July 15, 2021Products
AGC to Revise Pricing for Architectural Glass Products in Japan
AGC (AGC Inc.; Headquarters: Tokyo; President: Yoshinori Hirai), has decided to raise the sales price of its architectural glass-related products in Japan. New prices will apply to products delivered on October 1, 2021 or later. The scheduled price increases are 15–20% for float glass and mirrors, 30% for wired glass and figured glass, and 10–20% for fabricated glass for architectural use.
The Company’s architectural glass business in Japan is facing an increasing cost burden to ensure a stable supply of architectural glass due to rising costs for maintenance and renewal of manufacturing-related facilities. In addition to the above, AGC's profitability continues to be pressured by persistently high prices of raw materials and sub-materials and logistics costs.
In the architectural glass business in Japan, the AGC Group will continue to create social and economic value through the provision of a stable supply of architectural glass over the long term and improved business profitability.
- MEDIA INQUIRIES
- Kazumi Tamaki, General Manager, Corporate Communications & Investor Relations Division
AGC Inc. - Contact: Tomoko Nakao
- TEL: +81-3-3218-5603
- E-mail: info-pr@agc.com