Producer Manufacturing

Okuma Corp.

In the news

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China probe raises shield for domestic precision tool makers Nov 17, 2018
World's robot builders hit by China's capital spending slowdown Oct 30, 2018
Japan's machine tool orders break record in 2017 Jan 16, 2018
Reinvigorated Europe making a mark on Japan stocks Jan 10, 2018

Business Summary

Okuma Corp. engages in the manufacture and sale of machine tools. It operates through the following segments: Japan, America, Europe, Asia and Pacific. These geographical segments provide machine equipment such as numerical control lathes, grinders, factory automation products, servo motors, and after-sale services. The company was founded by Eiichi Okuma in January 1898 and is headquartered in Niwa, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	172,809M	1,537.82M
Gross Profit	53,913M	479.76M
Operating income	14,462M	128.69M
Income before tax	15,547M	138.35M
Net income	11,579M	103.04M
EBITDA	21,480M	191.14M
Diluted EPS	366.90	3.26
Dividends Per Share	90	0.80
Total Assets	258,985M	2,133.75M
Total liabilities	65,326M	538.21M
Total equity	185,120M	1,525.19M
Operating cash flow	16,160M	143.80M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	182,130M	211,732M	172,094M	123,394M	172,809M
Gross Profit	58,884M	67,388M	52,523M	35,987M	53,913M
Operating income	22,494M	27,576M	14,996M	4,820M	14,462M
Income before tax	22,583M	27,376M	15,036M	4,014M	15,547M
Net income	14,226M	18,521M	10,713M	2,088M	11,579M
EBITDA	27,559M	33,174M	20,985M	11,401M	21,480M
Diluted EPS	443.84	578.52	339.28	66.13	366.90
Dividends Per Share	105	125	130	35	90
Total Assets	232,002M	237,720M	212,318M	223,244M	258,985M
Total liabilities	71,097M	69,137M	40,941M	43,984M	65,326M
Total equity	154,383M	161,725M	164,109M	171,726M	185,120M
Operating cash flow	29,827M	11,649M	10,041M	18,962M	16,160M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,643.29M	1,909.30M	1,582.82M	1,163.46M	1,537.82M
Gross Profit	531.28M	607.67M	483.07M	339.31M	479.76M
Operating income	202.95M	248.66M	137.92M	45.44M	128.69M
Income before tax	203.75M	246.86M	138.29M	37.84M	138.35M
Net income	128.35M	167.01M	98.53M	19.68M	103.04M
EBITDA	248.65M	299.14M	193.00M	107.49M	191.14M
Diluted EPS	4.00	5.21	3.12	0.62	3.26
Dividends Per Share	0.94	1.12	1.19	0.33	0.80
Total Assets	2,181.49M	2,147.71M	1,966.72M	2,020.30M	2,133.75M
Total liabilities	668.51M	624.62M	379.24M	398.04M	538.21M
Total equity	1,451.64M	1,461.12M	1,520.16M	1,554.08M	1,525.19M
Operating cash flow	269.11M	105.04M	92.35M	178.78M	143.80M

Valuation Measures

Mar 2022
PER	13.90
ROA	4.80%
ROE	6.48%
Operating margin	8.36%
Profit margin	6.70%

Key executives

President & Representative Director: Atsushi Ieki
Senior Managing Director & Head-Information System: Masato Ryoki
Director & General Manager-Technology: Harumitsu Senda
Senior Managing Director & GM-Administration: Chikashi Horie
Managing Director, GM-Japan & Asia Sales: Osamu Ishimaru

Shareholders

Nomura Asset Management Co., Ltd. (8.3%)
Okuma Corp. (7.7%)
Nippon Life Insurance Co. (6.3%)
Nikko Asset Management Co., Ltd. (4.0%)
Daiwa Asset Management Co. Ltd. (3.7%)
Mitsubishi UFJ Financial Group, Inc. (3.6%)
Sumitomo Mitsui Trust Holdings, Inc. (3.0%)
Okuma Business Association (2.3%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.2%)
The Vanguard Group, Inc. (2.2%)

Contact Details

Website:http://www.okuma.co.jp
Address: 5-25-1 Shimooguchi, Oguchi-cho, Niwa, 480-0193, Japan
Phone: +81.587.95.7823

Related Companies

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Okuma Vietnam Co., Ltd.
Okuma Korea Corp.
Okuma (Changzhou) Machine Tool Co., Ltd.
Nippon Seiki Shokai Co., Ltd.
Okuma Europe RUS LLC
Okuma Latino Americana Comercio Ltda.
Okuma Machinery (Shanghai) Co. Ltd.
Okuma Australia Pty Ltd.
OTR Makina Sanayi ve Ticaret Ltd. Sti.
Okuma Techno (Thailand) Ltd.
Okuma Machine Tool (Shanghai) Corp.
Okuma New Zealand Ltd.
PT Okuma Indonesia
Okuma India Pvt Ltd.
Okuma Employee Stock Ownership Plan
Okuma Kyoeikai Business Association
Tatung-Okuma Co., Ltd.
Okuma Kosan Corp.
Okuma Europe GmbH
Okuma Enterprise Co.
Nihon Seiki Shokai KK
BYJC Okuma (Beijing) Machine Tool Co., Ltd.
Okuma America Corp.
Okuma Business Association
Okuma Engineering Co., Ltd.
Okuma & Howa Machinery Ltd.

Competitors

Awea Mechantronic Co. Ltd.
Hurco Companies, Inc.
Abpro Bio Co., Ltd.

Last Updated on 12 Aug, 2022