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Location: Home > About OKI > Investor Relations > Corporate Information > Message from the President


Investor Relations

Corporate Information Message from the President Corporate Information Message from the President


Shinya Kamagami
President

In the first half of FY2018, the OKI Group recorded net sales of 193.6 billion yen, a 0.4 billion yen decrease year-on-year, almost the same level as the previous first half. The increased sales from OKI Electric Cable, newly consolidated upon the takeover bid by EMS business in the previous year, covered the decreased sales in the Mechatronics Systems business. Operating income was 0.8 billion yen, a 4.9 billion yen improvement year-on-year due to the reduction of fixed costs upon the business structural reforms and effects of yen depreciation in the Printers business, besides the improved profitability in ICT business with the different sales mix from the previous first half.

Ordinary loss came to 0.8 billion yen, a 2.5 billion yen improvement, upon the improved operating income though the foreign exchange losses of 1.5 billion yen in non-operating expenses were recorded. Loss attributable to owners of parent was 2.6 billion yen, a 2.0 billion yen improvement year-on-year.

Full-year projections for FY2018 remain unchanged from the original announcement. Going forward, OKI will implement prompt disclosure when the big difference from the original plan happens to occur as taking the future business circumstances in consideration, such as currency exchange fluctuations, market trends and etc.

In terms of dividend, OKI plans to pay a year-end dividend of 50 yen per share for FY2018 as previously announced. OKI is striving to accomplish for generating stable and sustainable profits to our stakeholders as the highest priority.

The performance up until first half of FY2018 is steady and above the original plan. Moving forward, the OKI Group will continue to implement measures announced at the beginning of the current term and aims to steadily achieve its targets for this fiscal year. Moreover, for future growth, we will put efforts on creating new businesses.

We are grateful for the continuing support and cooperation of all our shareholders and investors. I ask for your continued and steadfast support as we move forward.

October 31, 2018

S. Kamagami

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