Okuma
Okuma Corporation is a Japanese manufacturer of CNC machine tools — turning, milling, multitasking, and grinding machines — powered by its proprietary OSP-P500 control system, serving aerospace, automotive, die/mould, medical, and energy industries across Europe through wholly-owned subsidiaries and 31 exclusive dealers.
- Company typePrivate
- Founded1898
- HeadquartersKrefeld, Germany
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Okuma does
Okuma Corporation is a Japanese CNC machine tool manufacturer founded in 1898 (originally as Okuma Noodle Machine Co.) and headquartered in Oguchi-cho, Aichi Prefecture, with European headquarters in Krefeld, Germany (Okuma Europe GmbH, established 1988). The company designs, manufactures, and sells CNC machine tools — including turning centers (LB, LU, GENOS L series), machining centers (MB-V, GENOS M series), turn-mill multitasking machines (MULTUS B and U series), grinding machines (GI series), and laser hardening/metal deposition systems — organized across five primary verticals: aerospace, automotive, die/mould, medical engineering, and oil/energy. Okuma is the only manufacturer in the industry that produces the CNC machine, drives, motors, encoders, spindles, and its proprietary OSP control system entirely in-house, which underpins both its technology roadmap and its aftermarket service economics.
Okuma's underlying technology stack centers on the OSP-P500 CNC control (launched 2023, succeeding OSP Suite) and a suite of proprietary "Intelligent Technology" features — Thermo-Friendly Concept (thermal compensation), Collision Avoidance System (3D simulation), Machining Navi (automatic vibration-suppressing spindle speed selection), SERVONAVI (acceleration optimization for heavy parts), and ECO Suite Plus (energy monitoring with CO2 tracking). The software layer extends into Smart Factory offerings (Connect Plan for cross-OEM machine monitoring, 3D Virtual Monitor for NC program verification, Dream Sites unmanned factory concept) and Premium Solutions (Power Skiving gear cutting, Turn-Cut, Hyper-Surface, NC Measurement). These features are sold as machine-resident capabilities rather than as a separate software subscription.
Revenue mechanics are dominated by capital equipment hardware sales (lathes, machining centers, multitasking and grinding machines) complemented by a recurring aftermarket stream: a EUR 25M spare parts hub in Krefeld with 35–40,000 SKUs and 97%+ fill rate, a EUR 9.5M parts inventory across 30+ local distributors, 360+ exchange spindles/B-axis units/gearboxes shippable within 24 hours, plus engineering services, preventive maintenance, spindle repair, and board repair. Pricing is not publicly disclosed; sales are routed through 31 exclusive European dealers plus wholly-owned subsidiaries in Germany (2019 acquisition), Benelux (2020 acquisition), Austria (2024 acquisition), and Turkey (established 2009). Global operations span Americas, Europe, Asia-Pacific, and Australia through 17 overseas and 7 domestic affiliated companies, with consolidated headcount of 3,812 as of March 2020 and registered capital of JPY 18,000 million.
Okuma firmographics
Firmographics- Name
- Okuma
- Legal name
- Okuma Europe GmbH
- Website
- https://okuma.eu
- Company type
- Private
- Founded year
- 1898
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Okuma Corporation is a Japanese manufacturer of CNC machine tools — turning, milling, multitasking, and grinding machines — powered by its proprietary OSP-P500 control system, serving aerospace, automotive, die/mould, medical, and energy industries across Europe through wholly-owned subsidiaries and 31 exclusive dealers.
- Ownership category
- akta.pro rank
Okuma industry classification
Industry- Product category
- CNC Machine Tools
- NAICS
- Machine Tool Manufacturing (333517), Relay and Industrial Control Manufacturing (335314)
- SIC
- General Industrial Machinery & Equipment, Nec (3569), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
- akta.pro secondary industries
- Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers) (IMAHAHAH), Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG), Motion Control Controllers & CNC/Robot Drives (Motion Controllers, Multi-axis) (IMAGACAH)
Keywords
Where Okuma is headquartered
LocationHeadquarters
- HQ city
- Krefeld
- HQ country
- Germany
- HQ region
- Europe
Offices7 records
Markets served
Okuma business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- CNC Machine Tools: Manufacture and sale of CNC machine tools including lathes, multitasking machines, machining centers, and grinders. This is the primary revenue stream with significant capital equipment transactions.
- Spare Parts: Global spare parts supply with 97%+ fill rate. Main inventory of 25 million Euro worth of 35-40,000 different parts in Krefeld, plus 9.5 million Euro worth of 100,000+ parts across 30+ local distributors.
- Customer Support Services: Engineering services, preventive maintenance, spindle repair, board repair, and technical support provided through certified service technicians across Europe.
- CNC Controls and FA Products: Sales of proprietary OSP CNC control systems and factory automation products that complement the machine tool offering.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Okuma product offering
Product offeringCore offering
Okuma manufactures CNC machine tools including turning centers (LB, LU, GENOS L series), vertical and horizontal machining centers (MB-V, GENOS M, GENOS M-H series), turn-mill multitasking machines (MULTUS B/U series), CNC grinders (GI series), and laser hardening/metal deposition systems. All machines are powered by Okuma's proprietary OSP-P500 CNC control system, which the company develops and manufactures in-house along with drives, motors, encoders, and spindles. The company also provides spare parts, engineering services, preventive maintenance, and spindle/board repair through its European Customer Support Centre.
