Sheet glass (5202) fell sharply. Financial results for the fiscal year ending 24/3 were announced last weekend, and operating profit was 35.9 billion yen, up 3.0% from the previous fiscal year, falling below the previous plan of 42 billion yen. Also, the fiscal year ending 25/3 is 37 billion yen, which is expected to increase 3.2% from the same period, which is about 5 billion yen below the consensus. Sluggish sales of architectural glass and automotive glass in Germany seem to be a factor in the decline in business performance. The current fiscal year guidance also seems to assume that the European economy will bottom out from the second half.
板硝子---大幅反落、前期実績・今期見通しともに想定を下振れ
Sheet glass --- sharp decline, lower expectations for both previous fiscal year results and current fiscal year forecasts
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