Dai Nippon Toryo Company, Limited (TSE:4611) entered into a share transfer agreement to acquire remaining 90% stake in Agc Coat-Tech Co., Ltd. from AGC Inc. (TSE:5201) on August 29, 2025. As part of consideration, an undisclosed value is paid towards common equity of Agc Coat-Tech Co., Ltd. Upon completion, Dai Nippon Toryo Company, Limited will own 100% stake in Agc Coat-Tech Co., Ltd.
The transaction is expected to be completed in late December 2025.
Dai Nippon Toryo Co Ltd is a Japan-based company mainly engaged in the manufacture of paint, fluorescent color materials and lighting equipment. The Company operates in four business segments. The Domestic Paint segment is involved in the purchase, manufacture, sale and toning processing of paint in domestic market. The Overseas Paint segment involves in the manufacture, sale and purchase of paint in overseas market. The Lighting Equipment segment involves in the manufacture and sale of various lighting equipment and the construction of stores. The Fluorescent Color Material segment involves in the manufacture and sale of fluorescent pigments and coating materials. The Company is also involved in the painting works, the provision of logistics services, as well as the manufacture and sale of building materials
