Kawai Musical Instruments Manufacturing Company Limited operates in the Musical instruments sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kawai with three other
musical instrument manufacturers in Asia:
Samick Musical Instruments Company Limited
of South Korea
sales of 262.41 billion Korean Won [US$246.40 million]
of which 61%
was Musical instrument),
(408.25 billion Japanese Yen [US$3.81 billion]
of which 63%
was Musical Instruments Business), and
Hailun Piano Co Ltd
based in China
(469.66 million Chinese Renmimbi [US$74.86 million]
Kawai reported sales of ¥66.55 billion (US$620.89 million)
March of 2017.
decrease of 3.9%
versus 2016, when the company's sales were ¥69.26 billion.
Contributing to the drop in overall sales was the 7.5% decline
in Musical Instruments Business, from ¥38.64 billion to ¥35.73 billion.
There were also decreases in sales in
Material Processing Business (down 2.1% to ¥10.07 billion)
However, these declines were partially offset by the increase in sales of
Education (up 0.7% to ¥16.72 billion)
Information (up 8.4% to ¥3.83 billion)
Other (up 1.5% to ¥197.00 million)