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AGC Inc. rises for third day as company raises prices for domestic architectural glass products from July 21 delivery

Tue Jun 2, 2026 12:36 pm JST Catalyst

Shares of AGC Inc. <5201> extended their winning streak to a third consecutive session on Tuesday, scaling a fresh year-to-date high. The rally follows the company's announcement on Monday, June 1, that it will implement price hikes on domestic architectural glass products for shipments starting July 21, a move welcomed by the market as a positive catalyst.

The upward adjustments will include price increases of approximately 20% for float and figured glass, roughly 15% for wired figured and wired polished plate glass, around 20% for mirrors, and 10% to 15% for processed architectural glass, with select products seeing even steeper hikes. AGC cited an increasingly grueling operating environment driven by surging raw material, auxiliary material, and logistics overheads. These cost pressures stem from Middle East geopolitical tensions rattling energy markets and global supply chains, further compounded by the historic depreciation of the yen. The glass manufacturer determined that fully absorbing these escalating costs solely through internal operational efficiencies has become unsustainable.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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