||Although AGC is No.1 glass manufacturer in the world, the contribution of the glass segment to the total sales is only 50 %.
Other 30 % is from the chemistry segment (alkali, urethane, fluorine and medicine) and 15 % from the electronics segment (glass for the liquid crystal).
In terms of the operating profit, the glass segment has barely 3 % because of the intense competition with Chinese competitors. On the other hand, the chemistry segment has reached 15 % with the rising price.
||In the middle and long term, they will try to increase the sales by reinforcing the production capacity of glass in developing countries like Brazil, Indonesia and Morocco.
At the same time, they will sustain and increase the operating profit by 3 business which are mobility (display in automobiles), electronics (materials for semiconductor) and life science (medicine).
The target of the operating profit is set on 230 B yen in 2025 which is about twice more than that in 2018.
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