OKI

Basic Information

Stock Code
6703
Industry
Electrical Equipment
Category Detail
Information & Communication Equipment
Prefecture
Tokyo
Establishment Year
November 1949
Listing Year
November 1951
Official Website
https://www.oki.com/jp/
TSE Information
TSE Information
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Yahoo! Finance
Other Companies
Nisshinbo Holdings, Nippon Hume, Saxa, Nakayo, Aiphone, San Electronics, Yokowo, Icom, Allied Telesis Holdings, Nippon Antenna, Japan Avionics Electronics, IHI, Takara Standard

Overview

OKI is Japan's first telecommunications equipment manufacturer, founded in 1881, and a major electronics company with high market shares in information and communications equipment and automated teller machines (ATMs).

Current Situation

OKI recorded consolidated net sales of approximately 452.4 billion yen and operating profit of 18.6 billion yen for the fiscal year ending March 2025, and is listed on the Tokyo Stock Exchange Prime Market. Its core ATM business boasts high market shares both domestically and internationally, while actively expanding its printer business overseas. In the information and communications sector, it provides network equipment and solutions to the NTT Group and major banks, and focuses on defense-related products such as sonar systems for submarines supplied to the Ministry of Defense. It is also pursuing aggressive acquisitions in the EMS business, promoting diversification and technological innovation. In terms of sustainability, it is strengthening efforts to reduce environmental impact, including operating production facilities with virtually zero energy consumption and advanced ultrasonic sensor sensitivity technology. From 2025 onward, business expansion and technological innovation are anticipated, supported by digitalization and advanced network communications.

Trivia

Interesting Facts

  • Founded in 1881 as Japan's first telecommunications equipment manufacturer
  • Holds high market share in ATM market domestically and internationally
  • Formerly had a semiconductor business, sold in 2008
  • Highly regarded domestically for disaster prevention radio systems
  • Integrated printer business from subsidiary to parent company to strengthen overseas expansion
  • Changed Tokyo Stock Exchange ticker symbol to 'OKI' in 2007
  • Transferred Brazilian ATM subsidiary business to NCR and supplies ATM modules
  • Achieved industry-leading sensitivity improvements in ultrasonic sensor technology
  • Long-term donations of refrigerated blood transport vehicles to Japanese Red Cross
  • Also provides solutions such as call centers and facial recognition systems
  • History spans numerous significant events to the present
  • Soichiro Asano is a key figure associated with OKI
  • Sponsored a strong women's track and field team as sports activity
  • Opened Japan's first virtually zero-energy consumption factory
  • Appointed Vissel Kobe's Andres Iniesta as brand ambassador

Hidden Connections

  • Originating from the former Asano Zaibatsu, it is part of the Fuyo Group centered on Fuji Bank.
  • Maintains strong ties with the NTT Group stemming from its history in telephone switch manufacturing.
  • Former semiconductor division was transferred to Rohm, with ongoing collaboration in the semiconductor market.
  • Widely deployed in overseas printer markets through Oki Data subsidiary.
  • Partially transferred Brazilian ATM business to NCR, maintaining partnership.
  • Strengthened brand with celebrities like Miwako Ichikawa and Alice Hirose in advertisements.
  • Closely collaborates with local communities through long-standing blood donation activities.
  • Enhances social recognition through sports and TV program sponsorship activities.

Future Outlook

Growth Drivers

  • Increased demand for information and communications equipment due to digitalization and DX promotion
  • Ongoing ATM replacement demand from financial institutions
  • Expansion of disaster prevention and transportation infrastructure development
  • Global expansion and acquisition effects in EMS business
  • Growth promotion in autonomous driving and e-mobility testing services
  • Demand for energy-saving and sustainability products amid stricter environmental regulations
  • Enhanced product value through advanced network technologies
  • Expansion in software and IT solutions fields
  • Expansion of printer product sales channels in emerging markets
  • Multi-field applications of high-sensitivity sensor technology

Strategic Goals

  • Double ICT support business for social infrastructure
  • Expand global EMS share to 1.5 times current level
  • Deploy zero environmental impact manufacturing across all facilities
  • Make next-generation digital switches a mainstay product and expand sales
  • Achieve top domestic share in autonomous driving testing services
  • Raise overseas sales ratio for printer products to over 80%
  • Technological innovation in defense products and expand Ministry of Defense procurement
  • Expand customer challenge-solving solutions through DX promotion
  • Improve recognition through brand ambassador activities
  • Promote diversity respect and fulfilling workplaces for employees

