Asahi-Seiki Manufacturing Company Limited operates in the Fabricated metal products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Asahi-Seiki Manufacturing Company Limited with three other
metal product manufacturers in Asia:
Emico Holdings Berhad
sales of 34.04 million Malaysian Ringgits [US$8.20 million]
Sanco Trans Ltd
(1.02 billion Indian Rupees [US$13.59 million]
Nippon Tungsten Co., Ltd.
(9.89 billion Japanese Yen [US$86.97 million]
of which 57%
was Machinery-Related Business).
During the first
quarter of 2022, sales at Asahi-Seiki Manufacturing Company Limited totalled
an increase of 37.8%
from the ¥2.05 billion in sales at the company during the first quarter of 2021.
This was the biggest same quarter rise in sales at Asahi-Seiki Manufacturing Company Limited in the previous 34 quarters.
Sales at Asahi-Seiki Manufacturing Company Limited appear to have some seasonality: during each of the previous 9
years, sales have been highest during the fourth quarter, which has accounted for
between 28.2% and 35.3%
of the annual
Asahi-Seiki Manufacturing Company Limited reported sales of ¥11.76 billion (US$103.34 million)
March of 2021.
decrease of 15.7%
versus 2020, when the company's sales were ¥13.94 billion.
The sales level in 2021 was fairly close to the level five years ago: in 2016, Asahi-Seiki Manufacturing Company Limited had sales
of ¥12.20 billion.
Contributing to the drop in overall sales was the 13.6% decline
in Machinery Division, from ¥4.10 billion to ¥3.54 billion.
There were also decreases in sales in
Precision Processing (down 12.9% to ¥3.64 billion)
However, these declines were partially offset by the increase in sales of
Eliminations and Corporate (up 0.7% to ¥3.32 billion)