Shinwa Co Ltd operates within the Welding apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shinwa Co Ltd with three other
machine tool and accessory manufacturers in Asia:
Obara Group Incorporated
sales of 50.14 billion Japanese Yen [US$437.73 million]
of which 71%
was Welding Equipment-Related Business),
Ador Welding Ltd
(4.08 billion Indian Rupees [US$59.90 million]
Esab India Ltd
based in India
(4.51 billion Indian Rupees [US$66.15 million]
of which 73%
During the year ended August of 2016, sales at
Shinwa Co Ltd were ¥46.03 billion (US$401.83 million).
decrease of 0.8%
versus 2015, when the company's sales were ¥46.40 billion.
Contributing to the drop in overall sales was the 36.2% decline
in Operating Segment-China, from ¥2.54 billion to ¥1.62 billion.
There were also decreases in sales in
Operating Segment-Asia (down 26.3% to ¥3.17 billion)
Operating Segment-America (down 27.2% to ¥3.03 billion)
However, these declines were partially offset by the increase in sales of
Operating Segment-Japan (up 8.0% to ¥38.20 billion)