Slides
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NSG Group FY2027 / 3 Quarter 1 Results ( from 1 April 2026 to 30 June 2026 ) NSG GROUP Nippon Sheet Glass Company , Limited 7 August 2026
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Agenda 1. Financial Year ending 31 March 2027 Quarter 1 Results 2. Forecast for Financial Year ending March 2027 3. Progress of Fundamental Initiatives for the New NSG Group 4. Summary 27 August 2026 FY2027/3 Quarter 1 Results Presentation
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1．Financial Year ending 31 March 2027 Quarter 1 Results 37 August 2026 FY2027/3 Quarter 1 Results Presentation
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(JPY bn) Q1 (3 months) FY2026/3 FY2027/3 Change Revenue 210.2 246.3 36.1 Operating profit 6.9 8.8 2.0 ROS: Return on sales 3.3% 3.6% +0.3pt Exceptional items (net) 1.7 (0.6) (2.3) Operating profit after exceptional items 8.5 8.2 (0.3) Finance expenses (net) (6.8) (7.6) (0.8) Share of JVs and associates’ profits 1.3 1.3 (0.1) Other gains/(losses) on equity method investments (0.4) - 0.4 Profit before taxation 2.7 1.9 (0.9) Profit for the period 0.5 0.1 (0.3) Net profit/(loss) * (0.2) 0.2 0.3 EBITDA 19.8 23.4 3.6 Revenue and Operating Profit Revenue increased with further weakening of JPY and improved local revenues in Automotive glass business. OP increased reflecting better sales volumes of glass for solar energy in Architectural business, and stronger profitability in Technical Glass business Consolidated Income Statement * Profit/(loss) attributable to owners of the parent 47 August 2026 FY2027/3 Quarter 1 Results Presentation Revenue increase due to further weakening of JPY and better Automotive glass business. Better OP reflecting improvement in Architectural and Technical glass businesses （JPY bn） Revenue OP Architectural ＋ 11.6 + 2.0 Automotive + 22.9 (1.2) Technical Glass + 1.5 + 0.9 Others ＋ 0.1 + 0.2 Group total + 36.1 + 2.0 【Revenue and Operating Profit : vs PY】
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FX Sales Vol/Mix Sales Price Input Costs Other 6.9 + 0.8 +1.7 + 2.8 (1.9) (1.5) 8.8 JPY depreciation against major foreign currencies Change Analysis – Operating profit (Quarter 1) FY2026/3 Q1 FY2027/3 Q1 Better sales prices more than offset input costs rise. Improving volumes in some areas 57 August 2026 FY2027/3 Quarter 1 Results Presentation JPY + 2.0 bn （JPY bn） Improvement mainly in Automotive Europe and Technical Glass Cost increase and lower production efficiency in certain businesses and regions partly mitigated by cost reductions through initiatives Input cost increase across most regionsBetter mainly in Architectural Europe and Automotive Americas
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European Glass Market Price Movement 67 August 2026 FY2027/3 Quarter 1 Results Presentation Glass market price moving above PY driven by improved industry capacity utilization
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Energy Price Movement 77 August 2026 FY2027/3 Quarter 1 Results Presentation German natural gas: higher price after Mar. 2026. Japanese heavy fuel oil: continue to rise due to Middle East situation
