Okamura Corporation
OKAMF
Other OTC13.84
USD
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Okamura Corporation
OKAMF
(Other OTC)
Recent
price
13.84
P/E
ratio
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div
yld
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ROIC.AI
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- Business
- Okamura Corporation manufactures and sells office furniture, store displays, material handling systems, and powertrain components; it provides contracting services for metal fitting installations, auxiliary construction works, security systems, and medical equipment design and sales, as well as consulting on office environment improvements and production efficiency enhancements. The company, founded in October 1945 and headquartered at 2-7-18 Kitasaiwai, Nishi-ku, Yokohama, Japan, operates primarily in Japan with production bases including Oppama, Takahata, Tsukuba, Kansai, Fuji, Gotemba, Suzaka, Nakai, and Tsurumi, and maintains an international presence through subsidiaries and partnerships in Asia, Europe, and North America, such as Siam Okamura Steel in Thailand, Hangzhou Okamura Transmission in China, and recent establishments like Zhejiang Hangcha Okamura and Shanghai Okamura Architecture. Core offerings encompass ergonomic office seating including Contessa Seconda, Cynara, and Sphere; desking systems like Lives and Swift; partitioning and storage solutions; lounge and conference furniture; multiple unit display systems, refrigerated showcases such as Fontana-Neo, and specialized fixtures for retail environments including supermarkets, drugstores, and apparel stores; automated storage and retrieval systems like CYBISTOR 2 and AutoStore; robotic solutions including ORV autonomous mobile robots and RightPick piece-picking systems; torque converters and transmissions for forklifts, snow removal vehicles, and construction equipment; plus total logistics support from software development to after-sales service. In its office furniture segment, Okamura targets diverse workspaces from corporate offices and educational institutions to healthcare facilities, cultural venues, and government buildings, emphasizing functional, sustainable designs that support hybrid work styles; store displays cater to retailers needing adaptable layouts with backroom equipment; material handling systems streamline factory and warehouse logistics for enhanced speed, accuracy, and safety; and powertrain products serve industrial and construction vehicle manufacturers requiring customized, high-quality components under rigorous quality control. Recent developments include the March 2025 acquisition of UK-based Boss Design Limited, a premium office furniture maker specializing in lounge seating (Amelia, Paloma), chairs (Sia), tables (Sol), work booths (Frida), and storage, to bolster Okamura's overseas loose furniture lineup and expand in UK, European, and US markets through localized production and sales synergies; product awards such as German Design Award 2026 for Floris and Abilis, Red Dot Design Award 2025 for Abilis, and iF Design Award 2025 for NeoCon exhibit; sustainability milestones like Declare Label and Level 3 certification for Contessa Seconda, CYNARA, and Up-Ring seating, CDP A List for climate change for two years, and ESG Finance Awards Japan 2025 special award; and operational enhancements including solar power at Gotemba Plant since 2023 and Siam Okamura Steel achieving Level 2 certification in ASEAN.