What are Mission Vision & Core Values of AGC Company?

AGC operates in over 30 countries, supported by a workforce of approximately 53,687 employees across 186 companies. This extensive global presence enables AGC to address diverse market needs and deliver its mission on a worldwide scale. This broad reach allows AGC to impact lives in numerous regions.

The Mission Statement emphasizes building 'long-term trusted relationships' with customers. This customer-centric focus is crucial for understanding and meeting evolving needs across various industries. AGC's commitment to building these relationships is a core tenet of its strategy.

AGC's mission is fueled by 'wide-ranging material and production technologies,' focusing on developing 'unique materials and solutions.' This emphasis on innovation is evident in its diverse product portfolio, spanning flat glass, automotive glass, electronics, and chemicals. The company is constantly seeking new advancements.

In the electronics segment, AGC achieved its 2025 target of ¥40 billion in net sales for EUV mask blanks in 2024, one year ahead of schedule. In the automotive sector, AGC showcased over 20 cutting-edge solutions at CES 2024. These examples highlight the practical application of the AGC Company Mission.

AGC Pharma Chemicals, part of the Life Science segment, aims to grow sales from its Life Science business to ¥200 billion or more by 2025, demonstrating a commitment to improving lives through high-quality products. This segment expansion is a clear indication of the company's dedication to its mission.

The ultimate goal of the AGC Company Mission is to deliver societal value through advanced materials and solutions, making people's lives better worldwide. This commitment is reflected in every aspect of AGC's operations, from product development to customer relations. The company strives to make a positive impact.

The AGC Company Vision is decidedly future-oriented, looking beyond current market conditions. It aims to shape the future of mobility, emphasizing safety, comfort, and connectivity. This forward-thinking approach positions AGC at the forefront of industry innovation.

The vision highlights the integration of advanced technologies. This includes enhanced connectivity and sensor integration within automotive glass. AGC is actively developing solutions for autonomous driving and enhanced safety, such as innovative antenna products and LiDAR integration.

AGC's vision is global in scope, targeting leadership in the evolving mobility sector. This ambition is supported by investments in cutting-edge solutions for next-gen mobility, semiconductors, and energy. This is a key aspect of understanding the AGC Company Vision.

The vision balances realism with aspiration, reflecting AGC's current trajectory and market position. Despite challenges in the automotive segment, the company's commitment to strategic adjustments and a projected 4% increase in net sales for 2025 demonstrates its dedication to achieving this vision.

A crucial aspect of the AGC Company Vision is the commitment to a "sustainable future-mobility society." This emphasis suggests a focus on environmentally responsible practices and technologies, aligning with global trends towards sustainability. This is further detailed in the Owners & Shareholders of AGC article.

While the automotive segment faced operating losses in fiscal year 2024, the company is actively making strategic adjustments. The projected 4% increase in net sales for 2025 indicates a strong commitment to the vision. This demonstrates the company's proactive approach to achieving its goals.

AGC's strategic investments in its Life Science business exemplify how its mission to improve lives influences market expansion and acquisition strategies. The company is aggressively expanding its Contract Development and Manufacturing Organization (CDMO) services to support this growth.

This includes a $100 million expansion of its synthetic pharmaceutical CDMO facility in Spain, operational in the first half of 2024, and additional capacity in Japan. The Life Science segment's net sales in FY2024 were ¥141.2 billion, an 11.4% increase from the previous fiscal year, despite an operating loss of ¥21.2 billion due to upfront expansion expenses, indicating a long-term strategic investment.

AGC's core values, particularly "Sustainability for a Blue Planet," directly influence its responses to industry challenges, especially in sustainability. The company's commitment to achieving "carbon net zero" by 2050 and interim targets for emissions reduction underscores this commitment.

This has led to strategic initiatives such as the revamp of their patterned glass production line in the Czech Republic to be 50% electrified by the second half of 2024, a measurable step towards reducing CO2 emissions. This demonstrates how AGC Company Core Values translate into concrete actions.

Yoshinori Hirai, President & CEO of AGC Inc., emphasizes that the mission and vision shape the company's operations, fostering a culture of continuous innovation and societal contribution. His statement, "At the foundation of innovation lies superior materials, which continuously evolve to support and accelerate breakthroughs," encapsulates this philosophy.

AGC's net sales for fiscal year 2024 increased by 2.4% to ¥2,067.6 billion, demonstrating overall business growth driven by strategic adjustments and focus on core and strategic businesses. The company's commitment to its Company Values is evident in its strategic initiatives and overall performance. To understand the origins of these values, consider reading a Brief History of AGC.

The Life Science business segment exemplifies how AGC Company puts its AGC Company Mission into action. This segment, including pharmaceutical and biopharmaceutical CDMO services, directly aligns with the mission of 'making people's lives better around the world' and the value of 'Sustainability for a Blue Planet.'

In Q1 2024, AGC announced the startup of new facilities for highly potent active pharmaceutical ingredients (HPAPI) in Spain. This expansion, with an investment of approximately $100 million, will increase production capacity by 30%, addressing the strong market demand for life-changing therapies.

President & CEO Yoshinori Hirai's emphasis on 'Look Beyond' as the foundation of all AGC Group activities is crucial. This encourages employees to anticipate the future and pursue innovations, fostering the 'Innovation & Operational Excellence' and 'One Team with Diversity' values.

AGC Company communicates its AGC Company Vision and AGC Company Core Values through various channels, including integrated reports, press releases, and participation in global events. For instance, AGC's exhibition at CES 2025, under the theme 'Behind Every Breakthrough,' showcased their materials and solutions for 'Next-Gen Mobility,' 'Next-Gen Semiconductor,' and 'Next-Gen Energy.'

The 'AGC Group Charter of Corporate Behavior' outlines principles for sincere behavior, fair trade, and environmental consideration. The introduction of the first DEI Dashboard by AGC Glass Europe in 2022, tracking progress in gender diversity and representation, showcases a structured approach to fostering 'One Team with Diversity.'

The DEI Dashboard provides measurable data on diversity metrics, ensuring accountability and driving progress. These initiatives are essential to creating an inclusive work environment. This approach underscores the importance of Company Values in fostering a diverse and inclusive workplace.

AGC's commitment to its mission and values impacts employees by fostering a sense of purpose and encouraging innovation. The company culture promotes open communication, challenge-taking, and initiative, which are vital for achieving its goals. Understanding how the Mission Statement is implemented is key.

The alignment of AGC's Core Values of AGC Company with its strategic goals ensures that the company's actions are consistent with its stated principles. This consistency builds trust with stakeholders. To learn more about the company's strategic approach, consider reading about the Marketing Strategy of AGC.