Business Segments

IT Solutions for Financial Institutions

Overview
Supports ICT transformation for financial institutions, improving operational efficiency and customer experience.
Competitiveness
High reliability and customization based on long track record
Customers
  • Megabanks
  • Regional banks
  • Credit unions
  • Trust banks
  • Financial holdings
  • ATM management companies
Products
  • Bank teller terminals
  • Centralized accounting systems
  • Omni-channel solutions
  • Remote ATM maintenance services
  • Cash management systems

Network Equipment for Telecommunications Carriers

Overview
Supplies high-quality network equipment and facilities to telecommunications carriers.
Competitiveness
Accumulated technology over many years and strong ties with major telecom carriers
Customers
  • NTT East
  • NTT West
  • KDDI
  • Telecom providers
  • Internet service providers
Products
  • Digital switches
  • GE-PON equipment
  • Home gateway (HGW)
  • Base station antennas
  • IP telephony systems

Disaster Prevention and Social Infrastructure Systems for Government and Local Authorities

Overview
Provides communications and monitoring systems supporting safety and security in public infrastructure.
Competitiveness
Proven track record and high reliability in disaster prevention
Customers
  • Local governments
  • Fire departments
  • Ministry of Defense
  • Transportation bureaus
  • Public facility management companies
Products
  • Disaster prevention radio systems
  • Fire radio systems
  • River monitoring systems
  • Air traffic control systems
  • Expressway emergency telephones

EMS (Electronics Manufacturing Services)

Overview
Offers contract manufacturing and inspection services meeting diverse production needs.
Competitiveness
Advanced manufacturing technology and quality control adaptable to multiple industries
Customers
  • Medical equipment manufacturers
  • Measurement equipment manufacturers
  • Communications equipment manufacturers
  • Industrial equipment manufacturers
Products
  • Printed circuit board manufacturing
  • Electronics assembly
  • Quality testing and reliability evaluation
  • Failure analysis services

Corporate IT Systems and Software Development

Overview
Supports business efficiency and digital transformation for customers.
Competitiveness
Fusion of deep industry knowledge and IT expertise
Customers
  • Manufacturing
  • Financial institutions
  • Government offices
  • Distribution
  • Services
Products
  • System integration
  • Business application development
  • Cloud implementation support
  • Virtualized IT solutions

Communications Systems for Transportation and Railways

Overview
Communications systems supporting smooth transportation infrastructure operations.
Competitiveness
Superior robustness and scalability product lineup
Customers
  • Railway companies
  • Bus companies
  • Airport management companies
  • Expressway administrators
Products
  • Railway lineside telephones
  • Limousine bus ticket machines
  • Air traffic control communications equipment
  • ETC tollgate systems

Mechatronics and Automation Equipment

Overview
Supplies electronic equipment that automates cash handling and improves efficiency.
Competitiveness
Reliable mechanical design technology
Customers
  • Banks
  • Commercial facilities
  • Manufacturing plants
  • Logistics centers
Products
  • Change machines
  • Passbook printers
  • Automated contract machines
  • Currency exchange machines

Defense-Related Systems

Overview
Develops and provides high-performance communications and detection equipment contributing to national defense.
Competitiveness
Advanced technology and long defense track record
Customers
  • Ministry of Defense
  • Japan Maritime Self-Defense Force
Products
  • Submarine sonar systems
  • Sonobuoys
  • Field communications systems

Electronic Component Testing Services

Overview
Supports product reliability assurance through contract testing.
Competitiveness
Extensive know-how and state-of-the-art equipment
Customers
  • Electronics manufacturers
  • Semiconductor manufacturers
  • Quality assurance organizations
Products
  • Reliability evaluation
  • Failure analysis
  • Quality management consulting

Printed Circuit Board-Related Manufacturing

Overview
Contributes to numerous industries through high-quality board manufacturing.
Competitiveness
High-reliability products enabled by cutting-edge technology
Customers
  • Communications equipment manufacturers
  • Medical equipment manufacturers
  • Industrial machinery manufacturers
Products
  • High-density printed circuit boards
  • Printed wiring board mounting
  • Board design support

