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Electronic Technology

Nippon Electric Glass Co., Ltd.

Business Summary

Nippon Electric Glass Co., Ltd. engages in the manufacture and sale of specialty glass products and glassmaking machinery. It offers glass for flat panel displays, optical devices, electronic devices, solar cells, building materials, lighting, pharmaceutical, and medical applications; glass fiber; heat-resistant glasses; and thin film coatings. The company was founded on October 31, 1944 and is headquartered in Otsu, Japan.

Financial Highlights

Dec 2020 JPYUSD
Revenue242,886M2,274.88M
Gross Profit51,720M484.41M
Operating income16,434M153.92M
Income before tax19,896M186.34M
Net income15,253M142.86M
EBITDA41,365M387.42M
Diluted EPS157.831.47
Dividends Per Share1000.93
Total Assets658,139M6,374.53M
Total liabilities181,215M1,755.19M
Total equity472,199M4,573.57M
Operating cash flow47,861M448.26M
Currency in JPYCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 239,411M 282,447M 300,326M 257,511M 242,886M
Gross Profit 51,923M 71,376M 68,118M 55,928M 51,720M
Operating income 18,272M 31,296M 24,130M 15,676M 16,434M
Income before tax 15,202M 32,632M 25,428M -19,268M 19,896M
Net income 4,969M 27,184M 15,200M -33,668M 15,253M
EBITDA 49,611M 60,889M 56,109M 46,462M 41,365M
Diluted EPS 49.95 273.28 154.24 -348.48 157.83
Dividends Per Share 80 90 100 100 100
Total Assets 693,917M 764,420M 725,320M 664,800M 658,139M
Total liabilities 184,351M 220,626M 203,769M 187,643M 181,215M
Total equity 504,288M 538,820M 516,452M 472,031M 472,199M
Operating cash flow 48,261M 46,159M 52,002M 21,637M 47,861M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 2,203.32M 2,518.84M 2,719.28M 2,362.25M 2,274.88M
Gross Profit 477.85M 636.52M 616.77M 513.05M 484.41M
Operating income 168.15M 279.09M 218.48M 143.80M 153.92M
Income before tax 139.90M 291.00M 230.23M -176.75M 186.34M
Net income 45.73M 242.42M 137.62M -308.85M 142.86M
EBITDA 456.57M 543.00M 508.03M 426.21M 387.42M
Diluted EPS 0.45 2.43 1.39 -3.19 1.47
Dividends Per Share 0.73 0.80 0.90 0.91 0.93
Total Assets 5,949.47M 6,785.79M 6,610.94M 6,117.32M 6,374.53M
Total liabilities 1,580.58M 1,958.50M 1,857.25M 1,726.64M 1,755.19M
Total equity 4,323.64M 4,783.13M 4,707.21M 4,343.51M 4,573.57M
Operating cash flow 444.15M 411.64M 470.85M 198.48M 448.26M

Valuation Measures

Dec 2020
PER14.29
ROA2.30%
ROE3.23%
Operating margin6.76%
Profit margin6.27%

Key executives

  • President, Representative Director & Head-Audit: Motoharu Matsumoto
  • Director & Head-Basic Technology: Hiroki Yamazaki
  • Managing Executive Officer & GM-Process Technology: Haruki Matsumiya
  • Managing Executive Officer, GM-R&D: Masaaki Kadomi
  • Executive Officer & Head-Sales: Hiroaki Nomura

Shareholders

  • Nipro Corp. (10.1%)
  • Nomura Asset Management Co., Ltd. (6.5%)
  • Asset Management One Co., Ltd. (4.5%)
  • Nikko Asset Management Co., Ltd. (4.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Nippon Electric Glass Co., Ltd. (2.8%)
  • Daiwa Asset Management Co. Ltd. (2.6%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (2.0%)
  • Dimensional Fund Advisors LP (2.0%)
  • Baillie Gifford & Co. (1.9%)

Contact Details

Related Companies

  • Nippon Electric Glass Restricted Stock Compensation Plan
  • Electric Glass Fiber UK Ltd.
  • Electric Glass (Nanjing) Co., Ltd.
  • PPG Industries, Inc. /European Glass Fiber Business/
  • Nippon Electric Glass Taiwan Co., Ltd.
  • Nippon Electric Glass Europe GmbH
  • Nippon Electric Glass America, Inc.
  • Electric Glass (Korea) Co., Ltd.
  • Electric Glass (Guangzhou) Co., Ltd.
  • Electric Glass (Shanghai) Co., Ltd.
  • Electric Glass (Xiamen) Co., Ltd.
  • Electric Glass Building Materials Co., Ltd.
  • Nippon Electric Glass Technical Information Center Co., Ltd.
  • Nippon Electric Glass (Malaysia) Sdn. Bhd.
  • New Manpower Service KK
  • SGS Engineering Co. Ltd.
  • Denkigarasuunyusabisu KK
  • Denki Glass Butsuryu Service KK
  • Denki Glass Univer Support KK
  • Denki Garasu Boueki KK
  • Paju Electric Glass Co., Ltd.
  • Nippon Electric Glass (Korea) Co., Ltd.
  • Techneglas LLC
  • Nippon Electric Glass Employee Stock Ownership Plan

Competitors

  • Corning Inc
  • China Jushi Co., Ltd. Class A
  • U.I. Display Co., Ltd.
  • Jiangsu Jiuding New Material Co., Ltd. Class A
Last Updated on 15 Oct, 2021

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