KANSAI PAINT CO.,LTD.
4613・Prime Market・Chemicals
Japan
Core segment of the domestic coatings business, covering the automotive, industrial, decorative, marine, and protective coatings fields
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (full year, FY2026 (ending March 2026)) | ¥159,888 million | ¥163,896 million | ↓ |
| Segment profit (full year, FY2026 (ending March 2026)) | ¥21,968 million | ¥23,919 million | ↓ |
| Segment assets (end of FY2026 (ending March 2026)) | ¥286,076 million | ¥253,880 million | ↑ |
| Depreciation (full year, FY2026 (ending March 2026)) | ¥5,590 million | ¥4,611 million | ↑ |
| Increase in property, plant and equipment and intangible assets (full year, FY2026 (ending March 2026)) | ¥22,520 million | ¥12,755 million | ↑ |
| Operating profit (full year, FY2026 (ending March 2026)) | ¥20,673 million | ¥22,636 million | ↓ |
Business Details
A domestic business segment centered on Kansai Paint Co., Ltd., which manufactures and sells coatings in cooperation with subsidiaries such as Kubota Paint Co., Ltd., Nippon Yuka Kogyo Co., Ltd., and Kanpe Hapio Co., Ltd. Sales are conducted through distributors and sales companies such as Kansai Paint Sales Co., Ltd. The segment covers a wide range of fields including automotive, industrial, decorative, marine, and protective coatings, and operates as a major player in the domestic coatings market.
Recent Overview
Sluggishness in the decorative and marine coatings fields offset improvement in automotive and industrial, resulting in both revenue and profit declining year on year
In FY2026 (ending March 2026), the Japan segment recorded revenue of ¥159,888 million (down 2.4% year on year) and segment profit of ¥21,968 million (down 8.2% year on year). In the automotive field, although production volume was roughly in line with the prior period, revenue increased due to improved selling prices; the industrial field also achieved higher revenue and profit as a result of sales expansion activities. On the other hand, the decorative and protective coatings fields saw lower revenue due to a sluggish market, and the marine field saw lower revenue due to a decline in near-term demand compared with the prior period. Increased fixed costs also weighed on profit. Segment assets increased by ¥32,196 million from the end of the prior period due to expanded capital expenditure and other factors.
Key Products
Growth Drivers
- Continued efforts to improve selling prices in the automotive field
- Boost to revenue and profit from the results of sales expansion activities in the industrial field
- Promotion of cost reduction measures (raw material cost management and production efficiency improvements)
- Medium- to long-term solid trend in the market for ocean-going vessels in the marine field
- Strengthening of profitability and efficiency through structural reforms based on the 18th Medium-Term Management Plan
Risks
- Sluggish demand for automotive coatings due to a decline in domestic vehicle production volume
- Continued sluggish market conditions in the decorative and protective coatings fields
- Risk of rising raw material costs due to sharp fluctuations in crude oil and naphtha prices
- Limited room for growth due to flat trend in domestic coatings demand
- Risk of profit pressure from increased fixed costs (higher personnel expenses and capital expenditure)
Last updated: June 23, 2026