• Bloomberg


Nippon Sheet Glass Co., the world’s biggest maker of car windows, forecast its first profit decline in five years on energy costs and falling prices in Europe, its largest market following its 2006 acquisition of Pilkington PLC.

Net income may fall 60 percent to ¥20 billion for the year that started April 1 from ¥50.4 billion a year earlier, the Tokyo-based company said Friday. Sales may rise 1.7 percent to ¥880 billion.

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