Press Releases

OKI Announces Consolidated Financial Results for the First Nine Months of the Fiscal Year Ending March 31, 2023

TOKYO, February 9, 2023 -- OKI (TOKYO:6703) today announced its financial results for the first nine month (from April 1, 2022 to December 31, 2022) of the fiscal year ending March 31, 2023.

Summary of the Consolidated Financial Results

  9 months
9 months
Changes <Projections>
Full year
Amount Ratio
  Billion yen Billion yen Billion yen % Billion yen Billion yen
Net sales 256.6 246.4 10.2 4.1 372.0 352.1
Operating income -4.8 -0.1 -4.7 3.0 5.9
Ordinary income -7.9 0.1 -8.0 0.5 7.7
Profit attributable to owners of parent -11.6 -6.2 -5.4 -3.0 2.1
  yen yen yen % yen yen
Net income per share -133.42 -71.89 -61.53 -34.63 23.85
Diluted net income per share 23.81
  Billion yen Billion yen Billion yen %    
Total assets 381.6 360.8 20.8 5.8    
Net assets 93.4 101.2 -7.8 -7.7    
  % % %      
Shareholders' equity ratio 24.4 28.0 -3.6      
  Billion yen Billion yen Billion yen %    
Cash flows from operating activities -14.4 -0.3 -14.1    
Cash flows from investing activities -13.6 -15.1 1.5    
Free cash flows -28.0 -15.4 -12.6    
Cash flows from financing activities 26.2 3.5 22.7    

  • * Amounts are rounded to the nearest hundred million.
  • * Effective in the fourth quarter of the fiscal year ended March 31, 2022, the accounting policy was changed at overseas subsidiaries where the International Financial Reporting Standards (IFRS) are applied, based on the "Configuration or Customization Costs in a Cloud Computing Arrangement (IAS No.38)", an agenda decision by the IFRS Interpretations Committee (IFRIC) that was announced in April 2021. Accordingly, the values for the fiscal year ended March 31, 2022 were corrected retroactively by reflecting.
  • * The full-year consolidated earnings forecast for the fiscal year ending March 31, 2023 has been revised from the figures announced on May 11, 2022.
  • * 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 Solution Systems business and Components & Platforms business. 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

  • 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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