Okuma KK
6103
ISIN JP3172100004 / Valor 784526
Okuma KK
UMushroom community rating:
About company
Okuma KK is a Japanese company that specializes in manufacturing machine tools, including CNC lathes, machining centers, and grinders.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (20.08.2024):
Revenue Growth
Okuma KK reported a significant increase in revenue for the second quarter of 2023. The company's consolidated net sales reached 75 billion yen, marking a 10% growth compared to the same period last year. This growth was primarily driven by strong demand in the automotive and aerospace sectors.
Operating Profit
In the second quarter of 2023, Okuma KK achieved an operating profit of 12 billion yen, reflecting a 15% increase year-over-year. The improvement in operating profit was attributed to enhanced operational efficiencies and cost management strategies implemented across the company.
Net Income
Okuma KK's net income for the second quarter of 2023 stood at 8 billion yen, up from 6.5 billion yen in the same quarter of the previous year. The rise in net income was supported by higher sales volumes and a favorable product mix, which boosted overall profitability.
Dividend Announcement
For the second quarter of 2023, Okuma KK declared an interim dividend of 30 yen per share. This represents an increase from the 25 yen per share dividend paid in the same period last year, reflecting the company's strong financial performance and commitment to returning value to shareholders.
Future Outlook
Looking ahead, Okuma KK has revised its full-year forecast for 2023, anticipating consolidated net sales of 310 billion yen and an operating profit margin of 14%. The company remains optimistic about continued growth, driven by ongoing investments in technology and expansion into new markets.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1383 M
Market cap (USD)
207,000
Daily traded volume (Shares)
3260 / 3195
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Ratings & reviews
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