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(JPY bn) 31 March 30 June Change2026 2026 Total Assets 1,117.5 1,124.1 6.6 Non-current assets 775.6 785.8 10.2 Current assets 341.8 338.2 (3.6) Total Liabilities 932.0 935.1 3.1 Current liabilities 560.3 512.8 (47.5) Non-current liabilities 371.7 422.4 50.7 Total Equity 185.5 189.0 3.4 Shareholders’ equity 151.2 150.9 (0.3) Shareholders’ Equity Ratio 13.5% 13.4% (0.1)pt Interest-bearing Debt 548.3 572.0 23.7 Consolidated Balance Sheet 87 August 2026 FY2027/3 Quarter 1 Results Presentation Shareholders’ equity ratio to 13.4%at similar level to PY end. Debt increasing due to seasonal working capital movements and FX Non-current assets Increase particularly in property, plant, and equipment mainly due to FX movements (depreciation of JPY) Current/ non-current liabilities Mainly shift from short-term borrowings to long-term borrowings Shareholders’ equity ratio 13.4%, similar to PY end Interest-bearing debt Increase mainly due to seasonal working capital and FX movements
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(JPY bn) Q1 (3 months) FY2026/3 FY2027/3 Change Net cash flows from operating activities (15.0) (13.9) 1.1 included above: Net change in working capital (26.9) (25.8) 1.1 Net cash flows from investing activities (11.5) (14.3) (2.8) included above: Purchase of property, plant and equipment (13.2) (13.4) (0.2) Free cash flow (26.4) (28.2) (1.7) Net cash flows from financing activities (1.4) 12.4 13.8 Increase/ (decrease) in cash and cash equivalents (27.8) (15.8) 12.0 Cash and cash equivalents at the end of the period 34.7 40.7 6.0 Consolidated Statement of Cash Flows 97 August 2026 FY2027/3 Quarter 1 Results Presentation Net cash flows from operating activities Improve from PY with higher OP although outflow due to seasonal working capital movements Net cash flows from investing activities Outflow due to capital expenditures related to the purchase of tangible asset Free cash flow Outflow due to seasonal working capital movements FCF outflow due to seasonal working capital movements
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Segmental Information 107 August 2026 FY2027/3 Quarter 1 Results Presentation (JPY bn) FY2025/3 Q1 FY2026/3 Q1 FY2027/3 Q1 Change Revenue ％ Operating profit Revenue ％ Operating profit Revenue ％ Operating profit Revenue Operating Profit Architectural 90.2 42% 3.3 89.2 42% 6.7 100.8 41% 8.7 11.6 2.0 Europe 34.5 16% 34.0 16% 38.0 15% 3.9 Asia 27.1 13% 26.9 13% 26.9 11% (0.0) Americas 28.7 13% 28.3 13% 36.0 15% 7.7 Automotive 113.6 52% 2.5 109.8 52% 2.4 132.7 54% 1.2 22.9 (1.2) Europe 47.6 22% 46.0 22% 56.3 23% 10.3 Asia 19.6 9% 19.3 9% 21.7 9% 2.4 Americas 46.4 21% 44.4 21% 54.7 22% 10.2 Technical Glass 12.4 6% 2.0 11.0 5% 1.3 12.6 5% 2.2 1.5 0.9 Europe 2.8 1% 2.9 1% 3.4 1% 0.5 Asia 9.1 4% 7.7 4% 8.8 4% 1.1 Americas 0.5 0% 0.4 0% 0.4 0% 0.0 Other 0.2 0% (3.1) 0.1 0% (3.4) 0.2 0% (3.2) 0.1 0.2 Total 216.4 100% 4.8 210.2 100% 6.9 246.3 100% 8.8 36.1 2.0
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28.3 36.0 26.9 26.9 34.0 38.0 89.2 100.8 6.7 8.7 Operating profit Europe Asia Americas Architectural (Rev▲, Profit▲) Revenue and OP increase with higher sales prices in Europe and sales volumes recovery in solar energy glass Europe (Rev▲, Profit▼) • Sales prices improving from PY • Lower production efficiency accompanying sales volume decrease Asia (Rev▼, Profit▼) • Sales volume/mix deterioration in Japan • Lower demand for solar energy glass due to customer’s production adjustments arising from US tariff policy continuing, but improving Americas (Rev▲, Profit▲) • In North America, continuous lackluster commercial market, while better sales prices with price pass-through of higher energy and material costs • Increase in sales volumes for solar energy glass JPY bn 117 August 2026 FY2027/3 Quarter 1 Results Presentation FY2026/3 Q1 FY2027/3 Q1 （JPY bn） Q1 (3 months) FY2026/3 FY2027/3 Change Revenue 89.2 100.8 11.6 Europe 34.0 38.0 3.9 Asia 26.9 26.9 (0.0) Americas 28.3 36.0 7.7 OP 6.7 8.7 2.0
