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: Ratnamani Metals & Tubes Limited of India (2019 sales of 27.55 billion Indian Rupees [US$385.41 million] of which 100% was Steel Tubes and Pipes), Shankara Building Products Ltd of India (26.54 billion Indian Rupees [US$371.31 million] of which 54% was Retail), and Electrosteel Castings Limited which is also based in India (26.47 billion Indian Rupees [US$370.33 million] of which 100% was Pipes).

Sales Analysis. During the year ended March of 2019, sales at Araya Industrial Company Limited were ¥43.26 billion (US$397.52 million). This is an increase of 8.9% versus 2018, when the company's sales were ¥39.74 billion. This was the third consecutive year of growth at Araya Industrial Company Limited. Sales of Steel Pipe/tubes Related Businesses saw an increase of 10.0% in 2019, from ¥38.34 billion to ¥42.19 billion. Not all segments of Araya Industrial Company Limited experienced an increase in sales in 2019: sales of Other fell 83.5% to ¥22.00 million. (However, this segment's sales were only a very small portion of the company's overall sales). Araya Industrial Company Limited also experienced decreases in sales in Bicycle Related Businesses (down 26.6% to ¥603.00 million) .