Shima Seiki Manufacturing Ltd. Launched New Product According to BAC Report28 Sep 2011 • by Natalie Aster
LONDON – Last week Shima Seiki has launched a new computerized flat knitting machine SWG FIRST 154 S21, that has the following specs:
- 21 gauge
- shaping capability
- 21 needles to the inch cut
- gauge range 18 to 26 for single jersey
- 18 to 20 gauge for rib fabrics.
- i-DSCS+DTC allow high-speed knitting
- enhanced 3D simulation
This new machine has slide needle technology that makes lightweight jersey fabrics a reality. Besides, it offers easy modeling and pattern designing.
Company’s recent financial performance marks a recovery for Shima Seiki. Financial crisis hit in 2008 strongly affected company’s business, slowing down its activities. In June 30 2011 revenues and net incomes amounted to JPY 16402 M and JPY 1723 M respectively. In FY 2010 those indices reached JPY 42781 M and JPY 769 M, marking a 16% and 140.8% increase respectively.
Founded in 1962 and headquartered in Wakayama (Japan), Shima Seiki engages in manufacture and distribution of computerized knitting machines, related software, design, networking and CAD/CAM systems. It has representative offices in over 40 countries around the globe, and runs operations in over 60 countries. The company is public and registered at Osaka Stock Exchange.
More details on the company’s present activities, risk factors, business possibilities and experts’ forecasts can be found in the report “Shima Seiki Manufacturing Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Title: Shima Seiki Manufacturing Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Sep, 2011
An in-depth throughout overview of the overall Japan Heavy Machinery Industry and the competitive market landscape can be found in the report “Japan Heavy Machinery Industry Comparative Analysis and Companies Ranking”
More company reports featuring SWOT and financial information, industry and competitors analysis can be found in Company Reports Catalog.
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