Nitto Kogyo Corporation operates within the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nitto Kogyo with three other
power transmission equipment manufacturers in Asia:
Henan Pinggao Electric Co., Ltd.
sales of 8.87 billion Chinese Renmimbi [US$1.29 billion]
of which 99%
was Power Transmission and Transformation Eq),
Guoxuan High-tech Co Ltd
(4.76 billion Chinese Renmimbi [US$692.28 million]
of which 87%
was Battery), and
Ten Pao Group Holdings Ltd
based in Hong Kong
(2.58 billion Hong Kong Dollars [US$332.61 million]
During the year ended March of 2016, sales at
Nitto Kogyo were ¥108.46 billion (US$980.51 million).
decrease of 1.3%
versus 2015, when the company's sales were ¥109.84 billion.
Contributing to the drop in overall sales was the 3.7% decline
in Distribution Board Related Industry, from ¥81.08 billion to ¥78.07 billion.
However, these declines were partially offset by the increase in sales of
Communication for Intelli Related (up 6.0% to ¥27.62 billion)
Project and Service Business (up 3.1% to ¥2.78 billion)