Kobe Steel, Ltd. operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kobe Steel, Ltd. with three other
companies in this sector in Japan:
Nisshin Steel Co Ltd
sales of 547.03 billion Japanese Yen [US$4.86 billion]
of which 94%
was Steel Business),
Okaya & Co., Ltd.
(785.44 billion Japanese Yen [US$6.97 billion]
of which 41%
was Steel), and
Daido Steel Company Limited
(460.58 billion Japanese Yen [US$4.09 billion]
of which 37%
was Special Steel Business).
Kobe Steel, Ltd. reported sales of ¥1.82 trillion (US$16.19 billion)
March of 2016.
decrease of 3.4%
versus 2015, when the company's sales were ¥1.89 trillion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Kobe Steel, Ltd. had sales
of ¥1.86 trillion.
Contributing to the drop in overall sales was the 12.6% decline
in Kobelco Construction Machinery, from ¥310.11 billion to ¥271.06 billion.
There were also decreases in sales in
Iron and Steel (down 6.3% to ¥713.54 billion)
Machinery Division (down 1.3% to ¥148.25 billion)
Welding (down 2.3% to ¥91.44 billion)
Engineering Division (down 1.6% to ¥47.39 billion)
Corporate and Other (down 1.9% to ¥60.22 billion)
However, these declines were partially offset by the increase in sales of
Aluminum and Copper (up 4.5% to ¥344.62 billion)
Kobelco Eco-Solutions (up 21.1% to ¥81.18 billion)
Kobelco Cranes (up 0.6% to ¥65.10 billion)