Re Extraordinary Items
May 07 2008 - 2:02AM
UK Regulatory
RNS Number:8445T
Nippon Sheet Glass Company Limited
07 May 2008
Recognition of Extraordinary Income and Charges
NSG Group, (hereinafter -the Company-) announces the recognition of the
following extraordinary income and charges incurred in the fiscal year to March
2008 as follows.
1. Impairment of inventory book values (around JPY 0.8 billion: for both
consolidated and non-consolidated basis)
The book value of inventories in Japan has been written down for impairment.
2. Revaluation gain of inventories (around JPY 1.0 billion: for both
consolidated and non-consolidated basis)
The book value of inventories has been revalued upward.
If there is any material change in our outlook for the fiscal year to March
2008, the Company will make an appropriate announcement
This information is provided by RNS
The company news service from the London Stock Exchange
END
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