Maruichi Steel Tube Ltd operates within the Steel pipe and tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Maruichi Steel Tube Ltd with three other
steel companies in Asia:
Korea Cast Iron Pipe Industry Company limited
of KOREA (SOUTH)
sales of 437.23 billion Korean Won [US$366.40 million]
of which 56%
was Steel Pipe),
Araya Industrial Company Limited
(41.05 billion Japanese Yen [US$388.30 million]
of which 98%
was Steel Pipe/Tubes Related Businesses), and
Prakash Industries Ltd
based in INDIA
(29.74 billion Indian Rupees [US$396.09 million]
During the year ended March of 2020, sales at
Maruichi Steel Tube Ltd were ¥154.93 billion (US$1.47 billion).
decrease of 7.5%
versus 2019, when the company's sales were ¥167.44 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Maruichi Steel Tube Ltd had sales
of ¥152.67 billion.
Contributing to the drop in overall sales was the 10.0% decline
in Surface-Treated Steel Sheet Business, from ¥27.43 billion to ¥24.70 billion.
There were also decreases in sales in
Pipe Business (down 7.5% to ¥122.42 billion)
However, these declines were partially offset by the increase in sales of
Others (up 1.3% to ¥7.80 billion)