Worth reading
60In focus
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-66.3
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter2024年4月1日〜2024年12月31日ConsolidatedIFRSNet Sales629,966¥ millionYear on year +2.8%Progress 74.1%
Operating profit10,806¥ millionYear on year -66.3%Progress 67.5%
Ordinary income-6,202¥ million
Net income attributable to owners of the parent-10,079¥ million
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share△126.74円
Financial position at period-end
Total assets1,030,778¥ million
of which net assets 155,546 ¥ millionEquity ratio 11.7%vs. prior year-end -0.6pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating-6,813
Investment-39,621
Financials+49,949
Net change+3,515
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥49,054 million
Segment revenueSegment Architectural glass business / Current fiscal year ¥274,144 million / Prior-year period ¥274,507 million / yoy_pct Not disclosed, Segment Automotive glass business / Current fiscal year ¥318,907 million / Prior-year period ¥305,857 million / yoy_pct Not disclosed, Segment High-performance glass business / Current fiscal year ¥36,173 million / Prior-year period ¥29,643 million / yoy_pct Not disclosed, Segment Other / Current fiscal year ¥742 million / Prior-year period ¥2,689 million / yoy_pct Not disclosed
Segment profitSegment Architectural glass business / Current fiscal year ¥8,643 million / Prior-year period ¥26,194 million / yoy_pct Not disclosed, Segment Automotive glass business / Current fiscal year ¥2,609 million / Prior-year period ¥9,308 million / yoy_pct Not disclosed, Segment High-performance glass business / Current fiscal year ¥5,704 million / Prior-year period ¥5,692 million / yoy_pct Not disclosed, Segment Other / Current fiscal year ¥-6,150 million / Prior-year period ¥-9,101 million / yoy_pct Not disclosed
Regional salesRegion Europe / Current fiscal year ¥231,705 million / Prior-year period ¥243,703 million / yoy_pct Not disclosed, Region Asia / Current fiscal year ¥180,161 million / Prior-year period ¥163,728 million / yoy_pct Not disclosed, Region Americas / Current fiscal year ¥218,100 million / Prior-year period ¥205,265 million / yoy_pct Not disclosed
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥850,000 million (YoY +2.1%)
Operating profit¥16,000 million (YoY -55.4%)
Ordinary income¥-11,000 million
Net income¥-16,000 million
Profit for the period attributable to owners of the parent¥-17,000 million
Revision to Earnings ForecastNet Sales Not disclosed → ¥850,000 million / Operating profit Not disclosed → ¥16,000 million / Ordinary income Not disclosed → ¥-11,000 million / Net income Not disclosed → ¥-16,000 million / Profit for the period attributable to owners of the parent Not disclosed → ¥-17,000 million
Annual Dividend Forecast¥0 → ¥0（0.0%）
Factors Behind Changes in Business Performance
売上高は自動車用ガラス事業と高機能ガラス事業での増収により前年同期をやや上回った。営業利益は主に建築用ガラス事業の減益により減少し、建築用ガラス事業では欧州を中心に販売数量の減少と販売価格の低下、自動車用ガラス事業では需要およびコスト上昇、高機能ガラス事業では多くの事業で需要が回復した。
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidation0 additions and 0 exclusions (no company names)
Material subsequent eventsNot applicable.
