Download PDF
Market: Tokyo Symbol: 6703 ISIN: JP3194000000 Industry: Electric Appliances

OKI was founded in 1881 as Japan's first communication equipment manufacturer and succeeded in developing the first telephone in Japan. We inherit our "enterprising spirit" since its founding, and currently operate two businesses of Solution Systems and Components & Platforms. With the installed base of devices and a strong customer base that we have built over a long history as the source of value creation, OKI aims to resolve social issues through both mono-zukuri (manufacturing) in the real world and koto-zukuri (creation of solutions and services) that link such devices to the cloud in real time.

Share Data 30/11/2023
Currency JPY Volume 382,300
Previous Close 956 Number of Shares (mil) 87.22
Change (%) 0.42 Market Cap (mil) 83,380.03
Key figures (Millions of Yen) 2021/3 2022/3 2023/3
Net sales 392,868 352,064 369,096
Operating income 9,509 5,864 2,403
Profit attributable to owners of parent -205 2,065 -2,800
Cash flows from operating activities 18,073 5,921 -3,148
Cash flows from investing activities -14,459 -17,597 -17,623
Free cash flows 3,614 -11,676 -20,772
Cash flows from financing activities -8,852 1,680 23,275
Cash and cash equivalents at end of the year 41,830 33,379 37,498
Acquisitions of property,
plant and equipment (Billions of Yen)
16.3 22.3 18.7
Depreciation (Billions of Yen) 11.8 11.5 11.3
R&D Expenses (Billions of Yen) 11.2 11.5 9.6
Total assets 373,213 369,170 390,425
Shareholders' equity 113,023 107,437 99,088
Interest-bearing debt 77,971 87,175 117,982
Return on assets (%) -0.1 0.6 -0.7
Return on equity (%) -0.2 1.9 -2.7
Shareholders' equity ratio (%) 30.3 29.1 25.4
Debt/equity ratio (Times) 0.7 0.8 1.2
Net income per share (Yen) -2.38 23.85 -32.33
Net assets per share (Yen) 1,305.67 1,240.62 1,143.96
Cash dividends per share (Yen) 20.00 30.00 20.00
Number of employees 15,639 14,850 14,452

 

Major Shareholders
(As of March 31, 2023)
Number of Shares Held (shares) Percentage of Shares Held (%)
The Master Trust Bank of Japan, Ltd. (trust account) 12,883,900 14.87
Custody Bank of Japan, Ltd. (trust account) 4,135,900 4.77
Oki Denki Group Employees’ Shareholdings Committee 2,199,461 2.54
Custody Bank of Japan, Ltd. (trust account 4) 1,766,300 2.04
Mizuho Bank, Ltd. 1,419,648 1.64
Meiji Yasuda Life Insurance Company 1,400,097 1.62
DFA INTL Small Cap Value Portfolio 1,275,760 1.47
State Street Bank West Client-Treaty 505234 1,185,593 1.37
JP Morgan Chase Bank 385781 1,079,483 1.25
State Street Bank and Trust Company 505227 983,900 1.14

Note: The shareholding ratio is calculated after excluding 598,803 shares of treasury stock.