Process Industries

Central Glass Co., Ltd.

Business Summary

Central Glass Co., Ltd. engages in production, fabrication, sale and purchase of glass and chemical products. It operates through the following segments: Glass Business and Chemicals Business. The Glass Business segment manufactures and distributes architectural glass, glass products for automobiles and electronic materials. The Chemicals Business segment produces and sells chemical and fine chemical products, fertilizer, and glass fiber. The company was founded on October 10, 1936 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	169,309M	1,249.35M
Gross Profit	42,967M	317.05M
Operating income	16,759M	123.66M
Income before tax	44,618M	329.24M
Net income	42,495M	313.57M
EBITDA	25,788M	190.29M
Diluted EPS	1,222.20	9.01
Dividends Per Share	115	0.84
Total Assets	221,090M	1,661.20M
Total liabilities	113,225M	850.74M
Total equity	103,483M	777.54M
Operating cash flow	16,599M	122.48M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	229,901M	222,469M	190,673M	206,184M	169,309M
Gross Profit	48,888M	46,542M	38,922M	43,418M	42,967M
Operating income	10,116M	7,944M	4,065M	7,264M	16,759M
Income before tax	11,049M	8,976M	4,858M	-38,630M	44,618M
Net income	7,578M	6,419M	1,231M	-39,843M	42,495M
EBITDA	22,720M	20,880M	16,915M	19,446M	25,788M
Diluted EPS	187.22	158.58	30.39	-984.58	1,222.20
Dividends Per Share	75	75	75	75	115
Total Assets	307,103M	296,427M	293,701M	299,468M	221,090M
Total liabilities	138,166M	132,084M	124,614M	169,402M	113,225M
Total equity	165,272M	161,007M	165,574M	126,086M	103,483M
Operating cash flow	12,650M	17,226M	17,918M	14,872M	16,599M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	2,073.14M	2,046.14M	1,797.82M	1,834.82M	1,249.35M
Gross Profit	440.85M	428.06M	366.98M	386.37M	317.05M
Operating income	91.22M	73.06M	38.32M	64.64M	123.66M
Income before tax	99.63M	82.55M	45.80M	-343.76M	329.24M
Net income	68.33M	59.03M	11.60M	-354.56M	313.57M
EBITDA	204.87M	192.04M	159.48M	173.04M	190.29M
Diluted EPS	1.68	1.45	0.28	-8.76	9.01
Dividends Per Share	0.67	0.68	0.70	0.66	0.84
Total Assets	2,774.56M	2,745.83M	2,657.92M	2,467.29M	1,661.20M
Total liabilities	1,248.28M	1,223.50M	1,127.72M	1,395.69M	850.74M
Total equity	1,493.17M	1,491.42M	1,498.40M	1,038.81M	777.54M
Operating cash flow	114.07M	158.43M	168.94M	132.34M	122.48M

Valuation Measures

Mar 2023
PER	2.40
ROA	16.32%
ROE	37.02%
Operating margin	9.89%
Profit margin	25.09%

Key executives

Executive President & Representative Director: Tadashi Shimizu
Representative Director: Toru Miyauchi
Representative Director: Kazuhiko Maeda
Director & Managing Executive Officer: Takashi Kume
Director & Managing Executive Officer: Minoru Irisawa

Shareholders

Central Glass Co., Ltd. (4.9%)
Dimensional Fund Advisors LP (4.9%)
Mizuho Bank Pension Fund (4.7%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.7%)
Nomura Asset Management Co., Ltd. (3.6%)
Yamaguchi Financial Group, Inc. (2.4%)
CG Business Association (2.4%)
Sumitomo Mitsui Trust Bank Pension Fund (2.4%)
The Vanguard Group, Inc. (2.3%)
Yamaguchi Bank Trust (1.7%)

Contact Details

Website:http://www.cgco.co.jp
Address: Kowa-Hitotsubashi Building, 3-7-1 Kanda Nishiki-cho, Tokyo, 101-0054, Japan
Phone: +81.3.3259.7111

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Competitors

Enchem Co., Ltd.

Last Updated on 5 Jun, 2023