1. Japan Stocks

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    Basic Materials

  3. •

    Construction Materials
Central Glass Co., Ltd.

Central Glass Co., Ltd.

CGCLF
Central Glass Co., Ltd.US flagOther OTC
23.86
USD
- -
- -
591.56MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4,146.89
4,578.5
4,756.73
5,668.92
5,582.2
5,613.57
5,680.64
5,497.13
4,711.58
5,094.99
4,869.68
6,470.48
5,820.63
3,278.35
Basic EPS, GAAP
116.13
119.56
248.41
241.99
261.02
73.43
187.22
158.59
30.39
-984.58
1,222.22
503.55
229.14
274.7
Free Cash Flow per Basic Share
62.7
240.92
73.09
123.01
-96.06
-148.32
-188.73
95.68
257.95
162.28
294.52
610.85
726.16
- -
Dividend per Share
34.98
39.98
39.99
50.05
55.09
50.12
49.99
87.5
75
75
85.77
136.08
190.08
- -
Book Value per Share
2,674.76
2,759.39
2,985.28
3,198.1
3,450.24
3,509.51
3,648.09
3,720.93
3,691.05
2,635
4,203.43
3,979.45
4,018.59
3,988.97
Tangible Book Value per Share
2,974
3,204.91
3,708.94
3,817.25
4,183.29
4,290.25
4,130.98
4,020.71
4,144.04
3,181.38
3,074.06
4,810.88
4,842.97
4,866.47
Basic Weighted Avg Shares
42
42
42
42
41
41
40
40
40
40
35
25
25
25
Sales/Revenue/Turnover
173,543
191,581
199,010
235,361
228,898
227,810
229,901
222,469
190,673
206,184
169,309
160,339
144,233
81,224
Operating Margin (%)
4.35
5.28
5.8
5.93
5.67
2.65
4.41
3.59
2.13
3.52
9.9
9.06
7.37
10.48
Depreciation Expense
8,111
8,969
9,341
10,523
10,619
12,192
12,604
12,936
12,850
12,182
9,029
9,117
8,888
- -
Net Income, GAAP
4,860
5,003
10,393
10,047
10,703
2,980
7,577
6,418
1,230
-39,844
42,494
12,478
5,678
6,806
Effective Tax Rate (%)
43.62
41.59
7.17
33.07
25.77
46.13
25.26
22.34
60.7
- -
2.73
19.45
32.32
15.31
Profit Margin (%)
2.8
2.61
5.22
4.27
4.68
1.31
3.3
2.88
0.65
-19.32
25.1
7.78
3.94
8.38
Working Capital
38,963
35,898
51,278
46,774
54,680
54,319
68,303
66,074
72,997
27,508
54,028
70,791
65,789
73,653
LT Debt
22,469
14,698
31,568
29,528
42,313
47,236
53,712
46,710
43,884
37,198
44,334
41,720
26,610
37,913
Total Equity
125,413
135,184
156,579
159,944
172,949
175,626
168,931
164,337
169,081
130,061
107,859
120,049
121,062
121,495
Return on Invested Capital (%)
2.44
3.24
5.4
4.32
4.14
1.31
3.06
2.63
0.7
- -
9.3
6.71
4.24
4.18
Return on Capital (%)
3.11
3.14
6.12
5.5
5.23
1.37
3.34
2.87
0.34
- -
22.59
6.4
3.36
4.33
Return on Common Equity (%)
4.41
4.4
8.65
7.8
7.81
2.1
5.22
4.3
0.82
-31.13
33.62
10.2
5.73
7.1

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
11,285
- -
8,284
LT Borrowings
41,720
- -
37,913
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
- -
25
Market Capitalization
- -
- -
78,704

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
115,795
- -
111,997
Cash, Cash Equivalents & STI
21,000
- -
24,333
Accounts Receivable, Net
42,655
- -
34,145
Inventories
49,075
- -
50,600
Total Current Liabilities
45,004
- -
38,344
Payables & Accruals
- -
- -
- -
ST Debt
11,285
- -
8,284
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.98%
-5.02%
0.84%
Free Cash Flow
7.4%
51.03%
18.87%
Net Income, GAAP
-368.2%
-750.4%
-54.5%
Sales/Revenue/Turnover
-2.67%
-7.88%
-10.04%
Total Cash Common Dividend
- -
- -
39.68%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
39,010
40,105
41,754
39,470
160,339
2025
- -
- -
- -
- -
144,233
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
114.25
- -
- -
- -
503.55
2025
- -
- -
- -
- -
229.14
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
136.08
2025
- -
- -
- -
- -
190.08
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Kazuhiko Maeda
Full Time Employees
3,314
Sector
Basic Materials
Industry
Construction Materials
Address
Kowa-Hitotsubashi Building Tokyo Japan 101-0054
IPO Date
Nov 1, 2022
Website
cgco.co.jp
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Business
Central Glass Co., Ltd. manufactures and sells glass and chemical products primarily in Japan, Asia, Europe, and North America. The company, founded in 1936 and headquartered in Tokyo with a registered office in Ube City, Yamaguchi Prefecture, operates in two main segments: Glass Business, which produces architectural glass including Eco-Glass for energy efficiency, security glass, soundproof, laminated, tempered, fireproof, and high-transparent varieties; automotive glass such as UV-cut, IR-cut, water-repellent, acoustic, panoramic roof, de-icer, and defogging types along with glass antennas and module windows; and glass fiber and glass wool products; and Chemicals Business, which offers applied chemicals like polyaluminum chloride water treatment agents and rigid urethane blowing agents, medi-chemicals for pharmaceuticals and medical devices, electronic materials including semiconductor process gases and photoresist resins, energy materials such as lithium-ion battery electrolytes and additives supplied from overseas bases, and fertilizers based on nitrogen, phosphorus, and potassium. Geographically, Central Glass maintains manufacturing facilities in Japan and multiple overseas sites to serve global customers in industries spanning construction, automotive, electronics, energy storage, agriculture, and water treatment. Recent developments include the inclusion of Central Glass Products Co., Ltd. and Giga Gas & Electronic Materials (Singapore) Pte. Ltd. in its consolidated scope for fiscal year ended March 2024 due to their increased importance; formulation of a Medium-Term Management Plan for FY2025-FY2030 announced in May 2025; a toll manufacturing agreement with Duksan Electera for electrolytic solutions in North America disclosed in 2024; transition of high-quality 8-inch SiC single crystal/wafer development to a NEDO Green Innovation Fund subsidized project in April 2024; and revision of FY2025 financial forecasts downward in November 2025 amid intensified lithium-ion battery competition, despite first-half results exceeding prior estimates from yen depreciation and select sales gains.