OKUMA CORPORATION chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 5,902.51
Dividend & Yield140.00¥ (2.59%)
Beta 1.32
Market capitalization 159.81B
Operating cash flow N/A
ESG Scores unknown

Company description

Okuma Corporation manufactures and sells machine tools, NC controllers, FA products, and servo motors in Japan, the United States, rest of the Americas, Europe, China, and the Asia Pacific. The company offers lathes, multitasking machines, machining centers, grinders, and IT/CNC products. It also provides automation products and after sales services, as well as solutions for die/mold industry. Okuma Corporation was founded in 1898 and is headquartered in Niwa-gun, Japan.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio1.99
Working Capital0.1
Return On Equity0.06
Debt To Equity0.03
Fixed Asset Ratio0.03
Fixed Interest Cover192.83

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -1.18B -16.01B -401M 9.6B
Total Cashflows From Investing Activities -4.91B -15.54B -5.87B -8.71B
Net Borrowings -3.79B -3.79B -1.24B
Total Cash From Financing Activities -7.47B -8.22B -4.07B -3.04B
Change To Operating Activities 445M -5.02B 98M 2.34B
Issuance Of Stock
Net Income 18.52B 10.71B 2.09B 11.58B
Change In Cash -1B -14B 9.71B 6.88B
Effect Of Exchange Rate -268M -280M 691M 2.17B
Total Cash From Operating Activities 11.65B 10.04B 18.96B 16.16B
Depreciation 5.6B 5.99B 6.58B 7.02B
Change To Account Receivables -7.63B 16.01B 3.63B -5.68B
Other Cashflows From Financing Activities -611M -318M -305M -509M
Change To Netincome -6.76B -9.06B 430M -733M
Capital Expenditures -6.5B -9.98B -2.6B -3.74B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 2.93B 3.16B 3.22B 2.96B
Income Before Tax 27.38B 15.04B 4.01B 15.55B
Net Income 18.52B 10.71B 2.09B 11.58B
Selling General Administrative 35.22B 32.93B 26.45B 34.82B
Gross Profit 65.72B 51.09B 34.5B 52.24B
Ebit 27.58B 15B 4.82B 14.46B
Operating Income 27.58B 15B 4.82B 14.46B
Interest Expense -55M -37M -36M -75M
Income Tax Expense 8.06B 3.84B 1.66B 3.89B
Total Revenue 211.73B 172.09B 123.39B 172.81B
Cost Of Revenue 146.01B 121.01B 88.9B 120.57B
Total Other Income ExpenseNet -201M 39M -806M 1.08B
Net Income From Continuing Ops 19.31B 11.2B 2.35B 11.66B
Net Income Applicable To Common Shares 18.52B 10.71B 2.09B 11.58B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 69.14B 40.94B 43.99B 65.33B
Total Stockholder Equity 161.72B 164.11B 171.72B 185.12B
Other Current Liabilities 17.54B 9.8B 11.43B 20.15B
Total Assets 237.72B 212.32B 223.24B 258.99B
Common Stock 18B 18B 18B 18B
Other Current Assets 5.06B 5.91B 5.53B 6.93B
Retained Earnings 107.85B 114.46B 114.02B 124.66B
Treasury Stock -5.84B -10.07B -2.02B 747M
Cash 61.22B 48.13B 58.51B 68.83B
Total Current Liabilities 61.55B 32.74B 38.28B 55.64B
Other Stockholder Equity 4.01B -206M 7.85B 11.39B
Property, Plant, and Equipment 42.65B 48.01B 46.46B 48.44B
Total Current Assets 166.72B 136.62B 140.07B 174.26B
Net Tangible Assets 158.19B 159.12B 166.32B 178.93B
Net Receivables 45.83B 30.3B 27.29B 35.11B
Accounts Payable 34.62B 19.39B 19.84B 31.84B


Insider Transactions

Here are the insider transactions of stock shares related to OKUMA CORPORATION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to OKUMA CORPORATION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on OKUMA CORPORATION

Here is the result of two systematic investment strategies applied to OKUMA CORPORATION. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on OKUMA CORPORATION

The following chart shows the equity curve of the two systematic investment strategies applied to OKUMA CORPORATION:

OKUMA CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 28.06% on the backtest period.

