Foster Electric Company, Limited operates within the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Foster Electric Company, Limited with three other
companies in this sector in JAPAN :
TOA Corp (Hyogo)
(2020
sales of 45.07 billion Japanese Yen [US$434.46 million]
of which 65%
was Japan),
Funai Electric Co., Ltd.
(88.43 billion Japanese Yen [US$852.42 million]
of which 58%
was Northern America), and
Maxell Holdings Ltd
(145.04 billion Japanese Yen [US$1.40 billion]
of which 38%
was Industrial material).
Sales Analysis.
During the year ended March of 2020, sales at
Foster Electric Company, Limited were ¥107.30 billion (US$1.03 billion).
This
is
a
sharp
decrease of 23.5%
versus 2019, when the company's sales were ¥140.30 billion.
Contributing to the drop in overall sales was the 42.0% decline
in Mobile Audio Business, from ¥63.85 billion to ¥37.06 billion.
There were also decreases in sales in
Speaker Business (down 9.2% to ¥63.96 billion)
.
However, these declines were partially offset by the increase in sales of
Other Business (up 3.9% to ¥6.28 billion)
.