Aida Engineering Ltd operates in the Machine tools, metal forming types sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aida Engineering Ltd with three other
machine tool and accessory manufacturers in Asia:
SIMPAC Incorporated
of South Korea
(2017
sales of 230.63 billion Korean Won [US$216.10 million]
of which 89%
was Press),
L.K. Technology Holdings Ltd
of China
(2.80 billion Chinese Renmimbi [US$445.92 million]
), and
Toshiba Machine Co Ltd
(111.33 billion Japanese Yen [US$1.04 billion]
of which 65%
was Molding machine business).
Sales Analysis.
Aida Engineering Ltd reported sales of ¥67.55 billion (US$631.56 million)
for the
fiscal
year ending
March of 2017.
This
represents
a
decrease of 10.6%
versus 2016, when the company's sales were ¥75.53 billion.
Contributing to the drop in overall sales was the 24.2% decline
in Operaitng Segment-Asia, from ¥17.10 billion to ¥12.97 billion.
There were also decreases in sales in
Operaitng Segment-Japan (down 7.5% to ¥24.25 billion)
and
Operaitng Segment-Europe (down 16.2% to ¥11.87 billion)
.
However, these declines were partially offset by the increase in sales of
Operaitng Segment-America (up 2.2% to ¥18.47 billion)
.