Rix Corporation operates in the Pumps and pumping equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Rix with three other
companies in this sector in Japan:
Tsurumi Manufacturing Company Limited
(2017
sales of 39.06 billion Japanese Yen [US$364.47 million]
of which 78%
was Japan),
Iwaki Co Ltd
(25.15 billion Japanese Yen [US$234.62 million]
of which 35%
was Magnet ponnpu), and
Torishima Pump Manufacturing Company Limited
(44.41 billion Japanese Yen [US$414.38 million]
).
Sales Analysis.
Rix reported sales of ¥33.76 billion (US$315.01 million)
for the
fiscal
year ending
March of 2017.
This
represents
a very small
increase of 1.0%
versus 2016, when the company's sales were ¥33.42 billion.
This was the fourth straight year of sales growth at Rix.
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
10.3% in 2017, from
¥4.67 billion to ¥5.15 billion.
Rix also saw significant increases in sales in
Steel (up 1.5% to ¥10.84 billion)
and
Autocar (up 4.0% to ¥8.36 billion)
and
Electronic and Semiconductor (up 4.0% to ¥3.44 billion)
and
Paper and Pulp (up 6.3% to ¥699.03 million)
.
Not all segments of Rix experienced an increase in sales in 2017:
sales of Gum and Tire fell 19.9% to ¥2.58 billion.
Rix also experienced decreases in sales in
Environmental Products (down 3.9% to ¥1.56 billion)
and
High Performance Materials (down 8.3% to ¥1.13 billion)
.