kabutan

Nippon Sheet Glass, First Half Net Income Loss Widens

Thu Nov 6, 2025 1:00 pm JST Earnings

5202 Nippon Sheet Glass Company,Limited 【IFRS】

Earnings Report

Nippon Sheet Glass Company,Limited <5202> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on November 6th (13:00). The consolidated net loss for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded to a loss of 4.22 billion yen (compared to a loss of 3.86 billion yen in the same period last year), further increasing the deficit beyond the forecast of a loss of 3.00 billion yen.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the October to March period (second half) is expected to turn into a profit of 6.22 billion yen (compared to a loss of 9.96 billion yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated net loss improved to a deficit of 4.06 billion yen (compared to a loss of 6.26 billion yen in the same period last year). However, the operating profit margin remained almost flat, changing from 2.7% in the same period last year to 2.4%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 420,168 26,028 19,335 9,771 96.7 109.9 Nov 9, 2023 IFRS
Apr - Sep, 2024 422,437 10,229 154 -3,867 -53.2 ー Nov 8, 2024 IFRS
Apr - Sep, 2025 420,753 11,995 401 -4,220 -55.3 3.6 Nov 6, 2025 IFRS
YoY -0.4% +17.3% +160.4% -9.1% -4.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 420,000 10,000 1,000 -3,000 -32.1 0 May 9, 2025 IFRS
Apr - Sep, 2025 Results 420,753 11,995 401 -4,220 -55.3 0 Nov 6, 2025 IFRS
Revision Rate +0.2% +20.0% -59.9% -40.7% -72.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 417,964 6,262 -8,679 -9,964 -124.8 0 May 9, 2025 IFRS
Oct - Mar, 2025 Guidance 429,247 19,005 10,599 6,220 1.6 0 Nov 6, 2025 IFRS
YoY +2.7% +203.5% － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 832,537 35,860 17,597 10,633 95.4 0 May 10, 2024 IFRS
Mar, 2025 840,401 16,491 -8,525 -13,831 -173.2 0 May 9, 2025 IFRS
Mar, 2026 Guidance 850,000 31,000 11,000 2,000 0.5 0 May 9, 2025 IFRS
YoY +1.1% +88.0% － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 206,014 5,467 111 -6,267 -86.2 2.7 Nov 8, 2024 IFRS
Oct - Dec, 2024 207,529 577 -6,356 -6,212 -78.1 0.3 Feb 7, 2025 IFRS
Jan - Mar, 2025 210,435 5,685 -2,323 -3,752 -47.0 2.7 May 9, 2025 IFRS
Apr - Jun, 2025 210,202 6,870 2,736 -154 -7.0 3.3 Aug 8, 2025 IFRS
Jul - Sep, 2025 210,551 5,125 -2,335 -4,066 -53.3 2.4 Nov 6, 2025 IFRS
YoY +2.2% -6.3% － +35.1% +38.2%

Related Articles