AGC Inc.
Company Profile
Business Overview
-On July 1, 2018, the Company will change its name from Asahi Glass Company, Limited, to AGC Inc.
-A major manufacture of various types of glass. It operates in five business areas: glass for the construction industry (North America), glass for the construction industry (Asia), automotive, electronics, and chemicals.
-In FY2020, the sales of Automotive Glass accounted for 20.7% of total company sales.
-Based on the Company’s rough estimate made in 2017, it has the largest share of the automotive glass market worldwide.
Shareholders
| -Listed on the First section of the Tokyo Stock Exchange. | (As of Dec. 31, 2021) |
| Name or Company Name | Investment Ratio (%) |
| The Master Trust Bank of Japan, Ltd. (Trust Account) | 14.79 |
| Custody Bank of Japan, Ltd. (Trust Account) | 7.20 |
| Meiji Yasuda Life Insurance Co. | 3.90 |
| The Asahi Glass Foundation | 2.77 |
| Barclays Securities Japan Limited | 2.73 |
| Asahi Glass Business Partner Shareholding Association | 2.00 |
| Japan Securities Finance Co., Ltd. | 1.77 |
| Mitsubishi Estate Co., Ltd. | 1.67 |
| Nippon Life Insurance Company | 1.65 |
| SMBC Nikko Securities Inc. | 1.62 |
| Total | 40.10 |
Products
Automotive glass
-Laminated glass
- Laminated Acoustic Glass
- Infra-red Cut Glass
- Heated Wire Windshield
- Heated Coated Windshield
- Glass for head-up displays
- Lightweight Glazing
- Light Control Glass
-Tempered glass
- 99% UV Cut Glass in All Directions
- Water Repellent Door Glass
-Integrated Glass Antennas
-Privacy glass
-Patterned Glazing
-Module assembly window
- Encapsulation
- Brightwork
- Glass Applique
-Highly Insulating Glass
-Highly Resistant Glass Chemically Tempered
-Module Assembly Window
-Low-Emissivity Glass
-Solar-battery roofs
Glass Substrates for Displays
Electronic Materials
-High refractive index glass
-Antireflection coating
-Glass Frit, Glass Pastes and Low Temperature Hermetic Sealing Parts
-Polycarbonate sheet
-DOE/Diffuser
-Hollow polycarbonate
-Glass substrate for anodic bonding
-Glass Ceramics Substrate
-IR cut filter
-Aspherical Glass Lenses
-Aspherical Glass Molded Lenses (Chalcogenide Glass)
-Aspherical Glass Molded Lens
Chemicals
-Fuel cell related materials
-Refrigerant for automotive air conditioners
History
| 1907 | Asahi Glass Co., Ltd. is established. |
| 1909 | Company started operation of Amagasaki Industries and started manufacturing of window glass. |
| 1914 | The Makiyama factory is set up. |
| 1916 | Starts manufacturing of fireproof brick. |
| 1916 | The Tsurumi factory is set up. |
| 1917 | Starts manufacturing soda ash. |
| 1939 | The Company acquired Showa Kagaku Kogyo Ltd., and set up the Ibo factory. |
| 1942 | The Company acquired Ohsaka Sarasiko Ltd., and set up the Yodogawa factory. |
| 1944 | The Company merged with Nihon Kasei Kogyo Ltd., and the Company name was changed to Mitsubishi Kasei Kogyo Ltd. |
| 1950 | Mitsubishi Kasei Kogyo Ltd. is divided into three companies due to the Law on Corporate Restructuring. The Company returns to its old name of ASAHI GLASS Co., Ltd. and restarts business. The Company was listed on the Tokyo, Osaka, and Nagoya stock exchanges. |
| 1954 | The Company established Asahi Special Glass Ltd. to make glass valves for televisions. |
| 1956 | The Company jointly established the Asahi Fiber Glass Co., Ltd. with Owens Corning Fiber Glass Co. (US). |
| 1956 | The Company established Asahi Processing Glass Ltd. to make glass processing into a business. |
| 1995 | Agreed to purchase all the shares of Asahi Fiber Glass Co., Ltd. from Owens Fiberglass (US) |
