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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 2021 JPYUSD
Revenue499,224M4,707.11M
Gross Profit105,415M993.94M
Operating income9,501M89.58M
Income before tax-17,171M-161.90M
Net income-16,930M-159.63M
EBITDA45,446M428.50M
Diluted EPS-208.31-1.96
Dividends Per Share00
Total Assets828,146M7,494.53M
Total liabilities748,384M6,772.70M
Total equity62,937M569.56M
Operating cash flow24,453M230.56M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 580,795M 598,897M 612,789M 556,178M 499,224M
Gross Profit 140,670M 153,843M 154,056M 124,462M 105,415M
Operating income 25,889M 33,885M 37,625M 17,898M 9,501M
Income before tax 14,751M 22,146M 22,730M -13,549M -17,171M
Net income 5,605M 6,164M 13,287M -18,925M -16,930M
EBITDA 58,294M 63,539M 65,740M 52,939M 45,446M
Diluted EPS 61.49 38.86 85.14 -235.95 -208.31
Dividends Per Share 0 20 20 0 0
Total Assets 797,225M 792,177M 764,159M 767,221M 828,146M
Total liabilities 663,517M 648,462M 631,653M 679,027M 748,384M
Total equity 124,146M 135,192M 123,760M 73,612M 62,937M
Operating cash flow 31,533M 37,224M 32,636M 31,934M 24,453M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 5,363.45M 5,403.62M 5,525.86M 5,115.41M 4,707.11M
Gross Profit 1,299.04M 1,388.06M 1,389.21M 1,144.73M 993.94M
Operating income 239.07M 305.73M 339.28M 164.61M 89.58M
Income before tax 136.22M 199.81M 204.96M -124.61M -161.90M
Net income 51.76M 55.61M 119.81M -174.06M -159.63M
EBITDA 538.32M 573.28M 592.81M 486.90M 428.50M
Diluted EPS 0.56 0.35 0.76 -2.17 -1.96
Dividends Per Share 0 0.18 0.18 0 0
Total Assets 7,154.49M 7,448.77M 6,903.90M 7,106.85M 7,494.53M
Total liabilities 5,954.56M 6,097.43M 5,706.76M 6,289.90M 6,772.70M
Total equity 1,114.11M 1,271.19M 1,118.12M 681.87M 569.56M
Operating cash flow 291.19M 335.85M 294.29M 293.71M 230.56M

Valuation Measures

Mar 2021
PER--
ROA-2.12%
ROE-24.79%
Operating margin1.90%
Profit margin-3.39%

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. (7.4%)
  • Nomura Asset Management Co., Ltd. (4.9%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
  • The Vanguard Group, Inc. (2.6%)
  • Daiwa Asset Management Co. Ltd. (2.1%)
  • Saudi Arabian Monetary Agency (Investment Management) (1.9%)
  • Nippon Sheet Glass Business Association (1.4%)
  • BlackRock Fund Advisors (1.4%)
  • Norges Bank Investment Management (1.3%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.9%)

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

  • Nippon Sheet Glass Co. Ltd. /Battery Separator Business/
  • Nippon Sheet Glass Ireland Ltd.
  • Pilkington Glass of Canada Ltd.
  • 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

Competitors

  • Compagnie de Saint-Gobain SA
  • Research Frontiers Incorporated
  • KCC GLASS Corporation
  • Turkiye Sise ve Cam Fabrikalari A.S.
  • Vitro SAB de CV Class A
Last Updated on 15 Oct, 2021

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