Nichia Steel Works, Ltd. operates in the Steel wire and related products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nichia Steel Works, Ltd. with three other
companies in this sector in JAPAN :
Nippon Seisen Co., Ltd.
sales of 34.91 billion Japanese Yen [US$330.60 million]
of which 91%
(13.08 billion Japanese Yen [US$123.86 million]
of which 100%
was Civil construction material), and
Shinko Wire Company, Ltd.
(30.28 billion Japanese Yen [US$286.76 million]
of which 53%
was Special steel wire-related business).
Nichia Steel Works, Ltd. reported sales of ¥30.94 billion (US$292.99 million)
March of 2020.
decrease of 1.0%
versus 2019, when the company's sales were ¥31.25 billion.
Contributing to the drop in overall sales was the 7.6% decline
in Other Businesses, from ¥620.92 million to ¥574.00 million.
There were also decreases in sales in
Special Wire Rod Production Business (down 2.4% to ¥14.71 billion)
Wire Rod Production Business (down 2.9% to ¥10.00 billion)
However, these declines were partially offset by the increase in sales of
Wire Products Threaded Studs Business (up 6.5% to ¥5.44 billion)
Real Estate Rental (up 54.6% to ¥210.84 million)