Furuno Electric Co., Ltd. operates within the Search and navigation equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Furuno Electric Co., Ltd. with three other
miscellaneous transportation equipment manufacturers in Asia:
Nippon Avionics Co., Ltd.
(2018
sales of 18.71 billion Japanese Yen [US$169.11 million]
),
IQ Group Holdings Berhad
of Malaysia
(154.62 million Malaysian Ringgits [US$37.84 million]
of which 80%
was Manufacturing), and
Autonomous Control Systems Laboratory Ltd
(370.18 million Japanese Yen [US$3.35 million]
of which 59%
was Building a solution).
Sales Analysis.
During the year ended February of 2018, sales at
Furuno Electric Co., Ltd. were ¥79.05 billion (US$714.61 million).
This
is
a very small
increase of 0.5%
versus 2017, when the company's sales were ¥78.67 billion.
Despite this increase, sales are still
below the level achieved in 2016, when Furuno Electric Co., Ltd.
reported sales of ¥89.72 billion.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
56.7% in 2018, from
¥203.00 million to ¥318.00 million.
Furuno Electric Co., Ltd. also saw significant increases in sales in
Shipping Business (up 3.8% to ¥63.41 billion)
and
Lan and Handybrain (up 9.2% to ¥3.45 billion)
.
Not all segments of Furuno Electric Co., Ltd. experienced an increase in sales in 2018:
sales of Industrial Supplies Business fell 16.4% to ¥11.88 billion.