Nsg Japan

News in the last few months of 2001 that Japanese glass giant Nippon Sheet Glass had raised its stake in UK-based multi national Pilkington plc was the final instalment in what had been an extremely eventful year for the company. The deal, which saw NSG raise its holding to 20.6% through an investment of some 25,000m Yen, seemed to be a clear indication that the company was no longer seeking to operate just in its own region, and has clear designs on the European market. NSG's initial interest in Pilkington had only started in July 2000, when it became the latter's largest shareholder with a 10% stake. By bringing its holding to 130m shares, NSG showed that it finally has the intention to compete in the global market place.