FilingReader Intelligence

Nippon Electric Glass operating profit surges 480% in Q2

July 30, 2025 at 11:50 PM UTCBy FilingReader AI

Nippon Electric Glass reported operating profit surged 479.6% to JPY 166 billion in Q2 2025, with margins reaching 10.8%. Sales fell slightly 0.6% to JPY 1,537 billion.

The company attributed profit growth to enhanced productivity, higher prices for display and electronic device businesses, and reduced logistics costs. Ordinary profit increased 38.2% to JPY 142 billion.

Full-year forecasts project sales of JPY 3,100 billion and operating profit of JPY 270 billion.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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