Oki Electric Industry Company, Limited
Key facts
Oki Electric Industry Company, Limited7-12, Toranomon 1-chome, Minato-ku, Tokyo, 105-8460, JPNFax: 81 3 3581 5522http://www.oki.com Tokyo ticker: 6703
No. employees: 21380
Turnover: 718,767,000,000 (JPY)
Financial year end: March
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Company overview
OKI Electric Industry Company (OKI) is engaged in the manufacture of information processing systems, telecommunications equipment and electronic devices. The company has operations in Japan, North America and Europe. It is headquartered in Tokyo, Japan and employs 21,380 people.
The company recorded revenues of JPY718,767 million (approximately $6,152.6 million) during the fiscal year ended March 2007, an increase of 5.6% over 2006. The revenues grew due to an increase in sales of financial system business owing to a recovery of investment by financial institutions, and a growth in sales of color non-impact printers (NIPs), driven by market expansion. The operating loss of the company was JPY5,409 million (approximately $46.3 million) during fiscal year 2007, compared to the operating profit of JPY10,594 million (approximately $91 million) in 2006. The net loss was JPY36,442 million (approximately $311.9 million) in fiscal year 2007, compared to the net profit of JPY5,059 million (approximately $43 million) in 2006.
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