Nippon Sheet Glass Company, Limited TSE:5202

Nippon Sheet Glass : FY2026/3 Full-Year Results Presentation [

Published

Source: MarketScreener



NSG Group

FY2026/3 Annual Results

(from 1 April 2025 to 31 March 2026)

Nippon Sheet Glass Company, Limited

11 May 2026





Agenda

  1. Financial Year ended 31 March 2026 Annual Results

  2. Forecast for Financial Year ending March 2027

  3. Fundamental Initiatives for the New NSG Group

  4. Summary

11 May 2026 FY2026/3 Annual Results Presentation 2





1．Financial Year ended 31 March 2026 Annual Results

11 May 2026 FY2026/3 Annual Results Presentation 3





Consolidated Income Statement

Revenue and OP increase from PY. OP increase due to better Architectural glass business. Net profit above the full-year forecast helped by one-off tax effect while OP below

(JPY bn)

Q4 (3 months)

Full-year (12 months)

FY2026/3

Full-year Forecast

FY2025/3

FY2026/3

Change

FY2025/3

FY2026/3

Change

Revenue

210.4

238.9

28.5

840.4

879.5

39.1

850.0

Operating profit

5.7

10.3

4.6

16.5

28.8

12.3

31.0

ROS: Return on sales

2.7%

4.3%

+1.6pt

2.0%

3.3%

+1.3pt

3.6%

Exceptional items (net)

(2.7)

(4.8)

(2.1)

(5.2)

(5.5)

(0.3)

1.0

Revenue and Operating Profit

Revenue increased with better Automotive and Architectural glass businesses in Europe and North America, exceeding forecast.

OP increased reflecting improvements mainly in European Architectural glass business despite falling short of forecast

Operating profit after

exceptional items

Finance expenses (net)

Share of JVs and associates'

profits

Other gains/(losses) on equity

method investments

3.0

5.5

2.5

11.2

23.3

12.1

(7.1)

(7.3)

(0.2)

(25.3)

(28.3)

(3.0)

1.8

1.3

(0.5)

5.5

5.7

0.2

-

(0.0)

(0.0)

-

(0.4)

(0.4)

（JPY bn）

Revenue

OP

Architectural

+ 12.0

+ 16.5

Automotive

+ 27.8

(2.7)

Technical Glass

(0.6)

+ 1.1

Others

(0.1)

(2.5)

Group total

+ 39.1

+ 12.3

【Revenue and Operating Profit : vs PY】

11 May 2026

32.0

(27.0)

6.0

Profit/ (loss) before taxation

(2.3)

(0.4)

1.9

(8.5)

0.4

8.9

Profit/(loss) for the period

(4.2)

9.6

13.7

(13.5)

5.5

19.0

-11.0

Net profit/(loss) *

(3.8)

9.6

13.3

(13.8)

4.4

18.3

2.0

EBITDA

17.7

24.8

7.1

65.8

83.0

17.2

4.0

* Profit/(loss) attributable to owners of the parent

FY2026/3 Annual Results Presentation

Exceptional items

Recording goodwill impairment of JPY 3.4 bn in Automotive glass business North America

Taxation

The taxation credit includes one-off increase of JPY 8.8 bn in deferred tax asset balances in the U.K.

4





Change Analysis - Operating profit (Full-year)

Better sales prices mainly in Architectural Europe and Automotive Americas. Lower production efficiency in certain businesses and regions and increased costs partly mitigated by cost reductions including float lines cessation

Improvement mainly in European Architectural and American Automotive

（JPY bn）

+ 16.9 + 0.2 28.8 (0.9) 16.5

Lower production efficiency in certain businesses and regions and other

(1.3)

co2st9s .in4crease partly mi2tig8a.t8ed by cost

(2.6)

reductions through initiatives

Lower v1o2lu.m6e3in North Amer1ica2n.6do3mestic Architectural and Asian solar energy glass

JPY appr1ec5ia.t2ion3

mainly against ARS

FY2025/3 Full-year

FX Sales Vol/Mix Sales Price Input Costs Other

FY2026/3

JPY + 12.3 bn

Full-year

11 May 2026 FY2026/3 Annual Results Presentation 5