Impairment loss¥68 million
Breakdown of extraordinary income (loss)Extraordinary income 非流動資産の売却による収益 304 / 引当金の戻入益 226 / Gain on reversal of impairment losses on non-current assets 13 / 係争案件の解決による収益 12 / Extraordinary loss Restructuring costs 2,865 / Costs related to the resolution of litigation matters 72 / Impairment losses on non-current assets 68 / Inventory write-downs 50 / Other 22
Depreciation and amortizationProperty, Plant and Equipment ¥35,415 million / Amortization of intangible assets ¥1,844 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (conference call for institutional investors)
Issued Shares at Period-End91,532,799
Treasury Shares at Period-End34,816
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年4月1日〜2024年12月31日 |
| Net Sales | ¥629,966 million (YoY +2.8%) |
| Operating profit | ¥10,806 million (YoY -66.3%) |
| Ordinary income | ¥-6,202 million |
| Profit attributable to owners of the parent | ¥-10,079 million |
| Net income per share | △126.74円 |
| Equity ratio | End of the current fiscal period 11.7 / End of previous period 12.3 |
| Total assets | ¥1,030,778 million |
| Net assets | ¥155,546 million |
| Cash flows from operating activities | ¥-6,813 million |
| Cash flows from investing activities | ¥-39,621 million |
| Cash flows from financing activities | ¥49,949 million |
| Cash and cash equivalents at end of period | ¥49,054 million |
| Full-year earnings forecast | Net Sales ¥850,000 million (YoY +2.1%) / Operating profit ¥16,000 million (YoY -55.4%) / Ordinary income ¥-11,000 million / Net income ¥-16,000 million / Profit for the period attributable to owners of the parent ¥-17,000 million |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥850,000 million / Operating profit Not disclosed → ¥16,000 million / Ordinary income Not disclosed → ¥-11,000 million / Net income Not disclosed → ¥-16,000 million / Profit for the period attributable to owners of the parent Not disclosed → ¥-17,000 million |
| Annual Dividend Forecast | ¥0 → ¥0（0.0%） |
| Segment revenue | Segment Architectural glass business / Current fiscal year ¥274,144 million / Prior-year period ¥274,507 million / yoy_pct Not disclosed, Segment Automotive glass business / Current fiscal year ¥318,907 million / Prior-year period ¥305,857 million / yoy_pct Not disclosed, Segment High-performance glass business / Current fiscal year ¥36,173 million / Prior-year period ¥29,643 million / yoy_pct Not disclosed, Segment Other / Current fiscal year ¥742 million / Prior-year period ¥2,689 million / yoy_pct Not disclosed |
| Segment profit | Segment Architectural glass business / Current fiscal year ¥8,643 million / Prior-year period ¥26,194 million / yoy_pct Not disclosed, Segment Automotive glass business / Current fiscal year ¥2,609 million / Prior-year period ¥9,308 million / yoy_pct Not disclosed, Segment High-performance glass business / Current fiscal year ¥5,704 million / Prior-year period ¥5,692 million / yoy_pct Not disclosed, Segment Other / Current fiscal year ¥-6,150 million / Prior-year period ¥-9,101 million / yoy_pct Not disclosed |
| Regional sales | Region Europe / Current fiscal year ¥231,705 million / Prior-year period ¥243,703 million / yoy_pct Not disclosed, Region Asia / Current fiscal year ¥180,161 million / Prior-year period ¥163,728 million / yoy_pct Not disclosed, Region Americas / Current fiscal year ¥218,100 million / Prior-year period ¥205,265 million / yoy_pct Not disclosed |
| Depreciation and amortization | Property, Plant and Equipment ¥35,415 million / Amortization of intangible assets ¥1,844 million |
| Impairment loss | ¥68 million |
| Breakdown of extraordinary income (loss) | Extraordinary income 非流動資産の売却による収益 304 / 引当金の戻入益 226 / Gain on reversal of impairment losses on non-current assets 13 / 係争案件の解決による収益 12 / Extraordinary loss Restructuring costs 2,865 / Costs related to the resolution of litigation matters 72 / Impairment losses on non-current assets 68 / Inventory write-downs 50 / Other 22 |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | 0 additions and 0 exclusions (no company names) |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (conference call for institutional investors) |
| Issued Shares at Period-End | 91,532,799 |
| Treasury Shares at Period-End | 34,816 |
| Factors Behind Changes in Business Performance | 売上高は自動車用ガラス事業と高機能ガラス事業での増収により前年同期をやや上回った。営業利益は主に建築用ガラス事業の減益により減少し、建築用ガラス事業では欧州を中心に販売数量の減少と販売価格の低下、自動車用ガラス事業では需要およびコスト上昇、高機能ガラス事業では多くの事業で需要が回復した。 |
Items this document does not state (4)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlog
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.欧州を中心とする建築用ガラス市場の悪化、販売数量と販売価格の低下、建築用ガラス事業の減益、欧州自動車用ガラス事業などでの需要・コスト上昇があった。前年同期にはロシアにおけるジョイント・ベンチャー売却による一過性利益48億円も計上されていた。
How to read this page
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