November 5, 2009
Corporate Name: Asahi Glass Co., Ltd.
President & COO: Kazuhiko Ishimura
(Code Number: 5201; TSE 1st section)
Contact: Toshihiro Ueda, General Manager,
Corporate Communications & Investor Relations
(Tel: +81-3-3218-5509)
AGC Revises the Consolidated Outlook for the Fiscal Year 2009
AGC (Asahi Glass Co., Ltd.) has revised the outlook of consolidated operating results for
FY2009 (January 1 through December 31, 2009) as described below.
1.
Revised outlook of consolidated operating results for FY2009
[January 1 through December 31, 2009]
(Unit: Millions of yen; %)
Net sales
Operating
income
Ordinary
income
Net income
Net income
per share (Yen)
Previous outlook for FY2009 announced on August 3, 2009 (A)
1,100,000
40,000
30,000
(34,000) (29.12)
Revised outlook for FY2009 (B)
1,150,000
72,000
70,000
(5,000) (4.28)
Change (B – A)
50,000
32,000
40,000
29,000
-
Change (%) (B – A)/A
4.5
80.0
133.3
-
-
Actual results for FY2008
1,444,317
154,013
109,756
39,178 33.53
2. Reasons for revision
Shipment of glass substrates for FPDs in the third quarter exceeded our expectation, and we
foresee that the shipment will continue steadily in the fourth quarter as well. Due to these factors,
we expect the consolidated net sales, operating income, ordinary income, and net income for
FY2009 to be higher than the ones defined in the previous outlook announced on August 3, 2009.
In addition, we foresee performance of the businesses other than FPD glass substrates will be
recovering or improving gradually, such as flat glass business in Europe in which we are pursuing
price restoring.