Oct 26 (Reuters) - Nippon Electric Glass Co Ltd <5214.T>:Says it completed repurchase of 2.9 million shares of its common stock, for 10 billion yen in total, as Oct. 19 .
July 30(Reuters) - Nippon Electric Glass Co Ltd <5214.T>:Says it plans to buy back up to 3.3 million shares (3.3 percent stake) for up to 10 billion yen, during period from July 31 to Dec. 28 .
July 12 (Reuters) - PPG Industries <PPG.N>:PPG Industries says deal to sell assets of its North American fiberglass operations to Nippon Electric Glass is expected to close in H2 2017 - SEC filing.
May 26 (Reuters) - Nippon Electric Glass Co Ltd <5214.T>:* Says it signed a agreement with PPG Industries, Inc. <PPG.N> through unit Nippon Electric Glass America, Inc., regarding acquisition of glass fiber business.* Says it will acquire all share of PPG Industries Fiber Glass Products, Inc. and intellectual property of PPG Industries Ohio, Inc, as well as glass fiber business related human resource PPG Industries, Inc. for $545 million, from PPG Industries, Inc. .* Say it will complete the transaction in the second half of 2017.
Nippon Electric Glass Co Ltd <5214.T>:Says it resolved to close a Japan-based plant that engaged in display glass (thin film processing).
Nippon Electric Glass <5214.T>:Says it completed acquiring PPG Industries Fiber Glass B. V. and glass fiber business on Oct. 3.
Dongxu Optoelectronic Technology Co Ltd <000413.SZ>: Says the co, its Fuzhou-based unit and Japan-based firm Nippon Electric Glass <5214.T> to set up a optoelectronic Technology jv in Fuzhou .Says the jv to be capitalized at 240 million yuan and the co to hold 10 percent, the unit to hold 50 percent and Nippon Electric Glass to hold 40 percent stake in the jv respectively.
Nippon Electric Glass Co Ltd <5214.T>:Says the company entered into agreement with PPG Industries Inc <PPG.N> to buy its properties for glass fiber business in EU and 100 percent stake in PPG Industries Fiber Glass B.V..
Nippon Electric Glass Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 120,000 million yen from 125,000 million yen for FY ending Dec. 2016.Sees a decrease of operating profit forecast to 9,000 million yen from 10,000 million yen.Sees a decrease of ordinary profit forecast to 5,000 million yen from 9,000 million yen.Sees a decrease of net profit forecast to 3,000 million yen from 7,000 million yen.Sees a decrease of earnings per share to 6.03 yen from 14.07 yen.Says the company lowered the consolidated full-year outlook for revenue to 248,000 million yen from 256,000 million yen for FY ending Dec. 2016.Sees a decrease of operating profit forecast to 19,000 million yen from 22,000 million yen.Sees a decrease of ordinary profit forecast to 14,000 million yen from 20,000 million yen.Sees a decrease of net profit forecast to 10,000 million yen from 16,000 million yen.Sees a decrease of earnings per share to 20.11 yen from 32.17 yen.Comments the decreased income is the main reason for the forecast.
Nippon Electric Glass Co Ltd:Amends consolidated Q1 outlook for FY ending Dec. 2015.Amended revenue to 61,000 million yen from 60,000 ~63,000 million yen.Operating profit forecast amended to 4,500 million yen from 1,000 ~2,000 million yen.Ordinary profit forecast increased to 2,300 million yen from 0~2,000 million yen.Net profit forecast increased to - 300 million yen from 0 ~1,000 million yen.Earnings per share increased to -0.60 yen from 0~2.01 yen.Comments the improved productivity and deferred income tax asset liquidation are the main reasons for the forecast.