Nippon Electric Glass Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year Ending December 31, 2024
February 14, 2024 at 03:00 am EST
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Nippon Electric Glass Co., Ltd. provided dividend guidance for the second quarter and full year ending December 31, 2024. for the second quarter 2024, company expects dividend of JPY 65.00 per share compared to JPY 60.00 per share a year ago.
For the Year-end ending December 31, 2024, company expects dividend of JPY 65.00 per share compared to JPY 60.00 per share a year ago.
Nippon Electric Glass Co., Ltd. specializes in developing, manufacturing and marketing specialty glasses. Net sales break down by family of products as follows:
- glasses for electronic components (52.9%): LCD screen glasses, plasma screens, cathode ray tubes, optic products, etc.;
- performance glasses (47.1%): mainly glasses fibers, heat-resistant glasses, glass tubes for lighting, glass tubes for pharmaceutical and medical uses, glass films and glasses for building materials.
At the end of 2021, the group had 16 production sites worldwide.
Net sales break down geographically as follows: Japan (14.6%), China (29.7%), South Korea (16.6%), Europe (14.7%), the United States (13%) and other (11.4%).
NIPPON ELECTRIC GLASS CO., LTD. 
