Nitto Boseki Co Ltd operates within the Pressed and blown glass sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nitto Boseki Co Ltd with three other
glass product manufacturers in Asia:
Asahi India Glass Limited
sales of 26.43 billion Indian Rupees [US$361.33 million]
of which 57%
was Automotive Glass),
Ishizuka Glass Co., Ltd.
(73.75 billion Japanese Yen [US$710.16 million]
of which 42%
was Plastic Container Related Businesses), and
Nihon Yamamura Glass Company limited
(67.37 billion Japanese Yen [US$648.79 million]
of which 69%
was Glass Container).
During the year ended March of 2020, sales at
Nitto Boseki Co Ltd were ¥85.72 billion (US$825.50 million).
increase of 4.2%
versus 2019, when the company's sales were ¥82.29 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Nitto Boseki Co Ltd had sales
of ¥90.22 billion.
Sales of Functional Materials saw an increase
that was more than double the company's growth rate: sales were up
41.3% in 2020, from
¥14.04 billion to ¥19.84 billion.
Nitto Boseki Co Ltd also saw significant increases in sales in
Life Science (up 9.9% to ¥15.05 billion)
Not all segments of Nitto Boseki Co Ltd experienced an increase in sales in 2020:
sales of Others fell 45.7% to ¥796.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Nitto Boseki Co Ltd also experienced decreases in sales in
Basic Fiber Business (down 5.4% to ¥25.02 billion)
Appointment Business (down 1.8% to ¥21.40 billion)
Textiles (down 25.6% to ¥3.62 billion)