ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Process Industries

Nippon Paint Holdings Co., Ltd.

Business Summary

Nippon Paint Holdings Co., Ltd. engages in the management and strategies of its group companies that is involved in the manufacture and sale of paints and fine chemicals. It offers automotive and industrial-use coatings and trade-use paints. It also provides surface treatments and fine chemical products. It operates through the following geographical segments: Japan, Asia, Americas, and Other. The company was founded by Jujiro Moteki on March 14, 1881 and is headquartered in Osaka, Japan.

Financial Highlights

Dec 2021 JPYUSD
Revenue998,276M9,085.70M
Gross Profit378,323M3,443.26M
Operating income84,386M768.03M
Income before tax84,281M767.07M
Net income66,679M606.87M
EBITDA118,275M1,076.46M
Diluted EPS29.060.26
Dividends Per Share100.09
Total Assets1,955.08B16,977.83M
Total liabilities986,384M8,565.70M
Total equity959,518M8,332.40M
Operating cash flow67,428M613.68M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 610,178M 627,670M 692,009M 772,560M 998,276M
Gross Profit 246,188M 242,164M 275,650M 321,224M 378,323M
Operating income 87,772M 78,022M 87,196M 85,756M 84,386M
Income before tax 87,790M 89,075M 79,518M 87,794M 84,281M
Net income 49,313M 45,351M 36,717M 45,874M 66,679M
EBITDA 105,666M 96,412M 112,965M 115,202M 118,275M
Diluted EPS 30.74 28.27 22.89 27.37 29.06
Dividends Per Share 8.40 9 9 9 10
Total Assets 926,098M 953,988M 1,478.64B 1,614.58B 1,955.08B
Total liabilities 289,155M 306,367M 790,664M 915,575M 986,384M
Total equity 511,392M 520,047M 552,922M 567,594M 959,518M
Operating cash flow 76,530M 61,533M 92,076M 87,633M 67,428M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 5,441.52M 5,683.21M 6,348.07M 7,235.84M 9,085.70M
Gross Profit 2,195.48M 2,192.66M 2,528.64M 3,008.60M 3,443.26M
Operating income 782.74M 706.44M 799.88M 803.19M 768.03M
Income before tax 782.90M 806.52M 729.45M 822.28M 767.07M
Net income 439.76M 410.62M 336.81M 429.65M 606.87M
EBITDA 942.32M 872.95M 1,036.27M 1,078.98M 1,076.46M
Diluted EPS 0.27 0.25 0.21 0.25 0.26
Dividends Per Share 0.07 0.08 0.08 0.08 0.09
Total Assets 8,221.02M 8,695.14M 13,606.12M 15,638.33M 16,977.83M
Total liabilities 2,566.84M 2,792.38M 7,275.49M 8,867.98M 8,565.70M
Total equity 4,539.65M 4,739.98M 5,087.84M 5,497.54M 8,332.40M
Operating cash flow 682.48M 557.14M 844.65M 820.77M 613.68M

Valuation Measures

Dec 2021
PER43.14
ROA3.73%
ROE8.73%
Operating margin8.45%
Profit margin6.67%

Key executives

  • Chairman, President & Chief Executive Officer: Masaaki Tanaka
  • Co-President: Siew Kim Wee
  • CFO & Senior Managing Executive Officer: Yuichiro Wakatsuki
  • Chief Administration Officer & Head-Personnel: Yasuyuki Matsumoto
  • Chief Legal Affairs Officer & Executive Officer: Yuri Inoue

Shareholders

  • Wuthelam Holdings Ltd. (54.5%)
  • GOH HUP JIN (3.5%)
  • Nippon Life Insurance Co. (2.2%)
  • Sumitomo Life Insurance Co. (2.2%)
  • Toyota Motor Corp. Pension Fund (1.0%)
  • The Vanguard Group, Inc. (1.0%)
  • Nomura Asset Management Co., Ltd. (1.0%)
  • Nippon Paint Holdings Co., Ltd. (0.9%)
  • Sumitomo Mitsui Trust Holdings, Inc. (0.7%)
  • BlackRock Fund Advisors (0.6%)

Contact Details

Related Companies

  • Changchun NBC Co. Ltd.
  • Guangzhou NBC Co. Ltd.
  • Nippon Paint Automotive France SAS
  • Nippon Paint Marine Coatings Co., Ltd.
  • Nippon Paint Holdings Restricted Stock Compensation Plan
  • Neave Ltd.
  • Nippon Paint China Holdings Co. Ltd.
  • Nipsea Chemical (Shanghai) Co. Ltd.
  • PT Nipsea Bee Chemical Indonesia
  • Nippon Paint Vinh Phuc Co. Ltd.
  • Wuhan NBC Co. Ltd.
  • Nippon Paint (Shenyang) Co. Ltd.
  • Nippon Paint (Hebei) Co. Ltd.
  • Nippon Paint (Chongqing) Chemicals Co. Ltd.
  • Nippon Paint (Changzhou) Co. Ltd.
  • Nippon Bee do Brasil Tintas Especiais Ltda.
  • Nanjing NBC Co. Ltd.
  • Foshan Nippon Paint Shenglianda Co. Ltd.
  • Nippon Paint (Bangladesh) Pvt Ltd.
  • Nippon Paint (Shanghai) Chemical Co. Ltd.
  • NBC (Panyu Nansha) Chemical Co. Ltd.
  • Tung Yang Chemical Co. Ltd.
  • Tianjin NBC Co. Ltd.
  • Nippon Bee Chemical Mexico SA de CV
  • Nippon Paint (Tianjin) Co. Ltd.
  • Nippon Paint (Pakistan) (Pvt) Ltd.
  • Nippon Paint Vietnam (Hanoi) Co. Ltd.
  • Nippon Fine Coatings, Inc.
  • Nippon Paint Chengdu Co., Ltd.
  • Betek Boya ve Kimya Sanayi AS

Competitors

  • Sherwin-Williams Company
  • BASF SE
  • Asian Paints Ltd.
  • TOA Paint (Thailand) Public Company Limited
  • PPG Industries, Inc.
  • Akzo Nobel N.V.
  • Asia Cuanon Technology (Shanghai) Co Ltd Class A
  • Polisan Holding AS
  • Donglai Coating Technology (Shanghai) Co. Ltd. Class A
Last Updated on 25 May, 2022

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more