Teac Corporation operates in the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Teac with three other
audio-visual equipment producers in Asia:
Mirc Electronics Limited
sales of 7.66 billion Indian Rupees [US$101.70 million]
of which 100%
was Consumer Durables),
Alco Holdings Limited
of HONG KONG
(1.28 billion Hong Kong Dollars [US$164.35 million]
of which 51%
was AV Products), and
Fujikon Industrial Holdings Ltd
based in HONG KONG
(890.82 million Hong Kong Dollars [US$114.50 million]
of which 73%
was Headsets and headphones).
During the first
quarter of 2022, sales at Teac totalled
an increase of 11.6%
from the ¥2.92 billion in sales at the company during the first quarter of 2021.
This was the largest same quarter increase in sales since the first
quarter of 2016.
Teac reported sales of ¥14.59 billion (US$128.82 million)
March of 2021.
decrease of 1.1%
versus 2020, when the company's sales were ¥14.75 billion.
Contributing to the drop in overall sales was the 16.3% decline
in Information Equipment Business, from ¥4.75 billion to ¥3.98 billion.
There were also decreases in sales in
Other (down 12.4% to ¥544.00 million)
However, these declines were partially offset by the increase in sales of
Audio Equipment Business (up 7.4% to ¥10.07 billion)