6408
OGURA CLUTCH CO.,LTD.
小倉クラッチ株式会社
Machinery
Ogura Clutch Co.,Ltd. manufactures and sells clutches and brakes for the general industry in Japan and internationally. It offers clutch brakes, such as for office equipment, machine tools, construction and industrial machinery, etc; fiber tensioner, automotive A/C clutches, root blowers (superchargers), power clutches, oil mist separators, high-pressure coolant systems, disaster prevention systems, etc. The company also provides solenoids for powertrains, as well as PTO clutches for riding, zero-turn, and commercial walk-behind mowers. Its products are used in office equipment, machine tools, construction machinery, industrial machinery, and car air conditioners. The company was formerly known as Ogura Seisakusho Co., Ltd. and changed its name to Ogura Clutch Co.,Ltd. in May 1961. The company was founded in 1938 and is headquartered in Kiryu, Japan.
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← Companies
⚠ TSE Capital Mandate
P / Book
0.38×
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥43.9B
¥43.5B
¥44.2B
¥38.9B
Cost of Sales
¥37.2B
¥37.6B
¥37.0B
¥33.3B
Gross Profit
¥6.7B
¥5.9B
¥7.2B
¥5.6B
SG&A
¥6.3B
¥6.3B
¥6.7B
¥6.6B
Operating Income
¥464M
¥-320M
¥498M
¥-1.0B
Non-Operating Income
¥674M
¥496M
¥593M
¥471M
Dividend Income
¥31M
¥36M
¥45M
¥35M
Interest Income
¥98M
¥40M
¥30M
¥12M
Non-Operating Expenses
¥389M
¥405M
¥300M
¥222M
Interest Expense
¥310M
¥275M
¥209M
¥167M
Ordinary Income
¥749M
¥-229M
¥791M
¥-752M
Pre-tax Income
¥1.0B
¥-50M
¥1.1B
¥-799M
Income Taxes
¥-126M
¥547M
¥610M
¥292M
Current Tax
¥250M
¥458M
¥479M
¥283M
Deferred Tax
¥-377M
¥88M
¥131M
¥8M
Net Income (owners)
¥1.2B
¥-598M
¥509M
¥-1.1B
Minority Interest
—
¥0M
¥0M
¥42M
Comprehensive Income
¥2.4B
¥403M
¥1.1B
¥-492M
EBITDA
¥2.4B
¥1.5B
¥2.3B
¥669M
Goodwill Amort. (J-GAAP)
¥18M
¥24M
¥22M
¥19M
EPS
¥776.88
¥-399.61
¥340.28
¥-758.30
Shares Outstanding
1.5M
1.5M
1.5M
1.5M
Shares Issued (total)
1.6M
1.6M
1.6M
1.6M
Treasury Shares
0.1M
0.1M
0.1M
0.1M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥47.0B
¥48.6B
¥48.3B
¥46.8B
Current Assets
¥31.1B
¥32.7B
¥33.3B
¥31.9B
Cash & Deposits
¥7.9B
¥8.7B
¥7.1B
¥8.0B
Trade Receivables
¥8.4B
¥7.7B
¥9.0B
—
Non-Current Assets
¥15.9B
¥15.9B
¥15.1B
¥14.8B
PP&E
¥13.0B
¥13.2B
¥12.7B
¥11.9B
Goodwill
¥58M
¥70M
¥88M
¥98M
Intangible Assets
¥788M
¥779M
¥824M
¥610M
Investment Securities
¥1.0B
¥951M
¥924M
¥1.6B
Deferred Tax Assets
¥468M
¥30M
¥28M
¥21M
Total Liabilities
¥29.3B
¥33.2B
¥33.3B
¥32.7B
Current Liabilities
¥22.1B
¥25.2B
¥26.1B
¥26.2B
Accounts Payable
¥3.8B
¥3.9B
¥4.1B
¥4.3B
ST Debt
¥13.2B
¥14.6B
¥14.5B
¥14.9B
Taxes Payable
¥114M
¥95M
¥138M
¥135M
Non-Current Liabilities
¥7.2B
¥8.0B
¥7.1B
¥6.5B
Total LT Borrowings
¥5.4B
¥5.9B
¥5.3B
¥4.8B
Pension Obligations
¥188M
¥222M
¥210M
¥197M
Deferred Tax Liab.
