Raiznext Corp operates within the Oil and gas field machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Raiznext Corp with three other
construction and mining equipment manufacturers in Asia:
Man Industries India Ltd
sales of 22.22 billion Indian Rupees [US$312.59 million]
of which 100%
was Water Pipeline),
Yamashin Filter Corp
(13.81 billion Japanese Yen [US$125.68 million]
of which 100%
was Manufacture and sale of filter products), and
Teho International Ltd Inc
based in Singapore
(54.38 million Singapore Dollars [US$40.31 million]
During the year ended March of 2019, sales at
Raiznext Corp were ¥97.33 billion (US$885.72 million).
increase of 8.6%
versus 2018, when the company's sales were ¥89.61 billion.
Despite this increase, sales are still
below the level achieved in 2017, when Raiznext Corp
reported sales of ¥101.92 billion.
Sales of General Industry saw an increase
that was more than double the company's growth rate: sales were up
33.8% in 2019, from
¥24.01 billion to ¥32.12 billion.
Not all segments of Raiznext Corp experienced an increase in sales in 2019:
sales of Other Business fell 7.9% to ¥136.51 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Raiznext Corp also experienced decreases in sales in
Petroleum and Petrochemical (down 0.6% to ¥65.07 billion)