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Process Industries

Kansai Paint Co., Ltd.

Business Summary

Kansai Paint Co., Ltd. engages in the manufacture and sale of all types of paints. The company also designs, manufactures and sells coating equipment; control and undertaking of painting works; design of color schemes; and manufacture and sale of products in the biotechnology and electronics fields. Its products include automotive, automotive refinish, decorative, protective and industrial coatings. The company was founded by Katsujiro Iwai on May 15, 1918 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue364,620M3,437.94M
Gross Profit113,533M1,070.48M
Operating income30,821M290.60M
Income before tax40,826M384.94M
Net income20,027M188.83M
EBITDA48,641M458.62M
Diluted EPS72.470.68
Dividends Per Share300.28
Total Assets606,580M5,489.41M
Total liabilities267,716M2,422.76M
Total equity286,800M2,595.47M
Operating cash flow42,647M402.11M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 330,235M 401,977M 427,425M 406,886M 364,620M
Gross Profit 106,981M 125,549M 126,429M 122,302M 113,533M
Operating income 35,311M 33,486M 31,483M 31,511M 30,821M
Income before tax 40,467M 34,258M 33,666M 34,490M 40,826M
Net income 24,169M 17,702M 17,405M 18,477M 20,027M
EBITDA 46,964M 50,349M 50,180M 50,660M 48,641M
Diluted EPS 83.46 59.29 58.27 65.71 72.47
Dividends Per Share 22 27 30 30 30
Total Assets 542,163M 601,330M 584,135M 544,123M 606,580M
Total liabilities 245,994M 278,900M 263,471M 223,423M 267,716M
Total equity 253,348M 276,329M 270,017M 268,878M 286,800M
Operating cash flow 29,146M 33,509M 35,632M 40,324M 42,647M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 3,049.61M 3,626.89M 3,854.33M 3,742.31M 3,437.94M
Gross Profit 987.93M 1,132.78M 1,140.08M 1,124.86M 1,070.48M
Operating income 326.08M 302.13M 283.90M 289.82M 290.60M
Income before tax 373.69M 309.09M 303.58M 317.22M 384.94M
Net income 223.19M 159.71M 156.95M 169.94M 188.83M
EBITDA 433.69M 454.28M 452.50M 465.94M 458.62M
Diluted EPS 0.77 0.53 0.52 0.60 0.68
Dividends Per Share 0.20 0.24 0.27 0.27 0.28
Total Assets 4,865.50M 5,654.25M 5,277.45M 5,040.27M 5,489.41M
Total liabilities 2,207.61M 2,622.47M 2,380.36M 2,069.59M 2,422.76M
Total equity 2,273.60M 2,598.29M 2,439.50M 2,490.64M 2,595.47M
Operating cash flow 269.15M 302.33M 321.31M 370.87M 402.11M

Valuation Measures

Mar 2021
PER37.92
ROA3.48%
ROE7.20%
Operating margin8.45%
Profit margin5.49%

Key executives

  • President & Representative Director: Kunishi Mouri
  • Representative Director & Head-Technology: Hidenori Furukawa
  • Managing Executive Officer, GM-R&D: Akihiko Yamauchi
  • Director, GM-Administration & Manager-Personnel: Kazuhiro Yoshida
  • Director & Managing Executive Officer: Jun Senoo

Shareholders

  • Kansai Paint Co., Ltd. (5.2%)
  • Massachusetts Financial Services Co. (4.7%)
  • Nippon Life Insurance Co. (Investment Portfolio) (4.5%)
  • Nippon Life Insurance Co. (4.5%)
  • Dai-ichi Life Holdings, Inc. (4.5%)
  • Mitsubishi UFJ Financial Group, Inc. (4.1%)
  • Toyota Motor Corp. (3.0%)
  • T&D Holdings, Inc. (2.7%)
  • Nomura Asset Management Co., Ltd. (2.6%)
  • Kansai Paint Employee Stock Ownership Plan (2.1%)

Contact Details

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  • ICI Paints Singapore Pte Ltd.
  • Thai Kansai Paint Co. Ltd.
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  • Kansai Paint Sales Co., Ltd.
  • Miyoshi Kasei Industry Co., Ltd.
  • Kampe Jidosha Toryo Hambai KK
  • PT Kansai Paint Indonesia

Competitors

  • PPG Industries, Inc.
  • BASF SE
  • Akzo Nobel N.V.
  • Sniezka S.A.
  • Sherwin-Williams Company
  • Asian Paints Ltd.
  • Polisan Holding AS
Last Updated on 16 May, 2022

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