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AGC (5201) investor relations material
AGC Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY2025 net sales were flat at ¥2,058.8 billion, with operating profit rising to ¥127.5 billion, driven by Automotive improvements and cost measures.
Profit attributable to owners of parent improved to ¥69.2 billion, with ROE rising to 4.7%.
Major impairments in Display (2022) and Biopharmaceutical CDMO (2024) previously weighed on results, but initiatives have stabilized earnings.
Profit before tax rebounded to ¥124.8 billion from a prior-year loss, mainly due to the absence of one-time losses.
FY2025 saw a moderate global economic recovery, with regional differences: US growth supported by investment, China and Europe lagging, and Japan showing moderate recovery.
Financial highlights
Net sales decreased by ¥8.8 billion year-over-year; operating profit rose by ¥1.6 billion to ¥127.5 billion.
Profit before tax surged by ¥174.8 billion, reflecting the absence of prior-year losses from Russian business transfer and large impairments.
Free cash flow was ¥96.1 billion, up from ¥89.2 billion in the prior year.
CapEx was ¥251.3 billion, depreciation ¥179.8 billion, and R&D expenses ¥60.3 billion.
Basic earnings per share reached ¥326.20, up from a loss per share of ¥443.71 in FY2024.
Outlook and guidance
FY2026 forecasts net sales of ¥2,200 billion (+6.9%), operating profit of ¥150 billion (+17.7%), and ROE of 5.2%.
Profit attributable to owners is projected at ¥77.0 billion, and EPS at ¥363.12.
Life Science segment expected to drive profit improvement; CapEx to decrease as major expansions conclude.
Dividend forecast for FY2026 is maintained at ¥210 per share.
Commitment to achieve operating profit target, with downside risks already factored in.
- TimeTickerHeadlineOpen
- 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
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