Key highlights
- AGC will end specialty glass production at Takasago Factory by Q3 2026.
- The decision is due to falling market prices and sluggish order growth.
- No changes to the consolidated financial forecast for fiscal year ending December 2025.
Business Exit
AGC has decided to exit its specialty glass business for chemical strengthening, which began in 2009. The decision is driven by declining business performance due to falling market prices and sluggish order growth.
Production Timeline
Manufacturing of the Dragontrail® series, used as cover glass for electronic devices, will cease at the Takasago Factory in Hyogo Prefecture by the third quarter of 2026.
Financial Impact
While costs will be incurred from ending manufacturing and exiting the business, AGC states there will be no change to the consolidated financial forecast for the fiscal year ending December 2025.
