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:
International Industries Ltd
of PAKISTAN
(2020
sales of 65.66 billion Pakistan Rupees [US$409.04 million]
of which 71%
was Steel Coils and Sheets),
Korea Cast Iron Pipe Industry Company limited
of KOREA (SOUTH)
(437.23 billion Korean Won [US$396.57 million]
of which 56%
was Steel Pipe), and
Prakash Industries Ltd
which is
based in INDIA
(29.74 billion Indian Rupees [US$406.20 million]
of which 100%
was Iron & Steel).
Sales Analysis.
During the year ended March of 2020, sales at
Araya Industrial Company Limited were ¥41.05 billion (US$395.27 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)
.