OKI’s Operating Income Impacted by Printer Business and Accounting Irregularities

By AI staff on February 13, 2013 Actionable Briefings

On February 13, OKI Electric Industry announced its financial results for the first nine months of the year, ended December 31, 2012. Despite the strong yen, OKI’s net sales for the first nine months of the year grew 5.4 percent compared with the year-ago period to ¥303.7 billion ($3.2 billion*). OKI President Hideichi Kawasaki commented

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