AGC Inc.

Summary

Covers AGC exhibition participation, products, technologies, and major customers. Offers exclusive information available only on MarkLines to support research and analysis in the automotive industry.

Company Profile

■URL

https://www.agc.com/en/index.html

■Address

1-5-1, Marunouchi, Chiyoda-ku, Tokyo, 100-8405, Japan

Business Overview

-A major manufacture of various types of glass. It operates in five business areas: glass for the construction industry, automotive, electronics, chemicals and life science.

-World's No. 1 share of automotive glass and cover glass for automotive displays (according to company survey)

-On July 1, 2018, the Company will change its name from Asahi Glass Company, Limited, to AGC Inc.

Shareholders

-Listed on the Prime Market of the Tokyo Stock Exchange.

(As of Dec. 31, 2024)

Name or Company Name	Investment Ratio (%)
The Master Trust Bank of Japan, Ltd. (Trust Account)	15.99
Custody Bank of Japan, Ltd. (Trust Account)	8.16
Meiji Yasuda Life Insurance Co. (Standing proxy: Custody Bank of Japan, Ltd.)	3.62
The Asahi Glass Foundation	2.97
Asahi Glass Business Partner Shareholding Association	2.22
SMBC Nikko Securities Inc.	1.89
STATE STREET BANK WEST CLIENT-TREATY 505234 (Standing proxy: Mizuho Bank, Ltd. Sales of Yen Settlements Department)	1.80
Nippon Life Insurance Company (Standing proxy: The Master Trust Bank of Japan, Ltd.)	1.73
Barclays Securities Japan Limited BNYM (Standing proxy: MUFG Bank, Ltd.)	1.41
Employees Stockholding	1.41
Total	41.20

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Products

Automotive
-Patterned Glazing
-Module assembly window

Encapsulation
Brightwork

-Solar roofs

-Glass for displays

In-vehicle display cover glass
Car window displays
Black Band Display

-Glass for sensor and antenna

Cover glass for LiDAR, Wideeye
Integrated Glass Antennas
5G Sub6 Glass Antennas
FIR Sensor-enabled Windshield

-Window glass

Light Control Glass
Low-Emissivity Glass
Heated Coated Windshield
Heated Wire Windshield
Glass for head-up displays
Lightweight Glazing
Laminated Acoustic Glass
Infra-red Cut Glass
99% UV Cut Glass in All Directions
Privacy glass My Veil
Water Repellent Door Glass
Glass Applique
Module Assembly Window
Laminated glass LAMISAFE
Tempered glass TEMPERLITE
Anti-fogging glass eXeview

-Glass for transportation equipment and industrial vehicles

Highly Insulating Glass
Highly Resistant Glass Chemically Tempered

Glass Substrates for Displays
-High strength glass for chemical strengthening
-High quality soda-lime glass

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

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History

1907	Asahi Glass Co., Ltd. is established.
1909	Company started operation of Amagasaki plant 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. North American architectural glass business transferred to Cardinal Glass Industries, Inc.
2022	AGC Vinythai Public Company Limited was established by integrating and reorganizing chlor-alkali business subsidiaries in Southeast Asia.
2023	Life Science Company established. All shares of Asahi Glass Special Glass (Dalian) Co., Ltd., a manufacturer and sales company dealing in various types of float glass in China, were transferred to Shanghai Yaohua Pilkington Glass Group Co.
2024	Transferred its Russian architectural and automotive glass business and withdrew from operations in the country.

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