Oki net sales slightly increased YoY

Oki net sales slightly increased YoY

The company has released its latest financial results, reporting net sales increased year-on-year (YoY). Net sales for the reporting period of the first half year of fiscal year 2023 were ¥162.8 billion ($1.12 billion/ €1.11 billion). Operating income was -¥4 billion...
Oki deals with supply chain issues

Oki deals with supply chain issues

The company has released its first quarter results for the fiscal year ending 31 March 2023. Oki recorded net sales of ¥78.1 billion ($589 million/ €570 million), a slight decrease which the company said was due to a production decline caused by a shortage of...
Oki deals with supply chain issues

OKI releases latest financial results

The company has announced its latest financial results for the fiscal year that ended 31 March 2022. For the period, OKI saw net sales of ¥352.1 billion ($2.74 billion/ €2.63 billion), a year-on-year decrease of ¥40.8 billion ($317 million/ €305 million). For the...
EU Voluntary Agreement – EuroVAprint disappointed

EU Voluntary Agreement – EuroVAprint disappointed

EuroVAprint, the European OEM Association is disappointed at the European Commission’s decision not to endorse a revised Voluntary Agreement (VA) on Imaging Equipment. Imaging equipment manufacturers are disappointed at EU’s decision not to endorse the revised...
Oki impacted by material procurement issues

Oki impacted by material procurement issues

In the nine months period Oki reported decreased net sales but operating profit improved year-on-year (YoY). Oki Electric Industry Co., Ltd for the first nine months period of fiscal year 2022/23, ending 31 March 2022, reported net sales of ¥246.4 billion ($2.14...