Meidensha Corporation operates in the Transformers, except electronic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Meidensha with three other
companies in this sector in Japan:
Takaoka Toko Co Ltd
sales of 115.17 billion Japanese Yen [US$1.11 billion]
of which 54%
Nissin Electric Co Ltd
(113.62 billion Japanese Yen [US$1.09 billion]
(131.20 billion Japanese Yen [US$1.26 billion]
of which 54%
was Power Equipment Business).
Meidensha reported sales of ¥237.40 billion (US$2.29 billion)
March of 2016.
increase of 3.1%
versus 2015, when the company's sales were ¥230.30 billion.
Sales at Meidensha have increased during each of the previous five years
(and since 2011, sales have increased a total of 42%).
Sales of Industrial Systems saw an increase
that was more than double the company's growth rate: sales were up
15.3% in 2016, from
¥49.03 billion to ¥56.53 billion.
Meidensha also saw significant increases in sales in
Maintenance and Service Business (up 4.1% to ¥30.10 billion)
Not all segments of Meidensha experienced an increase in sales in 2016:
sales of Other fell 9.0% to ¥10.34 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
Meidensha also experienced decreases in sales in
Social Systems (down 0.5% to ¥137.30 billion)