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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 2022 JPYUSD
Revenue172,809M1,537.82M
Gross Profit53,913M479.76M
Operating income14,462M128.69M
Income before tax15,547M138.35M
Net income11,579M103.04M
EBITDA21,480M191.14M
Diluted EPS366.903.26
Dividends Per Share900.80
Total Assets258,985M2,133.75M
Total liabilities65,326M538.21M
Total equity185,120M1,525.19M
Operating cash flow16,160M143.80M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 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 2018Mar 2019Mar 2020Mar 2021Mar 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
PER13.90
ROA4.80%
ROE6.48%
Operating margin8.36%
Profit margin6.70%

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. (7.6%)
  • Nippon Life Insurance Co. (6.3%)
  • Nikko Asset Management Co., Ltd. (3.8%)
  • Daiwa Asset Management Co. Ltd. (3.6%)
  • Mitsubishi UFJ Financial Group, Inc. (3.6%)
  • Sumitomo Mitsui Trust Holdings, Inc. (3.0%)
  • Okuma Business Association (2.3%)
  • The Vanguard Group, Inc. (2.2%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.0%)

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 Restricted Stock Compensation Plan
  • 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 22 Sep, 2022

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