Shinko Wire Company, Ltd. operates within the Steel wire and related products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shinko Wire Company, Ltd. with three other
companies in this sector in Japan:
Fcm Co., Ltd
sales of 18.90 billion Japanese Yen [US$177.84 million]
of which 67%
was Electric Function Wire Rod Business),
Nichia Steel Works, Ltd.
(26.33 billion Japanese Yen [US$247.80 million]
of which 50%
was Special Wire Rod Production Business), and
Nippon Seisen Co., Ltd.
(31.80 billion Japanese Yen [US$299.23 million]
of which 95%
During the year ended March of 2017, sales at
Shinko Wire Company, Ltd. were ¥27.04 billion (US$254.45 million).
decrease of 7.2%
versus 2016, when the company's sales were ¥29.15 billion.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Shinko Wire Company, Ltd. had sales
of ¥28.77 billion.
Contributing to the drop in overall sales was the 11.2% decline
in Wire Rope Related Business, from ¥13.10 billion to ¥11.63 billion.
There were also decreases in sales in
Special Steel Wire-Related Business (down 3.6% to ¥13.71 billion)
Engineering-Related Business (down 7.8% to ¥1.64 billion)
However, these declines were partially offset by the increase in sales of
Other (up 1.6% to ¥63.00 million)