Financial Highlights [81KB]

FINANCIAL HIGHLIGHTS
Oki Electric Industry Co., Ltd. and consolidated subsidiaries
Years ended March 31
Thousands of U.S.
dollars (Note 1)
Millions of yen
2009*
(Note 2)
2010*
2011*
2012*
2013
2013
¥ 544,529
¥ 442,949
¥ 432,651
¥ 423,480
¥ 455,824
$ 4,901,333
(629)
6,508
6,308
11,980
13,475
144,892
Net income (loss)
(46,188)
(3,836)
(31,809)
1,555
13,599
146,225
Net cash (used in) provided by
operating activities
18,941
51,290
1,588
22,791
(11,619)
(124,935)
Net cash (used in) provided by
investing activities
57,457
(12,992)
(4,423)
(9,392)
(9,214)
(99,075)
Free cash flow
76,398
38,298
(2,835)
13,399
(20,833)
(224,010)
Ended March 31
For the year
Net sales
Operating income (loss)
At the year end
Total assets
¥ 398,188
¥ 377,894
¥ 368,822
¥ 368,065
¥ 349,322
$ 3,756,150
Shareholders’ equity
41,381
40,532
38,308
41,125
56,072
602,924
Interest-bearing debt
203,766
172,467
152,051
136,478
120,524
1,295,956
Return on assets (ROA) (%)
(9.5)
(1.0)
(8.5)
0.4
3.8
Return on equity (ROE) (%)
(73.8)
(9.4)
(80.7)
3.9
28.0
Shareholders’ equity (%)
10.4
10.7
10.4
11.2
16.1
Ratios
U.S. dollars
Yen
(Note 1)
Per share amounts
Net income (loss)
Net assets (shareholders’ equity,
excluding warrants and minority
interests in consolidated subsidiaries)
Cash dividends (common stock)
¥
(67.63) ¥
(5.62) ¥
(44.00) ¥
0.32
¥
17.24
$
0.18
60.60
59.40
11.37
13.42
34.40
0.36
—
—
—
—
—
—
17,415
18,111
16,697
16,736
17,459
Other information
Number of employees
*As restated (See Note 3)
Note 1: The U.S. dollar amounts in this annual report are translated from yen, for convenience only, at ¥93 = U.S.$1.00, the approximate exchange
rate prevailing on March 31, 2013.
Note 2: Results prior to and including the second quarter of the year ended March 31, 2009 include OKI’s semiconductor business. In October 2008,
OKI spun off the semiconductor business into a separate company.
Note 3: On August 8, 2012, the Company announced that improper accounting had been conducted at an overseas consolidated subsidiary. Based
on the investigation reports by outside experts, the Company restated the consolidated financial statements and related notes for 2012 and
previous years.
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.
2
Annual Report 2013
FINANCIAL HIGHLIGHTS
(Billions
of yen)
Net Sales
(Billions
of yen)
600
Operating Income (Loss)
(Billions
of yen)
Net Income (Loss)
and Return on Equity (ROE)
20
15
40
13.5
544.5
28.0
12.0
455.8
442.9 432.7
423.5
10
20
10
0
400
6.5
(%)
(46.2)
(3.8)
3.9
(31.8) 1.6
6.3
0
13.6
(9.4)
-10
-20
-20
-40
-30
-60
5
200
(0.6)
0
-40
0
-5
(Ended
March 31)
2009
2010
2011
2012
2013
(73.8)
-80
(80.7)
-50
(Ended
March 31)
2009
2010
2011
2012
(Ended
March 31)
2013
-100
2009
2010
2011
2012
2013
Net Income (Loss) (left scale)
Return on Equity (ROE) (right scale)
(Billions
of yen)
Total Assets
(Billions
of yen)
Shareholders’ Equity
and Shareholders’ Equity Ratio
100
500
(%)
18
(Billions
of yen)
20
16.1
398.2
400
377.9 368.8 368.1
16.8
80
15
15
349.3
300
R&D Expenses
60
10.4
200
40
100
20
41.4
10.7
40.5
11.2
13.8
14.0
13.1
12
56.1
10
10.4
38.3
14.6
41.1
9
5
0
6
0
(As of
March 31)
2009
2010
2011
2012
2013
0
(As of
2009
March 31)
2010
2011
2012
0
(Ended
March 31)
2013
2009
2010
2011
2012
2013
Shareholders’ Equity (left scale)
Shareholders’ Equity Ratio (right scale)
(Billions
of yen)
20
Capital Expenditures
and Depreciation (property, plant
and equipment, at cost)
(Billions
of yen)
Interest-bearing Debt
and Debt/Equity Ratio
250
4.9
200
203.8
18.8
(Times)
5
(Billions
of yen)
90
76.4
4.3
15.9
Free Cash Flow
4.0
4
60
15
172.5
13.1
152.1
150
10.5
10
8.6
3.3
3
38.3
136.5
9.7
8.0
9.3
8.6
30
120.5
9.6
100
2.1
2
13.4
50
1
0
0
(Ended
2009
March 31)
2010
2011
2012
2013
Capital Expenditures
Depreciation (property, plant and equipment, at cost)
(20.8)
(2.8)
0
5
0
(As of
2009
March 31)
2010
2011
2012
2013
-30
(Ended
March 31)
2009
2010
2011
2012
2013
Interest-bearing Debt (left scale)
Debt/Equity Ratio (right scale)
Annual Report 2013
3