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Nippon Sheet Glass SWOT and PESTLE Analysis

ID : 521786853| Nov 2023| 21 pages

COMPANY PROFILE -Nippon Sheet Glass

Business Sector :Glass Manufacturing

Operating Geography :Japan, Asia, Global

About Nippon Sheet Glass :

Nippon Sheet Glass Co., Ltd. (Nihon Ita-Garasu Kabushiki-gaisha) is a Japanese glass manufacturing firm headquartered in Tokyo. It bought Pilkington of the United Kingdom in 2006. This places NSG/Pilkington among the world's four largest glass firms, alongside Asahi Glass, Saint-Gobain, and Guardian Industries. They have three global business lines: architectural, which supplies glass for buildings and solar energy applications, automotive, which manufactures glass and glazing systems for automobiles globally, and technical glass, which operates in the display, office equipment, and glass fibre sectors. The company was founded in November 1918 as America Japan Sheet Glass Co., Ltd., with its headquarters in Osaka, after acquiring technology from the United States' Libbey Owens Ford Glass Co. to create flat glass using the Colburn process. In January 1931, the company changed its name to Nippon Sheet Glass Co., Ltd. Following WWII, it extended its activities throughout Japan, and in October 1970, it bought Nippon Safety Glass Co., Ltd. The company amalgamated with Nippon Glass Fibre Co., Ltd. and Micro Optics Co., Ltd. in April 1999. In April 2001, the firm bought Nippon Muki Co., Ltd., and in July 2004, the registered head office was relocated from Osaka to Tokyo's Minato Ward. As of March 31, 2023, there are 25,232 employees.

Nippon Sheet Glass’s unique selling point is that it is the world's fourth-largest glass business. Its objective is to provide global sustainability by replacing various items with glass. Its mission statement reads, "Our environment is the basis of all our business and we will protect nature, communities, and people."

Nippon Sheet Glass Revenue :


JPY 763.5 billion- FY ending 31st March 2023 (y-o-y growth +27.1%)
JPY 600.6 billion - FY ending 31st March 2022

Competitive Analysis of Nippon Sheet Glass

SWOT
PESTLE
The SWOT analysis for Nippon Sheet Glass is presented below in a matrix followed by the detailed analysis report:
Strengths
Weaknesses
1. Widespread global presence, with operations and distribution networks spanning across 100+ countries.
2. Boasts a diverse product portfolio catering to automotive, architecture, and creative technology industries
3. Strong research and development capabilities, leveraging advanced technological expertise in glass manufacturing.
4. Holds a strong market leadership position, enabling rapid expansion of successful products.
1. Nippon Sheet Glass faces the need to enhance both gross margins and operating margins
2. NSG faces an increase in revenue but a decline in operating profit
3. Vulnerable to fluctuation in raw material prices.
Opportunities
Threats
1. Growing adoption of glass in the automotive industry for advanced technologies and safety enhancements.
2. Increasing market demand for environmentally friendly and energy-efficient construction materials.
3. Potential expansion into emerging markets with growing construction and automotive sectors.
1. This competitive landscape puts pressure on NSG to maintain its market share in the face of aggressive rivals.
2. Inflation and interest rate fluctuations have a negative impact on company and client trust.
SWOT & PESTLE (combined)
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Detailed SWOT Analysis of Nippon Sheet Glass

Strength

1. Widespread global presence, with operations and distribution networks spanning across 100+ countries: Nippon Sheet Glass has a broad global presence, with operations and distribution networks in over 100 countries. This broad reach enables Nippon Sheet Glass to successfully service a wide range of markets across the world. NSG can adjust its goods and solutions to individual regional tastes, legislation, and industry standards by operating in many countries. Furthermore, NSG's extensive distribution network provides timely product delivery, technical assistance, and constant availability across several locations. This global presence also allows cooperation, information exchange, and innovation, helping Nippon Sheet Glass to stay ahead of the competition. Overall, NSG's global footprint establishes the firm as a major player in the glass and glazing sector, giving it a competitive advantage and the capacity to service clients worldwide.

2. Boasts a diverse product portfolio catering to automotive, architecture, and creative technology industries: NSG has a broad product line that caters to the automotive, architectural, and creative technology industries. NSG supplies a comprehensive range of glass solutions for cars in the automotive sector, assuring safety, durability, and maximum visibility. NSG provides a broad array of float glass, safety glass, energy-efficient glass, and speciality glass to the architectural industry, allowing architects to construct visually appealing and sustainable structures. NSG supplies innovative glass substrates for displays, touch panels, and optical components in the creative technology sector, contributing to high-quality and long-lasting electronic gadgets. NSG's ability to service these many sectors illustrates its versatility and glass production capabilities. NSG caters to a diverse client base and maintains a competitive edge in the worldwide market by using its extensive product line.

The remaining section under "Strength" is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threat

This section is available only in the 'Complete Report' on purchase.

Major Competitors :

    • Saint- Gobain
    • Trakya Cam Sanayii
    • AGC
    • Guardian Industries
    • Central Glass
    • Sisecam
    • Corning Inc.

Major Brands :

    • Nippon Sheet Glass
    • Pilkington (Subsidiary)
    • Glaverbel
    • Sekurit
    • Pilkington Eclipse Advantage
SWOT & PESTLE (combined)
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References used in Nippon Sheet Glass SWOT & PESTLE Analysis Report

1. Annual Report 2023 - https://www.nsg.com/-/media/nsg/site-content/ir/ir-presentations/annualresultspresentationsnotes2023_3_e01.pdf
2. Business wire - https://www.businesswire.com/news/home/20221128005322/en/Green-Building-Materials-Global-Market-Report-2022-Increased-Need-for-Sustainable-and-Eco-Friendly-Construction-Solutions-to-Drive-Growth---ResearchAndMarkets.com
3. Reuters.com - https://www.reuters.com/business/energy/japan-aims-36-38-energy-come-renewables-by-2030-2021-10-22/
4. Integrated reports - https://www.nsg.com/-/media/nsg/site-content/ir/integrated-reports/integratedreport2021_e02.pdf
The detailed complete set of references are available on request in the 'Complete report' on purchase.

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