Nippon Paint
Mr. Wee Siew Kim (Representative Exec. Officer, Co-Pres & Director)
Yuko Demoto (Corp. Officer and GM of Fin. & Accounting)
Summary
Nippon Paint Holdings Co., Ltd. engages in the paint and fine chemicals businesses. The company offers automotive coatings, including paints for use in bumpers and plastic components; trade-use paints for homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior building materials, office equipment, and household electrical appliances. It also provides marine coatings, such as antifouling paints for fuel-saving; and paints for automobiles refinish, DIY, and road surface markings. In addition, the company offers surface treatment products comprising hydrophilic surface treatment and eco-friendly surface treatment agents; and fine products that include functional interlayer coatings, as well as coatings for display films. It has operations in Japan, Asia, the Americas, Oceania, and internationally. The company was formerly known as Nippon Paint Co., Ltd. and changed its name to Nippon Paint Holdings Co., Ltd. in October 2014. Nippon Paint Holdings Co., Ltd. was founded in 1881 and is headquartered in Osaka, Japan.
History
The company, was founded in 1881 by Jujiro Motegi under the name Komyosha. In 1898 the company was incorporated and renamed Nippon Paint Manufacturing, while in 1927 the company's name changed to Nippon Paint.In 1954, Nippon Paint established a 50/50 joint venture with Bee Chemical. In 2006, it became a wholly owned subsidiary of Nippon Paint.In October 2014 Nippon Paint was reorganized into a holding company and the company adopted its current name.In August 2020, the Singaporean paints and coatings manufacturer Wuthelam Group raised its stake in Nippon Paint from 39% to 58,7 % in exchange for its stake in the joint venture in Singapore.
In 1955, Goh Cheng Liang set up his first paint shop in Singapore and became the main local distributor of Nippon Paint. In 1962 the company set up a joint venture with Goh Cheng Liang, with a 60-40 holding, the Nipsea Management Group. In 1965, Nippon Paint set up its first paint manufacturing plant in Singapore.In November 2014, with the exception of Nippon Paint Indonesia, the NIPSEA Group officially became a subsidiary of Nippon Paint Holdings.
Nippon Paint is a Japan-based company that has been in India for over a decade now. They have also been the one of the sponsors of Chennai Super Kings and Royal Challengers Bangalore in Indian Premier League.
In 2016 Nippon Paint entered into a merger agreement with Dunn-Edwards Corporation, one of the United States’ largest
were not disclosed but the transaction was finalized in early March 2017 after which Dunn-Edwards will become a
wholly owned subsidiary of Nippon Paint Inc. Dunn-Edwards is based in California and has more
than 130 company-owned stores and over 80 authorized dealers mainly in the southwest United States.
Mission
We provide color, comfort and peace of mind by enhancing the power of paint and coating technology .
Vision
We will continue to create new value through paint-based, specialty chemical products and services in a lively climate where people with enthusiasm and readiness gather , and win a leading position.
Key Team
Yukiko Mochida (Mang. of Investor Relations Office)
Ms. Yuri Inoue (Managing Exec. Officer & Gen. Counsel)
Mr. Eric Chung (Chief Exec. Officer of Nippon Paint China)
Mr. Patrick William Houlihan B.Sc., BSc (Hons), M.B.A., MBA (Chairman & CEO of DuluxGroup)
Mr. Shinji Takedagawa (Representative Director & Pres of Nippon Paint Automotive Coatings Co., Ltd.)
Ryosuke Tanaka (Exec. Officer)
References
Mr. Wee Siew Kim (Representative Exec. Officer, Co-Pres & Director)
Yuko Demoto (Corp. Officer and GM of Fin. & Accounting)
