Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. AGC Inc.
  6. News
  7. Summary
    5201   JP3112000009

AGC INC.

(5201)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

AGC : Announces Transfer of All Shares of AGC Matex Co., Ltd.

04/01/2021 | 12:08am EDT

AGC (AGC Inc.; Headquarters: Tokyo; President: Yoshinori Hirai) hereby announces that it has transferred all of the shares of AGC Matex Co., Ltd. (Headquarters: Sagamihara, Kanagawa; President: Yuji Narita), a 100% subsidiary, to Nippon Molymer Co., Ltd. In line with this transfer, AGC MATEX (THAILAND) CO., LTD. (Chonburi, Thailand), a 100% subsidiary of AGC Matex Co., Ltd., will also be transferred to the Molymer Group.

Under its AGC plus-2023 mid-term management plan, AGC Group is transforming its business portfolio. AGC Matex Co., Ltd. manufactures, develops, and sells resin products, such as FRP (fiber reinforced plastics). For further growth of AGC Matex's businesses in the medium and long term, AGC focused on the good synergy with the business activities of Nippon Molymer Co., Ltd., which handles a wide range of resin products, and have decided to transfer the company's share to Nippon Molymer Co., Ltd.
The impact of this transaction on AGC's consolidated business results will be minimal.

REFERENCE

1. AGC Matex Co., Ltd.
The title and name of the representative: Yuji Narita
Location: 1-2-27 Miyashimo, Chuo-ku, Sagamihara, Kanagawa, Japan
Paid-in capital: 300 million JPY
Shareholder: AGC Inc.(100%)
Number of employees: 89
Business activities: Development, designing, manufacture, construction, and sales of fiber reinforced plastics (FRP)
Development, designing, manufacture, construction, and sales of resin products
Development, designing, construction, and sales of architectural lighting products
Website:
2. AGC MATEX (THAILAND) CO., LTD.
Location: 700/779 Moo 1, Amata City Chonburi Industrial Estate Phase 8, Tambol Panthong, Amphur Panthong, Chonburi, Thailand 20160
Shareholder: AGC Matex Co., Ltd. (100%)
3. Nippon Molymer Co., Ltd.
The title and name of the representative: Shuhei Mori
Location: 2-3-8 Hommachi, Chuoku, Osaka, Japan
Business activities: Management of subsidiaries engaged in FRP molding and processing, BMC manufacturing, injection molding, rotary and extrusion molding, etc.
Website:

Disclaimer

AGC - Asahi Glass Co. Ltd. published this content on 01 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2021 04:07:05 UTC.


© Publicnow 2021
All news about AGC INC.
06/15Nikkei inches down as chip shares track U.S. peers; Toyota lifts Topix
RE
06/15AGC  : Notice regarding Transfer of Architectural Glass Business in North Americ..
PU
06/07AGC  : Biologics' Heidelberg Facility to Further Supply Plasmid DNA for COVID-19..
PU
06/07AGC  : Niigata University and AGC Commence Industry-Academia Collaboration to Im..
PU
05/24AGC  : Alteryx Data Analysis Platform to be Deployed to AGC's Chemical Plants
PU
05/07AGC  : Consolidated Financial Results for the Three Months ended March 31, 2021 ..
PU
05/07AGC  : Consolidated Financial Results for the Three Months ended March 31, 2021(..
PU
05/07AGC  : Changes in the assignments of Executive Officers(PDF 88KB)
PU
04/25AGC  : Develops "Smart Inventory System" for Automated Management of Raw Materia..
PU
04/14AGC  : Announces Transfer of infoverreTM Glass Signage Business
PU
More news
Financials
Sales 2021 1 642 B 14 883 M 14 883 M
Net income 2021 94 937 M 860 M 860 M
Net Debt 2021 554 B 5 022 M 5 022 M
P/E ratio 2021 11,4x
Yield 2021 2,80%
Capitalization 1 085 B 9 832 M 9 830 M
EV / Sales 2021 1,00x
EV / Sales 2022 0,96x
Nbr of Employees 56 179
Free-Float 87,7%
Chart AGC INC.
Duration : Period :
AGC Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AGC INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Average target price 5 755,00 JPY
Last Close Price 4 900,00 JPY
Spread / Highest target 38,8%
Spread / Average Target 17,4%
Spread / Lowest Target 2,04%
EPS Revisions
Managers and Directors
NameTitle
Takuya Shimamura President, CEO & Representative Director
Shinji Miyaji CFO, Representative Director & Executive VP
Yoshinori Hirai Director, CTO & Senior Managing Executive Officer
Yasuchika Hasegawa Independent Outside Director
Hiroyuki Yanagi Independent Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
AGC INC.36.11%10 067
SAINT-GOBAIN50.43%36 614
ASSA ABLOY AB30.91%35 222
XINYI GLASS HOLDINGS LIMITED36.49%15 506
MASCO CORPORATION7.25%14 650
FORTUNE BRANDS HOME & SECURITY, INC.14.50%13 603