As part of the structural reform of the composite materials business, we have decided to suspend production at the Shelby factory of the consolidated subsidiary EGFA and transfer the Lexington factory. The company will focus resources on growth areas by withdrawing glass fiber production from North America. The transferee is Saint-Gobain Adfors America, Inc.; the completion of the transfer is scheduled for the end of July 2026, with Shelby factory shutdown planned for the end of August 2026. The impact on performance is expected to be minimal for the Lexington transfer, while the impact of the Shelby shutdown is currently under review.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5214","jir_company_name":"\u65e5 \u672c \u96fb \u6c17 \u785d \u5b50 \u682a \u5f0f \u4f1a \u793e","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/5214-20260706-01.pdf","jir_short_summary":"As part of the structural reform of the composite materials business, we have decided to suspend production at the Shelby factory of the consolidated subsidiary EGFA and transfer the Lexington factory. The company will focus resources on growth areas by withdrawing glass fiber production from North America. The transferee is Saint-Gobain Adfors America, Inc.; the completion of the transfer is scheduled for the end of July 2026, with Shelby factory shutdown planned for the end of August 2026. The impact on performance is expected to be minimal for the Lexington transfer, while the impact of the Shelby shutdown is currently under review.","jir_summary":"### Overview of Business Strategy & Structural Reforms\nThis initiative is part of a structural reform aimed at improving profitability and strengthening competitiveness in the composite materials business. It explains the decision to suspend production at the Shelby factory owned by EGFA and to transfer the Lexington factory, thereby withdrawing from glass fiber production in North America. In the past, the Chester factory closure and reassessment of bases in the Netherlands and the United Kingdom have been carried out to concentrate resources in growth areas and pursue mid- to long-term growth and profitability improvement. The transferee is not an related party, and disclosure of the transfer price and other details is being withheld pending the transferee's intentions.\n\n### Upcoming Schedule & Impacts\nClosing of the Lexington factory transfer is scheduled for the end of July 2026, and the Shelby factory production shutdown is scheduled for the end of August 2026. The Lexington transfer is expected to have a minor impact on earnings, while the impact of the Shelby shutdown is under review and will be disclosed in due course.","jir_financial_highlights":"Sales: Unknown (Unknown)\nOperating income: Unknown (Unknown)\nNet income (loss) for the year: Unknown (Unknown)","jir_category":"","jir_hashtags":"#NihonGlass, #CompositeMaterials, #CapitalPolicy","jir_key_figures":"Lexington factory transferee: Saint-Gobain Adfors America, Inc.\nTransfer closing date: End of July 2026\nProduction shutdown date: End of August 2026","jir_meta_title":"Nippon Electric Glass: Composite Materials Business Restructuring \u2013 Shelby Factory Shutdown and Lexington Factory Transfer | July 2026","jir_meta_description":"Nippon Electric Glass announces structural reform of the composite materials business, including Shelby factory production shutdown and transfer of the Lexington factory in the United States. The transferee is Saint-Gobain Adfors America, with dates of late July and late August 2026. Earnings impact is expected to be minor, with further disclosures planned.","jir_og_title":"Nippon Electric Glass Announces Shelby Factory Shutdown and Lexington Factory Transfer as part of Composite Materials Restructuring","jir_og_description":"Nippon Electric Glass is implementing a structural reform of its composite materials business. It plans to suspend production at the U.S. Shelby factory and transfer the Lexington factory. The transferee is Saint-Gobain Adfors America, with details on effects and future prospects to be disclosed.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7820,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-76793","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n