Investor Relations
IR Announcement
October 29, 2020
To Whom It May Concern
- Company
- Oki Electric Industry Co., Ltd.
- Representative
- Shinya Kamagami
President
Representative Director - Code
- 6703 (First Section, TSE)
- Contact
- Atsushi Yamauchi
General Manager
Investor Relations - TEL
- +81-3-3501-3836
Notice on Full-Year Consolidated Earnings Projections for the Fiscal Year Ending March 31, 2021
OKI announces its full-year consolidated earnings projections for the fiscal year ending March 31, 2021 (April 1, 2020 to March 31, 2021), which was partially undecided in the "Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2021 (J-GAAP) " announced on July 30, 2020.
1. Full-year consolidated earnings projections for the fiscal year ending March 31, 2021 (From April 1, 2020 to March 31, 2021)
| Net sales | Operating income | Ordinary income | Profit attributable to owners of parent | Net income per share | |
|---|---|---|---|---|---|
| million yen | million yen | million yen | million yen | yen | |
| Previous projections (A) | 405,000 | 8,500 | undecied | undecied | undecied |
| Current projections (B) | 405,000 | 8,500 | 8,000 | 1,000 | 11.55 |
| Changes (B-A) | — | — | — | — | — |
| Percent change (%) | — | — | — | — | — |
| Reference: Results for the fiscal year ended March 31, 2020 | 457,223 | 16,829 | 13,804 | 14,086 | 162.80 |
2. Reasons of financial projections
In order to respond to the accelerated environmental changes triggered by the spread of COVID-19, OKI had been reviewing various measures for business structure reform. Therefore, it had not yet decided on part of its earnings projections for the fiscal year ending March 31, 2021. However, OKI has decided to announce its full-year earnings forecast after taking into consideration the recent performance trends and the impact on earnings from the review of various measures.
- *The projections and plans on this document are subject to change depending upon the changes of business environments and other conditions.
