Howa Machinery Limited operates in the Machine tools, metal cutting types sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Howa Machinery Limited with three other
companies in this sector in JAPAN :
Takisawa Machine Tool Co., Ltd.
sales of 16.89 billion Japanese Yen [US$147.95 million]
of which 51%
was Operating Segment-Japan),
(22.12 billion Japanese Yen [US$193.77 million]
of which 59%
was Related Business Machine Tools), and
Takamatsu Machinery Company Limited
(13.43 billion Japanese Yen [US$117.66 million]
of which 83%
During the first
quarter of 2022, sales at Howa Machinery Limited totalled
an increase of 9.5%
from the ¥4.06 billion in sales at the company during the first quarter of 2021.
Howa Machinery Limited reported sales of ¥18.77 billion (US$164.38 million)
March of 2021.
decrease of 7.7%
versus 2020, when the company's sales were ¥20.32 billion.
Contributing to the drop in overall sales was the 81.3% decline
in Other, from ¥1.06 billion to ¥197.00 million.
There were also decreases in sales in
Machine Tools Related (down 15.5% to ¥6.69 billion)
Building Materials Business (down 7.5% to ¥3.02 billion)
Firearms (down 3.5% to ¥2.91 billion)
Domestic Sales Subsidiary (down 14.4% to ¥1.93 billion)
However, these declines were partially offset by the increase in sales of
Specially-Equipped Vehicle (up 19.7% to ¥2.87 billion)
Real Estate Leasing Business (up 9.9% to ¥465.00 million)