OKI Sees Losses Continue in Nine-Month Report, Revises Forecast Downward

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On February 7, OKI Electric Industry Co., Ltd., released its financial results for the first nine months of the fiscal year ending on March 31, 2022. Sales in the nine-month period declined 7.7 percent year-over-year, a somewhat similar story to the financial results of last year. The company listed several reasons for drooping sales. Prolonged

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