Daido Steel Company Limited operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Daido Steel Company Limited with three other
companies in this sector in JAPAN :
Kyoei Steel Ltd
sales of 239.34 billion Japanese Yen [US$2.27 billion]
of which 52%
was steel business domestic),
Aichi Steel Corporation
(242.26 billion Japanese Yen [US$2.29 billion]
of which 50%
was Steel Company), and
Sanyo Special Steel Co Ltd
(262.45 billion Japanese Yen [US$2.49 billion]
of which 92%
was Steel Material).
Daido Steel Company Limited reported sales of ¥490.42 billion (US$4.64 billion)
March of 2020.
decrease of 9.7%
versus 2019, when the company's sales were ¥543.26 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Daido Steel Company Limited had sales
of ¥483.63 billion.
Contributing to the drop in overall sales was the 12.5% decline
in Special Steel Business, from ¥207.74 billion to ¥181.67 billion.
There were also decreases in sales in
Electronic and Magnetic Materials (down 9.3% to ¥167.36 billion)
Automobile Parts, Industrial Machinery P (down 11.4% to ¥97.34 billion)
Engineering Business (down 3.4% to ¥26.58 billion)
However, these declines were partially offset by the increase in sales of
Distribution and Service (up 29.4% to ¥17.46 billion)