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Process Industries

Asahi Glass Co., Ltd.

  • 3,660.00 JPY
  • -15.00
  • -0.41%
  • Japan
    Jun 26, 2019
  • Ticker
    TKS(5201)
  • Prev. close
    3,675
  • Market cap (JPY)
    835,847.06M
  • Market cap (USD)
    7,761.96M
  • Shares
    227.44M

Business Summary

AGC, Inc. engages in the manufacture and sale of glass, electronic materials, and chemicals. Its operations are carried out through the following segments: Glass, Electronics, and Chemicals. The Glass segment provides security glass, fire-resistant glass, heat insulating glass, and automotive glass. The Electronics segment offers glass for display panels, optical thin film products, opto-electronic materials, synthetic quartz products, semiconductor components, and lighting products. The Chemicals segment deals with chlor-alkali and urethane products, water and oil repellents, solvents, gases, and specialty chemicals. The company was founded by Toshiya Iwasaki on September 8, 1907 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2018 JPYUSD
Revenue1,522.90B13,789.07M
Gross Profit418,502M3,789.30M
Operating income118,306M1,071.19M
Income before tax128,404M1,162.62M
Net income89,593M811.21M
EBITDA239,974M2,172.83M
Diluted EPS397.573.59
Dividends Per Share1151.04
Total Assets2,235.77B20,378.03M
Total liabilities982,169M8,952.00M
Total equity1,137.20B10,365.07M
Operating cash flow189,287M1,713.89M
Currency in JPYCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 1,348.30B 1,326.29B 1,282.57B 1,463.53B 1,522.90B
Gross Profit 331,829M 333,565M 349,012M 402,463M 418,502M
Operating income 59,534M 68,815M 94,543M 118,921M 118,306M
Income before tax 41,163M 82,165M 65,748M 114,424M 128,404M
Net income 15,913M 42,906M 47,439M 69,226M 89,593M
EBITDA 196,733M 206,196M 216,346M 247,147M 239,974M
Diluted EPS 67.90 184.85 204.25 300.65 397.57
Dividends Per Share 90 90 90 105 115
Total Assets 2,077.33B 1,991.26B 1,981.45B 2,228.56B 2,235.77B
Total liabilities 896,848M 827,495M 812,704M 938,662M 982,169M
Total equity 1,113.12B 1,094.17B 1,095.43B 1,184.03B 1,137.20B
Operating cash flow 135,790M 187,170M 203,637M 203,504M 189,287M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 12,737.91M 10,955.23M 11,803.63M 13,051.67M 13,789.07M
Gross Profit 3,134.89M 2,755.25M 3,211.99M 3,589.13M 3,789.30M
Operating income 562.43M 568.41M 870.08M 1,060.52M 1,071.19M
Income before tax 388.88M 678.68M 605.08M 1,020.42M 1,162.62M
Net income 150.33M 354.40M 436.58M 617.35M 811.21M
EBITDA 1,858.60M 1,703.18M 1,991.05M 2,204.03M 2,172.83M
Diluted EPS 0.64 1.52 1.87 2.68 3.59
Dividends Per Share 0.85 0.74 0.82 0.93 1.04
Total Assets 17,326.31M 16,553.15M 16,988.47M 19,783.04M 20,378.03M
Total liabilities 7,480.27M 6,878.88M 6,967.92M 8,332.55M 8,952.00M
Total equity 9,284.17M 9,095.74M 9,392.01M 10,510.74M 10,365.07M
Operating cash flow 1,282.85M 1,546.03M 1,874.09M 1,814.83M 1,713.89M

Valuation Measures

Dec 2018
PER8.58
ROA4.01%
ROE7.71%
Operating margin7.76%
Profit margin5.88%

Key executives

  • President, CEO & Representative Director: Takuya Shimamura
  • Chief Financial Officer & Representative Director: Shinji Miyaji
  • Representative Director, CTO & GM-Technology: Yoshinori Hirai
  • Executive Officer: Kimikazu Ichikawa
  • Executive Officer & General Manager-Asia: Masahiro Takeda

Shareholders

  • Meiji Yasuda Life Insurance Co. (4.2%)
  • Asset Management One Co., Ltd. (4.1%)
  • Nomura Asset Management Co., Ltd. (3.0%)
  • AGC, Inc. (Japan) (2.6%)
  • Asahi Glass Foundation (2.5%)
  • The Vanguard Group, Inc. (2.1%)
  • Mitsubishi Estate Co., Ltd. (1.9%)
  • Asahi Glass Business Association (1.8%)
  • Tokio Marine Holdings, Inc. (1.7%)
  • Daiwa Asset Management Co. Ltd. (1.5%)

Contact Details

  • Website:http://www.agc.com
  • Address: Shin-Marunouchi Building, 1-5-1 Marunouchi, Tokyo, 100-8405, Japan
  • Phone: +81.3.3218.5741

Related Companies

  • Tonoga, Inc. /2 Divisions/
  • AGC Glass Substrate (Hong Kong) Co. Ltd.
  • Agc Board Incentive Plan
  • Park Electrochemical Corp. /Electronics Business/
  • Malgrat Pharma Chemicals SL
  • AGC Display Glass Yonezawa Co., Ltd.
  • Agc Co. Ltd.
  • AGC Research Institute, Inc.
  • AGC Polycarbonate Co., Ltd.
  • AGC Micro Glass (Thailand) Co. Ltd.
  • AGC Flat Glass (Suzhou) Co. Ltd.
  • AGC Flat Glass (Dalian) Co. Ltd.
  • AGC Flat Glass Klin LLC
  • PT Iwaki Glass Indonesia
  • Zibo Asahi Glass Alumina Materials Co. Ltd.
  • AGC Technology Solutions (Thailand) Co. Ltd.
  • AGC Display Glass (Kunshan) Co. Ltd.
  • AGC Automotive Foshan Co., Ltd.
  • AGC Automotive China Co. Ltd.
  • AGC Shanghai Co., Ltd.
  • AGC Automotive Philippines, Inc.
  • AGC Electronics (Thailand) Co. Ltd.
  • AGC Automotive (Thailand) Co. Ltd.
  • PT Cahayatiara Mustika Scientific Indonesia
  • AGC (China) Holdings Co., Ltd.
  • AGC Flat Glass (Thailand) Public Co. Ltd.
  • AGC Display Glass Taiwan Co. Ltd.
  • Shield Autoglass Ltd.
  • AGC Glass Europe SA
  • AGC Automotive Americas Co.

Competitors

  • Chemours Co.
  • Turkiye Sise ve Cam Fabrikalari A.S.
  • Corning Inc
  • Compagnie de Saint-Gobain SA
  • Global Display Co., Ltd.
  • U.I. Display Co., Ltd.
  • Research Frontiers Incorporated
  • Anadolu Cam Sanayii A.S.
  • Binex Co., Ltd
  • Hubei Huitian New Materials Co., Ltd. Class A
  • PT Chandra Asri Petrochemical Tbk
  • SKC Solmics Co., Ltd
Last Updated on 26 Jun, 2019

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