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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 JPYUSD
Gross Profit43,747M322.81M
Operating income16,759M123.66M
Income before tax44,618M329.24M
Net income42,495M313.57M
Diluted EPS1,222.219.01
Dividends Per Share1150.84
Total Assets225,221M1,692.24M
Total liabilities117,356M881.77M
Total equity103,483M777.54M
Operating cash flow16,599M122.48M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 229,901M 222,469M 190,673M 206,184M 169,309M
Gross Profit 48,888M 46,542M 38,922M 43,418M 43,747M
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 1,222.21
Dividends Per Share 75 75 75 75 115
Total Assets 307,103M 296,427M 293,701M 299,468M 225,221M
Total liabilities 138,166M 132,084M 124,614M 169,402M 117,356M
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 2019Mar 2020Mar 2021Mar 2022Mar 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 322.81M
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 1,692.24M
Total liabilities 1,248.28M 1,223.50M 1,127.72M 1,395.69M 881.77M
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
Operating margin9.89%
Profit margin25.09%


  • 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


  • Dimensional Fund Advisors LP (4.2%)
  • Mizuho Bank Pension Fund (3.8%)
  • Nomura Asset Management Co., Ltd. (3.6%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
  • The Vanguard Group, Inc. (3.1%)
  • Central Glass Co., Ltd. (3.1%)
  • Yamaguchi Financial Group, Inc. (2.4%)
  • Sumitomo Mitsui Trust Bank Pension Fund (2.4%)
  • Asset Management One Co., Ltd. (2.4%)
  • Central Glass Business Association 2 (2%)

Contact Details

  • Website:
  • Address: Kowa-Hitotsubashi Building, 3-7-1 Kanda Nishiki-cho, Tokyo, 101-0054, Japan
  • Phone: +81.3.3259.7111

Related Companies

  • Central Glass Employee Incentive Plan
  • Central Glass Board Incentive Plan
  • Central Glass Business Association 2
  • CG Business Association
  • Central Glass Engineering Co., Ltd.
  • Mie Glass Industry Co., Ltd.
  • Central Glass Plant Services Co., Ltd.
  • Giga Gas & Electronic Materials Trading (Shanghai) Co., Ltd.
  • Central Chemical Co., Ltd.
  • Giga Gas & Electronic Materials (Singapore) Pte Ltd.
  • Central Glass Company India Pvt Ltd.
  • Central Glass Czech sro
  • Central Glass (Zhangjiagang) Co., Ltd.
  • Zhejiang Britech Central Glass Co., Ltd.
  • Central Glass Korea Co., Ltd.
  • Central Glass Sales Co., Ltd.
  • Central Glass Co. Ltd. /Local Architectural Glass Bus/
  • JCEL Co., Ltd.
  • Central Glass Chemspec Co., Ltd.
  • Giga Gas & Electronic Materials Co.
  • Central Glass Trading (Shanghai) Co., Ltd.
  • Central Glass International, Inc.
  • Taiwan Central Glass Co. Ltd.
  • Guardian Luxguard II SA
  • UBE Delivery Co. Ltd.
  • Central Glass Fiber Co., Ltd.
  • Japan Tempered & Laminated Glass Co., Ltd.
  • Kagi Shoten KK
  • Tokai Processing Center Co. Ltd.
  • Central Glass Tokyo Co. Ltd.


  • Enchem Co., Ltd.
Last Updated on 25 Sep, 2023

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