Central Glass : Notice of Difference between Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ended March 31, 2021(27KB)
May 11, 2021 at 07:04 am EDT
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May 11, 2021
Central Glass Co., Ltd.
Notice of Difference between Consolidated Earnings Forecast and Actual Results for the
Fiscal Year Ended March 31, 2021
Central Glass Co., Ltd. hereby announces the difference between the consolidated earnings forecast announced on March 29, 2021 and the actual results for the fiscal year ended March 31, 2021 as follows:
1. Difference between consolidated earnings forecast and actual results for the fiscal year ended March 31, 2021 (from April 1, 2020 to March 31, 2021)
Net Sales
Operating
Ordinary profit
Profit attributable
Earnings
profit
to owners of parent
per share
Forecast announced
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Yen
March 29, 2021 (A)
190,000
3,000
3,000
0
0.00
Results (B)
190,673
4,064
4,749
1,230
30.40
Difference (B-A)
673
1,064
1,749
1,230
Difference (%)
0.4%
35.5%
58.3%
-
(Reference)
Results for the year
222,469
7,975
8,565
6,418
158.59
ended March 31, 2020
2. Reasons for the revision
Consolidated results for the fiscal year ended March 31, 2021 were higher than expected for net
sales, operating profit, ordinary profit and profit attributable to owners of parent due to higher than expected shipments of specialty gas-related products for semiconductor use and semiconductor lithography-related products, as well as hydrofluoroolefin products; higher than expected results from the promotion of transactions focusing on profitability and efforts to reduce costs in the architectural glass business; and improved foreign exchange gains and losses.
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Central Glass Co. Ltd. published this content on 11 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2021 11:03:01 UTC.
Central Glass Co.,Ltd. is a Japan-based company mainly engaged in manufacturing and sales of glass products and chemical products. The Company operates in two segments. The Glass Products segment is engaged in manufacturing and sales of building glass, automobile glass and glass for electronic materials. The Chemical Products segment is engaged in manufacturing and sales of chemicals, fine chemicals, fertilizers, glass fibers. The Company mainly operates in Japan, North Americas and other areas.