| 1997 | Purchased shares of Asahi Ohrin Co., Ltd. from Ohrin (US) and made it into a wholly-owned subsidiary. Next year, the subsidiary's name will be changed to Asahi Urethane Co., Ltd. |
| 1998 | Agreed to merge with Iwaki Glass Company, Ltd. and Toshiba Glass Company, Ltd. Next year the name of the Company will be changed to Asahi Techno Glass, Ltd. |
| 1998 | Graverbel acquired PPG Co., a European plate glass company. |
| 1999 | Acquired South Korea Electric Glass Company, a manufacturer of color-cathode glass valves. Acquired the fluoroplastics business from IC (UK). |
| 2001 | Set up a new research and development building in the Central Research Institute. |
| 2002 | The Ceramics business was transferred to Asahi Glass Ceramics Co. Made Glaverbel S.A. into the Company's fully-owned subsidiary. |
| 2004 | Its ceramic-based exterior siding business was spun off to become a new joint-venture company, Asahi Tostem Exterior Wall Co., Ltd. |
| 2005 | Made Asahi Techno Glass, Ltd. into a fully owned subsidiary. |
| 2006 | Acquired Matsushima Optical Component Co., Ltd., and changed the name of the subsidiary company to AGC Micro Glass Co., Ltd. in 2007. |
| 2007 | Set up Osaka Office. Spun off Asahi Fiber Glass Co., Ltd. and sold off all the shares it held in this subsidiary. |
| 2008 | The Company sold off all the shares it held in Optrex Corporation. |
| 2009 | The Kitakyushu Plant terminated production of automotive glass. |
| 2011 | The Company established AGC Glass Brazil in Brazil. |
| 2012 | Closed strategical agreement with Interpane Glas Industrie AG in Germany. |
| 2014 | The Company tapped into the Vietnamese market by acquiring shares in Phu My Plastics & Chemicals Co., Ltd., a local company that produces polyvinyl chloride. |
| 2015 | Acquired all the stock shares in NordGlass Sp. z o.o., a supplier based in Poland manufacturing automotive replacement glass. |
| 2016 | Acquired all shares of German company Biomeva (now AGC Biologics) and started contract manufacturing business of biopharmaceutical development and manufacture in that country |
| 2017 | Acquired all shares of CMC Biologics (now AGC Biologics), which has a development base in Denmark and the US, and started a biopharmaceutical development manufacturing contract business in that country |
| 2017 | Acquired majority share of Vinythai, a Thai chemical manufacturing and sales company, and secured a new production base for vinyl chloride resin |
| 2018 | Company name changed from Asahi Glass Co., Ltd. to AGC Co., Ltd. |
| 2018 | Acquired the electronics business of US Park Electronics Co., Ltd. |
| 2019 | Acquired the Advanced Dielectric Division (ADD) and some of the Industrial Products Division of US-based Taconic Co., Ltd. |
| 2020 | Established a new R&D facility in the AGC Yokohama Technical Center (former Keihin Plant) |
| 2021 | Consolidated two former R&D centers (the Central R&D Center and the former R&D center at the Keihin Plant) into one and renamed it the AGC Yokohama Technical Center. |
Supplemental Information 1
>>>Business Report FY ended Dec. 31, 2006
>>>Business Report FY ended Dec. 31, 2007
>>>Business Report FY ended Dec. 31, 2008
>>>Business Report FY ended Dec. 31, 2009
>>>Business Report FY ended Dec. 31, 2010
>>>Business Report FY ended Dec. 31, 2011
>>>Business Report FY ended Dec. 31, 2012
>>>Business Report FY ended Dec. 31, 2013
>>>Business Report FY ended Dec. 31, 2014
>>>Business Report FY ended Dec. 31, 2015
>>>Business Report FY ended Dec. 31, 2016
>>>Business Report FY ended Dec. 31, 2017
>>>Business Report FY ended Dec. 31, 2018
>>>Business Report FY ended Dec. 31, 2019
>>>Business Report FY ended Dec. 31, 2020
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss