Nippon Sheet Glass stock enters an Apollo ownership era

Published on 10/01/2026 at 07:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nippon Sheet Glass stock completed a JPY 165.0 billion share issue on August 31, 2026. Apollo completed its acquisition before the September 28 delisting.

Nippon Sheet Glass, JP3700000004, Illustration mit AI erstellt.

Nippon Sheet Glass stock (ISIN JP3700000004) has entered a new ownership era after the company completed a JPY 165.0 billion share issue on August 31, 2026, according to Nippon Sheet Glass. Apollo then announced completion of its acquisition on September 29, 2026, according to Apollo.

JPY 165.0 billion reshapes ownership

The transaction issued 366,666,666 new common shares at JPY 450.00 each. Nippon Sheet Glass reported that the allotment increased issued shares from 142,583,962 to 509,250,628, making Lumina Japan Acquisition the parent company and largest shareholder.

The capital injection is the central financial change for investors. It is paired with a debt-equity restructuring and a share consolidation, shifting the company from a widely traded public shareholding structure toward Apollo-backed ownership.

Tokyo listing ends after restructuring

Nippon Sheet Glass said on September 25, 2026, that its common shares would be delisted from the Tokyo Stock Exchange Prime Market on September 28, 2026. The company also stated that minority shareholders would receive cash for fractional shares created by the consolidation, with payments expected to begin in late December 2026.

The delisting changes the meaning of the stock story. The Tokyo listing carried code 5202, but the public-market trading phase ended after the September 25 final trading date. Apollo's announcement described the next stage as an effort to strengthen the financial foundation and accelerate investment in people and technology.

Last Tokyo close was JPY 496.00

The shares closed at JPY 496.00 on the Tokyo Stock Exchange on September 25, 2026, at 3:30 p.m. JST, according to Yahoo Finance. The same market page lists fiscal year 2026 revenue at JPY 879.5 billion and trailing twelve-month revenue at JPY 915.6 billion, providing a financial baseline for the privately controlled company.