Nippon Sheet Glass announces Confirmation of Extra-Ordinary Gain Figures And Revision of Operating Result Forecast

Date: 9 August 2007
Source: NSG

Date: 9 August 2007

Nippon Sheet Glass Co., Ltd. (“the Company”) confirms the provisional amount of extra-ordinary gain arising from the sale of shares of a subsidiary, and announces the revisions made to its previous forecast of operating results for FY 2008 ( April 2007 through March 2008 ) published on 6 July 2007, as below.Confirmation of extra-ordinary gains figuresThe Company confirms the amount of extra-ordinary gain arising from the sale of shares of its subsidiary, Pilkington Australia Finance Pty Ltd., as below.

The following figures are subject to change in accordance with the provisions set in the sales agreement.



1. Confirmed amount of extra-ordinary gain ( before taxation )

A$ 343 million ( JPY 36.1 billion )

Note: This will be included in the Company's FY2008 Q1 results



2. The amount of consideration

A$ 727 million ( JPY 74.7 billion )

A$ 0.16 million ( JPY 1.6 billion )



Tables available here
600450 Nippon Sheet Glass announces Confirmation of Extra-Ordinary Gain Figures And Revision of Operating Result Forecast glassonweb.com

See more news about:

Others also read

MORE...

Asahi India Glass Ltd. Launches a Leading Glass Solution Powered By Microsoft Azure
Asahi India Glass Ltd. Launches a Leading Glass Solution Powered By Microsoft Azure
Asahi India Glass Ltd. (AIS), India’s leading integrated glass company, has come up with an exclusive glass solution called the AIS World of Glass- an app that lets users channel their imagination and visualize glass customizations for their home and office.
AGC Asahi Glass to Release Cover Glass that Supports a Fingerprint Recognition Sensor on a Smartphone
High-security Smartphone Feature Stylish Designs - AGC (Asahi Glass Co., Ltd.; Head Office: Tokyo; President & CEO: Takuya Shimamura) released a new cover glass for an in-glass fingerprint recognition sensor installed on a smartphone to improve security.
Asahi Glass' 9-month profit likely jumped 22%
Asahi Glass' group operating profit for the nine months through Sept. 30 likely rose 22% on the year to around 52 billion yen ($429 million), marking the company's first profit growth for January-September in five years.
Asahi Glass president aims to expand market with variety
“We’ll continue to produce, with simple honesty, what can meet the needs of the times,” Asahi Glass Co.
Notice regarding Revision to First Half and Full Year Consolidated Financial Forecasts for Fiscal Year Ending December 31, 2015
In light of recent performance trends, Asahi Glass Co., Ltd. (“the Company”) has revised its consolidated financial forecasts for the first half and full year for fiscal year ending December 31, 2015, which were announced on February 6, 2015.   Read more here.
AGC Releases “infoverre™ MIRROR,” Enabling Unique Information Display on Mirror
New infoverre product expands the possibilities of the “glass with display monitor” product line ― Asahi Glass Company (AGC), a world-leading manufacturer of glass, chemicals and high-tech materials has released a new infoverre™ product “infoverre™ MIRROR” as an interior product for residential and commercial facilities.  This new product will bring solutions to unique design needs in the world.The infoverre™ series is a new-generation glass signage that provides clear and vivid images to viewers (see next page for details).

Add new comment