TOKYO – OKI Electric Industry reported net sales for fiscal 2015 ended Mar. 31 of 540 billion yen (US$4.53 billion), up 11.8% year-over-year.
Net income for the year was 33.1 billion yen, up 20.9% compared to fiscal 2014.
Operating income was 32.4 billion yen, up 19.2% year-over-year.
The firm projects fiscal 2016 net sales of 545 billion yen.
OKI Electric Industry makes printed circuit boards, primarily for the telecom industry.
Ed.: 1 yen = US$0.0084