Change drastically beyond the current way
"Beyond ceramics, eXceeding imagination"
Thank you for your continued support to the NGK SPARK PLUG group.
We would like to express our deepest sympathy to those who have been affected by COVID-19. While protecting our employees and all stakeholders from the spread of infection, we will endeavor to contribute to society through our corporate activities.
Overview of Q2 FY2020 ending March 2021
Sales and profits declined year-on-year in the second quarter, with revenue of 189.5 billion yen and operating profit of 16.8 billion yen. Due to the spread of COVID-19 infection, market conditions remain challenging and uncertain, with such trends as worldwide fall of new car sales. However, our automotive business has been recovering in major regions of the world, and the demand for products for semiconductor production equipment has increased from the previous year.
2030 Long-Term Management Plan “NITTOKU BX”
We have launched a new "2030 Long-Term Management Plan NITTOKU BX," which is a milestone halfway through our journey to "2040 VISION." We aim to make the change drastically beyond the current way. To achieve that goal, we need to have a mindset to challenge the existing way and move forward with technologies beyond the realm of ceramics. We will create new NGK SPARK PLUG by changing the corporate culture from being conservative to progressive with the spirit of "Something New". We will share and cocreate the desirable future with all stakeholders and address various social issues to realize a sustainable society.
We would like to ask for your continued support in the future.
Representative Director Chairman of the Board
President & Chief Operating Officer