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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. 2009 Change Mar. 2008 Change Mar. 2007
Total Consolidated Revenue, ¥ 27,567.0 -8% 29,852.0 -20% 37,280.0
M-T Revenue, ¥ 14,059.2 -4% 14,627.5 -26% 19,758.4
Net Profit (Loss), ¥ (1,091.0) (530.0) 1,313.0
U.S. $ Conversion Factor 0.01000 0.00878 0.00856
Total Revenue, U.S. $ 275.7 5% 262.1 -18% 319.1
M-T Revenue, U.S. $ 140.6 9% 128.4 -24% 169.1
Net Profit (Loss), U.S. $ (10.9) (4.7) 11.2
Financial Notes:
Machine tools (40%) and M-T accessories (11%) are 51% of total sales.