Aichi Steel Corporation operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aichi Steel with three other
companies in this sector in Japan:
Yodogawa Steel Works Ltd
sales of 159.21 billion Japanese Yen [US$1.42 billion]
of which 93%
was Steel-Related Businesses),
Kyoei Steel Ltd
(160.95 billion Japanese Yen [US$1.44 billion]
of which 67%
was steel business domestic), and
Yamato Kogyo Co Ltd
(150.98 billion Japanese Yen [US$1.35 billion]
of which 40%
was Steel business (Thailand)).
Aichi Steel reported sales of ¥214.12 billion (US$1.92 billion)
March of 2016.
decrease of 11.0%
versus 2015, when the company's sales were ¥240.65 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Aichi Steel had sales
of ¥215.45 billion.
Contributing to the drop in overall sales was the 17.8% decline
in Steel Material, from ¥114.81 billion to ¥94.32 billion.
There were also decreases in sales in
Forgings (down 6.2% to ¥102.25 billion)
Other (down 3.4% to ¥4.06 billion)
However, these declines were partially offset by the increase in sales of
From Electromagnetic (up 6.6% to ¥13.50 billion)