Shimadzu, the Japanese corporation with business interests that span Aviation, Industrial Machinery, Medical Systems and Analytical and Measuring Instruments, has reported results for the full year ending March 2016. Key financials have reached all time highs with Group sales showing an 8.7% increase to ¥342.2 Billion for the year. Ordinary income reached ¥29.3 Billion, an increase of 22.7% over the previous year.
Analytical and Measuring Instruments is by some margin the largest part of the Group with sales of ¥208.4 Billion or 60.9% of the total, and in this sector, Chromatography accounted for 52.2% of sales at ¥108.9 Billion. Chromatography therefore represents 31.8% of Group sales in 2015/16. The Analytical and Measuring Instruments business achieved growth of 8.2% over the previous year.
Geographically, Japan accounts for 49% of Group sales or ¥167.9 Billion. This is an increase of ¥10 Billion or 6.4% on the previous year. Of the 51% of sales exported, China and other parts of Asia remain key to the business and also showed the greatest growth. Sales in this region were ¥88.4 Billion, an increase of ¥12 Billion on the previous year. Collectively, Japan, China and other Asian countries (India, Taiwan, Korea) account for 75% of Group sales.