AGC is to raise the sales price of its architectural glass-related products in Japan to reflect significantly increased production costs. The price increases are roughly 15% for flat glass products, 15% for mirror products and 10% for architectural applications.

According to a group statement, production costs have risen significantly in Japan due to the increased cost of raw materials, sub-materials labour and logistics, resulting in a persistent decline in profitability. Despite implementing a series of cost containment measures, including improving productivity and streamlining the organisation, it has been concluded that to absorb all cost increases through corporate efforts alone is impractical.