NIPPON PAINT HOLDINGS CO., LTD.
4612・Prime Market・Chemicals
Japan
Core segment of domestic coatings business. Operates Automotive Coatings, Industrial Coatings, and General Industrial Coatings.
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (external customers) | ¥52,443 million (Q1 FY2026, ending March 2026) | ¥48,368 million (Q1 FY2025, ending March 2025) | ↑ |
| Revenue (total segment) | ¥56,918 million (Q1 FY2026, ending March 2026) | ¥53,447 million (Q1 FY2025, ending March 2025) | ↑ |
| Operating profit (segment profit) | ¥6,044 million (Q1 FY2026, ending March 2026) | ¥4,421 million (Q1 FY2025, ending March 2025) | ↑ |
| Revenue (external customers, full-year reference) | － | ¥205,360 million (full year FY2025, ending March 2025) | — |
| Operating profit (full-year reference) | － | ¥28,125 million (full year FY2025, ending March 2025) | — |
Business Details
The Japan segment operates coatings and coating businesses domestically, including Automotive Coatings, General Industrial Coatings, Industrial Coatings, and Fine Chemicals. The overseas Marine Coatings business is also included in this segment. With a broad customer base ranging from automakers to construction and structural applications, the segment is working to improve profitability through the penetration of product price increases and expanded sales of highly durable products.
Recent Overview
Q1 revenue up 8.4% and operating profit up 36.7%, a substantial profit increase. Price increase penetration and demand capture in General Industrial Coatings contributed.
In the first quarter of FY2026 (ending March 2026) (January–March 2026), the Japan segment achieved revenue of ¥52,443 million (up 8.4% year on year) and operating profit of ¥6,044 million (up 36.7% year on year). Automotive Coatings fell below the same period of the prior year due to a decrease in production volume at major customers, but Industrial Coatings and General Industrial Coatings both exceeded the same period of the prior year—the former due to the penetration of product price increases, and the latter due to expanded sales of highly durable products for construction and structures and the capture of demand arising from tight raw material supply.
Key Products
Growth Drivers
- Profitability improvement through the penetration of product price increases in Industrial Coatings
- Expanded sales of highly durable products for construction and structural applications
- Capture of General Industrial Coatings demand amid tight raw material supply
- Promotion of expanded sales of high-value-added products
- Room for increased Automotive Coatings revenue as automobile production volume recovers
Risks
- Risk of decreased Automotive Coatings revenue due to lower production volume at the Company's major customers
- Continued sluggish conditions in the Industrial Coatings market
- Impact on General Industrial Coatings from continued weak renovation demand amid rising prices
- Risk of fluctuation in domestic automobile production volume
- Risk of renewed increases in raw material prices
Last updated: March 26, 2026