#NipponSheetGlassCoLtd

Issued 3,666,666 new shares through a third-party allotment, with the allottee holding 72.04% of voting rights. Treasury stock number corrected to 36,512 shares. Partial correction of announcement dated March 24, 2026.

Nippon Sheet Glass Co., Ltd. announced that President and CEO Munekazu Hosonuma will voluntarily forfeit 50% of his monthly base salary from April to September 2026. CHRO Denise Heyler and CFO Hiroshi Aiura will also forfeit 30% and 20% of their monthly base salaries respectively for three months.

On March 24, 2026, three Class A preferred shareholders exchanged a total of 22,644 Class A preferred shares for 12,913,077, 11,402,835, and 13,936,798 common shares respectively, resulting in an increase of 38,252,710 common shares.

Nippon Sheet Glass Co., Ltd. addresses reports regarding restructuring through privatization supported by more than 300 billion yen, acknowledging some facts but stating that no decisions have been made at this time, with a board resolution scheduled.

On February 27, 2026, the company received the exercise of acquisition rights for 888 Class A preferred shares from Class A preferred shareholders and delivered 1,500,106 common shares. The acquired Class A preferred shares are scheduled to be cancelled.

For the third quarter of the fiscal year ending March 2026, consolidated net sales were 640.6 billion yen (1.7% YoY increase), operating income was 18.5 billion yen (71.3% YoY increase), and net loss attributable to owners of the parent for the quarter was 5.1 billion yen (compared to a loss of 10.1 billion yen in the same period last year).

For the third quarter of the fiscal year ending March 2026, consolidated net sales were 640.6 billion yen (1.7% YoY increase), operating income was 18.5 billion yen (71.3% YoY increase), and net loss attributable to owners of the parent was 5.1 billion yen (compared to a loss of 10.1 billion yen in the same period last year).