billion yen % Billion yen Billion yen %
Net sales 369.1 352.1 17.0 4.8 440.0 70.9 19.2
Operating income 2.4 5.9 -3.5 -59.0 11.0 8.6 357.7
Ordinary income -0.3 7.7 -8.0 8.5 8.8
Profit attributable to owners of parent -2.8 2.1 -4.9 4.0 6.8
  Yen Yen Yen % Yen Yen %
Net income per share -32.33 23.85 -56.18 46.18 78.51
Diluted net income per share 23.81  
Dividend per share (Annual) 20.00 30.00 -10.00 -33.3 30.00 10.00 50.0
  Billion yen Billion yen Billion yen % Billion yen Billion yen %
Total assets 390.4 369.2 21.2 5.8
Net assets 99.3 107.6 -8.3 -7.8
  % % %   % %  
Total shareholders' equity ratio 25.4 29.1 -3.7    
  Yen Yen Yen % Yen Yen %
Shareholders' equity per share 1,143.96 1,240.62 -96.66 -7.8
  Billion yen Billion yen Billion yen % Billion yen Billion yen %
Cash flows from operating activities -3.1 5.9 -9.0 28.0 31.1
Cash flows from investing activities -17.6 -17.6 0.0 -24.0 -6.4
Free cash flows -20.7 -11.7 -9.0 4.0 24.7
Cash flows from financing activities 23.3 1.7 21.6

  • * Amounts are rounded to the nearest hundred million.
  • * The projections and plans in this document are subject to change depending upon the changes of business environments and other conditions.

About Oki Electric Industry Co., Ltd. (OKI)

Founded in 1881, OKI is Japan's leading information and telecommunication manufacturer. Headquartered in Tokyo, Japan, OKI provides top-quality products, technologies, and solutions to customers through its Public Solutions, Enterprise Solutions, Component Products, and Electronics Manufacturing Services businesses. 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 https://www.oki.com/.

  • Oki Electric Industry Co., Ltd. is referred to as "OKI" in this document.
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  • * 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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