Nippon Sheet Glass to incur in net loss

Nippon Sheet Glass Co. said on 5 April that it should incur a group net loss of JPY 1 billion for the year ended 31 March, against the previous estimate of JPY 1 billion in profit. The major glassmak…

Nippon Sheet Glass Co. said on 5 April that it should incur a group net loss of JPY 1 billion for the year ended 31 March, against the previous estimate of JPY 1 billion in profit. The major glassmaker lowered its estimate of group recurring profit to JPY 2 billion yen from JPY 3 billion. Sales remained unchanged at JPY 295 billion