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 : to Implement Organizational Reform of its Architectural Glass Business

04/12/2021 | 02:07am EDT

1. Purpose
Starting the globally integrated management of the architectural glass business in 2002, AGC has achieved results as it launched businesses in emerging regions and added further value to its advanced technologies and products through global operations.
However, the business environment surrounding the architectural glass business has changed drastically, causing great regional differences in its market and business environment. AGC has determined that it needs to precisely capture customer needs in each region and ensure agile decision-making and value improvement measures in order to improve the profitability and asset efficiency, which are priority issues for the architectural glass business.
Consequently, AGC has decided to divide the management unit of the architectural glass business.
Under the medium-term management plan AGC plus-2023 announced in February this year, AGC has set the improvement of profitability and asset efficiency of the business as one of priority issues and launched a structural reform project led by the CFO, which has commenced study and discussions on structural reform measures with a view to industrial reorganization.

2. Overview
The Building & Industrial Glass Company will be divided into the Architectural Glass Europe & Americas Company and the Architectural Glass Asia Pacific Company. The Architectural Glass Europe & Americas Company consists of the Europe General Division, the North America General Division, and the South America General Division. The Architectural Glass Asia Pacific Company consists of the Japan General Division and the Asia Pacific General Division.

Under the medium-term management plan AGC plus-2023, the AGC Group strives on its business portfolio reform to achieve asset efficiency improvement. The Group will create social and economic value on a continuous basis by swiftly adapting itself to the changing business environment and further pursuing the portfolio-based management.

Disclaimer

AGC - Asahi Glass Co. Ltd. published this content on 12 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2021 06:06:01 UTC.


© Publicnow 2021
All news about AGC INC.
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
04/13Nikkei gains as glass firms, department stores shine on upbeat earnings
RE
04/12Nikkei rises as glass firms, department stores gain on upbeat earnings
RE
More news
Financials
Sales 2021 1 627 B 14 835 M 14 835 M
Net income 2021 89 898 M 820 M 820 M
Net Debt 2021 556 B 5 072 M 5 072 M
P/E ratio 2021 11,9x
Yield 2021 2,75%
Capitalization 1 069 B 9 739 M 9 746 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 5 585,00 JPY
Last Close Price 4 830,00 JPY
Spread / Highest target 40,8%
Spread / Average Target 15,6%
Spread / Lowest Target -15,1%
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.34.17%9 739
SAINT-GOBAIN51.36%36 389
ASSA ABLOY AB27.90%34 562
XINYI GLASS HOLDINGS LIMITED39.26%15 744
MASCO CORPORATION6.95%14 610
FORTUNE BRANDS HOME & SECURITY, INC.15.13%13 678