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OKI Electric Industry Company, Limited

Oki Electric Industry Co., Ltd. manufactures and sells products, technologies, software, and solutions for telecommunication and information systems in Japan and internationally. It operates in four segments: Public Solutions Business, Enterprise Solutions Business, Component Products Business, and EMS Business segments. The company offers road, aviation, firefighting and disaster prevention, and public sector systems, as well as networks from terminal to backbone, measurement barge, and cockpit displays for commercial aviation. It also provides sales branch and centered-administration systems, cash handling systems, passenger transportation, and manufacturing systems; business communication products, printers, and edge devices; and ICT, measurement, and medical devices, as well as industrial equipment and aerospace and onboard automotive electronics. The company was founded in 1881 and is headquartered in Tokyo, Japan.

Price · split & dividend adjusted
News & notes moving 6703.JP
Defense & Geopolitical Fragmentation

OKI signs first overseas defense contract to supply towed passive sonar for Australia’s new frigates

OKI has signed a supply contract with Mitsubishi Heavy Industries for towed passive sonar and related equipment to be installed on Australia’s new general-purpose frigates. The contract covers equipment for the first three vessels in a planned fleet of eleven new general-purpose frigates. This marks OKI’s first overseas transfer of defense equipment, following the Australian Government’s selection of Japan’s improved Mogami-class frigate design in August 2025. OKI will leverage over 90 years of underwater acoustic technology development and its experience supplying sonar systems to the Japan Maritime Self-Defense Force.
Business Wire·30dRead more ▾
6703.JP

OKI Implements Special Early Retirement Program for Employees Aged 55 and Over

Oki Electric Industry announced it will implement a special measure under its second-career support program targeting employees aged 55 and above. The company will add a special lump-sum payment on top of the standard retirement allowance, and will also provide re-employment support services for those who wish to use them. There is no set limit on the number of applicants. Eligible employees are regular employees who are at least 55 years old and have at least 10 years of continuous service as of October 31, 2026, as well as rehired employees who have reached mandatory retirement age. The application period runs from August 17 to September 25, with the retirement date set for October 31. The move is aimed at adapting to changes in business processes and roles driven by advances in AI and digital transformation, and at shifting human resources to growth areas and optimizing personnel allocation. At this point, there is no revision to the consolidated earnings forecast for the fiscal year ending March 2027, and the company will disclose the impact on earnings after the number of applicants is finalized.
Reuters·43dRead more ▾