type public kk traded as tyo 6103 industry machinery founded nagoya january 1898 ; 118 years ago 1898 01 founder eiichi okuma headquarters guchi aichi 480 0193 japan area served worldwide key people yoshimaro hanaki president and ceo products lathes machining centers multitasking machines grinders cnc controls factory automation products revenue us 1.305 billion fy 2013 jpy 134.35 billion fy 2013 net income us 77.22 million fy 2013 jpy 7.94 billion fy 2013 number of employees 3 303 consolidated as of june 2014 website official website footnotes references 1 okuma corporation okuma kabushiki gaisha is a machine tool builder based in oguchi cho aichi prefecture japan . it has global market share in cnc machine tools such as cnc lathes machining centers and turn mill machining centers . the company also offers fa factory automation products and servomotors . 2 it is listed on the tokyo stock exchange and is a component of the nikkei 225 stock index . 3 contents 1 history 2 technological development 3 references 4 external links history edit this section needs expansion . you can help by adding to it . april 2013 the company was founded in 1898 as the okuma noodle machine co. to manufacture and sell noodle making machines . eiichi okuma the founder of the original company was working on how to make udon more effectively . he was using lathe to make sticks that has an important role in cutting the udon noodle . but the lathes used in those days in japan were of poor precision . this was one of big reasons which convinced okuma to start making machine tools . 4 in 1918 eiichi established okuma machinery works ltd. and started selling the os lathe . os lathe in 1918 . okuma is a machine tool builder with a history of more than 100 years . lathes were the main product category in the early days of company . the line now includes many cnc machine tools including lathes machining centers mills multitasking turn mill machines and grinding machines . okuma s double column machining center has a large market share in japan . technological development edit most machine tool builders source their cnc controls from partners such as fanuc mitsubishi electric siemens and heidenhain . several builders have developed their own cnc controls over the years including mazak okuma haas and others but okuma is unusual among machine tool builders for the degree to which it designs and builds all of its own hardware software and machine components . this is the company s single source philosophy . okuma s cnc control is called the osp series . it offers closed loop positioning via its absolute position feedback system . the osp name began as an abbreviation for okuma sampling pathcontrol . in an industry that pushes hard for continual technological innovation okuma has often been an innovative leader . for example it has been among the leaders of development for thermal compensation and collision avoidance . thermal compensation is designing the machine elements and control to minimize the dimensional distortion that results from the heat generated by machining . this is done both by preventing heat buildup for example flowing coolant through machine elements formerly not cooled and by detecting and compensating for temperature rises when they occur for example monitoring temperature with a sensor and using the sensor s output signal as input to the control logic . collision avoidance is designing the machine to predict and prevent interference for example having the machine know the form and location of all fixturing so that it can foresee a crash and stop its own movement before crashing . recent innovation includes technology to avoid chatter both by predicting and preventing it and by early automatic detection and correction via dynamic changes of speeds and feeds when it does occur . references edit corporate profile . okuma corporation . retrieved march 26 2015 . company snapshot . bloomberg businessweek . retrieved march 26 2015 . components nikkei stock average . nikkei inc. retrieved march 26 2015 . christian berggren ; masami nomura 1997 . the resilience of corporate japan new competitive strategies and personnel practices . sage publications . p. 151 . isbn 978 1 85396 309 4 . external links edit japan portal engineering portal companies portal official corporate homepage english okuma global okuma on facebook okuma at google finance v t e nikkei 225 companies of japan 7 & i advantest on agc ajinomoto alps ana amada aozora bank asahi breweries asahi kasei astellas bridgestone canon casio chiba bank chiyoda chuden chugai citizen comsys concordia financial credit saison dai ichi life daiichi sankyo daikin dainippon screen dainippon sumitomo pharma daiwa house daiwa securities denka denso dentsu dnp dowa ebara eisai fanuc fast retailing fuji electric fuji heavy industries fujifilm fujikura fujitsu fukuoka financial furukawa co. ltd. furukawa electric gs yuasa heiwa real estate hino hitachi hitachi construction machinery hitz hokuetsu paper honda ihi inpex isetan mitsukoshi isuzu itochu jfe j. front retailing jgc jr central jr east jr west jsw jt jtekt jx kajima kepco kao kawasaki kddi keio keisei kikkoman kirin k line kobelco komatsu konami konica minolta kubota kuraray kyocera kyowa hakko kirin marubeni maruha nichiro marui matsui securities mazda meidensha meiji holdings mes minebea mitsubishi chemical mitsubishi corporation mitsubishi electric mitsubishi estate mitsubishi heavy industries mitsubishi logistics mitsubishi materials mitsubishi motors mitsui & co. mitsui chemicals mitsui fudosan mitsui kinzoku mitsumi electric mizuho mol ms & ad mufg nec neg ngk nichirei nikon nippon express nippon kayaku nippon light metal nippon ham nippon paper industries nippon soda nippon suisan nissan nissan chemical nisshin seifun nisshin steel nisshinbo nittobo nitto denko sompo japan nipponkoa holdings nomura nsg nsk nssmc ntn ntt ntt data ntt docomo nyk obayashi odakyu oji holdings corporation oki okuma olympus osaka gas pacific metals panasonic pioneer resona ricoh sapporo holdings secom sekisui house sharp shimz shin etsu shinsei bank shionogi shiseido shizuoka bank showa denko showa shell sky perfect jsat softbank sojitz sony sony financial sumco sumitomo chemical sumitomo corporation sumitomo electric sumitomo heavy industries sumitomo metal mining sumitomo mitsui financial sumitomo mitsui trust sumitomo osaka cement sumitomo realty suzuki t & d taiheiyo cement taisei taiyo yuden takara takashimaya takeda tdk teijin tepco terumo tobu toho toho zinc tokai carbon tokuyama corporation toyo seikan tokio marine tokyo dome tokyo electron tokyo gas tokyo tatemono tokyu tokyu land toppan toray toshiba tosoh toto toyobo toyota toyota tsusho trend micro ube unitika uny yahoo japan yamaha yamato transport yasakawa yokogawa electric yokohama rubber retrieved from https en.wikipedia.org w index.php title okuma corporation & oldid 719066356 categories nikkei 225companies of japanmachine tool buildersmanufacturing companies of japanmultinational companies headquartered in japancompanies established in 1898companies based in aichi prefecturecompanies listed on the tokyo stock exchange1898 establishments in japanscience and technology in japanjapanese brandshidden categories use mdy dates from march 2015articles containing japanese language textarticles to be expanded from april 2013all articles to be expandedarticles using small message boxes navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 7 may 2016 at 11 30 . text is available under the creative commons attribution sharealike license ; 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