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Europe (Rev▲, Profit▲) Asia (Rev▲, Profit▲) Americas (Rev▲, Profit▼) • In Europe, better sales mix despite low level of vehicle sales • In Japan, sale price and volume improvements more than offset the cost increase including energy and material • In Americas, improvement in sales prices. Unfavorable production efficiency continued in North American OE Automotive (Rev▲, Profit▼) Revenue above PY with further sales volumes/mix and sales prices improvement. OP continuously affected by unfavorable production efficiency in North American OE 44.4 54.7 19.3 21.7 46.0 56.3 109.8 132.7 2.4 1.2 -1-0.8-0.6-0.4-0.200.20.40.60.811.21.41.61.822.22.42.62.833.23.43.63.844.24.44.64.855.25.45.65.86 0.0 20.0 40.0 60.0 80.0 100.0 120.0 140.0 160.0 PY CY 列1 Operating profit Europe Asia Americas 127 August 2026 FY2027/3 Quarter 1 Results Presentation JPY bn FY2026/3 Q1 FY2027/3 Q1 （JPY bn） Q1 (3 months) FY2026/3 FY2027/3 Change Revenue 109.8 132.7 22.9 Europe 46.0 56.3 10.3 Asia 19.3 21.7 2.4 Americas 44.4 54.7 10.2 OP 2.4 1.2 (1.2)
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Technical Glass (Rev▲, Profit▲) Revenue and OP increase from PY benefitted from improving sales prices and volumes/mix • In fine glass, favorable sales volume continuing • Decrease in demand for printers and scanners • In glass cord, continuous high demand in automotive replacement markets 11.0 12.6 1.3 2.2 Operating profit Revenue JPY bn 137 August 2026 FY2027/3 Quarter 1 Results Presentation FY2026/3 Q1 FY2027/3 Q1 （JPY bn） Q1 (3 months) FY2026/3 FY2027/3 Change Revenue 11.0 12.6 1.5 OP 1.3 2.2 0.9
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2．Forecast for Financial Year ending March 2027 147 August 2026 FY2027/3 Quarter 1 Results Presentation
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Forecast for Financial Year ending March 2027 *Profit/(loss) attributable to owners of the parent **Including other gains/(losses) on equity method investments Forecast remaining unchanged. Aiming OP of JPY 36.0 bn level continuously. Mitigating impact of continuous challenging business environment including input cost rise 157 August 2026 FY2027/3 Quarter 1 Results Presentation (JPY bn) FY2026/3 Actual FY2027/3 Forecast Change H1 Full-year H1 Full-year H1 Full-year Revenue 420.8 879.5 440.0 880.0 19.2 0.5 Operating profit 12.0 28.8 16.5 36.0 4.5 7.2 Exceptional items (net) (0.6) (5.5) (1.5) (1.5) (0.9) 4.0 Operating profit after exceptional items 11.4 23.3 15.0 34.5 3.6 11.2 Finance expenses (net) (13.5) (28.3) (14.5) (29.5) (1.0) (1.2) Share of JVs and associates’ profits ** 2.5 5.3 3.0 5.5 0.5 0.2 Profit before taxation 0.4 0.4 3.5 10.5 3.1 10.1 Profit/(loss) for the period (3.4) 5.5 0.5 4.0 3.9 (1.5) Net profit/(loss) * (4.2) 4.4 0.0 3.0 4.2 (1.4) [Note] This forecast is based on the current assumptions. It is possible to be amended when the fundamental initiatives for New NSG Group are realized which was disclosed, as outlined in the following slides.
