5122
OKAMOTO INDUSTRIES,INC.
オカモト株式会社
Rubber Products
Okamoto Industries, Inc. manufactures and sells industrial and household products in Japan and internationally. It offers industrial products, including plastic films; wallpaper for housing, decorative films, moldable ABS and acrylic sheets, and synthetic leather for furniture; automotive materials; agricultural films/work materials; and food wrapping films, absorbent/dehydrant sheets, gloves, and other food sanitation materials. The company also provides adhesive tapes and rubber bands; flexible container bags; medical/welfare products comprising wound dressing materials, medical gloves, autoclaves, masks, and other sanitary materials; and industrial products, such as cleanroom gloves, adhesive mats for entrances, partition films, safety shoes, and other products. In addition, it offers household products consisting of condoms/lubricants, heat patches/heating pads/hot water bags, health goods, portable sanitary products, and gloves; dehumidifiers, cockroach control products; absorbent/dehydrant sheets, food wrapping films, and sheets for cooking; rubber boots, safety shoes, and marine wear; and leather shoes and sneakers. Further, the company engages in the logistics and solar power generation business. The company was incorporated in 1934 and is headquartered in Tokyo, Japan.
Price
¥5,550
Market Cap
¥96.2B
Ent. Value
¥65.2B
Net Cash
¥31.1B
Shares Out.
17.3M
P / E
19.6×
EV / EBIT
10.4×
P / Book
0.86×
P / NCAV
3.39×
Div. Yield
1.08%
Financials
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥108.0B | ¥109.1B | ¥106.1B | ¥99.1B | ¥89.6B |
| Cost of Sales | ¥86.3B | ¥85.2B | ¥81.7B | ¥77.8B | ¥68.0B |
| Gross Profit | ¥21.8B | ¥23.9B | ¥24.5B | ¥21.3B | ¥21.6B |
| SG&A | ¥15.5B | ¥15.2B | ¥14.4B | ¥14.4B | ¥14.0B |
| Operating Income | ¥6.2B | ¥8.7B | ¥10.0B | ¥6.9B | ¥7.5B |
| Non-Operating Income | ¥2.7B | ¥2.1B | ¥2.3B | ¥1.6B | ¥2.0B |
| Dividend Income | — | ¥1.1B | ¥984M | ¥885M | ¥686M |
| Interest Income | — | ¥87M | ¥76M | ¥45M | ¥34M |
| Non-Operating Expenses | — | ¥996M | ¥298M | ¥614M | ¥212M |
| Interest Expense | — | ¥33M | ¥26M | ¥30M | ¥27M |
| Ordinary Income | ¥8.6B | ¥9.8B | ¥12.1B | ¥7.9B | ¥9.3B |
| Pre-tax Income | ¥7.0B | ¥9.7B | ¥9.5B | ¥7.6B | ¥7.7B |
| Income Taxes | ¥2.1B | ¥3.0B | ¥2.2B | ¥2.4B | ¥2.0B |
| Current Tax | — | ¥2.9B | ¥2.6B | ¥2.5B | ¥2.0B |
| Deferred Tax | — | ¥115M | ¥-417M | ¥-29M | ¥0M |
| Net Income (owners) | ¥4.9B | ¥6.7B | ¥7.4B | ¥4.9B | ¥5.6B |
| Minority Interest | — | ¥30M | ¥-123M | ¥291M | ¥125M |
| Comprehensive Income | — | ¥8.6B | ¥14.8B | ¥8.9B | ¥8.2B |
| EBITDA | ¥9.2B | ¥11.1B | ¥12.7B | ¥9.4B | ¥10.0B |
| EPS | ¥282.84 | ¥383.35 | ¥420.34 | ¥271.06 | ¥301.32 |
| Shares Outstanding | — | 17.3M | 17.5M | 17.6M | 18.3M |
| Shares Issued (total) | — | 17.9M | 18.1M | 18.6M | 19.1M |
| Treasury Shares | — | 0.6M | 0.6M | 1.0M | 0.8M |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥164.2B | ¥146.1B | ¥143.9B | ¥127.2B | ¥117.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥81.9B | ¥89.3B | ¥85.5B | ¥78.4B | ¥73.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥34.3B | ¥41.3B | ¥39.9B | ¥34.2B | ¥33.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | — | ¥17.0B | ¥18.5B | ¥17.4B | ¥15.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥82.2B | ¥56.8B | ¥58.4B | ¥48.8B | ¥44.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥25.0B | ¥21.8B | ¥20.6B | ¥21.0B | ¥19.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | — | ¥2.6B | ¥1.9B | ¥1.1B | ¥642M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥54.4B | ¥31.0B | ¥33.2B | ¥23.9B | ¥22.