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okuma corp (6103) Details

Okuma Corporation manufactures and sells machine tools, NC controllers, FA products, and servo motors in Japan, the Americas, Europe, and the Asia Pacific. The company offers lathes, multitasking machines, machining centers, grinders, and IT/CNC products. It also provides software products and after-sales services. Okuma Corporation was founded in 1898 and is headquartered in Niwa-gun, Japan.

Founded in 1898

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Okuma Corporation Proposes Year-End Dividend for the Year Ended March 31, 2019, Effective June 24, 2019

Okuma Corporation proposed year-end dividend of JPY 65 per common share, combined with interim dividend of JPY 60 per share total dividend is JPY 125 per share for the year ended March 31, 2019. Effective date of dividend is June 24, 2019.

Okuma Opens Jinan Branch Office to Strengthen Sales and Service in China

Okuma Corporation held opening ceremonies for its Jinan Branch Office built in Jinan City, eastern Shandong Province, China, on March 21. The Jinan Branch Office is Okuma's third (with technical center functions) in China following similar regional offices set up in Shanghai and Guangzhou. The new office is located in the Jinan High-Tech Industrial Development Zone, 22 km from Jinan City's high-speed rail station (Jinanxi Railway Station) and 38 km from Jinan Yaoqiang International Airport. As the center of Shandong Province's business and R&D, a large number of high-tech industries are rapidly growing Jinan into a vibrant international corporate city. By using the new Jinan Branch Office, Okuma aims to strengthen its application proposals and after-sales service support for customers in northern China (Hebei, Tianjin, Beijing) and inland areas (Henan) mainly in Shandong, while earning JPY 40 billion a year in China as a whole.

Okuma Corporation to Report Fiscal Year 2019 Results on Apr 26, 2019

Okuma Corporation announced that they will report fiscal year 2019 results on Apr 26, 2019


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Valuation 6103 Industry Range
Price/Earnings 9.3x
Price/Sales 0.8x
Price/Book 1.0x
Price/Cash Flow 9.8x
TEV/Sales 0.5x

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