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Miyano Machinery Japan Inc. Country: Japan
500 Akazawa, Yabuki-machi, Nishishirakawa-gun, Fukushima,  969-0206 Japan. Phone 0248-44-3011.
www.miyano-jpn.co.jp www.miyano-usa.com Brands: Citizen Miyano
Listed: Tokyo exchange, 2d Section, #6162. Will be de-listed Sept 2010
NC lathes, multispindle turning machines, NC drilling and tapping machines. Est. 1929. Plants in Fukushima and Kitakami, Japan.
Values in Millions
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Fiscal Year Ended Mar. 2010 Change Dec. 2008 Change Dec. 2007
Total Consolidated Revenue, ¥ 9,226.0 -55% 20,527.0 -19% 25,432.0
M-T Revenue, ¥ 9,226.0 -55% 20,527.0 -19% 25,432.0
Operating Profit (Loss), ¥ (4,661.0) -829% 639.0 -74% 2,474.0
U.S. $ Conversion Factor 0.01070 0.00970 0.00850
Total Revenue, U.S. $ 98.7 -50% 199.1 -8% 216.2
M-T Revenue, U.S. $ 98.7 -50% 199.1 -8% 216.2
Operating Profit (Loss), U.S. $ (49.9) -905% 6.2 -71% 21.0
Financial Notes:
Family controlled until 2004 state-backed overhaul. Re-launched under 2006 IPO. Tender offer completed by Citizen Holdings Co. Ltd. October 2008 makes Citizen the parent company of Miyano; changes fiscal year end. May 2010 Citizen turns Miyano into wholly owned unit.
see:  Citizen