April 28, 2020Management

AGC Group Measures to Prevent Spread of Novel Coronavirus (COVID-19)

First and foremost, we would like to express our deepest condolences and sympathies to those affected by COVID-19, which continues to spread around the world. At the same time, we would like to express our sincere appreciation to all those who are working on the prevention and providing medical treatment.

Amid the global outbreak of the coronavirus, the AGC Group is placing top priority on ensuring the health and safety of all stakeholders, including employees and their families, customers, and business partners.
On that basis, the AGC Group is conducting manufacturing operations in order to supply products that are needed in various areas of society, under the guidance of the national and/or local government in each respective country or region, while working to ensure the health and safety of employees and their families and prevent the spread of infection. Specifically, we are taking prevention measures in accordance with the situation of each country and region, such as encouraging teleworking, restraint of business trips and ensuring to wash hands and wear a mask at workplace.

The sharp decline in the global economy has impacted many of our businesses. Especially, the architectural and automotive glass businesses have seen a significant decline in demand, and we are making substantial production adjustments at our manufacturing sites around the world. In preparation for an extended period of global economic turmoil, we are expanding our company’s cash reserves and credit lines.

Now, in our business environment and our daily lives, we are facing unprecedented difficulties that we have never met before. To get through this situation, all AGC Group employees will work together with our customers in order to continue supplying materials necessary for society and people's everyday lives.
At the same time, we are learning a lot from working and living during this period of suffering. I feel confident that when this crisis is over, we will see dramatic changes in people's values and ways of thinking. Everyone wants the post-COVID-19 world to be a better place than before. The AGC Group will continue to take on challenges so that the strengths of our materials will help achieve the dream of the people around the world.

April 28, 2020
AGC Group President & CEO
Takuya Shimamura
Kazumi Tamaki, General Manager, Corporate Communications & Investor Relations Division
AGC Inc.
Contact: Kenichi Oda
TEL: +81-3-3218-5603
E-mail: info-pr@agc.com