Trade AGC Inc. - 5201 CFD

AGC Inc. Company profile

About AGC Inc

AGC Inc., formerly Asahi Glass Company, Limited, is a glass manufacturer. The Glass segment manufactures and sells float plate glass, figured glass, low-E glass, processed glass for construction use, hardened glass and laminated glass for automobiles, and solar glass, among others. The Electronics segment is engaged in the manufacture and sale of glass substrates for display devices, special glass and peripheral components for display, optoelectronics parts, and glass frit paste, among others. The Chemical segment offers chloride vinyl monomers, sodium hydroxide, urethane raw materials, gas, solvent, fluorine resin, water and oil repellent, pharmaceutical and agrochemical intermediates and bulk and others. In addition, the Company is also involved in the manufacture and sale of ceramic products, and the provision of logistics and financial services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, AGC Inc revenues increased 20% to Y1.697T. Net income applicable to common stockholders increased from Y32.72B to Y123.84B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Equity In Losses Of Affiliates increase from Y584M to Y2.29B (income). Dividend per share increased from Y120.00 to Y160.00.

Equity composition

FY'99-02 and FY'04 Q2 all WAS were estimated. The Company changed FYE from March to December during FY'03. FY'04 1Q & FY'05-06 1Q&3Q, 12/05 DWAS&DPS estimated. FY'06 Semi-annual 2 DWAS & DEPS were adjusted.FY'07 3Q WAS & DWAS were estimated and WAS=O/S. FY'08 Q1&Q3 WAS&DWAS estimated and BWAS=O/S.