Electronic Technology

Oki Electric Industry Co., Ltd.

Business Summary

Oki Electric Industry Co., Ltd. engages in the manufacture and sale of information & communication equipment, printers, and mechatronic systems. It operates through the following segments: Information & Communications Technology (ICT), Mechatronic Systems, Printers, Electronics Manufacturing Service (EMS), and Others. The ICT segment covers transportation infrastructure, disaster prevention, defense, communication equipment, ticket reservation, business phones, contact centers, and multi-hop wireless systems. The Mechatronic Systems segment handles automated teller machines (ATMs), cash processing machines, sales, ticket, and check-in terminals, foreign currency changer, and ATM monitoring services. The Printers segment deals with color & monochromatic light-emitting diode printers, and multi-functional printers; as well as large-sized inkjet and dot impact printers. The EMS segment offers printed circuit boards, and electronic design; as well as production outsourcing services. The Others segment includes the manufacture and sale of other equipment and products. The company was founded by Kibataro Oki in January 1881 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	369,096M	2,723.60M
Gross Profit	86,193M	636.02M
Operating income	2,404M	17.73M
Income before tax	-328M	-2.42M
Net income	-2,800M	-20.66M
EBITDA	14,726M	108.66M
Diluted EPS	-32.32	-0.23
Dividends Per Share	20	0.14
Total Assets	390,425M	2,933.54M
Total liabilities	291,145M	2,187.57M
Total equity	99,210M	745.43M
Operating cash flow	-3,148M	-23.22M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	441,452M	457,223M	392,868M	352,064M	369,096M
Gross Profit	118,828M	117,808M	99,424M	90,116M	86,193M
Operating income	17,523M	16,830M	8,896M	5,864M	2,404M
Income before tax	11,018M	19,651M	3,326M	4,173M	-328M
Net income	8,405M	14,087M	-819M	2,066M	-2,800M
EBITDA	29,890M	29,404M	21,694M	18,466M	14,726M
Diluted EPS	97.02	162.49	-9.46	23.79	-32.32
Dividends Per Share	50	50	20	30	20
Total Assets	365,503M	372,471M	371,546M	369,170M	390,425M
Total liabilities	265,300M	266,027M	259,945M	261,532M	291,145M
Total equity	100,074M	106,376M	111,524M	107,575M	99,210M
Operating cash flow	6,364M	32,547M	17,398M	5,921M	-3,148M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	3,980.82M	4,205.28M	3,704.29M	3,133.00M	2,723.60M
Gross Profit	1,071.53M	1,083.53M	937.45M	801.93M	636.02M
Operating income	158.01M	154.79M	83.87M	52.18M	17.73M
Income before tax	99.35M	180.73M	31.36M	37.13M	-2.42M
Net income	75.79M	129.56M	-7.72M	18.38M	-20.66M
EBITDA	269.53M	270.44M	204.54M	164.32M	108.66M
Diluted EPS	0.87	1.49	-0.08	0.21	-0.23
Dividends Per Share	0.45	0.45	0.18	0.26	0.14
Total Assets	3,302.19M	3,450.24M	3,362.40M	3,041.56M	2,933.54M
Total liabilities	2,396.89M	2,464.23M	2,352.44M	2,154.74M	2,187.57M
Total equity	904.13M	985.37M	1,009.26M	886.30M	745.43M
Operating cash flow	57.38M	299.34M	164.04M	52.69M	-23.22M

Valuation Measures

Mar 2023
PER	--
ROA	-0.73%
ROE	-2.70%
Operating margin	0.65%
Profit margin	-0.75%

Key executives

Executive Chairman & Chief Executive Officer: Shinya Kamagami
Executive President, COO & Representative Director: Takahiro Mori
CFO, Director & Chief Human Resources Officer: Masayuki Hoshi
Director, Chief Information Officer & GM-Corporate: Masashi Fuse
Chief Technology & Innovation Officer: Yuhiko Fujiwara

Shareholders

Nikko Asset Management Co., Ltd. (4.7%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.4%)
Dimensional Fund Advisors LP (3.3%)
Nomura Asset Management Co., Ltd. (3.1%)
The Vanguard Group, Inc. (2.6%)
OKI Electric Industry Employee Stock Ownership Plan (2.4%)
Mizuho Financial Group, Inc. (2.0%)
BlackRock Fund Advisors (1.9%)
Meiji Yasuda Life Insurance Co. (1.6%)
BlackRock Japan Co., Ltd. (1.4%)

Contact Details

Website:http://www.oki.com/jp/
Address: Toranomon First Garden, 1-7-12 Toranomon, Tokyo, 105-8460, Japan
Phone: +81.3.3501.3111

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Competitors

Diebold Nixdorf Incorporated

Last Updated on 9 Jun, 2023