Komori
Revision of earnings forecasts5202Nippon Sheet Glass Company,LimitedConstruction and Materials

Notice Regarding the Difference Between the Full-Year Forecast and Actual Results for the Fiscal Year Ending March 2026

The company reported the differences between its May 2025 forecast and actual consolidated results for the fiscal year ending March 2026. Revenue exceeded the forecast, while operating profit and profit before tax fell below it. Profit for the period attributable to owners of the parent exceeded the forecast.

Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
121.1
% (change in profit for the period attributable to owners of the parent)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full year (1 April 2025 to 31 March 2026)Previous forecast published 9 May 2025
Net Sales850,000→—million
+3.5%
Operating profit31,000→—million
-7.0%
Profit attributable to owners of the parent2,000→—million
+121.1%
Net income per share—→—yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Selling prices rose in the architectural glass business in Europe and the automotive glass business in North America, and revenue exceeded the forecast partly due to the weaker yen. Operating profit fell below the forecast because of lower sales volumes and reduced production efficiency, including lower asset utilization. Profit before tax fell below the forecast because an impairment loss on goodwill was recognized in the fourth quarter. However, profit for the period and profit for the period attributable to owners of the parent exceeded the forecast because a one-time deferred tax asset was recognized in the UK.

Details and amount of extraordinary loss

Impairment loss on goodwill (separately disclosed item; amount not stated)

Previous-period resultsNet Sales ¥840,401 million / Operating profit ¥16,491 million / Income before taxes –¥8,525 million / Profit for the period –¥13,466 million / Profit attributable to owners of the parent –¥13,831 million / Basic earnings per share –¥173.20
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥850,000 million → Not disclosed(+3.5%)
Operating profit¥31,000 million → Not disclosed(-7.0%)
Profit attributable to owners of the parent¥2,000 million → Not disclosed(+121.1%)
Net income per share¥0.55 → Not disclosed
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year (1 April 2025 to 31 March 2026)
Publication date of previous forecast9 May 2025
Previous-period resultsNet Sales ¥840,401 million / Operating profit ¥16,491 million / Income before taxes –¥8,525 million / Profit for the period –¥13,466 million / Profit attributable to owners of the parent –¥13,831 million / Basic earnings per share –¥173.20
Reason for the revisionSelling prices rose in the architectural glass business in Europe and the automotive glass business in North America, and revenue exceeded the forecast partly due to the weaker yen. Operating profit fell below the forecast because of lower sales volumes and reduced production efficiency, including lower asset utilization. Profit before tax fell below the forecast because an impairment loss on goodwill was recognized in the fourth quarter. However, profit for the period and profit for the period attributable to owners of the parent exceeded the forecast because a one-time deferred tax asset was recognized in the UK.
Details and amount of extraordinary lossImpairment loss on goodwill (separately disclosed item; amount not stated)
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomeDividend forecast revision

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.

Selling prices rose in the architectural glass business in Europe and the automotive glass business in North America, and revenue exceeded the forecast partly due to the weaker yen. Operating profit fell below the forecast because of lower sales volumes and reduced production efficiency, including lower asset utilization. Profit before tax also fell below the forecast because of an impairment loss on goodwill. However, profit for the period and profit for the period attributable to owners of the parent exceeded the forecast because a one-time deferred tax asset was recognized in the UK.

How to read this page

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Difference Between the Full-Year Forecast and Actual Results for the Fiscal Year Ending March 2026 | Nippon Sheet Glass Company,Limited (5202) timely disclosure | Komori