glass
Glass is a non-crystalline, often transparent, amorphous solid that has widespread practical, technological, and decorative use in, for example, window panes, tableware, and optics. Glass is most often formed by rapid cooling (quenching) of ...
manufacturer. The company is a manufacturer of glass for
flat panel displays
A flat-panel display (FPD) is an electronic display device, display used to display visual content such as text or images. It is present in consumer, medical, transportation, and industrial equipment.
Flat-panel displays are thin, lightweight, p ...
(FPD). It has about 20% share in the world's production of glass for
liquid crystal displays
A liquid-crystal display (LCD) is a flat-panel display or other electronically modulated optical device that uses the light-modulating properties of liquid crystals combined with polarizers. Liquid crystals do not emit light directly but in ...
(LCD).
The company is listed on the
Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed co ...
and is a constituent of the
Nikkei 225
The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the '' Nihon Keizai Shimbun'' (''The Nikkei'') newspaper since 1950 ...
stock index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance.
Two of the pri ...
.
History
*1944: Established with investment from
NEC Corporation
is a Japanese multinational information technology and electronics corporation, headquartered in Minato, Tokyo. The company was known as the Nippon Electric Company, Limited, before rebranding in 1983 as NEC. It provides IT and network soluti ...
and other companies.
*1949: Separated from NEC, and Nippon Electric Glass was founded as an independent company.
*1951: Successfully began use of the Danner process to form glass tubing automatically; initiated mass production.
*1956: Started continuous production of glass tubing using a tank furnace.
*1965: Started production of black-and-white CRT glass.
*1968: Started production of color CRT glass.
*1973: Company stock listed on the
Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed co ...
(TSE) and
Osaka Securities Exchange
, renamed from , is the largest derivatives exchange in Japan, in terms of amount of business handled.
, the Osaka Securities Exchange had 477 listed companies with a combined market capitalization of $212 billion. The Nikkei 225 Futures, intro ...
(OSE) (Second Section).
*1974: Started production of thin sheet glass for LCDs.
*1983: Company stock transferred to the First Section of the TSE and OSE.
*1988: Started CRT glass operations in the US via
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
with
O-I Glass
O-I Glass, Inc. is an American company that specializes in container glass products. It is one of the world's leading manufacturers of packaging products, holding the position of largest manufacturer of glass containers in North America, South A ...
. (Techneglas)
*1998: Started production of PDP substrate glass using the float process.
*1999: Acquired
ISO 14001
ISO 14000 is a family of standards related to environmental management that exists to help organizations (a) minimize how their operations (processes, etc.) negatively affect the environment (i.e. cause adverse changes to air, water, or land); (b ...
certification for all plants in Japan.
*1999: Started production of LCD substrate glass by the overflow process.
*2004: Ended CRT glass production in the US and