Oki 2014 Annual Report Download - page 15

Download and view the complete annual report

Please find page 15 of the 2014 Oki annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 54

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54

13
Annual Report 2014
OKI Brasil commenced operations in January 2014, established
through a business acquisition from Brazil’s second-largest
ATM and cash dispensers (CD) vendor. We are expanding our
ATM business from our foothold in Brazil across Central and
South America.
We delivered our cash-recycling ATMs, “ATM-Recycler G7,” to
State Bank of India, the largest bank in India. Home to Asia’s third-
largest base of ATMs and CDs in operation, India is a promising
market with prospects for rapid growth.
ATM Business Company, OKI Brasil, Starts Operations Entry into Indian ATM market
MECHATRONICS SYSTEMS
Capitalizing on its core strength in mechatronics technologies, OKI offers
ATMs and cash handling equipment, as well as ticket reservations and issuing
terminals, check-in terminals, and other equipment for fi nancial institutions
and the travel and transportation industry.
The mechatronics systems business provides products built
around OKI’s core mechatronics technologies. The busi-
ness supplies ATMs, other cash handling equipment, and
bank branch terminals for the fi nancial industry and for the
travel and transportation industries ticket reservations and
issuing terminals and automated check-in machines.
OKI is a leader in ATMs, with a leading share in the
domestic market. In China, as well, we are solidifying our
position as a top vendor of cash recycling ATMs. In Japan,
our strategy for the future is to capture ATM replacement
demand from fi nancial institutions and retail stores, as
well as to actively continue selling of the “ATM-Recycler
G7”, a cash recycling ATM that can handle banknotes in
multiple currencies in overseas markets. In addition to the
China market, which we expect to continue steadily grow-
ing, we have made fully-fl edged entry into Brazil, where we
established OKI Brasil in January 2014. We will also accel-
erate business development of new markets with growth
potential such as Russia, Indonesia, and India, and strive to
expand our market shares in each of these regions.
The “RG7 Currency Exchanger”, a currency exchange
machine capable of recycling deposits and withdrawals
in multiple currencies from a single unit, helps enhance
effi ciency in foreign currency exchange operations for cus-
tomers such as foreign exchange fi rms and travel agencies,
and improve customer convenience. The “RG7 Currency
Exchanger” is in use at Japan’s Narita International Airport
and Tokyo International Airport, Haneda, and we are working
to extend adoption further both at home and overseas.
In cash handling equipment, we have a wide lineup of
products that includes integrated cash management systems,
recycling withdrawal/deposit machines, and coin and banknote
change machines. We are deploying these products tailored to
the requirements of our customers in the fi nancial, retail, and
other sectors. We have also developed new products for the
Chinese market with the aim of expanding sales in this market,
which we have developed with our ATM business.
We will strive to become a top global mechatronics
manufacturer by offering products that match the needs of
customers in Japan and overseas.