Nichiden Corporation operates in the Industrial machinery and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nichiden with three other
companies in this sector in Japan:
Furusato Industries, Ltd.
sales of 107.87 billion Japanese Yen [US$991.36 million]
of which 46%
was Equipment and tool),
Tsubakimoto Kogyo Co., Ltd.
(107.45 billion Japanese Yen [US$987.47 million]
of which 48%
was Western Japan), and
Nihon Denkei Co., Ltd.
(100.65 billion Japanese Yen [US$924.94 million]
of which 40%
was Electronic measuring instrument).
Nichiden reported sales of ¥124.60 billion (US$1.15 billion)
March of 2019.
increase of 4.1%
versus 2018, when the company's sales were ¥119.71 billion.
Sales at Nichiden have increased during each of the previous five years
(and since 2014, sales have increased a total of 42%).
Sales of Industrial Machine saw an increase
8.0% in 2019, from
¥25.56 billion to ¥27.60 billion.