Posted June 05, 2018 03:05:20 Kada, the Japanese maker of karaoke-playing machines, has announced a 7% jump in revenue from the first quarter of 2018, to around US$20 million.
The company reported sales of around 1.5 million units of its KitchenAid mixer, and said that it has also launched a new Kada TV, which will feature more music than any other appliance.
Kada has long been seen as a rival to the likes of Sony and Panasonic, but its products have grown increasingly popular over the last few years.
The company said in September that it had reached 1.7 billion units sold.
Its growth is also helped by the company’s focus on premium and professional kitchenware.
Its most popular products, including the mixer, range from $1,499 to more than US$5,000.
“We’ve seen our products gain popularity around the world, and now Kada is showing a little more growth globally,” said Jiro Morimoto, vice president of business development at Kada.
“As more people turn to Kada as their main mixer and mixer toaster, our sales are increasing as well.”
Kada’s new mixer, which is being sold in Europe and the United States, will include more features than the mixer in the US, like an alarm clock that can be turned on and off, and a microphone.
It will also have more than a dozen music tracks on it.
Kda also has a new appliance, the Kada D, which it plans to introduce in the fourth quarter.
The new product will feature a 3-D audio-visual display that can display up to 12 hours of music and audio.
The Kada line of appliances was launched in the United Kingdom in 2016, but has since grown to include many other countries.
In September, Kada said that the company was planning to launch a new product in Europe, the Bali Kitchen, in the third quarter.