OKM

Basic Information

Stock Code
6229
Industry
Machinery
Category Detail
Iron, Steel & Metal Products
Prefecture
Shiga Prefecture
Establishment Year
May 1962
Listing Year
December 2020
Official Website
https://www.okm-net.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Technoflex, Kurimoto Iron Works, Asaka Kogyo, Nito Koki, Sansei, Eagle Industry, Yoshitake, PILLAR, Okano Valve Manufacturing, Nakakita Seisakusho, Hamai, KITZ

Overview

OKM is a valve specialist manufacturer in the machinery industry based in Shiga Prefecture, established in 1962. For half a century, it has provided more than 100,000 types of diverse valves and earned high acclaim for its environmentally responsive technologies.

Current Situation

In the fiscal year ended March 2023, OKM derived more than 50% of its consolidated sales from valves for marine and land-based markets, with overseas sales accounting for approximately 25%. Its flagship butterfly valves boast strong competitiveness in the industry due to high technological capabilities and customization options. In recent years, the company has focused on valves compliant with marine exhaust gas regulations and valves for ballast water treatment systems, contributing to environmental conservation. Selected as one of the Ministry of Economy, Trade and Industry's Top 100 Global Niche Top Companies in 2020, it is strengthening research and development. It has obtained ISO9001 and ISO27001 certifications, emphasizing quality and information management. Amid recovery from the COVID-19 pandemic, it is accelerating new market development and overseas business expansion. From 2025 onward, it aims to expand into next-generation energy fields such as large-diameter butterfly valves for liquefied hydrogen. Additionally, listing on the stock market has enhanced its fundraising capabilities to pursue stable growth.

Trivia

Interesting Facts

  • Has a history originating from a manufacturer founded in 1902, later transformed into a valve specialist
  • Capable of providing over 100,000 customized products
  • Recognized as a Ministry of Economy, Trade and Industry Global Niche Top Company
  • Domestic top-class market share in marine exhaust gas valves
  • Contributes to decarbonization through proprietary eco-technologies
  • Holds both ISO9001 and ISO27001 certifications
  • Owns manufacturing subsidiaries in Malaysia and China
  • Expanding in Asian markets with a representative office in South Korea
  • Strengthening growth base amid rising demand for marine valves
  • Leads niche markets with high-performance knife gate valves
  • Utilizing government subsidies for liquefied hydrogen valve development
  • Regional future-leading company headquartered in a provincial Japanese city
  • President Shinichi Okumura is from the founding family
  • Accumulated manufacturing expertise provides strong competitive edge
  • Focus on quality and information management through ISO certifications

Hidden Connections

  • Maintains technical partnerships across diverse industries including semiconductor makers and shipbuilders
  • Conducts numerous R&D projects recognized by the Ministry of Economy, Trade and Industry
  • Aggressively entering international markets despite being a Japanese regional SME
  • Pioneered marine exhaust gas purification technology ahead of SDGs promotion
  • Proprietary technology and high customization differentiate from major competitors
  • Builds market entry barriers using design and manufacturing method patents
  • Ensures financial stability through close ties with regional financial institutions
  • High ratio of engineers per employee supports strong R&D capabilities

Future Outlook

Growth Drivers

  • Increasing demand for marine and energy products compliant with decarbonization society
  • Expansion of high-function valve demand due to stricter environmental regulations
  • Overseas market growth and strengthened global network
  • Accelerated launch of new technologies and products through R&D
  • Enhanced product value via digitalization and IoT integration
  • Rapid customization response to diverse customer needs

Strategic Goals

  • Expand share in global niche top markets
  • Establish technology leadership in next-generation energy fields like liquefied hydrogen
  • Raise ratio of eco-friendly products to over 70%
  • Increase overseas sales ratio to over 35%
  • Achieve sustainable manufacturing processes and 50% CO2 emission reduction
  • Improve production efficiency by 30% through digital technologies

Business Segments

Marine and Offshore Valves

Overview
Handles manufacturing and sales of decarbonization-compliant and environmentally regulated valves for marine applications.
Competitiveness
Environmental compliance through high durability and advanced functionality
Customers
  • Shipbuilders
  • Shipping companies
  • Offshore plant operators
  • Environmental regulatory bodies
Products
  • Marine exhaust gas valves
  • Ballast water treatment valves
  • Seawater corrosion-resistant valves

Industrial Plant Valves

Overview
Provides valves for fluid control in various industrial plants.
Competitiveness
Niche adaptability through diverse materials and customization
Customers
  • Chemical plants
  • Petrochemical manufacturers
  • Steel producers
  • Power plant operators
  • Water treatment facilities
Products
  • Butterfly valves
  • Knife gate valves
  • Pinch valves
  • Special material valves

Building Equipment Valves

Overview
Proposes highly reliable valves for building HVAC and piping systems.
Competitiveness
Long-life design and construction support
Customers
  • General contractors
  • HVAC companies
  • Commercial facility owners
Products
  • Butterfly valves
  • Water supply valves

Semiconductor Equipment Valves

Overview
Manufactures high-precision, clean-compatible valves for semiconductor equipment.
Competitiveness
Advanced precision manufacturing technology
Customers
  • Semiconductor equipment manufacturers
  • Electronic component makers
Products
  • Ultra-precision valves
  • Special material valves

Food Processing Valves

Overview
Supplies wash-resistant valves compliant with food safety standards.
Competitiveness
Hygienic design and high durability
Customers
  • Food factory operators
  • Beverage manufacturers
Products
  • Sanitary valves
  • Pinch valves

Energy and Environmental Valves

Overview
Develops and provides special valves for next-generation energy.
Competitiveness
Cutting-edge materials and standards compliance
Customers
  • Renewable energy companies
  • Hydrogen energy businesses
  • Environmental equipment manufacturers
Products
  • Large-diameter liquefied hydrogen valves
  • Eco-friendly valves

Competitive Advantage

Strengths

  • Long-standing valve expertise and extensive product lineup
  • Advanced customization capabilities
  • Pioneering efforts in environmental compliance
  • Established domestic and international production and sales bases
  • Quality and information management systems via ISO certifications

Competitive Advantages

  • Customization of over 100,000 product types
  • Niche top player in marine exhaust gas regulation compliance
  • Global sales network
  • Provision of environmentally sustainable products
  • Proven R&D framework with METI recognition

Threats

  • Price pressures from intense international competition
  • Impact of raw material price fluctuations
  • R&D burdens from evolving environmental regulations
  • Market shifts due to new technologies and substitutes
  • Political and economic risks in overseas markets

Innovations

2023: Development of Large-Diameter Butterfly Valve for Liquefied Hydrogen

Overview
Developed a new-generation valve for safe control of liquefied hydrogen, supporting expansion in the energy market.
Impact
Promotes new customer acquisition and market entry

2022: Improvement of Eco-Friendly Marine Exhaust Gas Valves

Overview
Revamped valve design to improve exhaust gas purification efficiency, contributing to reduced environmental impact.
Impact
Enhances customer satisfaction and market share

2021: IoT Integration for Smart Valves

Overview
Enabled remote monitoring and predictive maintenance with IoT-enabled valves, improving operational efficiency.
Impact
Creates new service models

2020: Certification for Ballast Water Treatment Valves

Overview
Obtained international certification for ballast water treatment valves compliant with marine environmental protection.
Impact
Strengthens competitiveness in global markets

Sustainability

  • Promotion of environmentally protective valve development
  • Reduction of CO2 emissions in manufacturing processes
  • Improvement of waste recycling rates
  • Expansion of sustainable material adoption
  • Collaboration with local communities on environmental protection activities