¥644M
¥661M
¥414M
¥474M
Total Equity
¥17.7B
¥15.4B
¥15.1B
¥14.1B
Capital Stock
¥1.9B
¥1.9B
¥1.9B
¥1.9B
Capital Surplus
¥1.8B
¥1.8B
¥1.8B
¥1.8B
Retained Earnings
¥10.8B
¥9.7B
¥10.3B
¥9.9B
Treasury Stock
¥-352M
¥-352M
¥-351M
¥-351M
AOCI
¥3.7B
¥2.4B
¥1.4B
¥878M
Equity (owners)
¥14.0B
¥12.9B
¥13.6B
¥13.2B
Minority Interests
—
—
¥17M
¥20M
Total Interest-Bearing Debt ⓘ
¥18.6B
¥20.5B
¥19.8B
¥19.6B
Net Cash ⓘ
¥-10.7B
¥-11.9B
¥-12.7B
¥-11.6B
NCAV ⓘ
¥1.8B
¥-499M
¥-23M
¥-748M
NCAV/Share
¥1,208
¥-333
¥-15
¥-500
BV/Share
¥9,368
¥8,639
¥9,094
¥8,804
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥2.8B
¥2.9B
¥1.2B
¥-2.7B
Interest Paid
¥-316M
¥-278M
¥-211M
¥-168M
Interest Received
¥135M
¥77M
¥75M
¥46M
D&A
¥1.9B
¥1.8B
¥1.8B
¥1.7B
Goodwill Amort.
¥18M
¥24M
¥22M
¥19M
Investing CF
¥-495M
¥-2.0B
¥-1.8B
¥-1.2B
CapEx
¥2.2B
¥2.2B
¥2.0B
¥2.0B
Purchase Investments
¥-6M
¥-6M
¥-5M
¥-57M
Proceeds from Invest.
¥36M
¥389M
¥487M
¥52M
Financing CF
¥-2.4B
¥295M
¥-593M
¥3.7B
Dividends Paid
¥-74M
¥-76M
¥-73M
¥-149M
Share Buybacks
¥0M
¥0M
¥0M
¥0M
LT Debt Repaid
¥-1.4B
¥-1.2B
¥-1.3B
¥-1.3B
Free Cash Flow
¥603M
¥723M
¥-792M
¥-4.7B
Net Change in Cash
¥270M
¥1.4B
¥-911M
¥-19M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
7.0%
-3.9%
3.5%
-7.8%
ROA
2.4%
-1.2%
1.1%
-2.4%
EPS
¥776.88
¥-399.61
¥340.28
¥-758.30
DPS
¥50.00
¥50.00
¥50.00
¥50.00
BPS
¥11,831.08
¥10,263.59
¥10,049.69
¥9,391.62
FCF/Share
¥403
¥483
¥-529
¥-3,165
NCAV/Share
¥1,208
¥-333
¥-15
¥-500
Payout Ratio
6.4%
—
14.7%
—
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 6
Date Activist Stake Event Flag Demands Source
2026-03-09
HUANG SHENGBO
8.17%
+2.13%
change
Passive
—
2025-01-10
HUANG SHENGBO
5.01%
initial_5pct
Passive
—
2025-01-10
HUANG SHENGBO
6.04%
+1.03%
change
Passive
—
2024-06-07
Mizuho Bank, Ltd.
4.2%
change
Passive
—
2023-07-28
MAKOTO IGARASHI CHIEF DIRECTOR OGURA CLUTCH CLIENT STOCK OWNERSHIP
10.99%
correction
Passive
—
2023-07-24
MAKOTO IGARASHI CHIEF DIRECTOR OGURA CLUTCH CLIENT STOCK OWNERSHIP
10.99%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-12
15:00
Div Increase
¥149M ¥100.0/sh
+100%
Ogura Clutch Co., Ltd. announced a dividend increase of ¥100 per share (effective June 29, 2026), doubling the prior yea…
Summary
Ogura Clutch Co., Ltd. announced a dividend increase of ¥100 per share (effective June 29, 2026), doubling the prior year's dividend of ¥50 per share. The total dividend payout is ¥149 million, supported by retained earnings and reflecting improved business performance. The company aims to balance shareholder returns with internal reserves for capital expenditure and long-term stable dividend maintenance.
Deadline: 2026-06-29
YoY: +100%
Source (JP)
1株当たり配当金 100円00銭、配当金総額 149百万円。基準日 2026年3月31日。効力発生日 2026年6月29日。前期実績(2025年3月期)50円00銭、74百万円。
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 9
#
Shareholder
Shares (thou.)
