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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 2019 JPYUSD
Revenue257,189M2,359.29M
Gross Profit55,606M510.09M
Operating income15,354M140.84M
Income before tax-19,268M-176.75M
Net income-33,668M-308.85M
EBITDA46,140M423.26M
Diluted EPS-348.48-3.19
Dividends Per Share1000.91
Total Assets664,800M6,117.32M
Total liabilities187,643M1,726.64M
Total equity472,031M4,343.51M
Operating cash flow21,637M198.48M
Currency in JPYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 251,177M 239,411M 282,447M 300,326M 257,189M
Gross Profit 52,399M 51,923M 71,376M 68,118M 55,606M
Operating income 19,885M 18,272M 31,296M 24,130M 15,354M
Income before tax 16,799M 15,202M 32,632M 25,428M -19,268M
Net income 9,636M 4,969M 27,184M 15,200M -33,668M
EBITDA 57,038M 49,611M 60,889M 56,109M 46,140M
Diluted EPS 96.85 49.95 273.28 154.24 -348.48
Dividends Per Share 80 80 90 100 100
Total Assets 726,937M 693,917M 764,420M 725,320M 664,800M
Total liabilities 207,136M 184,351M 220,626M 203,769M 187,643M
Total equity 513,219M 504,288M 538,820M 516,452M 472,031M
Operating cash flow 46,797M 48,261M 46,159M 52,002M 21,637M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 2,074.73M 2,203.32M 2,518.84M 2,719.28M 2,359.29M
Gross Profit 432.81M 477.85M 636.52M 616.77M 510.09M
Operating income 164.25M 168.15M 279.09M 218.48M 140.84M
Income before tax 138.76M 139.90M 291.00M 230.23M -176.75M
Net income 79.59M 45.73M 242.42M 137.62M -308.85M
EBITDA 471.13M 456.57M 543.00M 508.03M 423.26M
Diluted EPS 0.80 0.45 2.43 1.39 -3.19
Dividends Per Share 0.66 0.73 0.80 0.90 0.91
Total Assets 6,042.95M 5,949.47M 6,785.79M 6,610.94M 6,117.32M
Total liabilities 1,721.90M 1,580.58M 1,958.50M 1,857.25M 1,726.64M
Total equity 4,266.33M 4,323.64M 4,783.13M 4,707.21M 4,343.51M
Operating cash flow 386.54M 444.15M 411.64M 470.85M 198.48M

Valuation Measures

Dec 2019
PER--
ROA-4.84%
ROE-6.81%
Operating margin5.96%
Profit margin-13.09%

Key executives

  • President, Representative Director & Head-Audit: Motoharu Matsumoto
  • Director & Head-Information Systems: Koichi Tsuda
  • Director, General Manager-Research & Development: Hirokazu Takeuchi
  • Director & Head-Basic Technology: Hiroki Yamazaki
  • Executive Officer: Masaya Kubo

Shareholders

  • Nipro Corp. (11.6%)
  • Nomura Asset Management Co., Ltd. (6.5%)
  • Asset Management One Co., Ltd. (4.5%)
  • Nikko Asset Management Co., Ltd. (4.5%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (3.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Nippon Electric Glass Co., Ltd. (2.8%)
  • Daiwa Asset Management Co. Ltd. (2.4%)
  • The Vanguard Group, Inc. (2.2%)
  • 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.
  • Owens Corning
  • Shandong Pharmaceutical Glass Co., Ltd. Class A
Last Updated on 23 Oct, 2020

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