Chugoku Marine Paints Ltd operates in the Paints and allied products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Chugoku Marine Paints Ltd with three other
companies in this sector in Japan:
Fujikura Kasei Co., Ltd.
sales of 57.43 billion Japanese Yen [US$504.82 million]
of which 42%
was Coating Business),
Dai Nippon Toryo Company Limited
(74.12 billion Japanese Yen [US$651.51 million]
Sk Kaken Co Ltd
(91.33 billion Japanese Yen [US$802.81 million]
of which 91%
was Paint Finishing Construction Materials).
Chugoku Marine Paints Ltd reported sales of ¥82.98 billion (US$729.39 million)
March of 2018.
a very small
increase of 0.7%
versus 2017, when the company's sales were ¥82.37 billion.
Despite this increase, sales are still
below the level achieved in 2016, when Chugoku Marine Paints Ltd
reported sales of ¥115.07 billion.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Chugoku Marine Paints Ltd had sales
of ¥83.66 billion.
Sales of Operating Segment-China saw an increase
that was more than double the company's growth rate: sales were up
21.0% in 2018, from
¥16.55 billion to ¥20.03 billion.
Chugoku Marine Paints Ltd also saw significant increases in sales in
Operating Segment-Europe/usa (up 20.2% to ¥11.97 billion)
Operating Segment-Southeast Asia (up 8.7% to ¥10.91 billion)
Not all segments of Chugoku Marine Paints Ltd experienced an increase in sales in 2018:
sales of Operating Segment-Korea fell 43.9% to ¥5.78 billion.
Chugoku Marine Paints Ltd also experienced decreases in sales in
Operating Segment-Japan (down 3.5% to ¥34.30 billion)