Shima Seiki Manufacturing Limited operates in the Textile machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shima Seiki Manufacturing Limited with three other
textile machinery manufacturers in Asia:
sales of 37.70 billion Japanese Yen [US$343.05 million]
Lakshmi Machine Works Limited
(27.12 billion Indian Rupees [US$383.44 million]
of which 69%
was Textile Machinery Division), and
Veejay Lakshmi Engineering Works Limited
based in India
(795.32 million Indian Rupees [US$11.25 million]
Shima Seiki Manufacturing Limited reported sales of ¥51.35 billion (US$467.30 million)
March of 2019.
decrease of 28.5%
versus 2018, when the company's sales were ¥71.86 billion.
Contributing to the drop in overall sales was the 34.6% decline
in Flat Knitting Machine Business, from ¥59.37 billion to ¥38.81 billion.
There were also decreases in sales in
Gloves, Socks Knitting Machine (down 34.5% to ¥1.56 billion)
However, these declines were partially offset by the increase in sales of
Other Businesses (up 7.0% to ¥6.61 billion)
Design System Related Businesses (up 11.3% to ¥4.38 billion)