ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Producer Manufacturing

Okuma Corp.

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 2020 JPYUSD
Revenue172,094M1,582.82M
Gross Profit52,523M483.07M
Operating income14,996M137.92M
Income before tax15,036M138.29M
Net income10,713M98.53M
EBITDA20,985M193.00M
Diluted EPS339.283.12
Dividends Per Share1301.19
Total Assets212,318M1,966.72M
Total liabilities40,941M379.24M
Total equity164,109M1,520.16M
Operating cash flow10,041M92.35M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 183,478M 162,679M 182,130M 211,732M 172,094M
Gross Profit 58,692M 49,948M 58,884M 67,388M 52,523M
Operating income 21,583M 15,561M 22,494M 27,576M 14,996M
Income before tax 21,421M 15,542M 22,583M 27,376M 15,036M
Net income 13,697M 10,242M 14,226M 18,521M 10,713M
EBITDA 27,084M 21,024M 27,559M 33,174M 20,985M
Diluted EPS 427.30 319.50 443.84 578.52 339.28
Dividends Per Share 90 90 105 125 130
Total Assets 202,594M 211,117M 232,002M 237,720M 212,318M
Total liabilities 67,889M 65,961M 71,097M 69,137M 40,941M
Total equity 129,492M 139,507M 154,383M 161,725M 164,109M
Operating cash flow 23,668M 9,928M 29,827M 11,649M 10,041M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,527.91M 1,502.28M 1,643.29M 1,909.30M 1,582.82M
Gross Profit 488.75M 461.25M 531.28M 607.67M 483.07M
Operating income 179.73M 143.70M 202.95M 248.66M 137.92M
Income before tax 178.38M 143.52M 203.75M 246.86M 138.29M
Net income 114.06M 94.58M 128.35M 167.01M 98.53M
EBITDA 225.54M 194.14M 248.65M 299.14M 193.00M
Diluted EPS 3.55 2.95 4.00 5.21 3.12
Dividends Per Share 0.74 0.83 0.94 1.12 1.19
Total Assets 1,802.51M 1,894.61M 2,181.49M 2,147.71M 1,966.72M
Total liabilities 604.02M 591.95M 668.51M 624.62M 379.24M
Total equity 1,152.11M 1,251.96M 1,451.64M 1,461.12M 1,520.16M
Operating cash flow 197.09M 91.68M 269.11M 105.04M 92.35M

Valuation Measures

Mar 2020
PER10.27
ROA4.76%
ROE6.57%
Operating margin8.71%
Profit margin6.22%

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. (9.1%)
  • Okuma Corp. (6.4%)
  • Nippon Life Insurance Co. (6.3%)
  • Mitsubishi UFJ Financial Group, Inc. (4.6%)
  • Nikko Asset Management Co., Ltd. (4.2%)
  • Asset Management One Co., Ltd. (3.9%)
  • Daiwa Asset Management Co. Ltd. (3.8%)
  • Sumitomo Mitsui Trust Holdings, Inc. (3.0%)
  • Goldman Sachs Asset Management LP (2.4%)
  • The Vanguard Group, Inc. (2.4%)

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

  • 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
  • Okuma Kosan Corp.
  • Okuma Europe GmbH
  • Okuma Enterprise Co.
  • Nihon Seiki Shokai KK
  • 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 25 Nov, 2020

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more