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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

OKI's business environment continues to undergo significant changes, including labor shortages and aging infrastructure in Japan, environmental issues, technological innovations such as 5G/AI, and paradigm shifts caused by COVID-19 in the global market.

In order to respond to the social challenges brought about by these changes in the business environment, OKI is accelerating innovation through co-creation, restructuring its business portfolio and strengthening its management foundation. With the installed base of devices and a strong customer base that we have built over a long history as the source of value creation, we aim to resolve social issues through both mono-zukuri (manufacturing) in the real world and koto-zukuri (creation of solutions and services) that link such devices to the cloud in real time.

In fiscal 2020, OKI forecasts net sales of ¥405.0 billion (down ¥52.2 billion from the previous fiscal year) and operating income of ¥8.5 billion (down ¥8.3 billion from the previous fiscal year). In addition to a reactionary decline from large-scale projects in the previous fiscal year, we expect a certain degree of negative impact from COVID-19.

The forecasts for ordinary income and net income attributable to owners of the parent have not been decided yet because a drastic business structure reform plan is currently being prepared. Therefore, the dividend forecast has not been decided yet.

In the future, when it becomes possible to disclose these forecasts, we will promptly announce them.

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.

S. Kamagami

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