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

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Nippon Paint Holdings Co., Ltd.    4612   JP3749400002

NIPPON PAINT HOLDINGS CO., LTD.

(4612)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Nippon Paint : Singapore's Wuthelam to take control of Nippon Paint for 1 tril. yen

08/21/2020 | 04:08am EST

Wuthelam Holdings Group will take a majority stake in Nippon Paint Holdings Co., the Japanese company said Friday in an over 1 trillion yen ($9.5 billion) deal, as they seek to meet demand in growing Asian markets.

Wuthelam, already Nippon Paint's top shareholder, will have 55.1 percent of the Japanese firm's voting rights, up from the current 39.5 percent. The purchase of additional shares via a third-party share allotment is expected to be completed on Jan. 1 next year.

Nippon Paint, headquartered in Osaka Prefecture, has strength in paints for industrial and auto use. It has been working with Wuthelam since the 1960s in Asian markets.

Nippon Paint is expected to use the money raised to boost its presence in Asian countries.

The company reported a 36.72 billion yen net profit in 2019 on sales of 692 billion yen.

==Kyodo

© Kyodo News International, Inc., source Newswire

All news about NIPPON PAINT HOLDINGS CO., LTD.
11/10NIPPON PAINT HOLDINGS CO., LTD. : quaterly earnings release
10/15Opportunity in Global Automotive Paint Market to Rise at 2.88% CAGR from 2020..
AQ
08/21UPDATE2 : Singapore's Wuthelam to take control of Nippon Paint for $12 bil.
AQ
08/21UPDATE1 : Singapore's Wuthelam to take control of Nippon Paint for $12 bil.
AQ
08/21Nippon Paint in $12 billion deal to buy Wuthelam assets; Wuthelam stake hits ..
RE
08/21NIPPON PAINT : Singapore's Wuthelam to take control of Nippon Paint for 1 tril. ..
AQ
08/21Nippon Paint in $12 billion deal to buy Wuthelam assets; Wuthelam stake hits ..
RE
08/21Nippon Paint in $12 billion deal to buy Wuthelam assets; Wuthelam stake hits ..
RE
08/21NIPPON PAINT : Singapore's Wuthelam Group ups Nippon Paint stake in 1.19 trln ye..
RE
08/14GLOBAL MARKETS LIVE: Daimler, Apple, CureVac…
More news
Financials
Sales 2020 742 B 7 122 M 7 122 M
Net income 2020 41 899 M 402 M 402 M
Net Debt 2020 297 B 2 846 M 2 846 M
P/E ratio 2020 103x
Yield 2020 0,33%
Capitalization 4 331 B 41 639 M 41 558 M
EV / Sales 2020 6,23x
EV / Sales 2021 5,55x
Nbr of Employees 25 970
Free-Float 52,8%
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
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 7
Average target price 7 821,43 JPY
Last Close Price 13 500,00 JPY
Spread / Highest target -11,1%
Spread / Average Target -42,1%
Spread / Lowest Target -66,7%
EPS Revisions
Managers
NameTitle
Masaaki Tanaka Chairman, President & Chief Executive Officer
Yuichiro Wakatsuki CFO & Senior Managing Executive Officer
Yasuyuki Matsumoto Chief Administration Officer & Head-Personnel
Manabu Minami Director
Goh Hup Jin Director