Kitz Corporation operates within the Industrial valves sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kitz with three other
valve manufacturers in Asia:
Maezawa Kyuso Industries Co Ltd
sales of 23.72 billion Japanese Yen [US$228.38 million]
of which 58%
was Buried Business),
Nippon Valqua Industries, Ltd.
(41.12 billion Japanese Yen [US$395.99 million]
of which 68%
was Seal Product Business), and
Nakakita Seisakusho Co., Ltd.
(19.54 billion Japanese Yen [US$188.14 million]
of which 100%
was Remote control Equipment).
During the year ended March of 2016, sales at
Kitz were ¥117.28 billion (US$1.13 billion).
a very small
increase of 0.2%
versus 2015, when the company's sales were ¥117.04 billion.
Despite this increase, sales are still
below the level achieved in 2014, when Kitz
reported sales of ¥117.36 billion.
Sales of Valve Business saw an increase
that was more than double the company's growth rate: sales were up
3.8% in 2016, from
¥90.15 billion to ¥93.58 billion.
Not all segments of Kitz experienced an increase in sales in 2016:
sales of Other fell 46.4% to ¥3.14 billion.
Kitz also experienced decreases in sales in
Copper Products Business (down 2.2% to ¥20.56 billion)