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 18.90 billion Japanese Yen [US$167.25 million]
of which 67%
was Electric Function Wire Rod Business),
Nippon Seisen Co., Ltd.
(31.80 billion Japanese Yen [US$281.42 million]
of which 95%
was Japan), and
Shinko Wire Company, Ltd.
(27.04 billion Japanese Yen [US$239.30 million]
of which 51%
was Special steel wire-related business).
Nichia Steel Works, Ltd. reported sales of ¥26.33 billion (US$233.05 million)
March of 2017.
a very small
increase of 0.4%
versus 2016, when the company's sales were ¥26.22 billion.
Despite this increase, sales are still
below the level achieved in 2015, when Nichia Steel Works, Ltd.
reported sales of ¥27.80 billion.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Nichia Steel Works, Ltd. had sales
of ¥27.54 billion.
Sales of Wire Products Threaded Studs Business saw an increase
that was more than double the company's growth rate: sales were up
6.5% in 2017, from
¥3.60 billion to ¥3.84 billion.
Nichia Steel Works, Ltd. also saw significant increases in sales in
Special Wire Rod Production Business (up 0.7% to ¥13.12 billion)
Not all segments of Nichia Steel Works, Ltd. experienced an increase in sales in 2017:
sales of Other Businesses fell 2.2% to ¥480.95 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Nichia Steel Works, Ltd. also experienced decreases in sales in
Wire Rod Production Business (down 2.2% to ¥8.76 billion)
Real Estate Rental (down 0.1% to ¥137.83 million)