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oki electric industry co ltd (6703) Snapshot

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oki electric industry co ltd (6703) Details

Oki Electric Industry Co., Ltd. manufactures and sells products, technologies, software, and solutions for telecommunications and information systems in Japan and internationally. It operates through Info-Telecom Systems, Printers, and EMS segments. The company offers flight control and ITS related systems; firefighting related and disaster prevention administrative radio systems for municipalities; self-defense related systems; communications equipment for telecom carriers; bank branch systems and centered-administration systems for financial institutions; ticket reservations and issuing systems; IP-PBX/business telephones, contact centers, etc.; and wireless multi-hop communication systems. It also provides mechatronics systems, including automated teller machines (ATMs), cash handling equipment, bank branch terminals, ticket reservations and issuing terminals, check-in terminals, currency exchange machines, and ATM monitoring and operations services; and printers, such as color and monochrome LED printers, color and monochrome LED multi-function printers, dot-impact printers, and wide format inkjet printers. In addition, the company offers electronic manufacturing services (EMS), such as design and manufacture services for communications and medical equipment, and industrial and measuring instruments, as well as broadcasting, electricity, and traffic-related products. Further, it provides electronic components, power devices, precision compact motors, and reliability testing and environmental conservation related services. Oki Electric Industry Co., Ltd. was founded in 1881 and is headquartered in Tokyo, Japan.

20,190 Employees
Last Reported Date: 06/24/16
Founded in 1881

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oki electric industry co ltd
Japan Fair Trade Commission Fines Fujitsu General Ltd. and Three Other Companies

Japan's Fair Trade Commission fined Fujitsu General Ltd. and three other companies a total of JPY 6,344.9 million for rigging bids on fire radio equipment ordered by municipalities across the country. The FTC's investigation also found that municipalities placed orders in specification forms that only some companies could handle and that they let some businesses join the processes of deciding how to order. The practices were not ruled clearly illegal. Seeing the cases as problematic, however, the FTC will request in writing municipalities across the country to take necessary measures. A fine of JPY 4.8 billion was imposed on Fujitsu General, JPY 1,155.17 million on NEC Corp., JPY 243.81 million on Oki Electric Industry Co. and JPY 145.92 million on Japan Radio Co.

Oki Electric Industry Co., Ltd. Announces Consolidated Financial Results for the First Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Full Year Ended March 31, 2017

Oki Electric Industry Co., Ltd. announced consolidated financial results for the first nine months ended December 31, 2016. For the nine months, the company reported net sales of JPY 304.9 billion against JPY 337.6 billion a year ago. Operating income was JPY 0.4 billion against JPY 7.5 billion a year ago. Ordinary loss was JPY 4.3 billion against ordinary income of JPY 3.8 billion a year ago. Loss attributable to owners of parent was JPY 12.0 billion against JPY 1.8 billion a year ago. Net loss per share was JPY 138.05 against JPY 20.58 a year ago. Cash inflows from operating activities was JPY 31.9 billion against cash outflows from operating activities of JPY 0.2 billion a year ago. For the full year ended March 31, 2017, the company expects to report net sales of JPY 465.0 billion, operating income of JPY 15.0 billion, ordinary income of JPY 6.0 billion, profit attributable to owners of the parent of JPY 3.0 billion, net income per share of JPY 34.55, and cash inflows from operating activities of JPY 30.0 billion.

Oki Electric Industry Co., Ltd., Q3 2017 Earnings Call, Feb 02, 2017

Oki Electric Industry Co., Ltd., Q3 2017 Earnings Call, Feb 02, 2017


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