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OKI (Tokyo: 6703) announced a leadership change on February 1, 2022, to enhance management agility amid the COVID-19 pandemic. Effective April 1, CEO Sinya Kamagami will focus on group-wide strategy, while Takahiro Mori will become President and COO, overseeing operations. This restructuring is part of OKI's Medium-Term Business Plan 2022, aiming for sustainable growth through AI edge technologies. A resolution regarding this change will be submitted to shareholders in late June 2022.
OKI Electric Cable has introduced the OH Cable, specifically designed for the food manufacturing sector, which boasts high resistance to cleaning agents, disinfectants, and fats. Sales commenced on September 28, 2021, with a sales target of JPY 50 million for fiscal 2023. The cable's special elastomer ensures durability and compliance with FDA standards, significantly reducing risks related to equipment failures caused by cable degradation. This innovation is set to enhance hygiene standards in food manufacturing.
OKI Electric Cable has launched two new ultrafine diameter cables, ORP-30F and OFV-30F, aimed at enhancing wiring in confined spaces within industrial robots and machine tools. Launched on September 9, 2021, these cables achieve a diameter reduction of up to 32% compared to existing products. They support voltage ratings up to 30V and incorporate advanced materials for durability and resistance to harsh environments. A sales target of JPY100 million is set for FY2022.
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