ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Producer Manufacturing

Nippon Sheet Glass Co., Ltd.

Business Summary

Nippon Sheet Glass Co., Ltd. engages in the manufacture and sale of glass and glazing products. It operates through the following businesses: Architectural, Automotive, Technical Glass, and Others. The Architectural business manufactures and sells flat glass, interior and external glazing products, and glass for the solar energy sector. The Automotive business supplies automotive glazing for new vehicles and replacement markets. The Technical Glass business manufactures and sells very thin glass for small displays, lenses, light guides for printers, and glass fiber products that includes battery separators and glass components for engine timing belts. The Others business deals with the acquisition of Pilkington and small businesses. The company was founded on November 22, 1918 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue556,178M5,115.41M
Gross Profit124,462M1,144.73M
Operating income17,898M164.61M
Income before tax-13,549M-124.61M
Net income-18,925M-174.06M
EBITDA52,939M486.90M
Diluted EPS-235.95-2.17
Dividends Per Share200.18
Total Assets767,221M7,106.85M
Total liabilities679,027M6,289.90M
Total equity73,612M681.87M
Operating cash flow31,934M293.71M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 629,172M 580,795M 598,897M 612,789M 556,178M
Gross Profit 142,755M 140,670M 153,843M 154,056M 124,462M
Operating income 17,848M 25,889M 33,885M 37,625M 17,898M
Income before tax -37,439M 14,751M 22,146M 22,730M -13,549M
Net income -49,838M 5,605M 6,164M 13,287M -18,925M
EBITDA 59,037M 58,294M 63,539M 65,740M 52,939M
Diluted EPS -551.75 61.49 38.86 85.14 -235.95
Dividends Per Share 0 0 20 20 20
Total Assets 819,381M 797,225M 792,177M 764,159M 767,221M
Total liabilities 707,370M 663,517M 648,462M 631,653M 679,027M
Total equity 103,109M 124,146M 135,192M 123,760M 73,612M
Operating cash flow 24,530M 31,533M 37,224M 32,636M 31,934M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 5,239.41M 5,363.45M 5,403.62M 5,525.86M 5,115.41M
Gross Profit 1,188.78M 1,299.04M 1,388.06M 1,389.21M 1,144.73M
Operating income 148.62M 239.07M 305.73M 339.28M 164.61M
Income before tax -311.77M 136.22M 199.81M 204.96M -124.61M
Net income -415.02M 51.76M 55.61M 119.81M -174.06M
EBITDA 491.62M 538.32M 573.28M 592.81M 486.90M
Diluted EPS -4.59 0.56 0.35 0.76 -2.17
Dividends Per Share 0 0 0.18 0.18 0.18
Total Assets 7,290.19M 7,154.49M 7,448.77M 6,903.90M 7,106.85M
Total liabilities 6,293.60M 5,954.56M 6,097.43M 5,706.76M 6,289.90M
Total equity 917.38M 1,114.11M 1,271.19M 1,118.12M 681.87M
Operating cash flow 204.27M 291.19M 335.85M 294.29M 293.71M

Valuation Measures

Mar 2020
PER--
ROA-2.47%
ROE-19.17%
Operating margin3.21%
Profit margin-3.40%

Key executives

  • President, CEO & Representative Director: Shigeki Mori
  • COO, Director & Representative EVP: Clemens Miller
  • Chief Financial Officer & Senior Executive Officer: Reiko Kusunose
  • Chief Technology Officer: Michael Robert Greenall
  • Director, EVP & Chief Administration Officer: Kenichi Morooka

Shareholders

  • Nikko Asset Management Co., Ltd. (7.6%)
  • Nomura Asset Management Co., Ltd. (4.9%)
  • Dimensional Fund Advisors LP (3.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • The Vanguard Group, Inc. (2.7%)
  • Rebuild KK (Minato) (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Saudi Arabian Monetary Agency (Investment Management) (1.9%)
  • Nippon Sheet Glass Business Association (1.3%)
  • BlackRock Fund Advisors (1.2%)

Contact Details

  • Website:http://www.nsg.co.jp
  • Address: Sumitomo Fudosan Mita Twin Bldg West, 3-5-27 Mita, Tokyo, 108-6321, Japan
  • Phone: +81.3.5443.9523

Related Companies

  • NSG Asia Pte Ltd.
  • Nippon Sheet Glass Business Association
  • NSG Vietnam Glass Industries Ltd.
  • Pilkington Automotive India Pvt Ltd.
  • Shanghai Sheet Glass Machinery & Electrnc Int'l Trading Co.
  • Tianjin NSG Safety Glass Co. Ltd.
  • Suzhou NSG Electronics Co. Ltd.
  • NSG (Shanghai) Ltd.
  • Pilkington Brothers Superannuation Trustee Ltd.
  • Pilkington Properties Ltd.
  • L.N. Safety Glass SA de CV (California)
  • Pilkington Benelux Agr BV
  • OKI Glass Co. Ltd.
  • NSG Building Products Co. Ltd.
  • Nishinihon ITA Glass Center KK
  • NSG D&G System Co. Ltd.
  • Nippon Mukishoji Co. Ltd.
  • Chubu Rarts Co. Ltd.
  • Nissho Kosan Co. Ltd.
  • Kagami Crystal Co. Ltd.
  • NSG Interior KK
  • Nihon Itagarasu Minamikyushu Hambai KK
  • Bauglasindustrie GmbH
  • Pilkington Automotive Deutschland GmbH
  • Pilkington Prescot Ireland
  • NSG UK Enterprises III Unlimited
  • Pilkington US Investments NO3 Unlimited
  • NSG Holding (Europe) Ltd.
  • Pilkington Special Glass Ltd.
  • Pilkington Distribution Services Ltd.

Competitors

  • Research Frontiers Incorporated
  • Turkiye Sise ve Cam Fabrikalari A.S.
  • Compagnie de Saint-Gobain SA
  • Vitro SAB de CV Class A
  • Anadolu Cam Sanayii A.S.
Last Updated on 4 Dec, 2020

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more