Asahi Glass Company, Limited Lowers Consolidated Full-year Forecast for FY 2011

Asahi Glass Company, Limited announced that it has lowered the consolidated full-year forecast for revenue from JPY 1,280,000 million to JPY 1,250,000 million, operating profit from JPY 200,000 million to JPY 170,000 million, ordinary profit from JPY 195,000 million to JPY 165,000 million, net profit from JPY 115,000 million to JPY 90,000 million and earning per share from JPY 98.55 to JPY 77.20 for the fiscal year ending December 31, 2011. The Company lowered the consolidated full-year outlook due to the downturn in economy and the aggravated order environment, as well as impact of the Thailand's floods. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 1,264.58 billion and net profit of JPY 113.87 billion for the fiscal year ending December 31, 2011.