AGC (OTCPK:ASGL.Y) Update / Briefing Transcript

Summary of AGC (OTCPK:ASGL.Y) ESG Briefing - September 26, 2025 Company Overview - Company: AGC (Asahi Glass Company) - Industry: Glass and Chemicals - Global Presence: Operations in over 30 countries with approximately 54,000 employees [5][4] Key Business Segments - Sales Breakdown: - Glass-related business: 45% - Chemicals: 25% - Electronics: 20% - Life Science and Ceramics: 10% each [4][3] Value Creation Model - Purpose: AGC aims to be an essential part of everyday life, focusing on long-term social issues and materiality [15][13] - Management Strategy: The company emphasizes a value creation model that connects external environmental changes with its purpose [15][22] - Social Values: Focus on sustainable global environment, innovation, and well-being [21][22] Sustainability and Innovation - Sustainability Objectives: Addressing climate change and resource efficiency while maximizing opportunities through products and technologies [17][18] - Technological Advancements: Emphasis on developing unique materials and solutions to solve social issues [21][24] - Carbon Neutrality Goal: AGC aims to achieve carbon neutrality by 2050 through various technologies, including recycling and alternative fuels [32][34] Intellectual and Human Capital - Intellectual Capital: Focus on evolving technologies, particularly in organics and glass, with a strategic approach to patent applications [24][42] - Human Capital Development: Initiatives to enhance employee engagement and develop future management talent, including a focus on diversity [46][49][81] Research and Development Focus - Key Technology Fields: Seven identified fields for future growth, including performance chemicals and mobility solutions [29][71] - Open Innovation: Collaboration with external partners and academia to accelerate product development [40][41] Financial Performance and Licensing - Patent Growth: Increase in patent applications and licensing revenue, particularly in strategic business areas like electronics and life sciences [72][74] - Revenue Generation: More than half of revenue is expected to come from strategic businesses [74] Challenges and Future Outlook - Management Development: Continuous efforts to enhance the talent pool, including female and non-Japanese candidates, are ongoing [81][79] - Market Adaptation: AGC is adapting to technological changes and market demands, particularly in automotive and energy sectors [71][70] Conclusion - AGC is committed to sustainability, innovation, and enhancing its value creation model while focusing on human capital development and strategic growth areas. The company aims to leverage its strengths in glass and chemicals to meet future challenges and opportunities in the market [91][90]