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OKI Announces Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2021

TOKYO, July 30, 2020 -- Oki Electric Industry Co., Ltd. (TOKYO:6703) today announced its financial results for the first quarter (from April 1, 2020 to June 30, 2020) of the fiscal year ending March 31, 2021.

Summary of the Consolidated Financial Results

  Q1
FY2021/3
Q1
FY2020/3
Changes <Projections>
Full year
FY2021/3
<Results>
FY2020/3
Amount Ratio
  Billion yen Billion yen Billion yen % Billion yen Billion yen
Net sales 81.4 107.6 -26.2 -24.4 405.0 457.2
Operating income -1.1 1.1 -2.2 8.5 16.8
Ordinary income -2.1 0.1 -2.2 13.8
Profit attributable to owners of parent -3.3 -0.4 -2.9 14.1
  Yen Yen Yen % Yen Yen
Net income per share -38.43 -4.27 -34.16 162.80
Diluted net income per share 162.51
  Billion yen Billion yen Billion yen % Billion yen Billion yen
Total assets 351.3 355.8 -4.5 -1.3 372.5
Net assets 98.7 90.5 8.2 9.1 106.4
  % % %   % %
Shareholders' equity ratio 28.0 25.4 2.6   28.5
  Billion yen Billion yen Billion yen % Billion yen Billion yen
Cash flows from operating activities 16.0 11.2 4.8 42.6 32.5
Cash flows from investing activities -3.5 0.7 -4.2 -3.0
Free cash flows 12.5 11.9 0.6 -4.2 29.5
Cash flows from financing activities -6.8 -4.9 -1.9 -9.2

  • *Amounts are rounded to the nearest hundred million.
  • *The outlook for fiscal year ending March 31, 2021 has been undecided because it is difficult to reasonably estimate the impact of COVID-19, but we have made the forecast based on currently available information and forecasts, and have made it public.
  • *The projections and plans in this document are subject to change depending upon the changes of business environments and other conditions.
  • The names of companies and products mentioned in this document are the trademarks or registered trademarks of the respective companies and organizations.
Press Contact:
Public Relations Division
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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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