OKI releases latest financial results

OKI releases latest financial results

The company has announced its latest financial results for the fiscal year that ended 31 March 2022. For the period, OKI saw net sales of ¥352.1 billion ($2.74 billion/ €2.63 billion), a year-on-year decrease of ¥40.8 billion ($317 million/ €305 million). For the...
EU Voluntary Agreement – EuroVAprint disappointed

EU Voluntary Agreement – EuroVAprint disappointed

EuroVAprint, the European OEM Association is disappointed at the European Commission’s decision not to endorse a revised Voluntary Agreement (VA) on Imaging Equipment. Imaging equipment manufacturers are disappointed at EU’s decision not to endorse the revised...
Oki impacted by material procurement issues

Oki impacted by material procurement issues

In the nine months period Oki reported decreased net sales but operating profit improved year-on-year (YoY). Oki Electric Industry Co., Ltd for the first nine months period of fiscal year 2022/23, ending 31 March 2022, reported net sales of ¥246.4 billion ($2.14...
OKI announces change in presidency

OKI announces change in presidency

OKI announced that, at its meeting held on 1 February 2022, the OKI Board of Directors decided on a change in the presidency of the company. Under its Medium-Term Business Plan 2022, OKI has positioned the three-year period from FY2020 through FY2022 as a time for...