Rhythm Watch Co Ltd operates within the Watches, clocks, watchcases & parts sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Rhythm Watch Co Ltd with three other
miscellaneous electrical equipment manufacturers in Asia:
sales of 6.24 billion Indian Rupees [US$86.52 million]
of which 76%
was Watch & Accessories),
National Electronics Holdings Ltd
of Hong Kong
(881.45 million Hong Kong Dollars [US$112.60 million]
of which 94%
was Manufacture of Watches & Trading of Watc), and
Time Watch Investments Ltd
based in Hong Kong
(2.67 billion Hong Kong Dollars [US$341.12 million]
of which 74%
was Tian Wang Watch Business).
During the year ended March of 2019, sales at
Rhythm Watch Co Ltd were ¥31.02 billion (US$285.04 million).
decrease of 1.6%
versus 2018, when the company's sales were ¥31.52 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Rhythm Watch Co Ltd had sales
of ¥33.92 billion.
Contributing to the drop in overall sales was the 6.2% decline
in Business Watch, from ¥10.22 billion to ¥9.59 billion.
There were also decreases in sales in
Precision Business (down 2.4% to ¥6.35 billion)
E-Business (down 3.0% to ¥5.27 billion)
However, these declines were partially offset by the increase in sales of
Connection Terminal Business (up 4.9% to ¥9.42 billion)
Other Businesses (up 3.5% to ¥383.00 million)