Oki 2009 Annual Report Download - page 8

6Annual Report 2009
Financial Highlights
Oki Electric Industry Co., Ltd. and consolidated subsidiaries
Years ended March 31
Forward-looking Statements
This annual report contains forward-looking statements concerning the OKI Group’s future plans, financial targets, technologies, products, services
and performance. These forward-looking statements represent assumptions and beliefs based on data and calculation methods currently available to
OKI as of the date of publication, and therefore OKI does not guarantee the accuracy of statements are subject to changes attributable to business
risks and uncertainties, which may affect OKI’s performance and consequently cause actual results to differ from our forecasts.
The World Works with OKI
ATM 2
Unified Communication Products 3
DSRC Technology 4
LED Printer 5
Financial Highlights........................................................... 6
To Our Stakeholders ......................................................... 8
Initiatives to Revamp OKI’s Business Structure................... 10
Info-Telecom Systems Segment
Financial Business 12
Telecom Business 13
Information System Business 14
Printers Segment
Printer Business 15
Research and Development .............................................. 16
Corporate Governance ..................................................... 18
Corporate Social Responsibility (CSR) ................................ 19
Management.................................................................... 20
Financial Section............................................................... 21
Company Profile............................................................... 48
Investor Information ......................................................... 49
ꔴContents
Thousands of
U.S. dollars
Millions of yen (Note 1)
2005 2006 2007 2008 2009 2009
For the year:
Net sales ¥688,542 ¥680,526 ¥718,767 ¥719,677 ¥545,680 $5,568,163
Operating income (loss) 27,220 10,593 (5,410) 6,200 410 4,183
Net income (loss) 11,174 5,058 (36,446) 567 (45,011) (459,295)
Net cash provided by operating activities ¥ 59,323 ¥ 14,965 ¥ 16,105 ¥ 42,543 ¥ 18,941 $193,275
Net cash used in investing activities (41,514) (28,555) (34,900) (22,876) 57,457 586,295
Free cash flow 17,809 (13,590) (18,795) 19,667 76,398 779,571
At the year end: (Note 2)
Total assets ¥607,237 ¥618,655 ¥628,398 ¥570,819 ¥396,963 $4,050,642
Interest bearing debt 265,155 268,307 284,839 267,381 203,766 2,079,244
Shareholders’ equity 124,827 133,887 109,402 94,640 51,656 527,102
U.S. dollars
Yen (Note 1)
Per share amounts:
Net income (loss) per share ¥ 18.27 ¥ 8.27 ¥ (56.27) ¥ 0.83 ¥ (65.90) $ (0.67)
Cash dividends per share 3.00 3.00 — — ——
Number of employees 20,410 21,175 21,380 22,640 17,415
Ratios (%): (Note 2)
Return on equity 9.5% 3.9% (30.0)% 0.6% (61.5)%
Shareholders’ equity 20.4 21.6 17.4 16.6 13.0
Notes 1: The U.S. dollar amounts in this annual report are translated from yen, for convenience only, at ¥98 = US$1.00, the approximate exchange rate prevailing on
March 31, 2009.
2: Effective the year ended March 31, 2007, the Company adopted an accounting standard for the presentation of net assets in the balance sheet and the related
implementation guidance. In this connection, the five-year summary has been restated to conform to the presentation and disclosure of the consolidated financial
statements for the year ended March 31, 2007.