nihonkohden

Financial Data

Overview by Region

Sales by Region

FY ended March 2022

  • Japan: Sales decreased 0.7%. Nihon Kohden concentrated on enhancing sales activities which match each market; the acute care hospital market, the small and mid-sized hospital market, and the clinic market. The Company also focused on consumables and services business as well as strengthening its marketing and service capabilities, creating customer value which contributed to improving medical safety, patient outcomes, and operating efficiency. Sales of Patient Monitors increased favorably and demand for certain products which had slumped in FY2020 recovered. The resumption of business negotiations related to IT system solutions also contributed to sales. Sales of locally purchased products decreased significantly as the Company focused on selling in-house products. Sales in the private hospital and clinic markets increased and sales in the university hospital market remained flat. Sales in the public hospital market decreased and sales of AEDs in the PAD market also decreased.
  • International: Sales increased 10.2%. Sales of all product categories increased as the Company succeeded in strengthening its business structure in the U.S. and emerging countries. Demand for certain products which had slumped in FY2020 recovered in all regions. Sales of consumables and services also increased favorably. Sales in the Americas and Asia & Other achieved double-digit growth, while sales in Europe decreased due to a reactionary decline from FY2020 when demand increased.
 Years ended March 31, millions of yen
  2018 2019 2020 2021 2022
Domestic Sales 128,144 130,223 134,355 137,274 136,321
Overseas Sales
(Overseas Sales Ratio)
46,105
(26.5%)
48,575
(27.2%)
50,651
(27.4%)
62,452
(31.3%)
68,807
(33.5%)
Total 174,249 178,799 185,007 199,727 205,129

Overseas Sales by Geographic Segments

FY ended March 2022
  • Americas: Sales increased 10.4%. Sales in the U.S. increased favorably. Sales in Latin America decreased due to a reactionary decline in Columbia where sales doubled in FY2020. 
  • Europe: Sales decreased 12.9%. Demand for certain products recovered, but not enough to cover the reactionary decline compared to the strong growth in FY2020.  
  • Asia & Other: Sales increased 25.7%. Sales in India, Thailand, Malaysia, and Egypt doubled, and sales in China and Vietnam also increased favorably.
Overseas Sales Composition by Geographic Segments
Overseas Sales by Geographic Segments
 Years ended March 31, millions of yen
  2018 2019 2020 2021 2022
Americas 22,000 23,508 24,731 30,288 33,436
Europe 8,462 8,167 9,044 13,139 11,449
Asia & Other 19,024 23,921
Asia 13,634 15,096 14,899
Other 2,008 1,802 1,976
Total 46,105 48,575 50,651 62,452 68,807
* Effective FY ended March 2021, Asia and Other are reclassified into Asia & Other.