Sumitomo Precision Products Co., Ltd. operates in the Aircraft parts and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sumitomo Precision Products Co., Ltd. with three other
aircraft manufacturers in Asia:
Hunan Boyun New Materials Co Ltd
of China
(2017
sales of 544.40 million Chinese Renmimbi [US$86.65 million]
of which 53%
was Metallurgy),
Jamco Corp
(81.83 billion Japanese Yen [US$765.15 million]
of which 68%
was Manufacturing-Related Business Aircraft ), and
Aerospace Technology Of Korea Inc
which is
based in South Korea
(97.21 billion Korean Won [US$91.08 million]
).
Sales Analysis.
Sumitomo Precision Products Co., Ltd. reported sales of ¥48.10 billion (US$449.70 million)
for the
fiscal
year ending
March of 2017.
This
represents
a
decrease of 6.1%
versus 2016, when the company's sales were ¥51.21 billion.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Sumitomo Precision Products Co., Ltd. had sales
of ¥52.30 billion.
Contributing to the drop in overall sales was the 16.2% decline
in Energy and Environmental Business, from ¥12.46 billion to ¥10.43 billion.
There were also decreases in sales in
Aerospace-Related Businesses (down 6.4% to ¥31.04 billion)
.
However, these declines were partially offset by the increase in sales of
Ict Related Business (up 18.5% to ¥6.62 billion)
.