August 3, 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 First Half and the Fiscal Year 2009


AGC (Asahi Glass Co., Ltd.)
has revised the outlook of consolidated operating results for the first
half of FY2009 (January 1 through June 30, 2009) announced on May 11, 2009, and the one for FY2009 (January 1 through December 31, 2009) announced on February 6, 2009, as described below. 1. Revised outlook of consolidated operating results for the first half of FY2009
[January 1 through June 30, 2009]
(Unit: Millions of Yen; %)
Net sales
Operating
income
Ordinary
income
Net income
Net income
per
share (Yen)
Previous outlook for the first half of FY2009 announced on May 11, 2009 (A)
500,000
0
△
5,000
△
38,000
△
32.54
Revised outlook for the first half of FY2009 (B)
515,000
7,500
9,000
△
22,000
△
18.84
Change (B – A)
15,000
7,500
14,000
16,000
－

Change (%) (B – A)/A
3.0
－

－

－

－

Actual results for the first half of FY2008
774,134
109,577
95,747
48,017
41.07

2. 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 February 6, 2009 (A)
1,100,000
30,000
20,000
△
42,000
△
35.97
Revised outlook for FY2009 (B)
1,100,000
40,000
30,000
△
34,000
△
29.12
Change (B – A)
0
10,000
10,000
8,000
－

Change (%) (B – A)/A
0.0
33.3
50.0
－

－

Actual results for FY2008
1,444,317
154,013
109,756
39,178
33.53

3. Reasons for the revision
In the Electronics & Display operations, shipment of glass substrates for FPDs has recovered
more rapidly than our estimate at the beginning of FY2009. In addition, foreign exchange profit
has occurred as non-operating income. Due to these factors, we expect the consolidated net sales,
operating income, ordinary income, and net income for the first half of FY2009 to be higher than the
ones defined in the previous outlook announced on May 11, 2009.
And, while our business circumstance still remains uncertain, we foresee that the robust demand
for FPD glass substrates will continue in the third quarter. Based on the factor, we expect the
consolidated operating income, ordinary income, and net income for FY2009 to be higher than the
ones defined in the previous outlook announced on February 6, 2009.