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:
sales of 19.21 billion Japanese Yen [US$171.14 million]
of which 100%
was Power Control Distribution Systems),
Togami Electric Mfg. Co., Ltd.
(23.57 billion Japanese Yen [US$210.02 million]
of which 49%
was Distribution for automatic switch), and
Vitzro Tech Co Ltd
based in South Korea
(232.76 billion Korean Won [US$205.76 million]
During the year ended March of 2017, sales at
Nitto Kogyo were ¥106.63 billion (US$950.05 million).
decrease of 1.7%
versus 2016, when the company's sales were ¥108.46 billion.
Contributing to the drop in overall sales was the 6.4% decline
in Project and Service Business, from ¥2.78 billion to ¥2.60 billion.
There were also decreases in sales in
Distribution Board Related Industry (down 5.8% to ¥73.53 billion)
However, these declines were partially offset by the increase in sales of
Communication for Intelli Related (up 10.4% to ¥30.49 billion)