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ShinMaywa Industries (TSE:7224) Allowance For Loans And Lease Losses


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What is ShinMaywa Industries Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


ShinMaywa Industries Business Description

Industry
Traded in Other Exchanges
Address
1-1 Shinmeiwa-cho, Takarazuka, Hyogo, JPN, 665-8550
ShinMaywa Industries Ltd manufactures a wide range of products, including parking systems, aircrafts, trucks, and other industrial systems. The company has four operating segments: aircraft, special-purpose truck, industrial machinery and environmental systems, and parking systems. The special-purpose truck segment generates roughly half of total sales and focuses on distributing dump trucks, lifters, compactors, and forestry machinery. The aircraft segment sells amphibian aircraft (capable of open-sea landing and takeoff) and aircraft parts to other manufacturers. Sales to customers located in Japan constitute about three fourths of total revenue.