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | — | ¥180M | ¥183M | ¥156M | ¥138M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥53.5B | ¥51.7B | ¥52.3B | ¥48.1B | ¥42.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥33.7B | ¥36.9B | ¥37.0B | ¥36.3B | ¥30.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | — | ¥23.9B | ¥25.0B | ¥23.6B | ¥20.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥3.1B | ¥2.3B | ¥2.2B | ¥3.3B | ¥2.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | — | ¥1.5B | ¥1.5B | ¥1.1B | ¥724M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥19.9B | ¥14.7B | ¥15.3B | ¥11.7B | ¥11.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥100M | ¥1.0B | ¥1.1B | ¥100M | ¥1.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | — | ¥6.5B | ¥7.3B | ¥7.2B | ¥7.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | — | ¥6.5B | ¥6.1B | ¥3.7B | ¥2.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥110.6B | ¥94.5B | ¥91.6B | ¥79.1B | ¥74.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | — | ¥13.0B | ¥13.0B | ¥13.0B | ¥13.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | — | ¥1.3B | ¥567M | ¥555M | ¥555M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥60.8B | ¥58.9B | ¥55.6B | ¥52.1B | ¥51.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | — | ¥-2.7B | ¥-2.4B | ¥-4.1B | ¥-3.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | — | ¥23.8B | ¥21.9B | ¥14.4B | ¥10.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥72.1B | ¥70.5B | ¥66.8B | ¥61.6B | ¥61.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | — | ¥107M | ¥2.9B | ¥3.1B | ¥3.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥3.2B | ¥3.3B | ¥3.4B | ¥3.4B | ¥3.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥31.1B | ¥38.0B | ¥36.5B | ¥30.8B | ¥29.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥28.4B | ¥37.7B | ¥33.2B | ¥30.3B | ¥30.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | — | ¥2,173 | ¥1,893 | ¥1,720 | ¥1,658 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | — | ¥4,068 | ¥3,807 | ¥3,500 | ¥3,351 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥5.7B | ¥7.2B | ¥13.0B | ¥8.3B | ¥10.6B |
| Interest Paid | — | ¥-32M | ¥-26M | ¥-30M | ¥-27M |
| Interest Received | — | ¥1.2B | ¥1.0B | ¥1.2B | ¥720M |
| D&A | ¥2.9B | ¥2.4B | ¥2.7B | ¥2.5B | ¥2.4B |
| Investing CF | ¥-8.7B | ¥-2.0B | ¥-5.9B | ¥-2.9B | ¥-3.8B |
| Purchase Investments | — | ¥-28M | ¥-32M | ¥-19M | ¥-318M |
| Proceeds from Invest. | — | ¥1.5B | ¥47M | ¥55M | ¥295M |
| Financing CF | ¥-3.5B | ¥-5.7B | ¥-2.5B | ¥-5.6B | ¥-3.8B |
| Dividends Paid | — | ¥-2.4B | ¥-1.9B | ¥-2.0B | ¥-1.9B |
| Share Buybacks | — | ¥-1.0B | ¥-319M | ¥-2.7B | ¥-1.7B |
| LT Debt Repaid | — | ¥-12M | ¥-1.0B | ¥-284M | ¥-79M |
| Free Cash Flow | ¥5.7B | ¥7.2B | ¥13.0B | ¥8.3B | ¥10.6B |
| Net Change in Cash | — | ¥917M | ¥5.1B | ¥806M | ¥3.8B |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 4.7% | 7.3% | 9.0% | 6.6% | 8.0% |
| ROA | 3.1% | 4.6% | 5.5% | 4.0% | 4.7% |
| EPS | ¥282.84 | ¥383.35 | ¥420.34 | ¥271.06 | ¥301.32 |
| DPS | ¥60.00 | ¥120.00 | ¥135.00 | ¥110.00 | ¥105.00 |
| BPS | ¥6,467.02 | ¥5,442.79 | ¥5,054.09 | ¥4,316.20 | ¥3,932.69 |
| FCF/Share | — | ¥418 | ¥739 | ¥472 | ¥581 |
| NCAV/Share | — | ¥2,173 | ¥1,893 | ¥1,720 | ¥1,658 |
| Payout Ratio | 21.2% | 31.3% | 32.1% | 40.6% | 34.8% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 3
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社
|
1,494 | 8.62% |
| 2 |
Meiji Yasuda Life Insurance
明治安田生命保険相互会社
|
1,485 | 8.57% |
| 3 | 丸紅株式会社 | 1,442 | 8.32% |
| 4 |
Mizuho Bank
株式会社みずほ銀行
|
863 | 4.98% |
| 5 | 有限会社八幡興産 | 706 | 4.07% |
| 6 | やよい会 | 646 | 3.73% |
| 7 | BNP PARIBAS MADRID/2S/JASDEC/SPANISH RESIDENTS/UCITS ASSETS(常任代理人 香港上海銀行東京支店 カストディ業務部) | 519 | 3.00% |
| 8 |
Sompo Japan Insurance Inc.
