AGC Inc.
5201・Prime Market・Glass & Ceramics Products
Architectural Glass
AGC's core business, deploying flat glass and processed glass for architectural applications globally.
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (cumulative Q1 FY2026 (ending December 2026)) | ¥111,811 million | ¥103,041 million | ↑ |
| Operating profit (cumulative Q1 FY2026 (ending December 2026)) | ¥4,675 million | -¥934 million | ↑ |
| Operating margin (cumulative Q1 FY2026 (ending December 2026)) | 4.2% | -0.9% | ↑ |
| Revenue (full year FY2025 (ending December 2025)) | ¥441,141 million | — | — |
| Operating profit (full year FY2025 (ending December 2025)) | ¥17,263 million | — | — |
| Operating margin (full year FY2025 (ending December 2025)) | 3.9% | — | — |
Business Details
The segment's main products are flat glass for architecture (float glass) and processed architectural glass (multi-layer glass, tempered glass, and laminated glass), deployed across global markets including Europe/US, Asia, Japan, and South America. The two companies "Architectural Glass Europe/US" and "Architectural Glass Asia" work as one, sharing technology development and production information related to float and architectural processing, and pursuing social value creation such as GHG reduction. The segment aims to strengthen profitability through expanded sales of high-value-added products and continuous cost reduction.
Recent Overview
Q1 FY2026 revenue rose 8.5% year on year, and operating profit turned to a profit of ¥4,675 million from a loss in the same period last year.
In Q1 FY2026 (ending December 2026) (January to March 2026), the Architectural Glass segment's revenue was ¥111,811 million (¥103,041 million in the same period last year, +8.5% year on year), and operating profit was ¥4,675 million (a loss of ¥934 million in the same period last year), achieving a significant turnaround to profitability. The same period last year was in the red partly due to foreign exchange losses, but the profit environment improved in the current quarter. Detailed full-year revenue and operating profit forecasts by segment are not disclosed in the earnings report.
Key Products
Growth Drivers
- Continued effect of pricing policy in Europe/US and revenue increase effect from foreign exchange impact
- Increased shipments due to demand recovery in Asia (Thailand, Indonesia)
- Expanded sales of high-insulation, high-heat-shielding products such as Low-E multi-layer glass and vacuum insulated glass
- Expanded sales of high-value-added products and pricing policy driven by renovation demand in Japan
- Steady demand accompanying economic growth in South America and promotion of higher value-added products
Risks
- Delayed shipment recovery due to continued economic downturn in Europe
- Falling sales prices and intensifying competitive environment in Asia (Indonesia, etc.)
- Fluctuations in raw material and fuel prices and increases in costs such as labor costs
- Risk of spillover to demand and pricing environment due to China's economic slowdown
- Uncertainty in the business environment due to geopolitical risks (tariff trends, etc.)
Last updated: March 24, 2026