NGK expands possibilities of ceramic technology
NGK Insulators Ltd located in Nagoya city, the largest in Chubu religion manufactures products for electric power related business, ceramics products business, electronics business and process technology business with ceramic technology as its core expertise. The company's insulators which are essential for large-capacity transmission and stable supply of power are highly valued worldwide for their technological capabilities and excellent quality. It has developed a sodium-sulfur battery using fine ceramics to enable high-efficiency and large-capacity power storage. Its high technology also brought honeycomb ceramics obtained by firing the ceramics in a grid and are used around the world as devices for purifying automobile exhaust gas. The latest business results have been sluggish. In the fiscal year ended March 2019, net income decreased by about 22% from the previous year to only 35.5 billion yen. Operating income decreased 8% from previous year to 64.7 billion yen...