損害保険ジャパン株式会社
|
488 | 2.82% |
| 9 |
Japan Custody Bank
株式会社日本カストディ銀行
|
449 | 2.59% |
| 10 |
Employee Stock Ownership Plan
オカモトグループ社員持株会
|
304 | 1.76% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
11.2%
+1.1% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
37.2%
+0.7% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 48.5% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 8.35% | 7.52% | 8.62% +1.10% | |
| Meiji Yasuda Life Insurance 明治安田生命保険 | 8.43% | 8.47% | 8.57% +0.10% | |
| 丸紅 | 8.19% | 8.22% | 8.32% +0.10% | |
| Mizuho Bank みずほ銀行 | 4.99% | 4.99% | 4.98% -0.01% | |
| 限会社八幡興産 | 4.01% | 4.03% | 4.07% +0.04% | |
| やよい会 | 3.71% | 3.60% | 3.73% +0.13% | |
| BNP PARIBAS MADRID/2S/JASDEC/SPANISH RESIDENTS/UCITS ASSETS NEW ENTRY | — | — | — | 3.00% NEW |
| Sompo Japan Insurance Inc. 損害保険ジャパン | 2.78% | 2.79% | 2.82% +0.03% | |
| Japan Custody Bank 日本カストディ銀行 | 2.72% | 2.61% | 2.59% -0.02% | |
| Employee Stock Ownership Plan オカモトグループ社員持株会 | 1.96% | 1.78% | 1.76% -0.02% | |
| INVERSIS / IICS JAPAN last seen 2024 | Exited Top 10 | 2.95% | 2.66% | — |
| Concentration (HHI) ⓘ | 290 | 275 | 299 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥30,541M
+39% since 2023
Holdings
38
+1 new
8 exited
Trend
8 building
vs 2023
| Held Company | FY2025 ¥30,541M total | FY2023 ¥21,926M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Marubeni Corporation
丸紅㈱
|
10,498 |
4,412,000
|
7,921 | 4,412,000 | M |
| テイ・エステック㈱ | 4,623 |
2,752,000
|
4,620 | 2,752,000 | M |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
4,569 |
1,127,886
|
2,118 | 1,127,886 | |
|
Sompo Holdings, Inc.
SOMPOホールディングス㈱
|
2,980 |
+200.0%
↑
659,250
|
1,154 | 219,750 | |
|
Tokyo Tatemono Co., Ltd.
東京建物㈱
|
2,253 |
892,139
|
1,440 | 892,139 | M |
|
Mitsuuroko Group Holdings Co.,Ltd.
㈱ミツウロコグループホールディングス
|
1,110 |
620,000
|
801 | 620,000 | M |
|
Hulic Co.,Ltd.
ヒューリック㈱
|
759 |
528,532
|
574 | 528,532 | M |
|
MITSUBISHI PENCIL CO.,LTD.
三菱鉛筆㈱
|
602 |
237,700
|
386 | 237,700 | M |
|
Inabata & Co., Ltd.
稲畑産業㈱
|
500 |
158,000
|
424 | 158,000 | M |
|
ZEON CORPORATION
日本ゼオン㈱
|
448 |
300,000
|
419 | 300,000 | M |
|
Riken Vitamin Co., Ltd.
理研ビタミン㈱
|
442 |
182,800
|
351 | 182,800 | M |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
415 |
206,500
|
175 | 206,500 | |
|
taisei corporation
大成建設㈱
|
198 |
30,000
|
122 | 30,000 | M |
|
Dainichiseika Color & Chemicals Mfg. Co., Ltd.
