Nippon Sheet Glass announced on the 21st that it will delist on 28 September. Going forward, it plans to receive support from investment funds and a consortium of banks to rebuild its overseas business and improve its finances.
Nippon Sheet Glass announced that it is expected to delist on 28 September, bringing to an end 76 years of listing since 1950.
On 31 August, it conducted a third-party allotment capital increase, with U.S. investment fund Apollo Global Management as the subscriber.
Going forward, the company aims to return to growth by receiving support from investment funds and a consortium of banks, rebuilding its overseas business, improving its finances, and allocating funds to research and development in next-generation solar power generation and semiconductor materials.