Company Profile For Asahi Glass Company,Limited

Asahi Glass Company, Limited is a Japan-based glass manufacturer. The Company has four business segments. The Glass segment manufactures and sells sheet glass, glass for automobiles, as well as glass for illumination and industry use, among others. The Electronics and Display segment is involved in the manufacture and sale of glass substrates for flat-panel displays (FPDs) and liquid crystal, glass for cathode-ray tubes (CRTs), glass frits, parts for semiconductor manufacturing equipment, optoelectronics parts and synthetic silica products, among others. The Chemical segment offers chloride vinyl monomers, sodium hydroxide, fluorine resin and glass, battery materials and iodine products, among others. The Others segment provides ceramic products, as well as logistics and financial services. The Company has 238 subsidiaries and 46 associated companies.

BRIEF: For the nine months ended 30 September 2009, Asahi Glass Company, Limited's revenues decreased 29% to Y820.27B. The Company's net loss totaled Y4.80B, vs. an income of Y62.81B. Revenues reflect lower sales especially from the glass and chemical business segments due to lower demands for Company's products. Net loss also suffers from higher percentage of sales cost and SG&A expenses, as well as decreased interest and dividend income.