Shima Seiki Manufacturing Limited operates in the Textile machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shima Seiki Manufacturing Limited with three other
textile machinery manufacturers in Asia:
Stovec Industries Limited
sales of 1.95 billion Indian Rupees [US$29.74 million]
Lakshmi Machine Works Limited
(26.38 billion Indian Rupees [US$403.14 million]
of which 87%
was Textile Machinery Division), and
(38.87 billion Japanese Yen [US$349.05 million]
of which 80%
was Textile Machinery).
Shima Seiki Manufacturing Limited reported sales of ¥49.58 billion (US$445.25 million)
March of 2016.
increase of 2.5%
versus 2015, when the company's sales were ¥48.35 billion.
This was the third consecutive year of growth at Shima Seiki Manufacturing Limited.
Sales of System Design-Related Businesses saw an increase
that was more than double the company's growth rate: sales were up
13.5% in 2016, from
¥3.65 billion to ¥4.14 billion.
Shima Seiki Manufacturing Limited also saw significant increases in sales in
Flat Knitting Machine Business (up 4.7% to ¥37.81 billion)
Other Businesses (up 6.4% to ¥6.13 billion)
Not all segments of Shima Seiki Manufacturing Limited experienced an increase in sales in 2016:
sales of Gloves, Socks Knitting Machine fell 46.8% to ¥1.51 billion.