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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 2019 JPYUSD
Revenue612,789M5,525.86M
Gross Profit154,056M1,389.21M
Operating income37,625M339.28M
Income before tax22,730M204.96M
Net income13,287M119.81M
EBITDA65,740M592.81M
Diluted EPS85.140.76
Dividends Per Share200.18
Total Assets764,159M6,903.90M
Total liabilities631,653M5,706.76M
Total equity123,760M1,118.12M
Operating cash flow32,636M294.29M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 626,713M 629,172M 580,795M 598,897M 612,789M
Gross Profit 138,110M 142,755M 140,670M 153,843M 154,056M
Operating income 13,619M 17,848M 25,889M 33,885M 37,625M
Income before tax 4,807M -37,439M 14,751M 22,146M 22,730M
Net income 1,668M -49,838M 5,605M 6,164M 13,287M
EBITDA 55,471M 59,037M 58,294M 63,539M 65,740M
Diluted EPS 18.40 -551.75 61.49 38.86 85.14
Dividends Per Share 0 0 0 20 20
Total Assets 931,126M 819,381M 797,225M 792,177M 764,159M
Total liabilities 745,118M 707,370M 663,517M 648,462M 631,653M
Total equity 175,746M 103,109M 124,146M 135,192M 123,760M
Operating cash flow 27,724M 24,530M 31,533M 37,224M 32,636M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 5,704.83M 5,239.41M 5,363.45M 5,403.62M 5,525.86M
Gross Profit 1,257.18M 1,188.78M 1,299.04M 1,388.06M 1,389.21M
Operating income 123.97M 148.62M 239.07M 305.73M 339.28M
Income before tax 43.75M -311.77M 136.22M 199.81M 204.96M
Net income 15.18M -415.02M 51.76M 55.61M 119.81M
EBITDA 504.94M 491.62M 538.32M 573.28M 592.81M
Diluted EPS 0.16 -4.59 0.56 0.35 0.76
Dividends Per Share 0 0 0 0.18 0.18
Total Assets 7,764.23M 7,290.19M 7,154.49M 7,448.77M 6,903.90M
Total liabilities 6,213.19M 6,293.60M 5,954.56M 6,097.43M 5,706.76M
Total equity 1,465.46M 917.38M 1,114.11M 1,271.19M 1,118.12M
Operating cash flow 252.36M 204.27M 291.19M 335.85M 294.29M

Valuation Measures

Mar 2019
PER7.73
ROA1.70%
ROE10.26%
Operating margin6.13%
Profit margin2.16%

Key executives

  • President, CEO & Representative Director: Shigeki Mori
  • COO, Director & Representative EVP: Clemens Miller
  • CFO, Director & Representative EVP: Kenichi Morooka
  • Chief Technology Officer: Michael Robert Greenall
  • Executive Officer & Head-High-Performance Glass: Hiroshi Nishikawa

Shareholders

  • Nikko Asset Management Co., Ltd. (7.3%)
  • Nomura Asset Management Co., Ltd. (4.1%)
  • Dimensional Fund Advisors LP (3.4%)
  • The Vanguard Group, Inc. (2.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.5%)
  • Saudi Arabian Monetary Agency (Investment Management) (2.2%)
  • Rebuild KK (Minato) (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.6%)
  • Nippon Sheet Glass Business Association (1.2%)
  • BlackRock Fund Advisors (1.1%)

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
  • Tecnoglass Inc.
  • Anadolu Cam Sanayii A.S.
Last Updated on 6 Dec, 2019

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