OKI Announces Financial Results for the Fiscal Year Ended March 31, 2020

TOKYO – May 13, 2020 – Oki Electric Industry Co., Ltd. today announced its financial results for the fiscal year ended March 31, 2020 and projections for the fiscal year ending March 31, 2021.

oki FY 2020 financials

According to its earnings presentation, net sales and profits were as expected, with substantially higher sales and profits than the previous fiscal year. The year-end dividend will be 50 yen per share, as planned.

Projections for the Fiscal Year Ending March 31, 2020:

The outlook for fiscal year ending March 31, 2020, has not been determined because it is difficult to reasonably estimate the impact of COVID-19 at this time. In the future, when it becomes possible to disclose earnings forecasts, we will promptly announce them.

See the full report and supporting materials at OKI’s Investor Relations page.

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