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Assumptions for FY2027/3 Forecast Group Expecting gradual markets recovery in Europe from H2. Taking further cost reductions across the Group, while continuous challenging business environment including cost increase • FX assumptions remain unchanged despite recent JPY depreciation. JPY appreciation compared to FY2026/3, against major foreign currencies • Trying to absorb cost increase impacts through price pass-through, assuming higher energy and material costs partly arising from geopolitical risks in addition to ongoing inflation-driven costs increase including labor Architectural Glass Gradual European market improvement from H2. New coating facilities start operations in Japan and Poland. Better demand for solar energy glass. Issue of price pass-though of increasing energy costs • Europe: expecting contribution of cost reduction, stable sales price. Start of a new coating facility in Poland in Q4 • Asia: contribution by sales prices revision and a new coating facility while monitoring market demand in Japan • North America: possibility of continuous decrease in demand due to uncertain economic outlook. Need close watch on economic trends • South America: volume increase. Absorb cost rise due to hyperinflation in Argentina by price pass-through • Solar energy glass: continuous solid demand in USA. Demand in Asia improving from PY Automotive Glass Gradual recovery of vehicle build anticipated. Continuous price negotiations while material cost pressure ongoing. Possible impact of sales volumes and costs by US policy and Middle East situation • Progress of sales mix improvement with value-added products • Benefit by cost reduction from production schedules adjustments in Europe • Temporarily unfavorable production efficiency in North America improving • Aiming for profitability improvement with cost reduction, expansion of value-added products and price increases Technical Glass Robust demand continue in many businesses. Absorbing cost increase by better sales vol/mix and prices • Demand remains strong in most businesses 167 August 2026 FY2027/3 Quarter 1 Results Presentation
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3．Progress of Fundamental Initiatives for the New NSG Group 177 August 2026 FY2027/3 Quarter 1 Results Presentation
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Progress of Fundamental Initiatives for the New NSG Group 7 August 2026 FY2027/3 Quarter 1 Results Presentation 18 1．Progress (1) Relevant resolutions Approved at AGM • Partial Amendment to the Articles of Incorporation – Change in the Authorized Number of Shares • Implementation of Share Consolidation • Partial Amendment to the Articles of Incorporation – Abolition of Share Unit System (2) Progressing toward fulfilling Condition Precedent including regulatory clearance from the relevant authorities 2．