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AGC, Last Fiscal Year's Net Income Exceeds Expectations, 11% Increase in The Current Fiscal Year

Fri Feb 6, 2026 1:00 pm JST Earnings

5201 AGC Inc. 【IFRS】

Earnings Report

AGC Inc. <5201> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 6th (13:00). The consolidated net income/loss for the fiscal year ended December 2025 turned into a profit of 69.1 billion yen (compared to a loss of 94.0 billion yen in the previous period), exceeding the previous forecast of 57.0 billion yen. For the fiscal year ending December 2026, the consolidated net income is expected to is 11.3% to 77.0 billion yen.

In the most recent three-month period, from October to December (4Q), the consolidated net income surged 2.4 times that of the same period last year, reaching 29.6 billion yen. The operating profit margin remained almost flat, changing from 6.0% in the same period last year to 6.0%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 2,019,254 128,779 122,775 65,798 304.7 210 Feb 7, 2024 IFRS
Dec, 2024 2,067,603 125,835 -50,050 -94,042 -443.7 210 Feb 7, 2025 IFRS
Dec, 2025 2,058,832 127,465 124,758 69,162 326.2 210 Feb 6, 2026 IFRS
YoY -0.4% +1.3%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Guidance 2,050,000 120,000 97,000 57,000 268.4 210 Aug 1, 2025 IFRS
Dec, 2025 Results 2,058,832 127,465 124,758 69,162 326.2 210 Feb 6, 2026 IFRS
Revision Rate +0.4% +6.2% +28.6% +21.3% +21.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 995,474 54,022 33,751 13,905 65.6 105 Aug 1, 2025 IFRS
Jan - Jun, 2026 Guidance 1,070,000 60,000 105 Feb 6, 2026 IFRS
YoY +7.5% +11.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 2,067,603 125,835 -50,050 -94,042 -443.7 210 Feb 7, 2025 IFRS
Dec, 2025 2,058,832 127,465 124,758 69,162 326.2 210 Feb 6, 2026 IFRS
Dec, 2026 Guidance 2,200,000 150,000 124,000 77,000 362.6 210 Feb 6, 2026 IFRS
YoY +6.9% +17.7% -0.6% +11.3% +11.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 533,379 31,823 24,344 12,368 58.4 6.0 Feb 7, 2025 IFRS
Jan - Mar, 2025 499,584 25,840 16,957 6,645 31.4 5.2 May 12, 2025 IFRS
Apr - Jun, 2025 495,890 28,182 16,794 7,260 34.3 5.7 Aug 1, 2025 IFRS
Jul - Sep, 2025 516,667 40,816 39,439 25,583 120.7 7.9 Nov 5, 2025 IFRS
Oct - Dec, 2025 546,691 32,627 51,568 29,674 140.0 6.0 Feb 6, 2026 IFRS
YoY +2.5% +2.5% +111.8% +139.9% +139.9%

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