Nippon Electric Glass Co., Ltd.
5214・Prime Market・Glass & Ceramics Products
Governance
Company with a Board of Corporate Auditors (7 directors, of which 4 are outside directors). A Nomination and Compensation Advisory Committee has been established, with outside directors constituting a majority. Director terms are one year, and the company has adopted an executive officer system to expedite decision-making and separate the supervisory function.
Risk Management
The Company conducts periodic risk surveys based on the "Basic Policy on Internal Control," with responsible departments and specialized committees addressing matters through the development of regulations, training, and manual creation. For new risks, the President promptly designates the person responsible, and a framework has been established for important matters to be deliberated on and reported to the Board of Directors and the Management Committee. Risks identified by the Sustainability Committee are also incorporated into this survey.
Shareholder Returns
Under a basic policy of stable dividends targeting DOE of 3%, the projected annual dividend for FY2026 (ending December 2026) is ¥160 per share (¥80 at the second-quarter end plus ¥80 year-end), an increase of ¥10 from the previous fiscal year. Share buybacks based on the resolution dated February 6, 2026 are ongoing.
Dividend Policy
The company targets a DOE of 3% and expands stable dividends as a basic policy, taking into account business performance, financial condition, and growth investments. Dividends are paid twice a year: the second-quarter-end dividend (resolved by the Board of Directors) and the year-end dividend (resolved at the general shareholders' meeting). For FY2025 (ended December 2025), the actual dividend was ¥70 at the interim and ¥80 at year-end, totaling ¥150. For FY2026 (ending December 2026), the projected dividend is ¥80 at the second-quarter end and ¥80 at year-end, totaling ¥160.
ESG
The company endorses the TCFD recommendations and is promoting the deployment of all-electric melting technology and other initiatives with the goal of reducing CO2 emissions (Scope 1+2) by 36% by FY2030 and achieving carbon neutrality by 2050. Based on FY2025 results, CO2 emissions have already achieved the FY2030 target. In terms of human capital, the ratio of female managers (12.6% on a group basis) and the ratio of female new graduate hires (25.8%) achieved their targets, while the employment rate of persons with disabilities (4.0%), the presenteeism loss ratio (24.9%), and the ratio of mental health-related leave (1.5%) fell short of their targets. In January 2026, the CSR Committee was reorganized into the Sustainability Committee, strengthening the promotion framework through four working teams covering environment, human capital, procurement, and community contribution.
Last updated: March 26, 2026