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Financial Results Presentation5202Nippon Sheet Glass Company,LimitedConstruction and Materials

Presentation Materials for Second-Quarter Results for the Fiscal Year Ending March 2026

In the first half of the fiscal year ending March 2026, net sales declined by ¥1.7 billion year on year, while operating profit increased by ¥1.8 billion. Results exceeded the first-half forecast due to price improvements in the European architectural glass business and other factors, but the full-year earnings forecast remains unchanged.

Worth reading
62In focus
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
18
¥100 million (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial Results Presentation2026年3月期 第2四半期8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales4,208 Hundreds of millions of yen
Operating profit120 Hundreds of millions of yen
Net income-42 Hundreds of millions of yen
Operating profit margin
Rate2.9%
Year on year against the same period last year+0.5pt
Results for the three months of the current quarter
Net Sales
2,106 Hundreds of millions of yen
Year-on-year change+¥4.5 billion
Operating profit
51 Hundreds of millions of yen
Year-on-year change-¥400 million
Operating profit margin2.4%
Income before taxes
-23 Hundreds of millions of yen
Net income
-41 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
8,500 Hundreds of millions of yen
Operating profit
310 Hundreds of millions of yen
Operating profit after separately disclosed items
320 Hundreds of millions of yen
金融費用（純額）
-270 Hundreds of millions of yen
Equity in earnings of affiliates
60 Hundreds of millions of yen
Income before taxes
110 Hundreds of millions of yen
Profit for the period
40 Hundreds of millions of yen
Net income
20 Hundreds of millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
上期営業利益は業績予想を上回り着地
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Foreign Exchange-¥1.0 billion
  • Sales volume and mix+¥0.3 billion
  • Selling Prices+¥5.7 billion
  • Raw material and fuel costs-¥900 million
  • Other−¥2.3 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • ¥191
    Assumptions英ポンド見通し
  • ¥159
    Assumptionsユーロ見通し
  • ¥143
    Assumptions米ドル見通し
  • ¥26.5
    Assumptionsブラジル・レアル見通し
  • Higher
    Assumptionsエネルギー価格・原材料価格
New initiatives
  • 省エネガラス向けコーティング設備の国内生産能力増強
  • ポーランドでの建築用ガラスコーティング設備投資
  • 北米自動車用拠点でのAPBL設備投資
  • Installation of a new solar power generation system at the Ottawa facility in the United States
  • 英国・グリーンゲート事業所への型板ガラス製造ライン移設・稼働
  • 映像解析AIを活用した職場安全管理システムの10か国製造拠点への導入
  • ウクライナでのガラス製造ライン新設に向けたNovaSklo社との技術支援契約
Key KPIsA metric the company considers important as a management benchmark.
  • EBITDA381 Hundreds of millions of yen
    Year-on-year change+¥3.1 billion
  • Free cash flow-196 Hundreds of millions of yen
    Year-on-year change+¥9.1 billion
  • Equity ratio10.4 %
    Year-on-year change△0.1pt
  • Interest-Bearing Debt5,379 Hundreds of millions of yen
Segment results
  • Architectural glass business
    Net Sales1,777 Hundreds of millions of yen
    Change in net sales from the same period last year−¥2.3 billion
    Operating profit118 Hundreds of millions of yen
    Year-on-Year Change in Operating Profit+¥5.2 billion
  • Automotive glass business
    Net Sales2,212 Hundreds of millions of yen
    Change in net sales from the same period last year+¥3.9 billion
    Operating profit35 Hundreds of millions of yen
    Year-on-Year Change in Operating Profit¥0
  • High-performance glass business
    Net Sales216 Hundreds of millions of yen
    Change in net sales from the same period last year−¥3.1 billion
    Operating profit23 Hundreds of millions of yen
    Year-on-Year Change in Operating Profit−¥1.6 billion
  • Other
    Net Sales3 Hundreds of millions of yen
    Change in net sales from the same period last year-¥200 million
    Operating profit-57 Hundreds of millions of yen
    Year-on-Year Change in Operating Profit-¥1.8 billion
Medium-term management plan targets
Fiscal year ending March 2027
Operating profit
640 Hundreds of millions of yen
Operating profit margin
7 %
Free cash flow
270 Hundreds of millions of yen
Interest-Bearing Debt
4,420 Hundreds of millions of yen
Equity ratio
15 %
Fiscal year ending March 2030
Operating profit margin
10 % or higher
Actual results
Operating profit
120 Hundreds of millions of yen
Operating profit margin
2.9 %
Free cash flow
-196 Hundreds of millions of yen
Interest-Bearing Debt
