Nitto Kogyo Corporation operates within the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nitto Kogyo with three other
power transmission equipment manufacturers in Asia:
Henan Pinggao Electric Co., Ltd.
sales of 8.96 billion Chinese Renmimbi [US$1.43 billion]
of which 97%
was Power Transmission and Transformation Eq),
Ten Pao Group Holdings Ltd
of Hong Kong
(3.01 billion Hong Kong Dollars [US$383.06 million]
Chung Hsin Electric & Machinery Mfg Corp
based in Taiwan
(11.40 billion Taiwanese Dollars [US$388.08 million]
of which 50%
was Electric Generators Manufacturing).
During the year ended March of 2017, sales at
Nitto Kogyo were ¥106.63 billion (US$996.96 million).
decrease of 1.7%
versus 2016, when the company's sales were ¥108.46 billion.
Contributing to the drop in overall sales was the 6.4% decline
in Project and Service Business, from ¥2.78 billion to ¥2.60 billion.
There were also decreases in sales in
Distribution Board Related Industry (down 5.8% to ¥73.53 billion)
However, these declines were partially offset by the increase in sales of
Communication for Intelli Related (up 10.4% to ¥30.49 billion)