6294
OKADA AIYON CORPORATION
オカダアイヨン株式会社
Machinery
Okada Aiyon Corporation engages in the manufacture, sale, and repair of construction machines in Japan. It offers hydraulic breakers; demolition pulverizers; demolition crusher/shear, including cross cutters, cutters, and primary crushers; recycling attachment, such as grapples, clean and wood cutters, and screening bucket; coupler; and secondhand attachments. The company was formerly known as OKADA Rock Drill Co. and changed its name to Okada Aiyon Corporation in 1983. Okada Aiyon Corporation was founded in 1938 and is headquartered in Osaka, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥26.6B
¥27.1B
¥23.6B
¥20.3B
Cost of Sales
¥18.7B
¥18.9B
¥16.8B
¥14.3B
Gross Profit
¥7.9B
¥8.1B
¥6.8B
¥6.0B
SG&A
¥5.6B
¥5.4B
¥4.8B
¥4.2B
Operating Income
¥2.3B
¥2.7B
¥2.0B
¥1.8B
Non-Operating Income
¥169M
¥311M
¥85M
¥107M
Dividend Income
¥22M
¥11M
¥12M
¥8M
Interest Income
¥20M
¥21M
¥5M
¥5M
Non-Operating Expenses
¥210M
¥216M
¥89M
¥70M
Interest Expense
¥164M
¥140M
¥63M
¥42M
Ordinary Income
¥2.2B
¥2.8B
¥2.0B
¥1.8B
Pre-tax Income
¥2.2B
¥2.7B
¥2.1B
¥1.8B
Income Taxes
¥713M
¥829M
¥661M
¥576M
Current Tax
¥636M
¥897M
¥688M
¥634M
Deferred Tax
¥77M
¥-68M
¥-27M
¥-58M
Net Income (owners)
¥1.5B
¥1.9B
¥1.4B
¥1.2B
Comprehensive Income
¥1.8B
¥2.4B
¥1.7B
¥1.4B
EBITDA
¥2.9B
¥3.4B
¥2.5B
¥2.3B
Goodwill Amort. (J-GAAP)
¥46M
¥43M
¥24M
¥42M
EPS
¥183.46
¥235.07
¥176.33
¥148.63
Shares Outstanding
8.0M
8.0M
8.0M
8.0M
Shares Issued (total)
8.4M
8.4M
8.4M
8.4M
Treasury Shares
0.3M
0.3M
0.4M
0.4M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥36.0B
¥34.0B
¥30.6B
¥25.5B
Current Assets
¥24.5B
¥23.5B
¥20.6B
¥16.4B
Cash & Deposits
¥4.8B
¥4.5B
¥3.1B
¥3.6B
Trade Receivables
¥3.9B
¥3.9B
¥4.4B
¥3.4B
Non-Current Assets
¥11.5B
¥10.5B
¥10.0B
¥9.1B
PP&E
¥9.8B
¥8.7B
¥8.2B
¥7.6B
Goodwill
¥135M
¥173M
¥192M
¥21M
Intangible Assets
¥414M
¥478M
¥662M
¥449M
Investment Securities
¥523M
¥513M
¥362M
¥353M
Deferred Tax Assets
¥379M
¥468M
¥398M
¥378M
Total Liabilities
¥18.8B
¥18.0B
¥16.6B
¥13.0B
Current Liabilities
¥15.7B
¥16.1B
¥13.9B
¥9.6B
Accounts Payable
¥1.6B
¥4.7B
¥4.2B
¥4.1B
ST Debt
¥10.1B
¥9.1B
¥7.3B
¥3.6B
Taxes Payable
¥308M
¥457M
¥345M
¥389M
Non-Current Liabilities
¥3.1B
¥1.9B
¥2.7B
¥3.3B
Total LT Borrowings
¥2.3B
¥1.1B
¥2.0B
¥2.6B
Pension Obligations
¥513M
¥562M
¥554M
¥550M
Total Equity
¥17.2B
¥16.0B
¥14.0B
¥12.5B
Capital Stock
¥2.2B
¥2.2B
¥2.2B
¥2.2B
Capital Surplus
¥2.3B
¥2.3B
¥2.3B
¥2.3B
Retained Earnings
¥11.7B
¥10.8B
¥9.2B
¥8.1B
Treasury Stock
¥-221M
¥-230M
¥-237M
¥-242M
AOCI
¥1.2B
¥898M
¥428M
¥177M
Equity (owners)
¥16.0B
¥15.1B
¥13.5B
¥12.3B
Total Interest-Bearing Debt ⓘ
¥12.5B
¥10.3B
¥9.3B
¥6.2B
Net Cash ⓘ
¥-7.6B
¥-5.8B
¥-6.2B
¥-2.6B
NCAV ⓘ
¥5.7B
¥5.5B
¥4.0B
¥3.5B
NCAV/Share
¥714
¥684
¥496
¥433
BV/Share
¥1,992
¥1,880
¥1,684
¥1,540
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥-8M
¥2.0B
¥-658M
¥970M
Interest Paid
¥-168M
¥-142M
¥-63M
¥-41M
Interest Received
¥40M
¥31M
¥16M
¥14M
D&A
¥607M
¥592M
¥494M
¥441M
Goodwill Amort.
