AGC Inc. Company Profile
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AGC Inc.
Manufacturing
- Establishment Year
1907
- Headquarters
Japan
- Key Management
Mr.Takuya Shimamura (CEO)
- Revenue (US$ Mn)
12,530.8 (2021)
- Headcount
55,598
- Website
Business Description
AGC, Inc. manufactures and sells electronic materials, glass, chemicals, and other products. Toshiya Ichasaki founded the company on September 8, 1907, and it is headquartered in Tokyo, Japan. Opto-electronic products are also offered by the company. It also offers optoelectronic materials.
Key Financials
Revenue (US$ Mn)
- US$ 12,531 Mn was the annual revenue generated by AGC, Inc. in 2021
- AGC, Inc.’s annual revenue for 2020 was US$ 13,677 Mn, a -1.74% decrease from 2019
- From 2018’s annual revenues, AGC, Inc. registered a 0.84% increase in 2019, amounting to US$ 13,919 Mn
- Total revenue of US$ 13,802 Mn was generated in 2018 by AGC, Inc.
Operating Income(US$ Mn)
- AGC, Inc.’s operating income for 2021 was US$ 326 Mn, a -55.25% decrease from 2020
- The operating income generated by AGC, Inc. in 2020 was US$ 728 Mn
- At a -14.59% decrease, AGC, Inc.’s operating income of US$ 922 Mn was indexed in 2019
- AGC, Inc. generated an operating income of US$ 1,079 Mn in 2018
Operating Margin %
- US$ 3 Mn was the Operating Margin generated by AGC, Inc. in 2021
- AGC, Inc.’s Operating Margin for 2020 was US$ 5 Mn, a -19.7% decrease from 2019
- From 2018’s Operating Margin, AGC, Inc. registered a -15.38% decrease in 2019, amounting to US$ 7 Mn
- An Operating Margin of US$ 8 Mn was generated in 2018 by AGC, Inc.
SWOT Analysis
Strengths
Strong innovation capabilities
The company has a strong focus on innovation activities, which are based on three strategic pillars including mobility, electronics, and life science. AGC devotes significant resources to innovation activities to develop consumer-preferred products with varied features.
The company has an organized innovation structure that facilitates organic collaboration among its business segments and corporate divisions. The company’s Innovative Technology Research Center creates innovative core technologies and supports product development through advanced common fundamental technologies.
The Production Technology Division of AGC develops production facilities and focuses on the glass manufacturing process, glass forming and processing, chemical process, resin molding, protein manufacturing, and Mammalian cell culture.
The company also undertakes innovation activities through its Float Technology Promotion Division and Intellectual Property Division of AGC. The company’s strong focus on innovation has allowed it to develop new products to suit customer requirements.
Therefore, the company’s continuous focus on innovation allows it to bring new products to market and maintain technological leadership, which in turn enables the company to expand its customer base and generate incremental revenue.
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