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OKK Corp. Country: Japan
3-21-9, Toyosaki, Kita-ku, Osaka 531-0072, Japan. Phone 81-663-76-67-16.
www.okk.co.jp Brands: OKK
Listed: Tokyo Exchange, # 6205
Machining centers (vertical- and horizontal-spindle), milling machines, grinding centers, cells. Company dates to 1915, machine tools since 1934. Subsidiaries near Chicago, Illinois, USA, and in Neuss, Germany. Holds 30% stake in joint venture with Dalian MT, China.
Values in Millions
Fiscal Year Ended Mar. 2010 Change Mar. 2009 Change Mar. 2008
Total Consolidated Revenue, ¥ 10,188.0 -62% 26,631.0 -28% 37,181.0
M-T Revenue, ¥ 9,474.8 -62% 24,766.8 -28% 34,578.3
Net Profit (Loss), ¥ (4,920.0) (398.0) -119% 2,100.0
U.S. $ Conversion Factor 0.01078 0.01000 0.00878
Total Revenue, U.S. $ 109.8 -59% 266.3 -18% 326.4
M-T Revenue, U.S. $ 102.1 -59% 247.7 -18% 303.6
Net Profit (Loss), U.S. $ (53.0) (4.0) -122% 18.4
Financial Notes:
Machine tools estimated at 93% of consolidated sales. Textile machinery, water meters (original product), others represent balance. Overseas sales ratio 33%.