¥46M
¥43M
¥24M
¥42M
Investing CF
¥-1.1B
¥-1.3B
¥-2.6B
¥-1.6B
CapEx
¥1.2B
¥762M
¥1.0B
¥1.6B
Purchase Investments
—
¥-1M
—
¥-24M
Proceeds from Invest.
¥9M
¥4M
¥1M
—
Financing CF
¥1.5B
¥383M
¥2.8B
¥-112M
Dividends Paid
¥-561M
¥-305M
¥-256M
¥-232M
Share Buybacks
¥-0M
¥-0M
¥-0M
—
LT Debt Repaid
¥-950M
¥-722M
¥-1.0B
¥-744M
Free Cash Flow
¥-1.2B
¥1.2B
¥-1.7B
¥-582M
Net Change in Cash
¥373M
¥1.2B
¥-478M
¥-700M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
8.9%
12.6%
10.7%
10.0%
ROA
4.2%
5.8%
5.0%
4.7%
EPS
¥183.46
¥235.07
¥176.33
¥148.63
DPS
¥74.00
¥70.00
¥38.00
¥32.00
BPS
¥2,140.61
¥1,991.53
¥1,736.90
¥1,561.64
FCF/Share
¥-153
¥155
¥-212
¥-73
NCAV/Share
¥714
¥684
¥496
¥433
Payout Ratio
40.3%
29.8%
21.6%
21.5%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 7
Date Activist Stake Event Flag Demands Source
2025-12-17
APIP, Inc.
18.01%
initial_5pct
Passive
—
2025-10-07
Sumitomo Mitsui DS Asset Management Company, Limited
4.75%
-1.29%
change
Passive
—
2025-03-24
Sumitomo Mitsui DS Asset Management Company, Limited
6.04%
-1.08%
change
Passive
—
2025-02-21
SBI Asset Management Co., Ltd.
5.26%
initial_5pct
Passive
—
2024-08-22
Sumitomo Mitsui DS Asset Management Company, Limited
7.12%
+1.23%
change
Passive
—
2024-06-21
Sumitomo Mitsui DS Asset Management Company, Limited
5.89%
-1.38%
change
Passive
—
2023-10-20
Sumitomo Mitsui DS Asset Management Company, Limited
7.27%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 7
#
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(信託口)
571
7.10%
2
岡田 眞一郎
342
4.25%
3
KYOKUTO KAIHATSU KOGYO CO.,LTD.
極東開発工業株式会社
300
3.72%
4
Sumitomo Mitsui Banking Corporation
株式会社三井住友銀行
242
3.01%
5
MUFG Bank
株式会社三菱UFJ銀行
220
2.73%
6
岡田 町子
220
2.73%
7
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
205
2.54%
8
株式会社テイサク
185
2.29%
9
株式会社池﨑鉄工所
180
2.23%
10
萱岡 和夫 成年後見人 田中 吉昭
174
2.17%
Domestic Nominees
9.6%
-3.2% 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
23.1%
-0.0% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Japan Master Trust Bank
日本マスタートラスト信託銀行
6.65%
5.50%
7.10%
+1.60%
岡田 眞一郎
4.33%
4.25%
4.25%
KYOKUTO KAIHATSU KOGYO CO.,LTD.
極東開発工業
3.73%
3.73%
3.72%
-0.01%
Sumitomo Mitsui Banking Corporation
三井住友銀行
3.02%
3.02%
3.01%
-0.01%
MUFG Bank
式会社三菱UFJ銀行
2.74%
2.73%
2.73%
岡田 町子
2.74%
2.73%
2.73%
Japan Custody Bank
日本カストディ銀行
6.31%
7.34%
2.54%
-4.80%
式会社テイサク
2.30%
2.30%
2.29%
-0.01%
式会社池﨑鉄工所
2.24%
2.24%
2.23%
-0.01%
萱岡 和夫 成年後見人 田中 吉昭
—
2.17%
2.17%
式会社南星
last seen 2023
Exited Top 10
2.49%
—
—
Concentration (HHI)
ⓘ
157
155
128
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥470M
+45% since 2023
Holdings
7
+1 new
2 exited
Trend
1 unwinding
vs 2023
Held Company
FY2025
¥470M total
FY2023
¥325M total
Book Val ¥M
Shares
Book Val ¥M
Shares
KYOKUTO KAIHATSU KOGYO CO.,LTD.
極東開発工業㈱
288
121,500
196
121,500
M
japan foundation engineering co.,ltd.
日本基礎技術㈱
83
126,000
65
126,000
M
MOONBAT Co., Ltd.
ムーンバット㈱
41
-17.5%
↓
40,600
27
49,200
M
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
27
13,400
11
13,400
NANYO CORPORATION
㈱南陽
15
+100.0%
↑
12,600
14
6,300
M
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
14
+200.0%
↑
3,663
6
1,221
Sumitomo Mitsui Trust Group, Inc.
三井住友トラストグループ㈱
4
NEW
New
938
—
Toho Metal Co.
東邦金属㈱
—
−100%
Exit
—
2
1,266
M
三井住友トラスト・ホールディングス㈱
—
−100%
Exit
—
2
469
Portfolio total
470
325
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding