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Press Releases
OKI Announces Financial Results for the Fiscal Year Ended March 31, 2024
TOKYO, May 9, 2024 -- OKI (TOKYO:6703) today announced its financial results for the fiscal year ended March 31, 2024 and projections for the fiscal year ending March 31, 2025.
Summary of the Consolidated Financial Results
| FY2024/3 | FY2023/3 | Changes | <Projections> Full year FY2025/3 |
Changes | |||
|---|---|---|---|---|---|---|---|
| Amount | Ratio | Amount | Ratio | ||||
| Billion yen | Billion yen | Billion yen | % | Billion yen | Billion yen | % | |
| Net sales | 421.9 | 369.1 | 52.8 | 14.3 | 460.0 | 38.1 | 9.0 |
| Operating income | 18.7 | 2.4 | 16.3 | 677.8 | 16.0 | -2.7 | -14.4 |
| Ordinary income | 18.3 | -0.3 | 18.6 | — | 14.5 | -3.8 | -20.7 |
| Profit attributable to owners of parent | 25.6 | -2.8 | 28.4 | — | 9.5 | -16.1 | -63.0 |
| Yen | Yen | Yen | % | Yen | Yen | % | |
| Net income per share | 295.93 | -32.33 | 328.26 | — | 109.61 | -186.32 | -63.0 |
| Diluted net income per share | 295.61 | — | — | — | — | — | — |
| Dividend per share (Annual) | 30.00 | 20.00 | 10.00 | 50.0 | 30.00 | 0.00 | — |
| Billion yen | Billion yen | Billion yen | % | Billion yen | Billion yen | % | |
| Total assets | 423.4 | 390.4 | 33.0 | 8.4 | — | — | — |
| Net assets | 141.3 | 99.3 | 42.0 | 42.3 | — | — | — |
| % | % | % | % | % | |||
| Total shareholders' equity ratio | 33.3 | 25.4 | 7.9 | — | — | ||
| Yen | Yen | Yen | % | Yen | Yen | % | |
| Shareholders' equity per share | 1,628.78 | 1,143.96 | 484.82 | 42.4 | — | — | — |
| Billion yen | Billion yen | Billion yen | % | Billion yen | Billion yen | % | |
| Cash flows from operating activities | 24.7 | -3.1 | 27.8 | — | 28.0 | 3.3 | 13.4 |
| Cash flows from investing activities | -14.3 | -17.6 | 3.3 | — | -19.0 | -4.7 | — |
| Free cash flows | 10.4 | -20.7 | 31.1 | — | 9.0 | -1.4 | -13.5 |
| Cash flows from financing activities | -15.7 | 23.3 | -39.0 | — | — | — | — |
- * Amounts are rounded to the nearest hundred million.
- * 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 Public Solutions, Enterprise Solutions, Component Products, and Electronics Manufacturing Services businesses. 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 https://www.oki.com/.
- 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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