Nippon Electric Glass Co., Ltd.

Nippon Electric Glass Co., Ltd. Overview

Company Headquarters: Shiga, Japan

Founded: 1944

Workforce: ~6,875

Company Working: Nippon Electric Glass Co., Ltd. (Nippon Electric) is engaged in the manufacturing of specialty glass-based products. It operates through two major business units—electronics & information technology and performance materials & others. The company has manufacturing plants located in Japan, the US, China, Taiwan, the Netherlands, the UK, Malaysia, and South Korea. It has sales presence in nine countries, namely Japan, South Korea, China, Taiwan, Malaysia, the US, Germany, the Netherlands, and the UK. Some of the major industries served by the company are automotive, semiconductors, medical, and electronics.

Strategy

Nippon Electric is focusing on enhancing the quality of its products and garner the trust of clients and achieve complete client satisfaction. It is also focusing on competitive pricing, efficient production, steady supply of products, constant innovation, and technology upgradation. The company plans to do this through state-of-the-art manufacturing technologies and R&D.

Company Snapshot

$2,394M

Revenue

6,875

Employees

1944

Founded

Shiga, Japan

Headquarters

SWOT Analysis

Strengths

Large employee base
Increase in revenue by 6% from previous financial year

Weaknesses

Difficult to tap global demand since the administrative and manufacturing outlets are based in Japan

Opportunities

Mergers & acquisitions

Threats

Sluggish growth in Chinese market and prolonged Eurozone crisis

Key Developments

Date	Approach	Development
September 2016	Product Launch	Nippon Electric launched StellaShine, a super heat-resistant glass-ceramic. The product is used on the top plates of induction cooking devices and gas range. The product is eco-friendly, with no substrates of environmental concerns such as arsenic or antimony.

Product Offering

Nippon Electric Glass Co., Ltd.
- Consumer Glass
- Electronic Products

Financial Performance

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