Ceramic Industry News

Asahi Announces 12% Increase in Net Sales

February 16, 2011
/ Print / Reprints /
/ Text Size+

Asahi Glass Co. Ltd. has announced results for the fiscal year from January 1, 2010, to December 31, 2010. The company posted net sales of ¥1,288.9 billion (~ $15.47 million), which was a ¥140.7 billion (~ $1.7 billion) or 12.3% increase compared to the previous year. Operating income was ¥229.2 billion (~ $2.8 billion), compared to ¥142.5 billion (~ $1.7 billion) year-on-year, a 164.4% increase. Ordinary income of ¥226.8 billion (~ $2.7 billion), a 160.1% increase year-on-year; and net income of ¥123.2 billion (~ $1.5 billion), which was a 516.4% increase year-on-year.

In the flat glass business, architectural glass shipments increased in all regions; shipments of glass for solar power systems were also strong. However, sales increased only slightly compared to the previous year due to the effect resulting from appreciation of the yen. In the automotive glass business, shipments were continuously strong due to the effects of demand-oriented stimulus measures implemented in various countries. Sales in this business increased compared to the previous year. As a result, net sales from the Glass Operations for the fiscal year were ¥570.9 billion (~ $7 billion), an 8.7% increase year-on-year. Operating income was ¥21.2 billion (~ $258 million), a ¥56.2 billion (~ $689 million) increase year-on-year.

For additional details, visit www.agc.co.jp.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.


Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts


Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!


facebook_40px twitter_40px  youtube_40pxlinkedin_40