Daido Steel Company Limited operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Daido Steel Company Limited with three other
companies in this sector in Japan:
Kyoei Steel Ltd
sales of 160.95 billion Japanese Yen [US$1.41 billion]
of which 67%
was steel business domestic),
Aichi Steel Corporation
(214.12 billion Japanese Yen [US$1.87 billion]
of which 48%
was Forgings), and
Nisshin Steel Co Ltd
(547.03 billion Japanese Yen [US$4.78 billion]
of which 94%
was Steel Business).
Daido Steel Company Limited reported sales of ¥460.58 billion (US$4.02 billion)
March of 2016.
decrease of 4.8%
versus 2015, when the company's sales were ¥483.63 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Daido Steel Company Limited had sales
of ¥472.06 billion.
Contributing to the drop in overall sales was the 13.7% decline
in Distribution and Service, from ¥10.46 billion to ¥9.03 billion.
There were also decreases in sales in
Special Steel Business (down 9.8% to ¥170.51 billion)
Electronic and Magnetic Materials (down 4.0% to ¥155.25 billion)
However, these declines were partially offset by the increase in sales of
Automobile Parts, Industrial Machinery P (up 0.3% to ¥99.68 billion)
Engineering Business (up 14.0% to ¥26.10 billion)