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:
Nisshin Steel Co Ltd
sales of 525.56 billion Japanese Yen [US$4.76 billion]
of which 94%
was Steel Business),
Aichi Steel Corporation
(212.84 billion Japanese Yen [US$1.93 billion]
of which 46%
was Forgings), and
Yodogawa Steel Works Ltd
(154.22 billion Japanese Yen [US$1.40 billion]
of which 93%
was Steel-Related Businesses).
Daido Steel Company Limited reported sales of ¥445.12 billion (US$4.03 billion)
March of 2017.
decrease of 3.4%
versus 2016, when the company's sales were ¥460.58 billion.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Daido Steel Company Limited had sales
of ¥489.15 billion.
Contributing to the drop in overall sales was the 8.4% decline
in Engineering Business, from ¥26.10 billion to ¥23.92 billion.
There were also decreases in sales in
Special Steel Business (down 4.4% to ¥163.09 billion)
Electronic and Magnetic Materials (down 4.4% to ¥148.47 billion)
Automobile Parts, Industrial Machinery P (down 2.2% to ¥97.49 billion)
However, these declines were partially offset by the increase in sales of
Distribution and Service (up 34.7% to ¥12.16 billion)