NOK Corporation operates in the Gaskets, packing & sealing devices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares NOK with three other
producers of rubber products (except tires) in Asia:
Banco Products (India) Limited
sales of 12.04 billion Indian Rupees [US$184.26 million]
of which 100%
was Automobile Ancilliary),
(170.43 billion Japanese Yen [US$1.53 billion]
of which 30%
was Brand sales), and
Eagle Industry Co., Ltd.
(143.40 billion Japanese Yen [US$1.28 billion]
of which 61%
was Automobile and construction machinery in).
NOK reported sales of ¥746.15 billion (US$6.68 billion)
March of 2016.
increase of 7.6%
versus 2015, when the company's sales were ¥693.69 billion.
This was the fourth straight year of sales growth at NOK.
Sales of Electronic Components Business saw an increase
that was more than double the company's growth rate: sales were up
15.5% in 2016, from
¥354.78 billion to ¥409.73 billion.
Not all segments of NOK experienced an increase in sales in 2016:
sales of Roll Business fell 9.1% to ¥27.58 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
NOK also experienced decreases in sales in
Business Seal (down 0.2% to ¥296.19 billion)