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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 2022 JPYUSD
Gross Profit84,715M644.08M
Operating income25,331M192.59M
Income before tax39,517M300.44M
Net income28,168M214.16M
Diluted EPS302.742.30
Dividends Per Share1200.91
Total Assets747,907M5,668.32M
Total liabilities218,992M1,659.72M
Total equity524,345M3,973.96M
Operating cash flow31,563M239.97M
Currency in JPYCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 300,326M 257,511M 242,886M 292,033M 324,634M
Gross Profit 68,118M 55,928M 51,720M 83,416M 84,715M
Operating income 24,130M 15,676M 16,434M 32,423M 25,331M
Income before tax 25,428M -19,268M 19,896M 39,139M 39,517M
Net income 15,200M -33,668M 15,253M 27,905M 28,168M
EBITDA 56,109M 46,462M 41,365M 59,144M 54,293M
Diluted EPS 154.24 -348.48 157.83 290.97 302.74
Dividends Per Share 100 100 100 110 120
Total Assets 725,320M 664,800M 658,139M 698,129M 747,907M
Total liabilities 203,769M 187,643M 181,215M 198,382M 218,992M
Total equity 516,452M 472,031M 472,199M 495,070M 524,345M
Operating cash flow 52,002M 21,637M 47,861M 69,881M 31,563M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 2,719.28M 2,362.25M 2,274.88M 2,657.90M 2,468.18M
Gross Profit 616.77M 513.05M 484.41M 759.20M 644.08M
Operating income 218.48M 143.80M 153.92M 295.09M 192.59M
Income before tax 230.23M -176.75M 186.34M 356.21M 300.44M
Net income 137.62M -308.85M 142.86M 253.97M 214.16M
EBITDA 508.03M 426.21M 387.42M 538.29M 412.78M
Diluted EPS 1.39 -3.19 1.47 2.64 2.30
Dividends Per Share 0.90 0.91 0.93 1.00 0.91
Total Assets 6,610.94M 6,117.32M 6,374.53M 6,062.51M 5,668.32M
Total liabilities 1,857.25M 1,726.64M 1,755.19M 1,722.73M 1,659.72M
Total equity 4,707.21M 4,343.51M 4,573.57M 4,299.16M 3,973.96M
Operating cash flow 470.85M 198.48M 448.26M 636.01M 239.97M

Valuation Measures

Dec 2022
Operating margin7.80%
Profit margin8.67%

Key executives

  • President & Head-Audit: Akira Kishimoto
  • Director, Head-Basic Technology & Quality Audit: Hiroki Yamazaki
  • Executive Officer & Head-Information Systems: Yoshiyuki Tamamura
  • Managing Executive Officer & GM-Process Technology: Haruki Matsumiya
  • Managing Executive Officer, GM-R&D: Masaaki Kadomi


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Contact Details

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