Nippon Sheet Glass Co., Ltd.

Company Profile

■URL

https://www.nsg.com/en

■Address

Sumitomo Fudosan Mita Twin Bldg. West Wing, 5-27, Mita 3-Chome, Minato-ku, Tokyo, 108-6321 Japan

Business Overview

-The Company is one of the world's three leading glass suppliers for automotive industry. It supplies its products to all major global automakers.

Shareholders

-Listed on the first section of the Tokyo Stock Exchange. (As of Mar. 31, 2023)
Name or Company Name Investment Ratio (%)
The Master Trust Bank of Japan, Ltd. (Trust Account) 16.22
Custody Bank of Japan, Ltd. (Trust Account) 4.87
Nomura Securities Co.,Ltd. 3.94
MSIP CLIENT SECURITIES 2.76
BNYM SA/NV FOR BNYM FOR BNYM GCM CLIENT ACCTS M ILM FE 2.20
MLI FOR CLIENT GENERAL OMNI NON COLLATERAL NON TREATY-PB 2.04
Customer share holding commission 1.67
JP JPMSE LUX RE BARCLAYS CAPITAL SEC LTD EQ CO 1.41
JP MORGAN CHASE BANK 385781 1.34
Sumitomo Life Insurance Company 1.00
Total 37.50

Products

Automotive
-Front & Rear door glass
-Front & Rear quarter glass
-Front & Rear vent glass
-Windshield glass
-Sunroof Glass
-Rear window glass

History

Feb. 1919 The Company was established as America Japan Sheet Glass Co., Ltd.
May 1919 Set up Futashima plant. (the name of the plant was changed to Wakamatsu plant in July 1950)
Dec. 1927 Established Isoraito Kogyo Co., Ltd. (currently a consolidated subsidiary)
Jan. 1931 Adopted its current name.
Aug. 1935 Established Yokkaichi plant.
Mar. 1941 Merged Tokunaga Sheet Glass Manufacturing Co., Ltd. And set up Amagasaki plant.
Nov. 1944 Closed the Amagasaki plant And transferred it to Sumitomo Kakozai Industry Co., Ltd.
Nov. 1949 Established a research center in Amagasaki city. (transferred to Itami city in July 1968)
June 1950 Listed on the Tokyo, Osaka, And Kobe Stock Exchanges.
Mar. 1951 Established Maizuru plant.
Oct. 1961 Isoraito Kogyo Co., Ltd. was listed on the second section of the Osaka And Nagoya Stock Exchanges.
Sept. 1963 Established Chiba plant.
Feb. 1965 Established floating method glass manufacturing facilities in Maizuru plant.
July 1968 Established a new research center in Itami City. Later renamed the Kansai Research Center, Research Laboratory in April 1994.
Oct. 1970 Merged Nippon Safety Glass Co., Ltd. And opened the Kawasaki Plant And Kyoto Plant.
Aug. 1971 Established floating method glass manufacturing facilities in Chiba Plant.
Jan. 1973 Acquired the trade right of window sash And other products from Nippon Sumi Sash Co., Ltd.
Dec. 1977 Closed Wakamatsu plant.
June 1978 Established additional floating method glass manufacturing facilities in Maizuru plant.
July 1979 Acquired trade rights for glass fiber products from Nippon Glass Fiber Co., Ltd. And started selling glass fiber.
Dec. 1979 Set up Tsuchiura factory at the site of Chiba plant.
July 1980 Established Sagamihara factory at the site of Kawasaki plant. (the name of the plant was changed to Sagamihara plant in June 1990.)
Oct. 1983 Established Tsukuba research center.
May 1987 Transferred manufacturing And trade right of short glass fiber to Nippon Microsie Wool Co., Ltd.
Apr. 1988 Transferred part of its trade right of the Environmental Division to Nippon Glass Sheet Environment Amenity Co., Ltd. (currently a consolidated subsidiary)
June 1990 Closed Kawasaki plant.
Sept. 1991 Isoraito Kogyo Co., Ltd. was listed on the first section of the Osaka And Nagoya Stock Exchanges. (formerly listed on the second section)
Nov. 1991 Established Aichi plant.
Apr. 1999 Merged with Nippon Glass Fiber Co., And Micro Optics Co., Ltd., which were previously consolidated subsidiaries.
Oct. 1999 Epitax Inc., which was previously a consolidated subsidiary was handed over to JDS Uniphase Corporation through a stock transaction.
May 2000 Formed a comprehensive business alliance with the UK's leading glass manufacturer, Pilkington, to achieve cooperative manufacturing worldwide in the area of automotive sheet glass.
Nov. 2000 Took over 33.3% of Nippon Muki Co., Ltd.'s authorized shares from Hitachi Chemical Co., Ltd.
Dec. 2000 Sold Osaka Headquarters building.
Mar. 2001 Nippon Muki Co., Ltd. delisted from second section of the Tokyo Stock Exchange.
Apr. 2001 Nippon Muki Co., Ltd. becomes a wholly owned subsidiary through a stock transaction.
Oct. 2001 Pilkington plc becomes a affiliated company applicable to the equity method.
Aug. 2004 Transferred a consolidated subsidiary, Isolite Insulating Products Co., Ltd., to Shinagawa Refractories Co., Ltd. through a public tender bid offered by Shinagawa.
Sep. 2004 Closed down the Aichi plant.
Oct. 2004 Took over the battery separator business from Nippon Muki Co. Ltd. opened the Tarui plant. The separator business was spun off from Nippon Muki.
Jun. 2006 Pilkington plc. became its wholly owned subsidiary.
Feb. 2007 Tokyo headquarters And the address for head office were moved to the current address (Mita, Minato-ku, Tokyo).
Jun. 2008 Sold shares in Mag to Saint-Gobain K.K. (Mag was an affiliated company accounted for under the equity method of accounting.)
Oct. 2009 Sold shares in Nippon Muki Co., Ltd. to Daikin Industries Ltd.
2011 Expanded production facility of automotive glass production plant in Poland
2018 Established the Business Innovation Center to accelerate the development and cultivation of new businesses.
2021 Announced its Mid-term Vision and its new mid-term management plan: Revival Plan 24 (RP24).
Transferred the battery separator business to ENTEK based in the USA.
2022 Moved from the First Section of the Tokyo Stock Exchange to the Prime Market due to the TSE's reorganization.
The automotive glass business in China has been transferred to China SYP Kangqiao Autoglass Co., Ltd.

Supplemental Information 1