Nihon Yamamura Glass Co., Ltd. (5210) Stock Price

Market cap
¥31B
P/E ratio
9.5x
Manufactures glass bottles, plastic containers, and electronics-grade glass for packaging and industrial customers across Asia through 14 subsidiaries.

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Business Overview

Nippon Yamamura Glass Co., Ltd. manufactures and sells glass bottles, plastic containers, and electronics-grade glass. The company operates 14 subsidiaries and 2 affiliated companies, and also handles design, manufacturing, and sales of equipment and plants related to these products, as well as transportation, storage, and on-site operations.

In the glass bottle business, Nippon Yamamura Glass manufactures and sells glass bottles. Subsidiaries Yamamura Seibinjo and Hoshi Glass manufacture and sell glass bottles, while Yamamura International Thailand handles trade in packaging materials and machinery. The company also manufactures and sells bottle-making machines and conveying equipment.

In the plastic container business, Yamamura Plastic Products manufactures plastic caps, which Nippon Yamamura Glass sells. Hoshi Glass handles product procurement and sales, and Zhencheng (Suzhou) Plastic Products Co., Ltd. manufactures and sells plastic caps in China. Yamamura Utama Indoplas is undergoing liquidation.

In the logistics business, Yamamura Logistics provides transportation, storage, and on-site operations for external customers, while Yamamura Warehouse handles these services for group companies. Nakayama Transport also provides transportation and storage services, with Nippon Yamamura Glass outsourcing operations to Yamamura Warehouse.

In the new glass business, Nippon Yamamura Glass manufactures and sells electronics-grade glass. Yamamura Photonics manufactures and sells glass components for electrical and electronic equipment. Taiwan Yamamura Optics Co., Ltd. has completed liquidation and been removed from the consolidated scope.

Other operations include Yamamura JR Cargo Kira Vege Station, which produces, processes, and sells agricultural products that Nippon Yamamura Glass procures and resells. Additionally, Shanzhao (Shanghai) Trading Co., Ltd. and Shanzhao (Hong Kong) Trading Co., Ltd. conduct packaging material trade. Affiliated company San Miguel Yamamura Packaging also manufactures and sells packaging containers.

Management Policy

Nippon Yamamura Glass Co., Ltd. is pursuing long-term growth through five management strategies. First, the company will strengthen its financial foundation by withdrawing from unprofitable operations and optimizing asset utilization. Second, it will reinforce existing businesses and build revenue-generating systems that can adapt to environmental changes.

Additionally, the company is preparing to develop new business areas for long-term growth. It will advance development toward a circular economy while strengthening environmental initiatives through cross-industry partnerships. The company also prioritizes creating a workplace where employees take pride in their work and fostering a strong corporate culture.

Nippon Yamamura Glass manufactures and sells glass bottles, plastic containers, and electronics-grade glass. In the glass bottle business, the company will establish manufacturing and sales operations responsive to supply-demand balance and develop high-value-added products. In the plastic container business, it will promote environmentally conscious product development and recycling activities.

In the logistics business, the company aims to acquire new customers by leveraging its expertise. In the new glass business, it will expand operations in the semiconductor and environmental energy sectors. In other operations, it will improve productivity in the plant business and strengthen sales capabilities. Through these initiatives, Nippon Yamamura Glass is pursuing sustainable growth.

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