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nippon electric glass co ltd (5214) Details

Nippon Electric Glass Co. Ltd., together with its subsidiaries, engages in the manufacture and sale of specialty glass products and glassmaking machinery. The company offers glass for liquid crystal displays, plasma display panels, cathode ray tubes, and electronic and optical devices, as well as glass fibers. It also provides glass for building materials and heat-resistant glass, as well as lighting, medical, and laboratory applications. The company operates in Japan, Korea, Taiwan, China, Malaysia, the United States, and Europe. Nippon Electric Glass Co., Ltd. was incorporated in 1944 and is headquartered in Otsu, Japan.

Founded in 1944

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nippon electric glass co ltd (5214) Key Developments

Nippon Electric Glass Co. Ltd. Appoints Akihisa Saeki as a Director

Nippon Electric Glass Co. Ltd. has appointed Akihisa Saeki as a Director. The effective date is June 27, 2014.

Nippon Electric Glass to Invest USD 195.8 Million to Raise Production Capacity in Malaysia

Nippon Electric Glass plans to spend about JPY 20 billion to boost its production capacity for glass fibre in Malaysia, reportsKyodo News. The investment will go towards increasing capacity at its wholly owned Nippon Electric Glass (Malaysia) Sdn. Bhd. unit in Selangor state. The investment is expected to boost the subsidiary's annual production capacity by 30% when the new capacity comes on stream in April 2015. The glass fibre produced is used as a reinforcing agent in thermoplastic.

Nippon Electric Glass Co. Ltd., Annual General Meeting, Jun 27, 2014

Nippon Electric Glass Co. Ltd., Annual General Meeting, Jun 27, 2014. Agenda: To amend articles of incorporation; and to change fiscal year end from March 31 to December 31.

 

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5214:JP ¥584.00 JPY +8.00

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Asahi Glass Co Ltd ¥587.00 JPY -7.00
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5214

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Valuation 5214 Industry Range
Price/Earnings 23.8x
Price/Sales 1.2x
Price/Book 0.6x
Price/Cash Flow 19.1x
TEV/Sales 0.2x
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