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Latest Tokyo Brief coverage on Nihon Yamamura Glass Co., Ltd., tracking filings, financial news, and market signals from Japan.
TSE:5210
A ¥802.4mn year-end payout and a five-director slate were approved, while a shareholder proposal sought to write a special committee on price optimization and earnings stabilization into the glass maker's articles.
Sales edged down to ¥72.19bn, but ordinary income rose to ¥4.39bn and parent profit to ¥3.27bn. For a packaging-materials group, better earnings on a slightly softer top line is the more interesting line of the morning.