• 
• 
• 
• 
• 
• 
• 

In March 2011, eastern Japan, the Tohoku region in particular, was struck by a massive earthquake, causing unprecedented damage. I would like to express my heartfelt sympathies to the victims of the earthquake and subsequent tsunami and pray for the earliest possible recovery of the afflicted areas and victims' return to normal life. The AGC Group donated 300 million yen toward the recovery of the devastated areas. We will continue to make thorough efforts to identify needs in the affected areas and provide them with the goods necessary for recovery.
The AGC Group supplies a range of products that directly contribute to people's lives, such as sodium hypochlorite used to sterilize water and sodium bicarbonate used for artificial dialysis, in addition to architectural glass and other products that support basic infrastructure. The earthquake has served as a strong reminder of the social mission of our business. Together, we will overcome this time of hardship, keeping in mind that the AGC Group has to continue providing these products, even amid an emergency situation, as a core social responsibility.

Summary of the Results in the First Year of
"Grow Beyond-2012"

The AGC Group pursued the "full-fledged recovery of its performance" and "building of foundations for growth" in fiscal 2010, the first year of its medium-term management plan "Grow Beyond-2012". As a result we were able achieve record high results during the fiscal year. Also in fiscal 2011, we will strongly foster measures under our management policy Grow Beyond, while continuing to conduct business based on the principles, "No production without safety" and "Thorough compliance".

Aiming to Implement the Aspirations for 2020 as an Enterprise that Contributes to a Sustainable Society

The AGC Group recognizes the necessity of building a sustainable society from a more comprehensive global viewpoint, and has clearly defined its aspirations for 2020 in order to contribute to the creation of such a society.

Specifically, we are aiming to achieve total sales of at least 2 trillion yen and also to raise the sales share of "products for the fast-growing markets," "environmental products," and "new products" to 30% or higher by 2020.

Accelerating the Building of Foundations for Growth as a Truly Global Enterprise

To achieve the Aspirations for 2020, the AGC Group will accelerate the building of foundations for growth focusing on the following three points.

(1) Delivering technology solutions for climate change — We will give due consideration to the environment in all our business operations.

Climate change is a serious issue that could threaten the business continuity of the AGC Group, but we regard this as a great opportunity to contribute to society through our business. Recognizing our responsibility as an energy-intensive glass manufacturer, we earnestly strive to reduce energy consumption in our manufacturing processes.
Moreover, we will deliver technology solutions for climate change by developing, manufacturing and globally promoting products, such as solar-related materials and components that contribute to higher generating efficiency, energy-saving architectural glass suitable for each region and high-performance automotive glass for eco-friendly vehicles, by taking advantage of our technological expertise in glass, chemicals and ceramics.

(2) Glass-technology-driven company — Adding further value to our products through our strong and differentiated technologies.

We will further advance our glass technology and fuse our core technologies in glass, chemicals and ceramics to differentiate our business. We will thereby provide more value-added products, including those related to displays.

(3) Second round of globalization — As a global company, we will also contribute to the growth of fast-growing regions.

We will enhance our business in developed regions including Japan, Europe and North America while continuing to expand operations in fast-growing regions where we have already established bases. For example, we started operation of one of the world's largest float glass lines in Russia in September 2010 and appointed a chief representative to represent the AGC Group in China at the beginning of 2011. We will also accelerate the launch of our business in countries and regions where we currently have no presence, such as Brazil.
In furthering our business in fast-growing regions, we aim to contribute to the growth of the regions through business. To this end, we are currently examining the possibility of leveraging global human resources in each region and building a business model that differs from those used in developed areas.

Bringing Our People and Organization Together under the Slogan of "Our People are Our Strength"

Our People are the driving force for the implementation of Grow Beyond measures and the achievement of the Aspirations for 2020. Recognizing this, we give growth opportunities to employees who have high motivation toward their own growth and are highly committed to their work. Growth will allow them to take on more difficult challenges, and this in turn will make them grow further.
The AGC Group has about 50,000 employees working in a range of countries and regions with different commercial customs and social practices. The diversity of our workforce gives the Group a great advantage. We will continue to focus on building a system base that makes better use of excellent human resources in each region and also on improving the structure for Group training. The diversity of our workforce gives the Group a great advantage, which we will use to transform ourselves into a global enterprise in the truest sense—a robust group that meets expectations for its growth through both an organization-based growth spiral and a personal growth spiral, with each complementing one another to create a self-propelling cycle of development.

Creating Further Opportunities for Dialogue on a Global Scale

We will listen to the comments of stakeholders and develop technologies and services that will meet the expectations of society, which we hope will in turn make people think "what will the AGC Group do next for us" and help us gain their support. In fiscal 2010, we held a meeting in Thailand and received precious opinions from local stakeholders. Through dialogue with a broad range of people, we will continue to implement more diverse measures toward the achievement of a sustainable society.

• AGC Group's CSR activities