Financial Data

Overview by Region

Sales by Region

FY ended March 2020

  • Japan: Sales increased 3.2%. Nihon Kohden introduced new products which match each market; the acute care hospital market, the small and mid-sized hospital market, and the clinic market. The Company also strengthened its marketing and service capabilities, creating customer value which contributes to improving medical safety, patient outcomes, and operating efficiency. As a result of these initiatives, sales increased. The last-minute increase in demand preceding the consumption tax increase was mostly offset by a corresponding decrease afterward. Sales in the university hospital market increased favorably as a result of large orders received in relation to construction of new hospitals. Sales in the public and private hospital markets also increased. Sales in the clinic market slightly declined and sales of AEDs in the PAD market slowed down because the Company refrained from nonessential visits to customers in response to the COVID-19 outbreak.
  • International: Sales increased 4.3%. Sales of Other Medical Equipment increased favorably. Sales of Physiological Measuring Equipment and Patient Monitors also increased, while sales of Treatment Equipment slightly decreased.
 Years ended March 31, millions of yen
  2016 2017 2018 2019 2020
Domestic Sales 121,989 124,764 128,144 130,223 134,355
Overseas Sales
(Overseas Sales Ratio)
Total 165,522 166,285 174,249 178,799 185,007

Overseas Sales by Geographic Segments

FY ended March 2020
  • Americas: Sales increased 5.2%. Sales in both the U.S. and Latin America increased favorably as the Company enhanced sales and service activities, and expanded its product line-up.  
  • Europe: Sales increased 10.7%. Sales in Europe showed double-digit growth, driven in particular by strong sales in Germany and Italy as demand for medical products such as patient monitors increased due to the growing number of COVID-19 patients.  
  • Asia: Sales decreased 1.3%. Sales increased on a local currency basis and decreased on a yen basis. Sales in India and the Middle East increased favorably, while sales in Southeast Asia were weak. Sales in China increased favorably on a local currency basis and remained flat on a yen basis.
  • Other: Sales increased 9.6% due to sales recovery in Africa, particularly in South Africa and Egypt.
Overseas Sales Composition by Geographic Segments
Overseas Sales by Geographic Segments
 Years ended March 31, millions of yen
  2016 2017 2018 2019 2020
Americas 19,455 18,953 22,000 23,508 24,731
Europe 8,084 6,988 8,462 8,167 9,044
Asia 13,877 12,639 13,634 15,096 14,899
Other 2,115 2,938 2,008 1,802 1,976
Total 43,533 41,520 46,105 48,575 50,651