Okuma
Okuma manufactures high-performance CNC machine tools, including hybrid systems that combine subtractive machining with laser metal deposition (LMD) for additive manufacturing.
- CEO / Founder
- Atsushi Ieki
- Team Size
- 3,995
- Stage
- Commercial
- Total Funding
- Publicly Traded
- Latest Round
- Undisclosed
- Key Investors
- The Master Trust Bank of Japan, Ltd., Custody Bank of Japan, Ltd.
Technology & Products
Key Products
["Hybrid AM-Subtractive Machines (LASER EX series: MU-8000V, MULTUS U series)","5-Axis Machining Centers","Multitasking Machines","CNC Lathes","Machining Centers (Vertical, Horizontal)","CNC Grinders","OSP-P CNC Controls and Software"]
Technological Advantage
The primary technological advantage is the synergy between their machines and the proprietary OSP control system, which allows for advanced features like the Thermo-Friendly Concept for thermal stability and Collision Avoidance System. Their hybrid additive manufacturing technology provides a significant business advantage by enabling part repair, complex geometry creation, and process consolidation, reducing lead times and costs for customers.
Differentiation
Value Proposition
To be a single-source provider of highly reliable and innovative machine tools, offering both high performance and ease of use through the integration of machines, motors, controls, and software, enabling customers to improve productivity and manufacturing capabilities.
How They Differentiate
Okuma differentiates itself through its 'single-source' responsibility by manufacturing all core components, leading to higher reliability and optimized performance. Unlike competitors who may integrate third-party controls, Okuma's OSP control is tailored to its machines. In the hybrid market, it competes by offering a complete process-intensive solution (subtractive, additive, hardening, grinding) on one platform.
Market & Competition
Target Customers
Manufacturing companies of all sizes, from small job shops to large multinational corporations, in sectors requiring high-precision metal part production.
Industry Verticals
["Aerospace/Defense","Automotive","Industrial Equipment","Medical","Energy","Construction"]
Competitors
DMG Mori; Mazak; Trumpf
Growth & Milestones
Growth Metrics
Net Sales of JPY 223.03 Billion for the fiscal year ended March 31, 2024.
Major Milestones
["1898: Founded as Okuma Noodle Machine Co.","1918: Began manufacturing and selling machine tools.","1963: Developed OSP, the first Japanese-made numerical control (NC).","2013: Opened the 'Dream Site 1' smart factory.","2016: Introduced the LASER EX series of hybrid additive/subtractive machines.","2023: Celebrated 125th anniversary."]
Notable Customers
Microsoft", "American Axle & Manufacturing Holdings