Performance at glance

Performance

28.06 %

Latent gain

12068.0 ¥

Invested capital

43012.0 ¥

Annualized return

6.68 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on OKUMA CORPORATION

This is the result of two momentum investment strategies applied to OKUMA CORPORATION. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on OKUMA CORPORATION

The following chart shows all the entries opened by the momentum investment system on OKUMA CORPORATION:

OKUMA CORPORATION momentum entries
  • The first momentum investment strategy would give 479.91% of return on OKUMA CORPORATION. That represents 15194.0¥ of latent gain with 3166.0¥ of employed capital.
  • The second momentum investment strategy would give 120.62% of return on OKUMA CORPORATION. That represents 10038.0¥ of latent gain with 8322.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

479.91 %

Latent gain

15194.0 ¥

Invested capital

3166.0 ¥

Annualized return

4.31 %
Performance at glance (2Q Momentum)

Performance

120.62 %

Latent gain

10038.0 ¥

Invested capital

8322.0 ¥

Annualized return

32.42 %

Momentum equity curve on OKUMA CORPORATION

The following chart shows the equity curve of the two momentum strategies applied to OKUMA CORPORATION:

OKUMA CORPORATION momentum equity

Note: the dividends potentially given by OKUMA CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on OKUMA CORPORATION

The following chart shows the employed capital evolution of the two momentum strategies on OKUMA CORPORATION since the beginning:

OKUMA CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250¥, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000¥.


Buy the dip strategy result on OKUMA CORPORATION

Buy the dip entry openings on OKUMA CORPORATION

OKUMA CORPORATION

The performance achieved by the robo-advisor on OKUMA CORPORATION is 9.48%. That represents 530.0$ of latent gain with 5590.0¥ of employed capital. The following chart shows OKUMA CORPORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of OKUMA CORPORATION, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

9.48 %

Latent gain

530.0 ¥

Invested capital

5590.0 ¥

Annualized return

4.31 %

Equity curve of the strategy applied to OKUMA CORPORATION

The following chart shows the result of the investment strategy applied to OKUMA CORPORATION:

OKUMA CORPORATION

Note: the dividends potentially given by OKUMA CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on OKUMA CORPORATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on OKUMA CORPORATION:

OKUMA CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on OKUMA CORPORATION

In this section, I will compare the three previous investment strategies applied to OKUMA CORPORATION.

Equity curve comparison on OKUMA CORPORATION

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

OKUMA CORPORATION investment strategy comparison

Employed capital comparison on OKUMA CORPORATION

OKUMA CORPORATION investment comparison

Performance comparison on OKUMA CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 28.06% 12068.0¥ 43012.0¥ 6.68%
Momentum 1 quarter 479.91% 15194.0¥ 3166.0¥ 121.19%
Momentum 2 quarters 120.62% 10038.0¥ 8322.0¥ 32.42%
Non-directional 9.48% 530.0¥ 5590.0¥ 4.31%
Annualized return comparison

Automatic investment

6.68 %

Momentum 1Q

32.42 %

Momentum 2Q

32.42 %

Non-directional

4.31 %

Correlated stocks

Here are the most positively and negatively correlated stocks with OKUMA CORPORATION:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between OKUMA CORPORATION and the other stocks. There may be false positives or some missing correlated stocks. If the price of OKUMA CORPORATION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name OKUMA CORPORATION
Country Japan
City Niwa
Address 5-25-1 Shimooguchi
Phone 81 587 95 7823
Website www.okuma.co.jp
FullTime employees 3953
Industry Specialty Industrial Machinery
Sector Industrials
Exchange XTKS
Ticker 6103.XTKS
Market www.jpx.co.jp

OKUMA CORPORATION ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown