Nippon Sheet Glass Company, Limited TSE:5202
Nippon Sheet Glass : FY2026/3 3rd Quarter Financial Results Presentation [
Source: MarketScreener
NSG Group
FY2026/3 Quarter 3 Results
(from 1 April 2025 to 31 December 2025)
Nippon Sheet Glass Company, Limited
6 February 2026
Agenda
Financial Year ending 31 March 2026 Quarter 3 Results
Forecast for Financial Year ending March 2026
Update of "2030 Vision: Shift the Phase" - Financial Targets
Summary
6 February 2026 FY2026/3 Quarter 3 Results Presentation 2
1．Financial Year ending 31 March 2026 Quarter 3 Results
6 February 2026 FY2026/3 Quarter 3 Results Presentation 3
Consolidated Income Statement
Revenue and OP largely increase due to better European Architectural glass business. Continuously taking any appropriate actions to improve profitabilityexceptional items
Revenue and Operating Profit
(JPY bn) | Q3 (3 months) | Cumulative (9 months) | ||||
FY2025/3 | FY2026/3 | Change | FY2025/3 | FY2026/3 | Change | |
Revenue | 207.5 | 219.8 | 12.3 | 630.0 | 640.6 | 10.6 |
Operating profit | 0.6 | 6.5 | 5.9 | 10.8 | 18.5 | 7.7 |
ROS: Return on sales | 0.3% | 3.0% | +2.7pt | 1.7% | 2.9% | +1.2pt |
Exceptional items (net) (2.5) | (0.1) | 2.3 | (2.5) | (0.7) | 1.8 |
Operating profit after (1.9) | 6.4 | 8.3 | 8.3 | 17.8 | 9.5 |
Finance expenses (net) (5.6) | (7.5) | (1.8) | (18.2) | (21.0) | (2.8) |
Share of JVs and associates' 1.2 | 1.5 | 0.3 | 3.7 | 4.4 | 0.7 |
Revenue increased with better Automotive glass business in Europe and North America.
OP increased largely reflecting improvements mainly in European Architectural glass business
profits
【Revenue and Operating Profit : vs PY】
Other gains/(losses) on equity method investments | - | (0.0) | (0.0) | - | (0.4) | (0.4) |
Profit/ (loss) before taxation | (6.4) | 0.4 | 6.8 | (6.2) | 0.8 | 7.0 |
Profit/(loss) for the period | (5.9) | (0.7) | 5.2 | (9.3) | (4.1) | 5.2 |
Net profit/(loss)* | (6.2) | (0.9) | 5.3 | (10.1) | (5.1) | 4.9 |
EBITDA | 13.0 | 20.1 | 7.0 | 48.1 | 58.2 | 10.1 |
（JPY bn） | Revenue | OP |
Architectural | (1.4) | + 10.3 |
Automotive | + 15.0 | + 0.9 |
Technical Glass | (3.2) | (1.0) |
Others | + 0.2 | (2.5) |
Group total | + 10.6 | + 7.7 |
6 February 2026
* Profit/(loss) attributable to owners of the parent
FY2026/3 Quarter 3 Results Presentation 4
Change Analysis - Operating profit (Cumulative)
Improvement mainly in European and North American Architectural and North American Automotive
Better sales prices mainly in Architectural Europe and North America, and Automotive North America. Increased costs particularly labor mitigated by cost reductions including float lines cessation in Europe（JPY bn）
+ 13.2 (0.1) (2.1) 18.5 10.8 (1.7)JPY appreciation mainly against ARS and USD
(1.6)Lower volume in North American domestic Architectural and Asian solar energy glass
Other costs increase particularly labor partly mitigated by cost reductions through initiatives including restructuring in European Architectural and Automotive
FY2025/3 Apr-DecFX Sales Vol/Mix Sales Price Input Costs Other
FY2026/3JPY + 7.7 bn
Apr-Dec6 February 2026 FY2026/3 Quarter 3 Results Presentation 5