% of Total
1
第一共栄ビル株式会社
287
19.23%
2
Business Partner Stock Ownership Plan
小倉クラッチ取引先持株会
157
10.53%
3
小倉 康宏
82
5.54%
4
THE TOWA BANK,LTD.
株式会社東和銀行
74
4.96%
5
The Gunma Bank, Ltd.
株式会社群馬銀行
73
4.94%
6
黄 聖博
61
4.09%
7
Employee Stock Ownership Plan
小倉クラッチ従業員持株会
43
2.92%
8
野村證券株式会社
31
2.11%
9
渡邉 浩司
26
1.74%
10
前山株式会社
23
1.55%
Domestic Nominees
0.0%
+0.0% 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
57.6%
-0.8% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
第一共栄ビル
19.23%
19.23%
19.23%
Business Partner Stock Ownership Plan
小倉クラッチ取引先持株会
11.11%
11.52%
10.53%
-0.99%
小倉 康宏
5.52%
5.52%
5.54%
+0.02%
THE TOWA BANK,LTD.
式会社東和銀行
4.96%
4.96%
4.96%
The Gunma Bank, Ltd.
式会社群馬銀行
4.93%
4.94%
4.94%
黄 聖博
—
2.53%
4.09%
+1.56%
Employee Stock Ownership Plan
小倉クラッチ従業員持株会
3.01%
3.07%
2.92%
-0.15%
野村證券
NEW ENTRY
—
—
—
2.11%
NEW
渡邉 浩司
1.74%
1.74%
1.74%
前山
NEW ENTRY
—
—
—
1.55%
NEW
Mizuho Bank
みずほ銀行
last seen 2024
Exited Top 10
3.91%
3.35%
—
降幡 光宏
last seen 2024
Exited Top 10
1.53%
1.53%
—
髙橋 正義
last seen 2023
Exited Top 10
2.87%
—
—
Concentration (HHI)
ⓘ
611
614
596
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥898M
+35% since 2023
Holdings
9
+4 new
12 exited
Trend
4 building
vs 2023
Held Company
FY2025
¥898M total
FY2023
¥664M total
Book Val ¥M
Shares
Book Val ¥M
Shares
The Gunma Bank, Ltd.
株式会社群馬銀行
398
+5.5%
↑
323,815
136
307,079
M
THE TOWA BANK,LTD.
株式会社東和銀行
206
+2.6%
↑
335,181
177
326,576
M
Mitsubishi Heavy Industries,Ltd.
三菱重工業株式会社
109
NEW
New
43,151
—
KANEMATSU CORPORATION
兼松株式会社
84
+8.0%
↑
33,576
51
31,099
TOYOTA MOTOR CORPORATION
トヨタ自動車株式会社
66
NEW
New
25,500
—
NIDEC CORPORATION
ニデック株式会社
19
NEW
New
8,000
—
DENSO CORPORATION
株式会社デンソー
11
NEW
New
6,000
—
Sumitomo Mitsui Financial Group, Inc.
株式会社三井住友フィナンシャルグループ
5
+173.6%
↑
1,576
3
576
日本電産株式会社
—
—
Mizuho Financial Group, Inc.
株式会社みずほフィナンシャルグループ
—
−100%
Exit
—
155
82,894
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱UFJフィナンシャル・グループ
—
−100%
Exit
—
27
32,590
RYOMO SYSTEMS CO.,LTD.
株式会社両毛システムズ
—
−100%
Exit
—
27
13,520
TSUGAMI CORPORATION
株式会社ツガミ
—
−100%
Exit
—
21
15,000
RICOH COMPANY,LTD.
株式会社リコー
—
−100%
Exit
—
21
21,646
SEGA SAMMY HOLDINGS INC.
株式会社セガサミーホールディングス
—
−100%
Exit
—
15
6,200
DMG MORI CO., LTD.
DMG森精機株式会社
—
−100%
Exit
—
14
6,431
SANDEN CORPORATION
サンデン株式会社
—
−100%
Exit
—
7
37,413
TOYO SECURITIES CO., LTD.
東洋証券株式会社
—
−100%
Exit
—
4
14,000
M
Panasonic Holdings Corporation
パナソニックホールディングス株式会社
—
−100%
Exit
—
3
3,342
OKUMA Corporation
オークマ株式会社
—
−100%
Exit
—
2
404
Marusan Securities Co.,Ltd.
丸三証券株式会社
—
−100%
Exit
—
1
3,307
Portfolio total
898
664
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding