Howa Machinery Limited operates in the Machine tools, metal cutting types sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Howa Machinery Limited with three other
companies in this sector in Japan:
Union Tool Co.
sales of 20.75 billion Japanese Yen [US$187.62 million]
Takisawa Machine Tool Co., Ltd.
(25.78 billion Japanese Yen [US$233.09 million]
of which 63%
was Operating Segment-Japan), and
Okamoto Machine Tool Works, Ltd.
(25.63 billion Japanese Yen [US$231.65 million]
Howa Machinery Limited reported sales of ¥22.36 billion (US$202.17 million)
March of 2016.
decrease of 5.3%
versus 2015, when the company's sales were ¥23.62 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Howa Machinery Limited had sales
of ¥21.61 billion.
Contributing to the drop in overall sales was the 22.3% decline
in Other, from ¥1.25 billion to ¥973.00 million.
There were also decreases in sales in
Machine Tools Related (down 9.4% to ¥9.56 billion)
Building Materials Business (down 9.4% to ¥2.36 billion)
Specially-Equipped Vehicle (down 1.5% to ¥2.16 billion)
However, these declines were partially offset by the increase in sales of
Firearms (up 1.8% to ¥4.47 billion)
Domestic Sales Subsidiary (up 9.4% to ¥2.39 billion)
Real Estate Leasing Business (up 1.8% to ¥462.00 million)