Overview and Profile

Since its foundation in 1934, Sinto has been committed to developing the most innovative technologies in order to supply the best foundry equipment in the process materials industry. This is based on: "Giving Form and Life to Process Materials."

As a result, Sinto has become the world's largest and most trusted manufacturer of foundry equipment. Sinto is able to offer sophisticated foundry technologies for improving casting quality, productivity and the work environment. Sinto has applied its experience and know-how of foundry technology to related fields, such as surface treatment, environmental equipment, and other applications, such as mechatronics, powder treatment, testing & measurement, ceramics, and material handling.

Sinto was founded in Nagoya, Japan under the name Kubota Seisakusho, Ltd. (Kubota Works). The headquarters remains in Nagoya but the Global Sinto Network now extends to a group of 48 companies in 12 countries and regions, with 3,839 employees worldwide.

 

Financial Data

During fiscal year 2016 (ended March 31, 2017), industry markets maintained favorable conditions in the United States and showed positive effects of measures supporting business in China, but growth overall remained slow. In Japan, an increase in exports was accompanied by an upward trend in production, contributing to improved corporate earnings, but movement toward economic recovery lacked power. Regarding Sinto’s business environment, domestically, results were patchy between industries, and capital investment was sluggish overall, but there was a rise in growth opportunities from new lines for a portion of automotive manufacturers. Overseas, with increased activity for capital investment in the U.S. automotive industry and infrastructure investment bottoming out in China, there was a slight recovery overall.

Under these conditions, Sinto had an order volume of ¥100,074 million (6.8% increase from the previous fiscal year), net sales of ¥95,048 million (0.9% increase), and order backlog of ¥34,092 million (17.3% increase). We made efforts to control cost through improved design efficiency and productivity, but as a result of the capital investment cycle due to government subsidies domestically, operating income was ¥4,887 million (14.4% decrease). Conversely, with an increased return on investment through foreign exchange gain and equity method, income before taxes added up to ¥5,844 million (5.6% increase), and net income attributable to shareholders of the parent company amounted to ¥3,358 million (24.1% increase).

Net Sales

Sales by Division

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