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OKI Reports Fiscal 2015 Net Sales Up 11.8% YoY

Published: 15 May 2015
 by Chelsey Drysdale

TOKYO – OKI Electric Industry reported net sales for fiscal 2015 ended Mar. 31 of 540 billion yen (US$4.53 billion), up 11.8% year-over-year.

Net income for the year was 33.1 billion yen, up 20.9% compared to fiscal 2014.

Operating income was 32.4 billion yen, up 19.2% year-over-year.

The firm projects fiscal 2016 net sales of 545 billion yen.

OKI Electric Industry makes printed circuit boards, primarily for the telecom industry.

Ed.: 1 yen = US$0.0084

 

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