| Type | Public, (TYO: 5202) |
|---|---|
| Founded |  1918 in Osaka |
| Headquarters | Tokyo, Japan |
| Key people | Yozo Izuhara (Chairman) Katsuji Fujimoto (President) |
| Industry | Glass |
| Products | Construction Automotive Information Technology Glass Fiber |
| Revenue | ¥ 739 billion (2009) |
| Operating income | ▲ ¥ 1,908 million (2009) |
| Net income | ▼ ¥ -28,392 million (2009) |
| Website | NSG Group |
Nippon Sheet Glass Co., Ltd. (日本板硝子株式会社 Nihon Ita-Garasu Kabushiki-gaisha) (TYO: 5202) is a Japanese glass manufacturer. In 2006 it purchased Pilkington of the United Kingdom. This makes NSG/Pilkington one of the four largest glass companies in the world alongside with another Japanese company Asahi Glass, Saint-Gobain, and Guardian Industries Corp..[1]
Contents |
History
The company was established in November 1918 as America Japan Sheet Glass Co., Ltd. with its head office in Osaka, after it obtained technology from Libbey Owens Ford Glass Co. of the United States to produce flat glass using the Colburn process. The company changed its name to the Nippon Sheet Glass Co., Ltd. in January 1931. It expanded operations across Japan post World War II , and in October 1970 acquired Nippon Safety Glass Co., Ltd. In April 1999 the company merged with Nippon Glass Fiber Co., Ltd. and Micro Optics Co., Ltd. In Apr 2001 the company acquired Nippon Muki Co., Ltd. and in July 2004 moved the registered head office from Osaka to Minato Ward in Tokyo.[2]
Pilkington
In 1986, Pilkington bought Libbey Owens Ford. Following an agreed acquisition of 20% of Pilkington of the United Kingdom in 2001, in 2006 NSG purchased the residual 80% of shares, a company then double its size.
Present
The NSG Group has combined sales of over JPY 700 billion, with manufacturing operations in 29 countries on five continents and sales in 130 countries and employing 31,000 people worldwide. The Group's Flat Glass businesses, encompassing Building Products and Automotive Products, account for 90 per cent of annual sales, with the balance being in Specialty Glass, covering the Information Technology and Glass Fiber businesses. Geographically, 47 per cent of the Group's sales are in Europe, 28 per cent in Japan and 13 per cent in North America, with the rest primarily in South America, South East Asia and Australia.[3]
In June 2008, the former CEO of Pilkington Stuart Chambers, became President of the group, the first non-Japanese man to do so.[4] As of 1st of October 2009, Stuart Chambers resigned as Representative Executive Director, President & CEO, and assumed the position of Senior Advisor. He was succeeded by Katsuji Fujimoto.[5]
References
- ^ "Flat glass market to be 39 million tons by 2010"
- ^ Corporate History | About NSG | NSG Corporate Website
- ^ About NSG | NSG Corporate Website
- ^ "Pilkington man breaks through glass ceiling to take top job at NSG of Japan". The Times. April 24, 2008. http://business.timesonline.co.uk/tol/business/industry_sectors/industrials/article3803021.ece. Retrieved 2008-04-27.
- ^ About NSG | NSG Corporate Website
External links
- (English) NSG Corporate Website
- (English) NSG Commercial Website
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