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:
sales of 20.78 billion Indian Rupees [US$313.80 million]
of which 50%
was Building Product),
Xinyi Solar Holdings Ltd
of Hong Kong
(9.53 billion Hong Kong Dollars [US$1.21 billion]
of which 60%
was Sales of Solar Glass), and
Jiangsu Changhai Composite Materials Co Ltd
based in China
(2.03 billion Chinese Renmimbi [US$321.98 million]
of which 64%
was Glass Fibre).
During the year ended March of 2017, sales at
Nitto Boseki Co Ltd were ¥83.32 billion (US$774.08 million).
decrease of 3.3%
versus 2016, when the company's sales were ¥86.20 billion.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Nitto Boseki Co Ltd had sales
of ¥82.64 billion.
Contributing to the drop in overall sales was the 11.1% decline
in Textiles, from ¥5.57 billion to ¥4.95 billion.
There were also decreases in sales in
Basic Fiber Business (down 8.8% to ¥24.45 billion)
Appointment Business (down 0.6% to ¥21.71 billion)
Others (down 3.8% to ¥1.74 billion)
However, these declines were partially offset by the increase in sales of
Functional Materials (up 1.3% to ¥18.03 billion)
Environmental and Health Business (up 0.5% to ¥12.45 billion)