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4-Traders Homepage  >  Equities  >  Tokyo  >  Asahi Glass Co Ltd    5201   JP3112000009

ASAHI GLASS CO LTD (5201)
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Asahi Glass : Announcement on Organizational Changes

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11/04/2011 | 07:35am CEST

November 4, 2011

Announcement on Organizational Changes

Asahi Glass Co., Ltd.

AGC (Asahi Glass Co., Ltd.) announces that the following organizational changes will be implemented on January 1, 2012.

1. Purpose

The AGC Group (the Group) has been working to build new foundations for growth toward the Group's long-term growth picture "AGC's Aspirations for 2020," as it formulated the mid-term management plan "Grow Beyond-2012" under its management policy "Grow Beyond."
For the purpose of enhancing and accelerating the implementation of the Group's high-priority issues for building foundations for growth, the Group has decided to expand the operation of the current assignments of executive officers and revise the organization to enhance technology-related functions.

2. Details

(1) The operation of the current assignments of executive officers will be expanded in order for the CEO to flexibly appoint Executive Officers to assist the CEO's direct management in specific issues. Following this expansion, the job titles, CTO and CFO, will no longer be used.
(2) The Group Strategy Office will be dissolved as the Group has moved on to the phase where concrete group-wide strategies are promoted.
(3) Technology General Division will be newly established in order to effectively and efficiently accelerate the Group's comprehensive technology strategy. The Technology General Division supervises the Group's Engineering Center, Research Center, Production Technology Center and Intellectual Property Center. At the same time, Technology Planning Office will be established under the Technology General Division.

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News from SeekingAlpha
2017Asahi Glass Co. Ltd. ADR 2017 Q3 - Results - Earnings Call Slides 
Financials ( JPY)
Sales 2018 1 540 B
EBIT 2018 130 B
Net income 2018 78 800 M
Debt 2018 419 B
Yield 2018 2,41%
P/E ratio 2018 12,74
P/E ratio 2019 12,06
EV / Sales 2018 0,95x
EV / Sales 2019 0,89x
Capitalization 1 039 B
Chart ASAHI GLASS CO LTD
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Asahi Glass Co Ltd Technical Analysis Chart | 5201 | JP3112000009 | 4-Traders
Technical analysis trends ASAHI GLASS CO LTD
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 5 363  JPY
Spread / Average Target 20%
EPS Revisions
Managers
NameTitle
Takuya Shimamura President, CEO & Representative Director
Kazuhiko Ishimura Chairman
Shinji Miyaji Chief Financial Officer & Director
Yoshinori Hirai Director & Chief Technology Officer
Hiroshi Kimura Independent Outside Director
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