Seibu Electric & Machinery Co Ltd operates in the Conveyors and conveying equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Seibu Electric & Machinery Co Ltd with three other
material handling equipment manufacturers in Asia:
Suzhou Secote Precision Electronic Co Ltd
of CHINA
(2020
sales of 2.01 billion Chinese Renmimbi [US$312.01 million]
),
NC Holdings Co Ltd
(13.95 billion Japanese Yen [US$127.22 million]
of which 48%
was ted), and
SanFeng Intelligent Equipment Group Co Ltd
which is
based in CHINA
(1.16 billion Chinese Renmimbi [US$179.74 million]
).
Sales Analysis.
Seibu Electric & Machinery Co Ltd reported sales of ¥23.74 billion (US$216.55 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 19.0%
versus 2019, when the company's sales were ¥29.30 billion.
Contributing to the drop in overall sales was the 26.6% decline
in Precise Instrument, from ¥8.70 billion to ¥6.39 billion.
There were also decreases in sales in
Transport Machinery (down 25.1% to ¥10.83 billion)
.
However, these declines were partially offset by the increase in sales of
Industrial Machinery Business (up 5.7% to ¥5.98 billion)
and
Other Businesses (up 14.1% to ¥547.48 million)
.