TOKYO, Oct. 28, 2004 (PRIMEZONE) -- Oki Electric Industry Co., Ltd. (Tokyo Stock Exchange:6703) today announced its summary of financial results for the first half (from April 1, 2004 to Sept. 30, 2004) of the fiscal year ending March 31, 2005 and the full year projections.
Summary of the Consolidated Financial Results
1st half 1st half Changes Full year Full year
of FY of FY --------------- of FY of FY
ending ended Amount Ratio ending ended
Mar. 31, Mar. 31, Mar. 31, Mar. 31,
05 04 05 04
(projections)
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Billion Billion Billion % Billion Billion
yen yen yen yen yen
Net sales 319.7 281.3 38.4 13.6 710.0 654.2
Operating
income
(loss) 1.5 (3.9) 5.4 -- 29.0 21.6
Recurring
income
(loss) (0.6) (8.2) 7.6 -- 21.0 12.5
Income
(loss)
before
taxes (4.7) (14.7) 10.0 -- 16.0 2.3
Net income
(loss) (2.9) (10.5) 7.6 -- 10.0 1.3
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Yen Yen Yen % Yen Yen
Net income
(loss) per
share (4.82) (17.21) 12.39 -- 16.33 2.17
Diluted net
income per
share -- -- -- -- 16.33 2.17
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Billion Billion Billion % Billion Billion
yen yen yen yen yen
Total
assets 584.6 609.0 (24.4) (4.0) -- 609.6
Total
shareholders'
equity 107.9 94.7 13.2 14.0 -- 110.5
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% % %
Total
shareholders'
equity
ratio 18.5 15.5 3.0 -- -- 18.1
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Yen Yen Yen % Yen Yen
Shareholders'
equity
per share 176.43 154.75 21.68 14.0 -- 180.66
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Billion Billion Billion % Billion Billion
yen yen yen yen yen
Net cash
provided by
(used in)
operating
activities 30.8 27.1 3.7 14.0 65.0 92.3
Net cash
(used in)
provided
by investing
activities (28.5) (10.4) (18.1) -- (45.0) (19.2)
Net cash
used in
financing
activities (15.7) (9.3) (6.4) -- (25.0) (43.6)
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-- Amounts are rounded to the nearest hundred million.
-- The projections and plans on this material are subject to change
depending upon the changes of business environments and other
conditions.