Chuo Spring Co., Ltd. operates within the Steel springs, except wire sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Chuo Spring Co., Ltd. with three other
metal product manufacturers in Asia:
Neturen Co., Ltd.
sales of 48.81 billion Japanese Yen [US$462.19 million]
of which 54%
was Related Business Products Division),
Jamna Auto Industries Limited
(11.29 billion Indian Rupees [US$150.94 million]
Chita Kogyo Co Ltd
(13.49 billion Japanese Yen [US$127.78 million]
of which 100%
was Spring Product manufacturing and sales b).
During the year ended March of 2020, sales at
Chuo Spring Co., Ltd. were ¥83.39 billion (US$789.75 million).
a very small
increase of 0.5%
versus 2019, when the company's sales were ¥83.02 billion.
Despite this increase, sales are still
below the level achieved in 2018, when Chuo Spring Co., Ltd.
reported sales of ¥83.66 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Chuo Spring Co., Ltd. had sales
of ¥85.53 billion.
Sales of Asia saw an increase
that was more than double the company's growth rate: sales were up
4.2% in 2020, from
¥9.02 billion to ¥9.39 billion.
Chuo Spring Co., Ltd. also saw significant increases in sales in
Japan (up 2.6% to ¥61.06 billion)
Not all segments of Chuo Spring Co., Ltd. experienced an increase in sales in 2020:
sales of North America fell 13.8% to ¥6.80 billion.
Chuo Spring Co., Ltd. also experienced decreases in sales in
China (down 7.3% to ¥6.14 billion)