Transaction schedule (The future schedule will be disclosed once it has been determined) Fundamental Initiatives for the New NSG Group https://www.nsg.com/-/media/nsgcom/downloads/en/2026/24mar2026fundamentalstrategicsteps_e02.pdf Shareholders approved for the transaction at AGM. Progressing toward fulfilling Condition Precedent including regulatory clearance from the relevant authorities • Announcement March 24, 2026 The 160th AGM June 26, 2026 • Delisting of NSG • Execution of the Share Consolidation • Apollo Funds achieve 100% ownership • Execution of the Quasi-DES 1 month after execution of TPA (planned) • Payment of the consideration to the existing shareholders 2-3 months after delisting (planned) • Execution of TPA between NSG and Apollo Funds After fulfilling CP including regulatory clearance from the relevant authorities (planned)
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4．Summary 197 August 2026 FY2027/3 Quarter 1 Results Presentation
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1. Financial Year ending 31 March 2027 Quarter 1 Results • Revenue increase due to further weakening of JPY and better Automotive glass business. Better OP reflecting improvement in Architectural and Technical glass businesses • Better sales prices more than offset input costs rise. Improving volumes in some areas • Shareholders’ equity ratio to 13.4% at similar level to PY end. FCF outflow due to seasonal working capital movements. Interest-bearing debt increasing from the PY end due to seasonal working capital movements and FX 2. Forecast for Financial Year ending March 2027 • Forecast remaining unchanged. Aiming OP of JPY 36.0 bn level continuously. Mitigating impact of continuous challenging business environment including input cost rise 3. Progress of Fundamental Initiatives for the New NSG Group • Shareholders approved for the transaction at AGM. Progressing toward fulfilling Condition Precedent including regulatory clearance from the relevant authorities Summary 207 August 2026 FY2027/3 Quarter 1 Results Presentation
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Notice The projections contained in this document are based on information currently available to us and certain assumptions that we consider to be reasonable. Hence the actual results may differ. The major factors that may affect the results are the economic and competitive environment in major markets, product supply and demand shifts, currency exchange and interest rate fluctuations, changes in supply of raw materials and fuel and changes and laws and regulations, but not limited. Nippon Sheet Glass Company, Limited 217 August 2026 FY2027/3 Quarter 1 Results Presentation
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• Consolidated Income Statement – Quarterly Trend • Revenue & Operating Profit – Quarterly Trend • Segmental Information by Quarter • Revenue & Operating Profit – by Region • Exceptional Items • Foreign Currency Exchange Rates and Sensitivity • Depreciation & Amortization, Capital Expenditures, R&D Expenditures Appendices 227 August 2026 FY2027/3 Quarter 1 Results Presentation
