Kito Corp. operates within the Hoists, cranes, and monorails sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kito Corp. with three other
material handling equipment manufacturers in Asia:
Sansei Technologies Inc
sales of 29.12 billion Japanese Yen [US$263.56 million]
of which 62%
was Product manufacturing related),
Action Construction Equipment Limited
(7.51 billion Indian Rupees [US$117.35 million]
of which 63%
was Cranes), and
Hercules Hoists Limited
based in India
(729.54 million Indian Rupees [US$11.40 million]
of which 97%
was Material Handling Equipment).
During the year ended March of 2017, sales at
Kito Corp. were ¥51.14 billion (US$462.83 million).
decrease of 8.4%
versus 2016, when the company's sales were ¥55.82 billion.
Contributing to the drop in overall sales was the 32.1% decline
in Operating Segment-China, from ¥7.42 billion to ¥5.03 billion.
There were also decreases in sales in
Operating Segment-Northern America (down 11.4% to ¥24.74 billion)
Operating Segment-Asia (down 7.6% to ¥4.74 billion)
Operating Segment-Europe (down 17.7% to ¥1.39 billion)
However, these declines were partially offset by the increase in sales of
Operating Segment-Japan (up 1.5% to ¥13.87 billion)