Araya Industrial Company Limited operates within the Steel pipe and tubes sector. In addition to historical fundamental analyses, the complete report available to purchase compares Araya Industrial Company Limited with three other steel companies in Asia: Korea Cast Iron Pipe Industry Company limited of KOREA (SOUTH) (2020 sales of 437.23 billion Korean Won [US$390.44 million] of which 56% was Steel Pipe), Electrosteel Castings Limited of INDIA (26.67 billion Indian Rupees [US$358.66 million] of which 100% was Pipes), and Froch Enterprise Company Limited which is based in TAIWAN (10.56 billion Taiwanese Dollars [US$371.11 million] of which 73% was Taiwan).

Sales Analysis. During the year ended March of 2020, sales at Araya Industrial Company Limited were ¥41.05 billion (US$373.52 million). This is a decrease of 5.1% versus 2019, when the company's sales were ¥43.26 billion. Contributing to the drop in overall sales was the 50.0% decline in Other, from ¥22.00 million to ¥11.00 million. There were also decreases in sales in Steel Pipe/tubes Related Businesses (down 5.0% to ¥40.09 billion) and Bicycle Related Businesses (down 28.5% to ¥431.00 million) . However, these declines were partially offset by the increase in sales of Lease of Real Estate (up 17.3% to ¥515.00 million) .