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Consolidated Income Statement – Quarterly Trend *Profit/(loss) attributable to owners of the parent 237 August 2026 FY2027/3 Quarter 1 Results Presentation （JPY bn） FY2025/3 FY2026/3 FY2027/3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Revenue 216.4 206.0 207.5 210.4 210.2 210.6 219.8 238.9 246.3 Operating profit 4.8 5.5 0.6 5.7 6.9 5.1 6.5 10.3 8.8 ROS: Return on sales 2.2% 2.7% 0.3% 2.7% 3.3% 2.4% 3.0% 4.3% 3.6% Exceptional items (net) 0.2 (0.2) (2.5) (2.7) 1.7 (2.2) (0.1) (4.8) (0.6) Operating profit/(loss) after exceptional items 4.9 5.3 (1.9) 3.0 8.5 2.9 6.4 5.5 8.2 Finance expenses (net) (6.0) (6.6) (5.6) (7.1) (6.8) (6.8) (7.5) (7.3) (7.6) Share of JVs and associates’ profits 1.1 1.4 1.2 1.8 1.3 1.6 1.5 1.3 1.3 Other gains/(losses) on equity method investments - - - - (0.4) 0.0 0.0 0.4 - Profit/(loss) before taxation 0.0 0.1 (6.4) (2.3) 2.7 (2.3) 0.4 (0.4) 1.9 Profit/(loss) for the period 2.7 (6.1) (5.9) (4.2) 0.5 (3.8) (0.7) 9.6 0.1 Net profit/(loss) * 2.4 (6.3) (6.2) (3.8) (0.2) (4.1) (0.9) 9.6 0.2 EBITDA 17.5 17.5 13.0 17.7 19.8 18.3 20.1 24.8 23.4
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10.0 9.9 9.8 10.3 12.4 12.3 11.5 10.4 11.0 10.6 11.4 13.0 12.6 2.1 1.9 1.7 1.5 2.0 1.9 1.8 1.9 1.3 1.1 2.4 3.9 2.2 FY24/3 Q1 FY24/3 Q2 FY24/3 Q3 FY24/3 Q4 FY25/3 Q1 FY25/3 Q2 FY25/3 Q3 FY25/3 Q4 FY26/3 Q1 FY26/3 Q2 FY26/3 Q3 FY26/3 Q4 FY27/3 Q1 Revenue Operating profit 40.5 42.6 36.2 45.3 46.4 41.7 39.7 42.8 44.4 45.6 44.1 48.8 54.7 17.9 20.4 21.2 18.8 19.6 20.4 21.4 21.0 19.3 19.9 21.4 21.6 21.7 42.5 41.3 43.4 47.6 47.6 41.6 40.5 46.8 46.0 45.8 47.2 52.9 56.3 100.9 104.3 100.7 111.7 113.6 103.7 101.6 110.5 109.8 111.4 112.7 123.3 132.7 3.2 3.1 3.0 2.0 2.5 1.0 (0.9) 5.1 2.4 1.1 0.0 1.5 1.2 FY24/3 Q1 FY24/3 Q2 FY24/3 Q3 FY24/3 Q4 FY25/3 Q1 FY25/3 Q2 FY25/3 Q3 FY25/3 Q4 FY26/3 Q1 FY26/3 Q2 FY26/3 Q3 FY26/3 Q4 FY27/3 Q1 Europe Asia Americas Operating profit 30.8 33.8 20.1 36.0 28.7 28.5 31.8 29.0 28.3 30.0 33.0 35.2 36.0 26.8 28.0 27.9 26.9 27.1 30.3 33.4 28.9 26.9 23.9 27.2 30.9 26.9 38.1 35.4 33.6 34.4 34.5 30.9 29.0 31.0 34.0 34.6 34.8 36.1 38.0 95.8 97.2 81.6 97.3 90.2 89.8 94.2 88.9 89.2 88.4 95.1 102.3 100.8 11.9 9.9 4.4 2.9 3.3 3.3 2.0 4.9 6.7 5.2 7.1 11.1 8.7 FY24/3 Q1 FY24/3 Q2 FY24/3 Q3 FY24/3 Q4 FY25/3 Q1 FY25/3 Q2 FY25/3 Q3 FY25/3 Q4 FY26/3 Q1 FY26/3 Q2 FY26/3 Q3 FY26/3 Q4 FY27/3 Q1 Europe Asia Americas Operating profit Revenue & Operating Profit – Quarterly Trend Architectural Automotive Technical Glass (JPY bn) 247 August 2026 FY2027/3 Quarter 1 Results Presentation
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Segmental Information by Quarter 257 August 2026 FY2027/3 Quarter 1 Results Presentation (JPY bn) FY2025/3 FY2026/3 FY2027/3 Q1 Q2 Q3 Q4 Cum. Q1 Q2 Q3 Q4 Cum. Q1 Revenue: Architectural 90.2 89.8 94.2 88.9 363.0 89.2 88.4 95.1 102.3 375.0 100.8 Europe 34.5 30.9 29.0 31.0 125.4 34.0 34.6 34.8 36.1 139.5 38.0 Asia 27.1 30.3 33.4 28.9 119.7 26.9 23.9 27.2 30.9 109.0 26.9 Americas 28.7 28.5 31.8 29.0 118.0 28.3 30.0 33.0 35.2 126.5 36.0 Operating profit 3.3 3.3 2.0 4.9 13.6 6.7 5.2 7.1 11.1 30.0 8.7 Revenue: Automotive 113.6 103.7 101.6 110.5 429.4 109.8 111.4 112.7 123.3 457.2 132.7 Europe 47.6 41.6 40.5 46.8 176.5 46.0 45.8 47.2 52.9 192.0 56.3 Asia 19.6 20.4 21.4 21.0 82.3 19.3 19.9 21.4 21.6 82.3 21.7 Americas 46.4 41.7 39.7 42.8 170.7 44.4 45.6 44.1 48.8 183.0 54.7 Operating profit 2.5 1.0 (0.9) 5.1 7.7 2.4 1.1 0.0 1.5 5.0 1.2 Revenue: Technical 12.4 12.3 11.5 10.4 46.6 11.0 10.6 11.4 13.0 46.0 12.6 Europe 2.8 2.3 2.3 2.8 10.2 2.9 2.7 2.5 3.1 11.2 3.4 Asia 9.1 9.5 8.9 7.2 34.7 7.7 7.5 8.5 9.5 33.2 8.8 Americas 0.5 0.5 0.3 0.4 1.7 0.4 0.4 0.3 0.5 1.5 0.4 Operating profit 2.0 1.9 1.8 1.9 7.6 1.3 1.1 2.4 3.9 8.6 2.2 Revenue: Other 0.2 0.2 0.3 0.6 1.3 0.1 0.2 0.7 0.3 1.2 0.2 Operating profit (3.1) (0.7) (2.3) (6.2) (12.3) (3.4) (2.2) (3.0) (6.2) (14.9) (3.2) Revenue: Total 216.4 206.0 207.5 210.4 840.4 210.2 210.6 219.8 238.9 879.5 246.3 Operating profit 4.8 5.5 0.6 5.7 16.5 6.9 5.1 6.5 10.3 28.8 8.8