Product overview
Okuma is the only company in the CNC machine tool industry that manufactures both the machine and all its components (CNC control, drive, motors, encoders, spindle) in-house. The product portfolio centers on CNC machine tools organized by process type: vertical machining centers (MB-V Series), turning centers (LB Series, LU Series, GENOS L), turn-mill multitasking machines (MULTUS B/U Series), 5-axis machining centers (GENOS M, GENOS M-H), and grinding machines (GI Series). These are powered by Okuma's proprietary OSP-P500 and OSP Suite CNC control systems, which incorporate Intelligent Technology features (thermal compensation, collision avoidance, vibration control) and Premium Solutions (gear machining, threading packages). The Smart Factory ecosystem includes Connect Plan (factory monitoring), 3D Virtual Monitor (simulation), and Dream Sites (fully automated factory concept), while Green-Smart Machine technology addresses energy efficiency. The company serves aerospace, automotive, die/mould, medical engineering, and oil/energy industries across Europe through subsidiaries (Germany, Austria, Benelux, Turkey) and 31 exclusive dealers.
Differentiator
Problem solved
Functional benefit
Brands
- OSP: Okuma's proprietary CNC control system
- OSP-P500
- Dream Sites
- Connect Plan
- Green-Smart Machine
- 3D Virtual Monitor
- Thermo Friendly Concept
- One Touch IGF
- OSP suite
- ECO suite
Products and services
- MB-V Series Vertical Machining Centers
- MULTUS Series Turn-Mill Multitasking Machines
- GENOS Series Compact CNC Machines
- LB Series CNC Turning Centers
- LU Series Large-Capacity Turning Centers
- GI Series CNC Grinding Machines
- Laser Hardening / Laser Metal Deposition Systems
- OSP-P500 CNC Control System
- Connect Plan Factory Monitoring Software
- 3D Virtual Monitor (3DVM) Simulation Software
- Automation Solutions
- Tech Centres (Customer Demonstration and Testing Service)
- Customer Care Support Services
- Spare Parts Supply
Quantifiable outcome
- Only 15% of a machine's overall cost is its purchase price; 85% is operation cost, making lifecycle cost more important than initial purchase price
- +7 more outcomes
Companies that use Okuma
Customer profileSegments5 records
Ideal customer profiles5 records
Okuma technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
AI capability7 records
Feature12 records
Okuma partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered supporting.
- ABBsupportingRobotics integration partner for machine tool tending applications. ABB provides industrial robotics solutions that work with Okuma CNC machines for automation.
- ACAMsupportingTechnology partner for advanced manufacturing solutions, specializing in machining process optimization and automation.
- Blaser SwisslubesupportingCooling and lubrication solutions partner providing cutting fluids and coolant management systems for Okuma machines.
- Blum NovotestsupportingPrecision measurement technology partner providing tool setting and workpiece measurement systems for Okuma CNC machines.
- HexagonsupportingMeasurement and manufacturing intelligence partner providing metrology solutions and quality control systems.
- RenishawsupportingPrecision measurement and calibrations partner providing tool setting, probing systems, and coordinate measuring machine solutions.
- Sandvik CoromantsupportingCutting tool partner providing milling, turning, and drilling solutions that complement Okuma machine capabilities.
- IscarsupportingCutting tool partner providing milling and turning solutions for various machining applications on Okuma machines.
- KennametalsupportingCutting solutions partner providing tooling systems for metal cutting applications on Okuma CNC machines.
- HALTER CNC AutomationsupportingAutomation partner providing robotic loading systems for Okuma CNC machines to enable unmanned operations.
- MastercamsupportingCAM software partner providing CNC programming solutions compatible with Okuma machines.
- GibbsCAMsupportingCAM programming partner providing manufacturing software for Okuma multi-axis machining centers.
- OPEN MINDsupportingCAM software partner providing hyperMILL CAM solutions optimized for Okuma 5-axis machines.
- Module WorkssupportingCAM components partner providing simulation and verification solutions for Okuma machine programming.
- TrumpfsupportingMachine tool and laser technology partner providing complementary manufacturing equipment solutions.
- Big KaisersupportingPrecision tooling partner providing high-precision tool holders and boring systems for Okuma machines.
- Emuge FrankensupportingThreading and drilling solutions partner providing precision tooling for Okuma CNC machines.
- BMOsupportingAutomation solutions partner providing robotic integration services for Okuma machine tools.
- RoboJobsupportingAutomation partner providing operator-friendly robot integration for Okuma CNC machines.
- MayfransupportingChip management and coolant systems partner providing chip conveyors and coolant management for Okuma machines.
