Conducting a third-party allotment of approximately 165 billion yen, increasing issued shares to 366,666,666 shares, with the allottee holding 72.04% of voting rights. Approval scheduled at the general shareholders meeting in late June 2026. Share consolidation and delisting planned for November 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5202","jir_company_name":"Nippon Sheet Glass Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-03-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5202-20260324-01.pdf","jir_short_summary":"Conducting a third-party allotment of approximately 165 billion yen, increasing issued shares to 366,666,666 shares, with the allottee holding 72.04% of voting rights. Approval scheduled at the general shareholders meeting in late June 2026. Share consolidation and delisting planned for November 2026.","jir_summary":"### Overview of Capital Policy\nNippon Sheet Glass Co., Ltd. has resolved a third-party allotment of approximately 165 billion yen to investment funds affiliated with Apollo Global Management, Inc. With this capital increase, the number of newly issued shares will be 366,666,666 shares, and the allottee will hold 72.04% of the voting rights, becoming the parent company and the largest major shareholder. Related proposals will be submitted for approval at the ordinary general shareholders' meeting scheduled for late June 2026. Additionally, to restrict shareholders to the allottee only, 122,222,222 shares will be consolidated into 1 share, and other shareholders will receive a cash payment of 500 yen per share. The total number of authorized shares will also increase from 177.5 million shares to 550.04 million shares.\n\n### Purpose of Transaction and Outlook\nThis transaction aims to fundamentally improve the financial condition by repaying existing debt of the U.K. subsidiary and making cash payments to minority shareholders. It aims to strengthen financial structure and stabilize management. The effective date of the share consolidation is planned around November 2026, coinciding with scheduled delisting from the Tokyo Stock Exchange. Going private will enable focus on medium- to long-term growth strategies without being affected by short-term performance fluctuations. Specific impacts on financial results are currently under review and will be promptly disclosed once determined.","jir_financial_highlights":"Number of new shares issued through third-party allotment: 366,666,666 shares (Unknown)\nProceeds raised through third-party allotment: 164,999,999,700 yen (Unknown)\nVoting rights ownership ratio of the planned allottee: 72.04% (Unknown)\nShare consolidation ratio: Consolidation of 122,222,222 shares into 1 share (Unknown)\nCash payment amount to minority shareholders (per share): 500 yen (Unknown)\nChange in total number of authorized shares: Increase from 177.5 million shares to 550.04 million shares (Unknown)","jir_category":"","jir_hashtags":"#NipponSheetGlass, #CapitalPolicy, #ThirdPartyAllotment, #ShareConsolidation, #Delisting","jir_key_figures":"Amount of Third-Party Allotment: Approximately 165 billion yen\nNumber of New Shares Issued: 366,666,666 shares\nVoting Rights Ownership Ratio of Planned Allottee: 72.04%","jir_meta_title":"Nippon Sheet Glass Resolves Approximately 165 Billion Yen Third-Party Allotment and Share Consolidation, Delisting Planned for November 2026","jir_meta_description":"Nippon Sheet Glass Co., Ltd. has resolved a third-party allotment of approximately 165 billion yen to an Apollo-affiliated fund. The allottee holding 72.04% voting rights will become the parent company. Share consolidation and delisting are scheduled for November 2026.","jir_og_title":"Nippon Sheet Glass Announces Approximately 165 Billion Yen Third-Party Allotment and Share Consolidation","jir_og_description":"Executing large-scale capital policy with Apollo-affiliated fund as allottee. Share consolidation and delisting planned for November 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17128,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-35860","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n