JUKI’s Increases Sewing Machinery Sales by 6.6% in FY2018

JUKI Corporation reported that its consolidated sales of sewing machinery and systems in the fiscal year ending in December 2018 increased by 6.6% over the previous fiscal year to 73,615 million yen. Meanwhile, segment profits fell 11.8% to 5,186 million yen due to expenditures for developing the middle-end machine market.

Sales of high-end machines were strong in countries such as China, and sales in the Asian market for middle-end machines also increased.