Nichia Steel Works, Ltd. operates in the Steel wire and related products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nichia Steel Works, Ltd. with three other
companies in this sector in Japan:
Fcm Co., Ltd
sales of 20.60 billion Japanese Yen [US$184.96 million]
of which 70%
was Electric Function Wire Rod Business),
Nippon Seisen Co., Ltd.
(32.16 billion Japanese Yen [US$288.81 million]
of which 96%
was Japan), and
Shinko Wire Company, Ltd.
(29.15 billion Japanese Yen [US$261.78 million]
of which 49%
was Special steel wire-related business).
Nichia Steel Works, Ltd. reported sales of ¥26.22 billion (US$235.43 million)
March of 2016.
decrease of 5.7%
versus 2015, when the company's sales were ¥27.80 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Nichia Steel Works, Ltd. had sales
of ¥28.46 billion.
Contributing to the drop in overall sales was the 31.4% decline
in Other Businesses, from ¥717.13 million to ¥491.97 million.
There were also decreases in sales in
Special Wire Rod Production Business (down 5.0% to ¥13.03 billion)
Wire Rod Production Business (down 9.8% to ¥8.96 billion)
However, these declines were partially offset by the increase in sales of
Wire Products Threaded Studs Business (up 5.0% to ¥3.60 billion)