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Trades about 48% below its sector, cheaper than its peers on earnings.
Otake Corporation, based in Nagoya, Japan, is a key distributor of equipment for plumbing, housing, and air conditioning systems. Their comprehensive product line includes essential components like valves, pipes, fittings, meters, gauges, and various support hardware, alongside housing equipment supplies and specialized plumbing machine tools. The company further extends its offerings to include polyurea coatings and mouse repellent products. These solutions are widely applied across the chemical and industrial sectors, playing an integral role in factory and plant production activities. This involves critical functions such as the supply of heavy oils and energy, water cooling and purification, the transportation of beverages and chemicals during manufacturing processes, and the efficient exhaustion of steam and gases. Founded in 1946 as Otake Shoten Co., Ltd., the company officially adopted the name Otake Corporation in 1988.
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