Nippon Electric Glass
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Nippon Electric Glass (5214) investor relations material

Nippon Electric Glass Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary30 Apr, 2026

Executive summary

  • Net sales for the three months ended March 31, 2026 were ¥75.1 billion, nearly flat year-over-year, with strong demand in the displays business offset by declines elsewhere.

  • Operating profit declined 17.9% year-over-year to ¥6.4 billion due to higher expenses, while ordinary profit rose 47% to ¥8.9 billion, aided by foreign exchange gains.

  • Profit attributable to owners of parent increased 66.4% year-over-year to ¥8.3 billion, driven by gains on sales of investment securities.

  • Comprehensive income improved significantly to ¥15.6 billion from a loss of ¥8.1 billion in the prior year period.

Financial highlights

  • Net sales: ¥75.1 billion (+0.3% year-over-year).

  • Operating profit: ¥6.4 billion (−17.9% year-over-year).

  • Ordinary profit: ¥8.9 billion (+47.0% year-over-year).

  • Profit attributable to owners of parent: ¥8.3 billion (+66.4% year-over-year).

  • Basic earnings per share: ¥111.48 (vs. ¥62.47 last year).

Outlook and guidance

  • Full-year 2026 net sales forecast: ¥320.0 billion (+2.8% year-over-year).

  • Operating profit forecast: ¥33.0 billion (−3.3% year-over-year).

  • Profit attributable to owners of parent forecast: ¥23.0 billion (+22.3% year-over-year).

  • Earnings per share forecast: ¥307.69 for the year.

  • Risks include global economic uncertainty, Middle East instability, and supply chain disruptions.

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