Oki revises guidance for H1 and fiscal 2013

Oki Electric Industry Co., Ltd., a provider of information systems, has announced that for the first half of the fiscal year ending March 31, 2013, it expects net sales to be JPY193.6 billion. This is compared to the company's previous guidance of JPY195 billion.

For the first half of the fiscal year ending March 31, 2013, the company expects operating loss to be JPY4 billion, recurring loss to be JPY6.1 billion, net loss to be JPY6.7 billion, and net loss per share to be JPY9.20.

For the fiscal year ending March 31, 2013, the company expects net sales to be JPY445 billion, operating loss to be JPY14 billion, recurring loss to be JPY11 billion, net loss to be JPY6.5 billion, and net loss per share to be JPY7.15.