Agc Inc Unsp/Adr (ASGLY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

We have reached the hour. We would like to start Agc's fiscal twenty six q one results briefing. I will be the MC today. I'm Tomaki from corporate communications investor relations. I'd like to first introduce who is here on our side. Representative director, executive vice president, CFO, Ishiyo Takegawa. Executive officer, GM of Finance and Control, Tomoyuki Shiokawa. First, our CFO, Mr. Takegawa, will present Q1 fiscal twenty six results. And then after, we will like to move on to Q and A. We plan to end at 03:45PM, Japan time. Now over to you, mister Takigawa. I am Takigawa, the CFO. Thank you for your time today. First, please look at Page three. Page three shows the key points of Q1 fiscal twenty twenty six results and fiscal year twenty twenty six outlook. In Q1 results, net sales increased by 38,400,000,000 and operating profit rose by JPY 12,600,000,000 year on year. Net sales increased, thanks to the effects of yen depreciation as well as higher shipments in essential chemicals Southeast Asia and pricing policies effect in architectural glass in Europe. Operating profit benefited not only from the above aforementioned net sales growth factors, but also from profitability improvement in Life Science and decline in natural gas prices in Europe. The full year outlook remains unchanged from the announcement that we made in February. We currently expect only a minimal impact from The Middle East developments. Please turn to Page six. These are the highlights of the financial results for Q1 fiscal twenty twenty six. Net sales increased by JPY 38,400,000,000 to JPY $538,000,000,000. Net sales increased factors such as the impact of yen depreciation, higher shipments in essential chemicals Southeast Asia and pricing policies affecting architectural glass in Europe ...