OKAMOTO MACHINE TOOL WORKS, LTD. (6125) Stock Price

Market cap
¥28.7B
P/E ratio
23.6x
Okamoto Corporation manufactures precision machine tools and semiconductor equipment, serving industrial customers globally through direct sales and distributors across Asia, Europe, and beyond.

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Business Overview

Okamoto Corporation operates two main business segments: machine tools and semiconductor-related equipment. Machine tool manufacturing is handled by Okamoto Corporation itself, along with overseas subsidiaries in Singapore, Thailand, and China, as well as domestic subsidiaries Okamoto Koki Co., Ltd., Giken Co., Ltd., and Yamato Koki Co., Ltd.

For sales, domestic distribution is conducted directly by Okamoto Corporation, Okamoto Koki Co., Ltd., and Yamato Koki Co., Ltd., or through authorized distributors. Internationally, OKAMOTO CORPORATION, OKAMOTO MACHINE TOOL EUROPE GMBH, OKAMOTO (SINGAPORE) PRIVATE LIMITED, OKAMOTO (THAI) CO., LTD., and Okamoto Koki (Changzhou) Co., Ltd. handle sales in their respective regions and neighboring areas.

Semiconductor-related equipment manufacturing is carried out by Okamoto Corporation, its Singapore subsidiary, and domestic subsidiaries Okamoto Koki Co., Ltd. and Yamato Koki Co., Ltd. Domestic sales are conducted directly by Okamoto Corporation or through authorized distributors, while international sales are handled by OKAMOTO CORPORATION, OKAMOTO MACHINE TOOL EUROPE GMBH, and OKAMOTO (SINGAPORE) PRIVATE LIMITED in their respective regions and neighboring areas.

Management Policy

Since its founding in 1935, Okamoto Machine Tool Works has upheld the corporate principle of "technology done right" and pursues cutting-edge technology as its fundamental mission to contribute to society. The company leverages its technological development and production capabilities in the machine tool and semiconductor-related equipment sectors to drive global business expansion.

As a medium to long-term management strategy, the company aims to stabilize sales and profit margins while establishing a robust business structure resilient to economic fluctuations. By 2030, the company has set a long-term vision to become the global No. 1 "comprehensive abrasive grain processing machine manufacturer" in both surface grinding machines and semiconductor wafer polishing equipment.

Okamoto Machine Tool Works prioritizes operating profit margin on sales and seeks to secure stable business profitability. To stabilize sales and emphasize profitability, the company is advancing global expansion of ultra-high-precision grinding machines and developing new semiconductor-related equipment products.

The company has prioritized improving capital efficiency and reducing interest-bearing debt by reducing inventory and accelerating accounts receivable collection. Through a capital and business alliance with Mitsui & Co., the company aims to accelerate growth and build new profit pillars.

Okamoto Machine Tool Works has formulated a medium-term management plan "INOFINITY 700 Innovation×Infinity" with 2025 as the first fiscal year, targeting consolidated sales of 70 billion yen and an operating profit margin of 16% by 2028. This initiative aims to enhance corporate value.

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