Nichirin Co., Ltd. operates in the Rubber & plastics hose & belting sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nichirin Co., Ltd. with three other
companies in this sector in Japan:
Tigers Polymer Corporation
sales of 42.77 billion Japanese Yen [US$395.59 million]
of which 50%
Mitsuboshi Belting Ltd
(69.59 billion Japanese Yen [US$643.74 million]
of which 46%
was Overseas belt), and
(72.96 billion Japanese Yen [US$674.88 million]
of which 45%
was Hoses & Tubes).
Nichirin Co., Ltd. reported sales of ¥62.41 billion (US$577.32 million)
December of 2018.
increase of 5.1%
versus 2017, when the company's sales were ¥59.38 billion.
Sales at Nichirin Co., Ltd. have increased during each of the previous five years
(and since 2013, sales have increased a total of 40%).
Sales of Asia(Operating Seg.) saw an increase
that was more than double the company's growth rate: sales were up
10.7% in 2018, from
¥13.05 billion to ¥14.45 billion.
Nichirin Co., Ltd. also saw significant increases in sales in
Japan(Operating Seg.) (up 8.4% to ¥20.60 billion)
China(Operating Seg.) (up 7.8% to ¥9.79 billion)
Not all segments of Nichirin Co., Ltd. experienced an increase in sales in 2018:
sales of North America(Operating Seg.) fell 4.8% to ¥11.86 billion.
Nichirin Co., Ltd. also experienced decreases in sales in
Europe(Operating Seg.) (down 1.2% to ¥5.71 billion)