OkiData has announced that it has posted extraordinary loss due to natural disasters, flood damage in Thailand, in its annual returns for the first nine months of the financial year ending March 31, 2012.

Oki’s loss related to the flooding in the Thailand OkiData manufacturing, a consolidated subsidiary of OKI sited at the Rojana Industrial Park in Ayutthaya Province, central Thailand, which was exposed to the water gushes following the flood in October 2011. Operations at the manufacturing units were temporarily on the brink since October 6, 2011, and OKI has got underway substitute manufacturing solutions, which started November 7, 2011. The Thailand Manufacturing unit of OkiData partially resumed their operations on January 4, 2012, and the company is looking forward to come back to full-scale operations by the end of March 2012.

Following the flood damage, OkiData posted 2.7 billion yen for loss on permanent assets and accounts as well as recovery expenditures as “loss on natural disasters” in its financial results for the year ending March 31, 2012. Estimated impact on the business performance states that OKI is investigating the damage caused by the flood and its impact on the overall performance of OKI as a whole. Once it is judged, there will be a significant change in their business forecast.

However, OKI is continuing to investigate details of the total loss and damage, but is unable to proclaim when operations will be taken up again at this time.