- CEO
- Yoshiyuki Murai
- Full Time Employees
- 283
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- 2-1-8 Marunouchi Nagoya AI Japan 460-0002
- IPO Date
- Mar 23, 1995
- Business
- Otake Corporation Otake Corporation (7434:JP) engages in the sale and distribution of piping materials, plumbing equipment, housing supplies, and air conditioning components primarily serving industrial, chemical, construction, and residential sectors in Japan. The company offers a comprehensive range of products including valves such as temperature control valves, automatic pneumatic valves, PVC valves, cast iron valves, and sight glass; fittings, pipes, and refrigerant piping; meters, gauges, and support hardware; plumbing machine tools; housing equipment supplies like water faucets, pod tubes, and wonder tubes; as well as specialized items such as polyurea coatings, mouse shields, and expansion joints used in factory production processes for supplying heavy oils and energy, cooling and cleaning water, transporting beverages and chemicals, and exhausting steam and gas. Founded in 1946 and headquartered in Nagoya, Japan, Otake Corporation operates through its Piping Materials business segment, supporting infrastructure needs in chemical plants, general construction, sewerage systems, electric machine operations, and everyday residential applications. In recent developments, the company completed an equity buyback program announced in October 2024, repurchasing 97,100 shares representing 2.42% of its capital for approximately ¥190 million, reflecting ongoing capital management strategies amid stable financial performance with fiscal year net income around ¥855 million. Otake Corporation maintains a workforce of approximately 270 employees and continues to focus on procurement capabilities and proposal-driven growth in the building products and wholesale distribution industry.