5,379 Hundreds of millions of yen
Equity ratio
10.4 %
Capital expenditures
161 Hundreds of millions of yen
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period Covered2026年3月期 第2四半期
Net Sales4,208 Hundreds of millions of yen
Operating profit120 Hundreds of millions of yen
Net income-42 Hundreds of millions of yen
Operating profit marginRate 2.9% / Year on year against the same period last year +0.5pt
Results for the three months of the current quarterNet Sales 2,106 Hundreds of millions of yen / Operating profit 51 Hundreds of millions of yen / Operating profit margin 2.4% / Income before taxes -23 Hundreds of millions of yen / Net income -41 Hundreds of millions of yen
Full-year earnings forecastNet Sales 8,500 Hundreds of millions of yen / Operating profit 310 Hundreds of millions of yen / Operating profit after separately disclosed items 320 Hundreds of millions of yen / 金融費用（純額） -270 Hundreds of millions of yen / Equity in earnings of affiliates 60 Hundreds of millions of yen / Income before taxes 110 Hundreds of millions of yen / Profit for the period 40 Hundreds of millions of yen / Net income 20 Hundreds of millions of yen
Self-assessment against the plan上期営業利益は業績予想を上回り着地
Segment resultsSegment Architectural glass business / Net Sales 1,777 Hundreds of millions of yen / Change in net sales from the same period last year −¥2.3 billion / Operating profit 118 Hundreds of millions of yen / Year-on-Year Change in Operating Profit +¥5.2 billion, Segment Automotive glass business / Net Sales 2,212 Hundreds of millions of yen / Change in net sales from the same period last year +¥3.9 billion / Operating profit 35 Hundreds of millions of yen / Year-on-Year Change in Operating Profit ¥0, Segment High-performance glass business / Net Sales 216 Hundreds of millions of yen / Change in net sales from the same period last year −¥3.1 billion / Operating profit 23 Hundreds of millions of yen / Year-on-Year Change in Operating Profit −¥1.6 billion, Segment Other / Net Sales 3 Hundreds of millions of yen / Change in net sales from the same period last year -¥200 million / Operating profit -57 Hundreds of millions of yen / Year-on-Year Change in Operating Profit -¥1.8 billion
Breakdown of Factors Affecting the ChangeFactors Foreign Exchange / Amount -¥1.0 billion, Factors Sales volume and mix / Amount +¥0.3 billion, Factors Selling Prices / Amount +¥5.7 billion, Factors Raw material and fuel costs / Amount -¥900 million, Factors Other / Amount −¥2.3 billion
Key KPIsIndicator name EBITDA / Value 381 Hundreds of millions of yen / Year-on-year change +¥3.1 billion, Indicator name Free cash flow / Value -196 Hundreds of millions of yen / Year-on-year change +¥9.1 billion, Indicator name Equity ratio / Value 10.4 % / Year-on-year change △0.1pt, Indicator name Interest-Bearing Debt / Value 5,379 Hundreds of millions of yen / Year-on-year change Not disclosed
Assumptions Underlying the Business OutlookAssumptions 英ポンド見通し / Value ¥191, Assumptions ユーロ見通し / Value ¥159, Assumptions 米ドル見通し / Value ¥143, Assumptions ブラジル・レアル見通し / Value ¥26.5, Assumptions エネルギー価格・原材料価格 / Value Higher
Medium-term management plan targetsFiscal year ending March 2027 Operating profit 640 Hundreds of millions of yen / Operating profit margin 7 % / Free cash flow 270 Hundreds of millions of yen / Interest-Bearing Debt 4,420 Hundreds of millions of yen / Equity ratio 15 % / Fiscal year ending March 2030 Operating profit margin 10 % or higher / Actual results Operating profit 120 Hundreds of millions of yen / Operating profit margin 2.9 % / Free cash flow -196 Hundreds of millions of yen / Interest-Bearing Debt 5,379 Hundreds of millions of yen / Equity ratio 10.4 %
Capital expenditures161 Hundreds of millions of yen
New initiatives省エネガラス向けコーティング設備の国内生産能力増強, ポーランドでの建築用ガラスコーティング設備投資, 北米自動車用拠点でのAPBL設備投資, Installation of a new solar power generation system at the Ottawa facility in the United States, 英国・グリーンゲート事業所への型板ガラス製造ライン移設・稼働, 映像解析AIを活用した職場安全管理システムの10か国製造拠点への導入, ウクライナでのガラス製造ライン新設に向けたNovaSklo社との技術支援契約
Items this document does not state (15)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

主に欧州の建築用ガラス事業で販売価格が改善し、欧州のフロート窯停止や各種施策によるコスト改善で、人件費・原燃材料費などのコスト増加の影響を軽減したため。

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This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Presentation Materials for Second-Quarter Results for the Fiscal Year Ending March 2026 | Nippon Sheet Glass Company,Limited (5202) timely disclosure | Komori