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Okuma Holdings, Inc. Country: Japan
Oguchi-ch, Niwa-gun, Aichi Pref., 480-0193 Japan. Phone +81-587-95-7825.
www.okuma.co.jp Brands: Okuma
Listed: Tokyo Exchange, #6103
Merger of three related but formerly independent companies (see Financial Notes below). Full line of machine tools, mostly metalcutting. Own-brand CNCs. Founded 1898. Main plants in Japan include Oguchi complex in Aichi Prefecture near Nagoya, Kani Works in Gifu Prefecture. Operations outside Japan include Charlotte, No. Carolina, USA; Krefeld, Germany; Singapore.
Values in Millions
Fiscal Year Ended Mar. 2010 Change Mar. 2009 Change Mar. 2008
Total Consolidated Revenue, ¥ 60,336.0 -64% 167,369.0 -22% 213,827.0
M-T Revenue, ¥ 60,336.0 -64% 167,369.0 -22% 213,827.0
Net Profit (Loss), ¥ (18,814.0) 3,995.0 -78% 17,969.0
U.S. $ Conversion Factor 0.01078 0.01000 0.00878
Total Consolidated Revenue, $ 650.4 -61% 1,673.7 -11% 1,877.4
M-T Revenue, U.S. $ 650.4 -61% 1,673.7 -11% 1,877.4
Net Profit (Loss), U.S. $ (202.8) 40.0 -75% 157.8
Financial Notes:
Okuma Holdings is result of merger Oct. 2005 of Okuma Corp. with Okuma & Howa and Okuma Engineering.