OKI appoints Item, Inc as master distributor

OKI appoints Item, Inc as master distributor

Oki Electric Industry Co., Ltd (OKI) announced that Item, Inc., located in Woodbridge, Virginia, will serve as the master consumables and spare parts distributor for OKI in the Americas. Item, Inc. is well-established in the Americas with over 40 years’ experience in...
OKI announces executive personnel changes

OKI announces executive personnel changes

OKI announced that the Board of Directors made its recommendation for executive appointments and retirements at its meeting. The recommendations will be submitted for approval at the Ordinary General Meeting of Shareholders to be held in June 2023. Teiji Teramoto has...
Oki net sales increased YoY

Oki net sales increased YoY

The company has posted net sales increases despite supply chain issues for production. Oki posted net sales of ¥256.6 billion ($1.96 billion/ €1.82 billion) for the nine-month period ended 31 December 2022, which is a 10.2% increase year-on-year (YoY). For the...
Oki net sales slightly increased YoY

Oki net sales slightly increased YoY

The company has released its latest financial results, reporting net sales increased year-on-year (YoY). Net sales for the reporting period of the first half year of fiscal year 2023 were ¥162.8 billion ($1.12 billion/ €1.11 billion). Operating income was -¥4 billion...
Oki deals with supply chain issues

Oki deals with supply chain issues

The company has released its first quarter results for the fiscal year ending 31 March 2023. Oki recorded net sales of ¥78.1 billion ($589 million/ €570 million), a slight decrease which the company said was due to a production decline caused by a shortage of...