AGC, NSG Release Consolidated Financial Results
August 4, 2011

AGC Group, Japan, and NSG, Japan, both posted their consolidated financial results for the second quarter of fiscal year 2011.

AGC’s net sales saw a 6.6 percent decrease from the corresponding period of the previous year. Operating income decreased by 26 percent year-on-year, and ordinary income decreased by 20.3 percent. Net income saw a 46.5 percent decrease on a year-on-year basis. Shipments for architectural glass increased from the previous quarter. In North America, demand remained sluggish. Shipment for solar glass increased from the previous quarter.

Click here to read the full report.

NSG’s financial results were lower than anticipated, as well, given the Japan earthquake impact. Specialty glass markets showed a strong underlying performance despite the quake. Click here for the full report.

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