#OkiElectricIndustry

Oki Electric Industry Co., Ltd. has revised its year-end dividend forecast for the fiscal year ending March 2026 from 50 yen per share to 65 yen, raising the total annual dividend to 130 yen.

In response to reports by Nikkei Inc., Oki Electric Industry Co., Ltd. denies any current resolution by the Board of Directors or decision to amend the Articles of Incorporation regarding a company name change, and states that if such resolutions occur, they will be promptly disclosed.

OKI Electric Industry has announced its new management plan (outline) for FY2026 through FY2031. The plan targets net sales exceeding 600 billion yen, operating profit margin above 7%, and ROE above 10%, emphasizing intellectual capital management and challenges in growth markets.

For the cumulative third quarter of the fiscal year ending March 2026, net sales were 282.2 billion yen (8.1% decrease YoY), operating income was 6.1 billion yen (20.6% decrease YoY), and quarterly net income attributable to owners of parent was 7.4 billion yen (273.3% increase YoY).

For the cumulative Q3 of fiscal year 2025, net sales were 282.2 billion yen (8% decrease YoY), operating income was 6.1 billion yen (20% decrease YoY), and net income attributable to owners of parent was 7.4 billion yen (270% increase YoY). The full-year forecast was revised to net sales of 430.0 billion yen (down 10.0 billion yen from previous), operating...