Shinwa Co Ltd operates within the Welding apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shinwa Co Ltd with three other
machine tool and accessory manufacturers in Asia:
Obara Group Incorporated
sales of 51.73 billion Japanese Yen [US$469.68 million]
of which 62%
was Welding Equipment-Related Business),
Esab India Ltd
(6.72 billion Indian Rupees [US$94.57 million]
Ador Welding Ltd
based in India
(5.13 billion Indian Rupees [US$72.27 million]
of which 75%
During the year ended August of 2019, sales at
Shinwa Co Ltd were ¥62.46 billion (US$567.15 million).
increase of 10.4%
versus 2018, when the company's sales were ¥56.60 billion.
This was the third consecutive year of growth at Shinwa Co Ltd.
Sales of Operating Segment-China saw an increase
that was more than double the company's growth rate: sales were up
22.9% in 2019, from
¥3.25 billion to ¥4.00 billion.
Shinwa Co Ltd also saw significant increases in sales in
Operating Segment-Asia (up 21.3% to ¥3.65 billion)
Not all segments of Shinwa Co Ltd experienced an increase in sales in 2019:
sales of Other fell 6.3% to ¥804.82 million.
(However, this segment's sales were only a very small portion of the company's overall sales).