大日精化工業㈱
|
192 |
64,000
|
114 | 64,000 | M |
|
HONDA MOTOR CO., LTD.
本田技研工業㈱
|
166 |
+244.4%
↑
124,029
|
126 | 36,012 | |
|
KANEKA CORPORATION
㈱カネカ
|
108 |
28,460
|
98 | 28,460 | M |
|
SUMITOMO CHEMICAL COMPANY, LIMITED
住友化学㈱
|
102 |
284,603
|
126 | 284,603 | |
|
Seven & i Holdings Co., Ltd.
㈱セブン&アイ・ホールディングス
|
96 |
+217.9%
↑
44,579
|
83 | 14,024 | |
|
MS&AD Insurance Group Holdings, Inc.
MS&ADインシュアランスグループホールディングス㈱
|
79 |
+200.0%
↑
24,723
|
33 | 8,241 | |
|
OLYMPUS CORPORATION
オリンパス㈱
|
77 |
40,000
|
92 | 40,000 | |
|
AEON Co.,Ltd.
イオン㈱
|
66 |
+2.8%
↑
17,821
|
44 | 17,335 | |
|
Sangetsu Corporation
㈱サンゲツ
|
52 |
18,200
|
40 | 18,200 | |
|
FUJI LATEX CO.,LTD.
不二ラテックス㈱
|
46 |
26,800
|
52 | 26,800 | M |
|
SUGI HOLDINGS CO.,LTD.
スギホールディングス㈱
|
33 |
+200.0%
↑
12,000
|
22 | 4,000 | |
|
WORKMAN CO.,LTD.
㈱ワークマン
|
33 |
8,000
|
44 | 8,000 | |
|
ARCLANDS CORPORATION
アークランズ㈱
|
30 |
18,600
|
27 | 18,600 | |
|
TACHI-S CO.,LTD.
㈱タチエス
|
22 |
13,000
|
15 | 13,000 | |
|
Nippon Pigment Holdings Company Limited
㈱日本ピグメントホールディングス
|
12 |
NEW
New
4,000
|
— | M | |
|
Sun A.Kaken Company,Limited
㈱サンエー化研
|
11 |
20,000
|
9 | 20,000 | M |
|
Nissha Co., Ltd.
NISSHA㈱
|
10 |
+16.7%
↑
7,421
|
11 | 6,360 | |
|
Maruo Calcium Co., Ltd.
丸尾カルシウム㈱
|
5 |
4,200
|
5 | 4,200 | M |
|
ARATA CORPORATION
㈱あらた
|
3 |
+100.0%
↑
1,220
|
2 | 610 | |
|
DCM Holdings Co.,Ltd.
DCMホールディングス㈱
|
1 |
1,400
|
1 | 1,400 | |
|
LIHIT LAB.,INC.
㈱リヒトラブ
|
— | — | |||
|
Carlit Co.,Ltd.
カーリット㈱
|
— | — | |||
|
United Super Markets Holdings Inc.
ユナイテッド・スーパーマーケット・ホールディングス㈱
|
— | — | |||
|
Achilles Co., Ltd.
アキレス㈱
|
— | — | M | ||
| セメダイン㈱ | — | — | |||
|
Nishimatsu Construction Co., Ltd.
西松建設㈱
|
— |
−100%
Exit
—
|
241 | 70,600 | M |
|
CB GROUP MANAGEMENT Co., Ltd
CBグループマネジメント㈱
|
— |
−100%
Exit
—
|
56 | 15,191 | M |
|
Joban Kosan Co.,Ltd.
常磐興産㈱
|
— |
−100%
Exit
—
|
20 | 16,500 | M |
|
Kousoku Co., Ltd.
㈱高速
|
— |
−100%
Exit
—
|
8 | 4,400 | |
| カーリットホールディングス㈱ | — |
−100%
Exit
—
|
115 | 167,000 | M |
|
CHIYODA CO.,LTD
㈱チヨダ
|
— |
−100%
Exit
—
|
24 | 30,000 | M |
| 日本ピグメント㈱ | — |
−100%
Exit
—
|
9 | 4,000 | M |
|
inageya co.,ltd.
㈱いなげや
|
— |
−100%
Exit
—
|
4 | 3,120 | |
| Portfolio total | 30,541 | 21,926 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding