TYO:5201

3 stories mentioning TYO:5201Updated 12d ago

Every FINWIRES story that references TYO:5201, newest first.

AGC Profit Rises 155% in Fiscal H1

AGC (TYO:5201) posted a 155.4% year-over-year increase in profit attributable to owners of the parent to 35.51 billion yen for the six months ended June 30 from 13.91 billion yen.The flat glass manufacturer's earnings per share increased to 167.45 yen from 65.59 yen a year ago, according to a Tokyo Stock Exchange filing on Tuesday.Net sales jumped 10.6% to 1.101 trillion yen from 995.47 billion yen in the year-ago period.For the fiscal year ending Dec. 31, the company forecasts an attributable profit of 77 billion yen, earnings per share of 363.12 yen, and net sales of 2.2 trillion yen.The company plans to pay a fiscal year-end dividend of 105 yen per share.

TYO:5201

Asia41d ago

Japan Extends Anti-dumping Duties on South Korean Dipotassium Carbonate for Five Years

Japan's Cabinet adopted an order to extend anti-dumping duties on dipotassium carbonate imported from South Korea for an additional five years, according to a joint statement from the Ministry of Economy, Trade and Industry (METI) and the Ministry of Finance on Friday.The extension will keep the current anti-dumping tariff rate of 30.8% in place until July 7, 2031.The decision follows a review launched in August 2025 after a request from domestic chemical manufacturer AGC Inc. (TYO:5201).Japanese authorities ruled that removing the duties would likely lead to "a recurrence of dumping and injury to the domestic industry caused by the dumped imports."Japan originally implemented the 30.8% anti-dumping duties on South Korean dipotassium carbonate on June 24, 2021.Dipotassium carbonate is an ingredient used to manufacture soap, glass, and wine, among others. Unid Co. (KRX:014830) is among the listed suppliers of this compound in Korea.

Nikkei 225KRX:014830TYO:5201

Asia103d ago

Market Chatter: AGC Halts Green Hydrogen Component Plant Construction in Kitakyushu

Japanese glass manufacturer AGC (TYO:5201) halted the construction of a green hydrogen component facility in Kitakyushu due to a global slowdown in carbon reduction efforts and hydrogen project delays, Nikkei Asia reported Monday.The chemical facility was intended to produce ion exchange membranes and was scheduled to begin operations this year. The company had planned to expand the plant and generate sales of 30 billion yen by fiscal 2030, the report said.AGC said it will take into consideration future demand conditions for hydrogen before resuming construction.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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