OKI Rolls On with Strong Financial Results for its Latest Fiscal Year
May 12, 2015 – Oki Electric Industry of Japan recently reported results for its fiscal year ended March 31, 2015, with net sales up 8.2 percent to 258.3 billion yen, and net income up 100.8 percent to 24.2 billion both, both versus the previous fiscal year ended March 31, 2014.
Oki reports that in fiscal year 2015 it enjoyed marked sales and operating-income increases in all of its business groups. For its Printers group, net sales for the year were 129.3 billion yen, versus 124.8 billion yen for the previous year, and operating income was 6.7 billion yen, versus 5.1 billion yen for the previous fiscal year.
While sales of color LED-based printers were flat versus the previous fiscal year, sales of monochrome LED-based printers were up, as “big orders” were acquired. Sales of dot-matrix printers were flat. Operating income for the printer group was up by 1.6 billion yen year-over-year, due, OKI says, to revamping its business structure, and an improved product mix. For its current fiscal year, Oki says it will seek to boost Printer group sales by providing new products and strengthening its sales-channel support.
Fiscal Year 2016
For its current fiscal year that will March 31, 2016, Oki is forecasting total sales of 545.5 billion yen and net income of 22 billion yen.
- April 2015: NEW ‘SMART’ A4 MFPS FROM OKI, MB700+ AND MC700+, WITH LATEST SMART EXTENDABLE PLATFORM, OPTIONAL CLOUD CONNECTIVITY
- April 2015: OKI ROLLS OUT NEW ‘SMART’ A3 COLOR MC873 MFP SERIES WITH LATEST SMART EXTENDABLE PLATFORM
- February 2015: OKI NET SALES AND INCOME UP FOR NINE-MONTH PERIOD AND THIRD QUARTER
- November 2014: OKI REPORTS FAVORABLE SALES GROWTH FOR ITS PRINTER BUSINESS, RAISES FORECAST FOR ITS FULL YEAR
- October 2014: CATCHING UP WITH OKI DATA AMERICAS: A4 AND MORE BRINGING SUCCESS
- September 2014: OKI RAISES FORECAST FOR FISCAL HALF YEAR DUE TO IMPROVING PRINTER BUSINESS
- September 2014: OKI DATA MULTIFUNCTIONALS NOW OFFER BUSINESS SOLUTIONS FROM MORE THAN 30 PARTNERS
- July 2014: OKI PRINTER AND MFP BUSINESS ENJOYS ‘DRASTIC IMPROVEMENT’ IN LATEST QUARTER
- June 2014: OKI: NEW ‘EXECUTIVE SERIES’ A3 COLOR MULTIFUNCTIONALS FOR BTA DESIGNED TO BEAT COMPETITION
- May 2014: STRONG YEAR FOR OKI; SALES OF COPIER/MULTIFUNCTIONALS UP