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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.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.
- Profits surged on strong demand and efficiency gains; FY2026 profit expected to decline.5214
Q4 20259 Feb 2026 - Operating profit soared on strong electronics sales, but net income fell on lower extraordinary gains.5214
Q3 202531 Oct 2025 - Operating profit soared while net income dropped on one-off factors; profit guidance was raised.5214
Q2 202531 Jul 2025 - Profits surged on strong display and semiconductor sales, with a major share buyback announced.5214
Q2 202413 Jun 2025 - Operating profit soared in Q1 2025, but net income fell on lower extraordinary gains.5214
Q1 20256 Jun 2025 - Profit turnaround, higher dividends, and strong outlook driven by electronics and asset sales.5214
Q4 20246 Jun 2025
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