NIPPON PAINT HOLDINGS CO., LTD.

4612・Prime Market・Chemicals

Official website

NIPPON PAINT HOLDINGS CO., LTD.

4612・Prime Market・Chemicals

Official website

NIPPON PAINT HOLDINGS CO., LTD.4612

Reference Indicators

Market Cap

26,372¥100M

P/E (Forecast)

13.0x

P/B

1.4x

Dividend Yield (Forecast)

1.53%

ROE

10.0%

EV/EBITDA

7.1x

Financial Summary

Unit: ¥M

Item	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net Sales	998,276	1,309,021	1,442,574	1,638,720	1,774,231
Cost of Sales	619,953	821,487	866,449	981,275	1,023,995
Gross Profit	378,323	487,534	576,124	657,444	750,235
SG&A Expenses	294,322	383,367	420,247	481,358	502,558
Operating Income	87,615	111,882	168,745	187,647	257,104
Pre-tax Income	86,467	104,495	161,500	181,522	250,565
Income Taxes	19,245	25,042	42,502	52,848	69,390
Net Income	67,569	79,418	118,476	127,337	179,800
EBITDA	121,504	158,998	221,020	251,340	327,167
Gross Margin	37.9%	37.2%	39.9%	40.1%	42.3%
Operating Margin	8.8%	8.5%	11.7%	11.5%	14.5%
ROA	3.5%	3.3%	4.4%	4.1%	4.5%
ROE	7.0%	6.9%	8.7%	8.0%	10.0%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
日本	205,360	28,125	13.7%
NIPSEA	887,462	144,021	16.2%
Dulux Group	405,173	34,943	8.6%
AOC	157,282	48,585	30.9%
米州	118,952	6,393	5.4%