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Howa Machinery, Ltd. Country: Japan
1900-1, Sukaguchi, Shinkawa-cho, Nishi Kasugaigun, Aichi Prefecture, Japan. Phone 81-52-408-1251.
www.howa.co.jp Brands: Howa
Listed: Tokyo and Nagoya exchanges, No. 6203
Boring machines, machining centers, special-purpose machines incl. flexible transfer lines. Non-machine-tool products include building products, textile equipment, firearms. Subs in Brazil; sales co. in Singapore.  Traces to textile-machinery maker founded 1907.
Values in Millions
Fiscal Year Ended Mar. 2010 Change Mar. 2009 Change Mar. 2008
Total Consolidated Revenue, ¥ 20,283.0 -26% 27,567.0 -8% 29,852.0
M-T Revenue, ¥ 9,938.7 -29% 14,059.2 -4% 14,627.5
Net Profit (Loss), ¥ (3,217.0) (1,091.0) (530.0)
U.S. $ Conversion Factor 0.01070 0.01000 0.00878
Total Revenue, U.S. $ 217.0 -21% 275.7 5% 262.1
M-T Revenue, U.S. $ 106.3 -24% 140.6 9% 128.4
Net Profit (Loss), U.S. $ (34.4) (10.9) (4.7)
Financial Notes:
Machine tools and accessories estimated at 49% of total sales.