May 11
th
, 2010

Corporate Name: Asahi Glass Co., Ltd.
President & CEO: 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 First Half and the Fiscal Year 2010

AGC (Asahi Glass Co., Ltd.) has revised the outlook of consolidated operating results announced on
February 10
th
, 2010, as described below.

1.

Revised outlook of consolidated operating results for the first half of FY2010
[January 1 through June 30, 2010]
(Unit: Millions of yen; %)
Net sales
Operating
income
Ordinary
income
Net income
Net income
per share (Yen)
Previous outlook for the first half of FY2010 announced on February 10
th
,
2010 (A)
600,000
75,000
70,000
40,000 34.26
Revised outlook for the first half FY2010 (B)
650,000
105,000
100,000
60,000 51.39
Change (B – A)
50,000
30,000
30,000
20,000
Change (%) (B – A)/A
8.3
40.0
42.9
50.0
Actual results for FY2009
516,527
7,459
9,245
△22,213
△19.02

2.

Revised outlook of consolidated operating results for FY2010
[January 1 through December 31, 2010]

(Unit: Millions of yen; %)
Net sales
Operating
income
Ordinary
income
Net income
Net income
per share (Yen)
Previous outlook for FY2010 announced on February 10
th
, 2010 (A)
1,300,000
160,000
150,000
90,000 77.08
Revised outlook for FY2010 (B)
1,300,000
190,000
180,000
110,000 94.21
Change (B – A)
0
30,000
30,000
20,000
Change (%) (B – A)/A
0.0
18.8
20.0
22.2
Actual results for FY2009
1,148,198
86,682
87,207
19,985 17.12

3. Reasons for revision
For the first quarter in the fiscal year ending December 2010, actual shipments in most segments
exceeded our outlook at the beginning of the current fiscal year. Especially, shipments of FPD
glass substrate remained robust following the fourth quarter of the last fiscal year. Also, shipments of
automotive glass showed stable recovery thanks to demand stimulus measures for automobiles taken
by the governments in various countries.
As a result, it is expected that outlook of consolidated operating results for the first half and the
fiscal year 2010 will exceed the ones released on February 10
th
, 2010.