Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Nippon Paint Holdings Co., Ltd.
  6. News
  7. Summary
    4612   JP3749400002

NIPPON PAINT HOLDINGS CO., LTD.

(4612)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

140th Anniversary Vol.2: Renaming the Company Nippon Paint Co., Ltd. and Technological Progress (Great Transition Stages (1926-1945))

06/02/2021 EDT
Company Information/Management2021.06.02 140th Anniversary Vol.2: Renaming the Company Nippon Paint Co., Ltd. and Technological Progress (Great Transition Stages (1926-1945))
#Company Information・Management#Careers#140th Anniversary

SHARE

Expanded the Osaka Plant to the largest paint plant in the Orient and renamed the company Nippon Paint Co., Ltd.

In November 1927, the company was renamed Nippon Paint Co., Ltd., and in June of the year, a British-style steel-framed concrete building with an area of 1,680 m2 was built in the premise of the Osaka Plant as the largest-scale paint plant in the Orient to enhance production capacity.

During the Great Depression, which was triggered by the collapse of the New York stock market in 1929, an aggressive paint promotion campaign was carried out on a nationwide scale to survive the recession, and in November 1931, the head office was moved to Osaka.

The Osaka Plant right after the large-scale expansion and renovation (June 1927) The plant, which was built with reference to a British-style plant and boasted a steel-framed concrete structure, partly two-story, and an area of 1,680 m2, became the largest-scale paint plant in the Orient.
Announcement of renaming the company 'Nippon Paint Co., Ltd.' (published in the commercial bulletin 'Paint' No. 33 in November 1927)
Development of synthetic resin paint―sprouting of a new technology that continues to this day

In the Showa era (after 1926), our technological development made great progress. In 1927, we released the unprecedentedly beautiful silver paint containing aluminum powder 'Silver Coat,' and we also developed the pyroxylin lacquer*1 'Nihon Lacquer,' which was adopted for automobile painting.

In 1929, we developed 'Koken,' a phenolic resin paint that pioneered today's synthetic resin paints, in collaboration with the Osaka Municipal Technical Research Institute. The results of this research on synthetic resin paint were presented at a conference of the Japan Academic Association and highly acclaimed by various fields of industries. 'Koken' was used for various applications, such as trains, furniture, utensils and electrical insulation, and became a symbolic product in the paint industry at that time

Following the launch of 'Koken,' new synthetic resin paints were released one after another―the phthalate resin paint 'Bodelac' in 1931 and the urea formalin synthetic resin paint 'Tomei' in 1933. 'Tomei,' developed as a transparent paint for Japanese architectural materials such as Shiraki (plain wood), was often used for the architecture and furniture of the time as well as the cabins of steamships and passenger cars. 'Bodelac,' developed as a paint suitable for exterior panels of railway vehicles, was recognized as a standard paint in the industry for the next 50 years.

The early Showa era was the time when the development of synthetic resin paints represented by 'Koken' created a new era in the paint industry, and the technology continues even today. However, the Pacific War ended on August 15, 1945, and we lost all seven plants and five overseas bases.

Automobile painting experiment using pyroxylin lacquer*1 'Nihon lacquer' around 1926
The coal acid resin (phenol resin) paint 'Koken' (released in October 1929) The product was used for various applications, such as trains, furniture, utensils and electrical insulation, marking the beginning of the era of synthetic resin paint. 'Koken,' a product developed through joint research between the Osaka Municipal Technical Research Institute and us, was named after the two Kanji letters 'Ko' and 'Ken' in the Japanese name of the institute 'Osaka-Shi Kogyo Kenkyusho.'
Product catalog of the phthalate resin paint ' Bodelac ' (released in 1931)

*1: Pyroxylin lacquer: A paint produced by dissolving nitrocellulose and resins in a volatile solvent

Related Links

Disclaimer

Nippon Paint Holdings Co. Ltd. published this content on 02 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 08:53:02 UTC.


ę Publicnow 2021
All news about NIPPON PAINT HOLDINGS CO., LTD.
07/30NIPPON PAINT : Notice of Personnel and Organizational Changes
PU
07/28NIPPON PAINT : Notice regarding Japan-U.S. Bilateral Consultations Agreement Inv..
PU
07/19“CONFERENCE CALL FOR FY2021 2Q : 30-18:30 (JST), will be streamed live on ..
PU
07/15NIPPON PAINT : Five PROTECTON Brand Products Proven Effective in Suppressing the..
PU
07/12NIPPON PAINT : Selected as a Constituent of the MSCI Japan Empowering Women Inde..
PU
07/12NIPPON PAINT : Notice Regarding Compliance with the Listing Maintenance Standard..
PU
07/11NIPPON PAINT : Releases PROTECTON BARRIERX™ SPRAY ~Providing three-..
PU
07/08NIPPON PAINT : Notice of Personnel Change
PU
07/05Nomura Starts Nippon Paint Holdings at Neutral With 1,450 Yen Price Target
MT
06/30NIPPON PAINT GROUP TO LAUNCH FILM BU : Facing Toward the next Generation Automot..
PU
More news
Financials
Sales 2021 983 B 8 951 M 8 951 M
Net income 2021 83 788 M 763 M 763 M
Net Debt 2021 275 B 2 506 M 2 506 M
P/E ratio 2021 38,4x
Yield 2021 0,80%
Capitalization 3 245 B 29 568 M 29 561 M
EV / Sales 2021 3,58x
EV / Sales 2022 3,30x
Nbr of Employees 27 318
Free-Float 42,5%
Chart NIPPON PAINT HOLDINGS CO., LTD.
Duration : Period :
Nippon Paint Holdings Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NIPPON PAINT HOLDINGS CO., LTD.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 8
Last Close Price 1 382,00 JPY
Average target price 1 563,75 JPY
Spread / Average Target 13,2%
EPS Revisions
Managers and Directors
Masaaki Tanaka Chairman, President & Chief Executive Officer
Siew Kim Wee Co-President
Yuichiro Wakatsuki CFO & Senior Managing Executive Officer
Yasuyuki Matsumoto Chief Administration Officer & Head-Personnel
Hisashi Hara Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
NIPPON PAINT HOLDINGS CO., LTD.-39.01%29 575
THE SHERWIN-WILLIAMS COMPANY20.82%77 570
ASIAN PAINTS LIMITED9.19%39 021
PPG INDUSTRIES, INC.13.58%38 881
AKZO NOBEL N.V.18.37%22 434
BERGER PAINTS INDIA LIMITED10.40%11 020