Trade Okuma Corporation - 6103 CFD

Okuma Corporation Company profile

About Okuma Corp

OKUMA Corporation is a Japan-based company mainly engaged in the manufacture and sale of machine tools. The Company operates through Japan, America, Europe and Asia-Pacific segment. The Company is engaged in the manufacture, sale of machine tools and maintenance parts, as well as the provision of after services. The main products include numerical control (NC) lathes, machining centers, multi-tasking machines, NC grinders and other NC machine tools, NC equipment, factory automation (FA) products, servo motors and other general machines.

Financial summary

BRIEF: For the nine months ended 31 December 2021, Okuma Corp revenues increased 40% to Y122.73B. Net income applicable to common stockholders increased from Y617M to Y6.9B. Revenues reflect Japan-Operating segment increase of 25% to Y57.05B, America-Operating segment increase of 47% to Y33.29B, Europe-Operating segment increase of 70% to Y21.13B. Net income benefited from Japan-Operating segment income totaling Y5.54B vs. loss of Y314M.

Equity composition

Up to FY'02 WAS were estimated. FY'04-'08 1&3Q WAS=O/S. Prior to 1994:financials are not available. The Co. changed name from Okuma Corporation. 07/2006, Name changed from OKUMA Holdings Inc.