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Revenue & Operating Profit – by Region * Revenue and Operating loss of Other Operation are not split by geographical regions 267 August 2026 FY2027/3 Quarter 1 Results Presentation Revenue Operating profit/ (loss) (JPY bn) FY2025/3 FY2026/3 FY2027/3 Q1 Q2 Q3 Q4 Cum. Q1 Q2 Q3 Q4 Cum. Q1 Europe (5.2) (6.0) (7.8) (1.7) (20.6) (0.3) 0.0 (1.9) (0.7) (2.8) 0.3 Asia 7.4 9.6 10.0 8.3 35.3 6.4 4.6 8.4 15.5 34.8 7.6 Americas 5.6 2.6 0.6 5.2 14.1 4.2 2.7 3.0 1.7 11.6 4.1 Other * (3.1) (0.7) (2.3) (6.2) (12.3) (3.4) (2.2) (3.0) (6.2) (14.9) (3.2) Total 4.8 5.5 0.6 5.7 16.5 6.9 5.1 6.5 10.3 28.8 8.8 (JPY bn) FY2025/3 FY2026/3 FY2027/3 Q1 Q2 Q3 Q4 Cum. Q1 Q2 Q3 Q4 Cum. Q1 Europe 84.9 74.9 71.7 80.6 312.1 83.0 83.1 84.5 92.1 342.7 97.7 Asia 55.7 60.2 63.7 57.1 236.7 54.0 51.3 57.2 62.0 224.5 57.5 Americas 75.6 70.7 71.8 72.2 290.3 73.1 76.0 77.5 84.5 311.0 91.0 Other * 0.2 0.2 0.3 0.6 1.3 0.1 0.2 0.7 0.3 1.2 0.2 Total 216.4 206.0 207.5 210.4 840.4 210.2 210.6 219.8 238.9 879.5 246.3
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Exceptional Items (JPY bn) FY2026/3 Q1 FY2027/3 Q1 Reversal of impairment - 0.1 Gain on disposal of subsidiaries and businesses 1.8 0.0 Loss due to natural disaster – Chile wildfires - (0.4) Restructuring costs, including employee termination payments (0.1) (0.2) Settlement of litigation matters (0.0) (0.0) Other - 0.0 Exceptional items – net 1.7 (0.6) 277 August 2026 FY2027/3 Quarter 1 Results Presentation
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Foreign Currency Exchange Rates and Sensitivity Average rates used Closing rates used Sensitivity The amount of impact if the value of the yen changed by 1% - all other things being equal FY2025/3 FY2026/3 FY2027/3 FY2027/3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Forecast GBP 197 195 195 194 193 196 199 202 214 194 EUR 168 165 164 163 164 168 172 174 186 163 USD 156 152 152 152 145 146 149 151 160 148 BRL 29.9 28.3 27.5 27.1 25.5 26.3 27.0 27.7 31.6 25.8 ARS Closing rates are applied – hyperinflation FY2025/3 FY2026/3 FY2027/3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 GBP 204 191 196 193 197 199 211 211 215 EUR 173 159 162 161 168 173 183 183 185 USD 162 143 157 148 144 149 156 160 163 BRL 29.3 26.2 25.3 25.9 26.2 27.8 28.3 30.4 31.4 ARS 0.18 0.15 0.15 0.14 0.12 0.11 0.11 0.11 0.11 FY2026/3 Equity JPY 4.3 bn Profit for the period JPY 0.1 bn 287 August 2026 FY2027/3 Quarter 1 Results Presentation
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Depreciation & Amortization, Capital Expenditures, R&D Expenditures (JPY bn) FY2026/3 Q1 FY2027/3 Q1 FY2027/3 Full-year (Forecast) Depreciation & Amortization 12.9 14.6 56.0 Capital expenditures 7.9 8.1 46.0 R&D expenditures 2.6 3.9 12.3 Architectural 0.9 1.0 4.2 Automotive 0.8 0.9 3.5 Technical Glass 0.2 0.3 1.2 Other 0.7 1.8 3.5 297 August 2026 FY2027/3 Quarter 1 Results Presentation