Nippon Electric Glass FY26 Q2 profit attributable to owners swings to loss of JPY 1.9 billion; FY26 first-half operating profit drops 31.2% to JPY 11.3 billion

• Nippon Electric Glass posted 2Q FY2026 net sales up 1.7% to JPY 156.4 billion, while operating profit fell 31.2% to JPY 11.3 billion.
• Profit attributable to owners of parent dropped 36.5% to JPY 4.6 billion, while ordinary profit rose 14.7% to JPY 16.2 billion.
• Non-operating income was JPY 4.9 billion, driven by foreign-exchange gains; extraordinary loss totaled JPY 5.1 billion on restructuring expenses.
• It recorded JPY 12.6 billion of business restructuring expenses tied to EGFA’s exit from North American glass fiber production, including the Lexington closure and planned Shelby shutdown.
• FY2026 forecast calls for net sales of JPY 300 billion, operating profit of JPY 20 billion, and a full-year dividend of JPY 160 per share.

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