IT Infrastructure Solutions

Overview
Total support for safe and efficient IT environments.
Competitiveness
Flexible response to diverse needs
Customers
  • Large corporations
  • Local governments
  • Educational institutions
Products
  • Private cloud construction
  • Video surveillance systems
  • Facial recognition systems

Competitive Advantage

Strengths

  • Over 140 years of history and reliability
  • High ATM market share domestically and internationally
  • Broad business expansion across multiple fields
  • Strong major customer base (NTT Group, etc.)
  • Advanced technological development and system construction capabilities
  • Expertise in defense-related fields
  • Diverse product lineup and service structure
  • Aggressive overseas market expansion
  • Comprehensive subsidiary network
  • Sustainability-focused production facilities
  • Reliability testing and quality management technology
  • Business diversification through acquisitions
  • Strong brand image (OKI)
  • Strength in integrated IT-communications solutions
  • Top-class domestic manufacturing technology

Competitive Advantages

  • Long-standing strong transaction relationships with NTT and financial institutions
  • Established high market share in ATMs domestically and internationally
  • Able to provide comprehensive ICT solutions by integrating diverse business fields
  • High technological standards and reliability in submarine sonar for Ministry of Defense, etc.
  • Strengthened manufacturing competitiveness through EMS business expansion
  • High-quality product lineup based on extensive development experience
  • Rapid and flexible customization capabilities
  • Advanced environmental considerations such as virtually zero-energy consumption factories
  • Advanced testing services including reliability evaluation and failure analysis
  • Expanded overseas customer base through global deployment
  • Software development capabilities in various ICT areas
  • Robust quality assurance system
  • Market penetration through wide sales channels
  • Aggressive advertising strategies to enhance brand recognition
  • Leading-edge network technology and track record

Threats

  • Declining demand due to shrinking domestic population
  • Intensifying technological innovation and price competition from overseas rivals
  • Digital shift in financial industry and increase in new entrants
  • Regulatory tightening and exchange rate fluctuation risks in overseas markets
  • Rising costs due to advanced cybersecurity requirements
  • Decline in competitiveness from delays in adopting new technologies
  • Instability in defense-related demand due to geopolitical risks
  • Impact of natural disasters on production and supply chains
  • Reputational risks from accounting irregularities, etc.
  • Shortages of talent and challenges in securing engineering skills
  • Increased operational costs from stricter environmental regulations
  • Price pressures in emerging markets

Innovations

2022: Opening of e-Mobility Test Center

Overview
Opened a reliability testing facility for advanced driver assistance systems and autonomous driving in Isesaki City, Gunma Prefecture.
Impact
Contributes to ensuring high reliability of automotive electronics and promoting industry entry.

2022: Net Zero Energy Building Certification Acquired

Overview
Achieved virtually zero-energy consumption certification for a new building at the Honjo Plant in Honjo City, Saitama Prefecture, as Japan's first large-scale factory.
Impact
Promotes environmental burden reduction and sustainable corporate growth.

2022: Ultrasonic Sensor Sensitivity Improved 20-Fold

Overview
Developed high-sensitivity ultrasonic sensors using piezoelectric MEMS technology applied from printer material bonding techniques.
Impact
Expected to open new markets such as improved biometric authentication accuracy.

2023: Printer Business Functional Integration

Overview
Integrated printer business development and production functions with Etria through capital participation to improve efficiency.
Impact
Enhances R&D capabilities and production optimization for stronger market competitiveness.

2024: Development of AI-Equipped Communication Network Equipment

Overview
Enhanced fault prediction and automatic recovery functions using AI in network equipment.
Impact
Contributes to improved communication quality and reduced operational costs.

Sustainability

  • Promoting net zero energy factories
  • Reducing environmental impact through high-sensitivity ultrasonic sensors
  • Introducing sustainable manufacturing processes
  • Enhancing employee safety, health, and workplace environment
  • Supporting community environmental education programs
  • Promoting development of energy-efficient products
  • Strengthening recycling of used equipment
  • Reducing CO2 emissions through green IT practices
  • Investments aimed at maintaining safe and secure social infrastructure
  • Promoting corporate culture emphasizing diversity and inclusion
  • Sustainable procurement and supply chain management
  • Visualizing and appropriately reporting environmental impacts