Nippon Electric Glass Co Ltd - Company Profile
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Nippon Electric Glass Co Ltd (NEG) is a manufacturer of glass. It produces and markets specialty glass products and glassmaking machinery. The company offers glasses for display, automotive, ICT, medical care, lighting, energy, social infrastructure, and home appliances. It also provides glasses for lighting, ceramic building materials, medical and laboratory applications, lighting use, and solar power generation. The company serves various brands including Neoparies, FireLite, Lamion, Lumiphous, StellaShine, Dinorex, LX Premium and others. NEG operates manufacturing facilities in Otsu, Shiga-Takatsuki, and Notogawa. It operates a precision glass center in Kusatsu and sales offices in Osaka and Tokyo. The company has also operations in overseas, including Malaysia, South Korea, Taiwan, China, the US, the UK, the Netherlands and Germany. NEG is headquartered in Otsu, Shiga, Japan.
Headquarters
Japan
Address
2-7-1, Seiran, Otsu-Shi, Shiga, 520-8639
Website
www.neg.co.jp
Telephone
81 77 5371700
No of Employees
6,349
Industry
Construction
Ticker Symbol & Exchange
5214 (TYO)
Revenue (2023)
$2.1B
-13.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-193%
(2023 vs 2022)
Market Cap*
$2.5B
Net Profit Margin (2023)
XYZ
-207.7%
(2023 vs 2022)
* As of and is in US$
Nippon Electric Glass Co Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Glass for Display Devices: | Neoparies |
| Stem Tubes | FireLite |
| Exhaust Tubes | Lamion |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company signed a virtual power purchase agreement with a renewable energy power generator for solar power. |
| 2023 | Contracts/Agreements | In December, the company entered into an agreement for the first time with an environmentally friendly energy source. |
| 2023 | Stake Sale | In May, the company dissolved its consolidated subsidiary Electric Glass (Korea) Co Ltd. |
Competitor Comparison
| Key Parameters | Nippon Electric Glass Co Ltd | AGC Inc | Corning Inc | Central Glass Co Ltd | Okamoto Glass Co., Ltd. |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | United States of America | Japan | Japan |
| City | Otsu-Shi | Chiyoda-Ku | Corning | Chiyoda-Ku | Kashiwa-Shi |
| State/Province | Shiga | Tokyo | New York | Tokyo | Chubu |
| No. of Employees | 6,349 | 57,609 | 49,800 | 3,350 | 238 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Motoharu Matsumoto | Chairman | Executive Board | 2023 | - |
| Akira Kishimoto | President; Director | Executive Board | 2023 | - |
| Tomonori Kano | Senior Vice President - Thin Film Business; Director; General Manager- Display Glass Group | Executive Board | 2021 | - |
| Mamoru Morii | Director; Senior Vice President | Executive Board | 2022 | - |
| Hiroki Yamazaki | Director; Senior Vice President - Intellectual Property, Quality Auditing, Environment, Fundamental Technology, Research & Technology, Product Safety Management | Executive Board | 2016 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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