Nippon Electric Glass Hits Day High with 6.16% Surge in Stock Price

Nippon Electric Glass Co., Ltd. has experienced a significant uptick in its stock performance, gaining 6.16% on February 24, 2026. The stock reached an intraday high of JPY 6,448.00, showcasing its strong market activity. Over the past year, Nippon Electric Glass has outperformed the Japan Nikkei 225, generating a remarkable return of 73.60% compared to the index's 46.92%. In terms of financial health, the company maintains a robust EBIT to Interest ratio of 24.80, indicating a strong capacity to service its debt. The recent financial metrics reveal a return on equity (ROE) of 5.12% and a price-to-book ratio of 1.30, suggesting a premium valuation relative to its peers. Additionally, the company has seen a notable decrease in raw material costs, down by 59.33% year-over-year, which may positively impact its profitability. Despite some challenges in long-term growth, with net sales growing at an annual rate of 3.18% over the last five years, Nippon Electric Glass continues to demonstrate resilience in the mid-cap electronics and appliances sector.