Scale indicators9 records
Recent moves8 records
Expansion highlights5 records
Okuma competitors and assessment
Company assessmentDirect peers
- Haas Automation: Haas Automation is the largest American CNC machine tool builder, offering vertical machining centers, turning centers, and 5-axis machines primarily using Fanuc controls. Competes with Okuma in the entry-to-mid-volume machining center segment, particularly through independent European distributors.
- INDEX-Werke: INDEX is a German manufacturer of CNC turning machines and turn-mill centers, including the Traub brand. Directly competes with Okuma's MULTUS and LB series in the European precision turning market, with strong overlap in automotive and medical component machining.
- DMG MORI: DMG MORI is a German-Japanese CNC machine tool manufacturer producing lathes, machining centers, and mill-turn machines across similar verticals (aerospace, automotive, medical). Both companies compete directly in 5-axis machining and turn-mill multitasking, and DMG MORI's CELOS control system competes with Okuma's OSP. Closest direct competitor in premium CNC segment.
- EMAG Group: EMAG is a German machine tool manufacturer specializing in turning machines, grinding machines, and gear machining systems. Competes with Okuma in precision turning (LB/LU series) and gear machining (Okuma's Power Skiving/Gear Machining Package), particularly in automotive and gear manufacturing markets.
- Makino Milling Machine: Makino is a Japanese manufacturer of horizontal machining centers, vertical machining centers, and EDM machines with proprietary Professional control systems. Competes directly with Okuma's MB-V series and serves the same aerospace/mold/die market with a similar emphasis on thermal stability and high-precision machining.
- GF Machining Solutions: GF Machining Solutions (a division of Georg Fischer) is a Swiss manufacturer of milling, EDM, laser texturing, and additive manufacturing equipment. Competes with Okuma in high-precision milling and EDM, and both companies target aerospace, medical, and automotive mold-making customers with similar premium positioning.
- Yamazaki Mazak: Mazak is a Japanese CNC machine tool manufacturer with parallel product lines (turning centers, machining centers, multi-tasking machines like the Integrex) and proprietary Mazatrol/SmoothX CNC controls. Both companies are top global CNC players serving aerospace and automotive, and Mazak's Smart Factory concept directly parallels Okuma's Dream Sites/Connect Plan approach.
- Nakamura-Tome Precision Industry: Nakamura-Tome is a Japanese specialist in multi-axis turning centers and multitasking machines with proprietary NT Smart Cube control. Directly competes with Okuma's MULTUS series in precision turn-mill applications, particularly for medical, aerospace, and small-batch high-mix production.
- Doosan Machine Tools: Doosan Machine Tools (now DN Solutions) is a Korean CNC machine tool manufacturer producing turning centers, machining centers, and multitasking machines with proprietary Fanuc-compatible controls. Competes in mid-volume automotive and general manufacturing segments where Okuma's GENOS and LB series also compete.
Broad incumbents
- Siemens (Digital Industries): Siemens is a broad incumbent in industrial automation whose Sinumerik CNC controllers compete directly with Okuma's OSP-P500 control system. Siemens also offers machine tool digitalization software (MindSphere, NX CAM) and automation hardware (SINAMICS drives) that compete with Okuma's Connect Plan and motion control offerings as part of a wider portfolio.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Okuma social profiles
Digital presenceOkuma financial estimates
Financial estimateRevenue estimate
Valuation estimate
Okuma leadership team
Management profileNumber of profiles
Profiles4 records
Okuma subsidiaries and ownership
Company hierarchySubsidiaries4 records
Okuma funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Okuma M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Okuma
What does Okuma do?
Okuma manufactures CNC machine tools including turning centers (LB, LU, GENOS L series), vertical and horizontal machining centers (MB-V, GENOS M, GENOS M-H series), turn-mill multitasking machines (MULTUS B/U series), CNC grinders (GI series), and laser hardening/metal deposition systems. All machines are powered by Okuma's proprietary OSP-P500 CNC control system, which the company develops and manufactures in-house along with drives, motors, encoders, and spindles. The company also provides spare parts, engineering services, preventive maintenance, and spindle/board repair through its European Customer Support Centre.
Is Okuma a public or private company?
Okuma is a private company. It is classified as family owned and is currently operating.
When was Okuma founded?
Okuma was founded in 1898. It employs 51 to 100 people.
Where is Okuma based?
Okuma is headquartered in Krefeld, Germany, in the Europe region.
How does Okuma make money?
Four revenue lines are on record. CNC Machine Tools are the primary driver. The others are spare Parts, customer Support Services and CNC Controls and FA Products.
Who are Okuma's main competitors?
Direct peers on record are Haas Automation, INDEX-Werke, DMG MORI, EMAG Group, Makino Milling Machine, GF Machining Solutions, Yamazaki Mazak, Nakamura-Tome Precision Industry and Doosan Machine Tools. Siemens (Digital Industries) is listed as a broad incumbent.
Does Okuma have an API?
No public API is recorded for Okuma.
What industry is Okuma in?
Okuma's product category is CNC Machine Tools. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMAHAHAH, Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers). Its NAICS code is 333517 and its SIC code is 3569.