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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Oki Electric Industry Co., Ltd.    6703   JP3194000000

OKI ELECTRIC INDUSTRY CO., LTD.

(6703)
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Oki Electric Industry Co., Ltd. : OKI Donates Printers to Beautiful Foundation in Korea

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01/08/2013 | 01:08am EDT
OKI Donates Printers to Beautiful Foundation in Korea


DJ Yoo, MD of OSKR (left) with HS Lee,
Director of Beautiful Foundation

TOKYO, January 8, 2013 -- OKI Data Corporation, an OKI Group company specializing in printer business, today announced that it has donated printers to the Beautiful Foundation - a nonprofit human services agency located in Seoul, Korea, as part of the agency's Beautiful Store program.

The Beautiful Foundation was established in 2000, in the midst of growing interest in philanthropy, by Mr. Park Won Soon, the present mayor of Seoul. As a top-runner in social contribution activities, the agency runs various programs that support disadvantaged families in Korea. One of its programs, the "Beautiful Store" aims to provide financial aid and support to underprivileged children to make a positive impact on children's future.

"OKI Data established OKI Systems Korea (hereinafter referred as OSKR) in 2005. With the purpose of developing corporate activities further rooted in the local market, the company decided to co-operate with the 'Beautiful Foundation' which is one of the most well-known nonprofit agencies deploying various social contribution activities mainly in Seoul," says Dongjun Yoo, Managing Director of OSKR. "Going forward, we will further strengthen our relationship with the 'Beautiful Foundation' and take part in various programs to provide positive experience for children and prepare them for success."

The company has donated monochrome LED printers, B411dn, which will be used at study support centers for children in Seoul.

The OKI Group is committed to systematically advancing its corporate social responsibilities. The Group supports the future of children through efforts such as supporting Save the Children charity, donating shoes in the USA through Center for Family Services and supporting build a dining hall for a Primary School in China. OKI will continue to make efforts with the countries and regions in which it pursues business activities, seeking to advance its corporate activities in the spirit of integrity at all times.

About OKI Data Corporation

OKI Data Corporation specializes in the design, development, manufacture, and marketing of business printing solutions that empower organizations to communicate more effectively. A subsidiary of Tokyo-based OKI Electric Industry (established in 1881 as Japan's first telecommunications manufacturer), OKI Data fields representatives in 120 countries to offer innovative, leading-edge products and services worldwide. For more information, please visit http://www.okiprintingsolutions.com/.

Press Contact: Public Relations Division
Phone: +81-3-3501-3835
  • * Information in the press releases is current on the date of the press announcement, but is subject to change without prior notice.
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Financials
Sales 2021 405 B 3 785 M 3 785 M
Net income 2021 5 500 M 51,4 M 51,4 M
Net Debt 2021 35 500 M 332 M 332 M
P/E ratio 2021 16,3x
Yield 2021 2,89%
Capitalization 89 854 M 841 M 840 M
EV / Sales 2021 0,31x
EV / Sales 2022 0,29x
Nbr of Employees 17 751
Free-Float 93,1%
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Mean consensus HOLD
Number of Analysts 2
Average target price 975,00 JPY
Last Close Price 1 038,00 JPY
Spread / Highest target 1,16%
Spread / Average Target -6,07%
Spread / Lowest Target -13,3%
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NameTitle
Shinya Kamagami President & Representative Director
Hideichi Kawasaki Chairman
Masashi Tsuboi Director, GM-Information & Communications
Masayuki Hoshi Representative Director & Executive Vice President
Masashi Fuse Director, GM-Administration & Manager-Legal
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