Okabe Co., Ltd. operates in the Fabricated structural metal sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Okabe Co., Ltd. with three other
companies in this sector in JAPAN :
Nasu Denki-Tekko Co., Ltd.
(2020
sales of 21.68 billion Japanese Yen [US$197.30 million]
of which 63%
was ess),
Takigami Steel Construction Co Ltd
(16.32 billion Japanese Yen [US$148.49 million]
of which 80%
was Steel Manufacturing Business), and
Komaihaltec Incorporation
(35.45 billion Japanese Yen [US$322.62 million]
of which 54%
was Steel Frame Business).
Sales Analysis.
Okabe Co., Ltd. reported sales of ¥63.13 billion (US$574.46 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 3.5%
versus 2019, when the company's sales were ¥65.41 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Okabe Co., Ltd. had sales
of ¥68.99 billion.
Contributing to the drop in overall sales was the 16.3% decline
in Automobile-Related Products, from ¥8.81 billion to ¥7.37 billion.
There were also decreases in sales in
Construction-Related Products (down 2.4% to ¥52.38 billion)
.
However, these declines were partially offset by the increase in sales of
Other Business (up 15.3% to ¥3.37 billion)
.