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ngk spark plug co ltd (NGK) Snapshot

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01/27/15 - €27.67
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ngk spark plug co ltd (NGK) Details

NGK Spark Plug Co., Ltd., together with its subsidiaries, manufactures and sells spark plugs and related products for internal-combustion engines; and technical ceramics and applicable products worldwide. It operates through two segments, Automotive Components and Technical Ceramics. The company offers spark plugs, such as plugs for aftermarket and original equipment, igniter plugs, and resister cables and covers; glow plugs, including ceramic and metal type glow plugs, air heaters, and QGS/QHS; and sensors consisting of oxygen and zirconia oxygen sensors, NOx sensors, temperature sensors, knock sensors, and air quality sensors. It also provides semiconductor components comprising IC ceramic and organic packages; electronic components covering ultrasonic transducers and ultrasonic sensors; and medical products, such as bio ceramics and oxygen concentrators. In addition, the company offers industrial components, including physical wear-resistant products, chemical wear-resistant products, electric insulators, and electric equipment products, as well as products for semiconductor manufacturing equipment. Further, it provides cutting tools comprising ceramic, cermet, micro grain carbide, coated carbide, and cubic boron nitride grades, as well as SS and rotational tools. The company sells its spark plugs, glow plugs, and related products under the NGK brand name; and IC packages, sensors for exhaust gas cleaning, ceramic tools, and other items under the NTK brand name. NGK Spark Plug Co., Ltd. supplies its products to manufacturers in the automotive, electronics, and other industries. The company was founded in 1936 and is headquartered in Nagoya, Japan.

12,760 Employees
Last Reported Date: 06/27/14
Founded in 1936

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ngk spark plug co ltd (NGK) Key Developments

NGK Spark Plug Co., Ltd. to Report Q3, 2015 Results on Jan 30, 2015

NGK Spark Plug Co., Ltd. announced that they will report Q3, 2015 results on Jan 30, 2015

NGK Spark Plug Co., Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015

NGK Spark Plug Co., Ltd. reported consolidated earnings results for the first half ended September 30, 2014. For the period, the company reported net sales of JPY 169,004 million against JPY 162,155 million a year ago. Operating income was JPY 29,277 million against JPY 23,324 million a year ago. Ordinary income was JPY 32,750 million against JPY 24,664 million a year ago. Income before income taxes and minority interests was JPY 26,912 million against JPY 24,488 million a year ago. Net income was JPY 16,335 million or JPY 75.06 per basic share against JPY 15,691 million or JPY 72.09 per basic share a year ago. Net cash provided by operating activities was JPY 17,199 million against JPY 25,659 million a year ago. Purchase of property, plant and equipment was JPY 19,049 million against JPY 19,933 million a year ago. Purchase of intangible assets was JPY 364 million against JPY 418 million a year ago. For the year ending March 31, 2015, the company expects net sales of JPY 341,500 million, operating income of JPY 64,000 million, ordinary income of JPY 68,500 million, net income of JPY 39,000 million, depreciation of JPY 14,300 million, capital expenditure of JPY 53,400 million and net income per share (Basic) of JPY 179.20.

NGK Spark Plug to Launch 'Intake Oxygen Sensor'

NGK Spark Plug Co Ltd. decided to commercialize an "intake oxygen sensor" for controlling the EGR (exhaust gas recirculation) systems of passenger cars for the first time in the world. The company considers that the sensor will be used for complying with exhaust gas regulations, which are expected to become severer worldwide. The sensor is attached on the intake side of an engine equipped with an EGR system. It finely controls the air-fuel ratio by measuring oxygen density after the density decreases due to the intake of EGR gas and using the density data for adjusting the amount of EGR gas. The sensor can reduce the amount of NOx (nitrogen oxides) generated in a diesel engine. And it can reduce the pumping loss of a gasoline engine, improving fuel efficiency. Expecting that the intake oxygen sensor will be attached on the intake side, NGK Spark Plug realized an about 35% lower mass, compared with existing exhaust oxygen sensors. Also, by uniting a connector (for the connection to a vehicle) and sensor unit to reduce size, the company reduced the heights of protrusions, improved pedestrian safety in case of a collision and enabled to install the sensor in various locations.


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