DIC Corporation

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DIC Corporation
DIC株式会社
Type Public KK
Traded as TYO: 4631
Industry Chemicals
Founded Tokyo, Japan February 1908 (1908-02)
Founder(s) Kijuro Kawamura
Headquarters Waterras Tower, 101, Kanda Awajicho 2-chome, Chiyoda-ku, Tokyo 101-0063, Japan
Key people
Products
Revenue

Decrease $ 7.487 billion USD (FY 2012)

(¥ 703.8 billion JPY) (FY 2012)
Net income

Increase $ 202.809 million USD (FY 2012)

(¥ 19.1 billion JPY) (FY 2012)
Employees 20,034 (consolidated) (as of December 31, 2013)
Website Official website
References: [1][2][3]

DIC Corporation (DIC株式会社 DIC Kabushiki-gaisha?) is Japanese chemical company, specializing in the development, manufacture and sale of inks, pigments, polymers, specialty plastics and compounds and biochemicals.[4]

It was founded in 1908 as Kawamura Ink Manufactory, renamed to Kawamura Kijuro Shoten in 1915 and to Dainippon Ink and Chemicals (DIC) in 1962 before the name was changed to the present name DIC Corporation in 2008 on the occasion of its 100th anniversary.[5] The company slogan "Color & Comfort By Chemistry" emphasizes that DIC products should deliver color and comfort to daily life.

The company operates worldwide (through 176 subsidiary and affiliate companies in 62 countries) and includes the Sun Chemical corporation, based in the Americas and Europe.[1]

DIC in Japan has 10 plants in Japan, located in Tokyo, Chiba, Hokuriku, Sakai, Kashima, Yokkaichi, Shiga, Komaki, Saitama, and Tatebayashi. The main research laboratory in Japan is located in Sakura, Chiba cooperating with DIC development centers in China (Qingdao DIC Finechemicals Co., Ltd., Qingdao, China) and the Sun Chemical Group's research laboratories (in USA, Germany and UK).[6]

The company is listed on the Tokyo Stock Exchange.

History[edit]

  • 1908 Founded as Kawamura Ink Manufactory
  • 1937 Incorporated Dainippon Printing Ink Manufacturing
  • 1950 Listed on the Tokyo Stock Exchange
  • 1962 Merged with Japan Reichhold, changed Company name to Dainippon Ink and Chemicals
  • 1986 Acquired Sun Chemical’s Graphic Art Material Dept.
  • 1987 Acquired Reichhold Chemicals, Inc.
  • 1999 Acquired Totalfina S.A.’s Printing Ink Dept. (Coates)
  • 2005 Sold Reichhold
  • 2008 Changed Company name to DIC Corporation
  • 2009 Established DIC Graphics, joint venture with Dai Nippon Printing (DNP) integrating DIC's domestic printing ink business and DNP's printing ink business

Business and Products[edit]

DIC is divided in 4 business units: Printing Inks, Fine Chemicals, Polymers and Application Materials.

DIC Color System Guide[edit]

The DIC Color System Guide is a spot color system, based on Munsell color theory.[11] It is common in Japan, and comparable in role to the Pantone systems – the other common system in Japan is by Toyo Ink.

Cultural Activities[edit]

  • DIC owns 47.7% of the sports club chain "Renaissance".[12]
  • In 1990, the company established the Kawamura Memorial DIC Museum of Art to exhibit artwork collected by the company and its affiliates. The museum is located in a 30 hectare park near to its Central Research Laboratories.
DIC Corporation locations
DIC headquarters building in Tokyo 
DIC Central Research Laboratories in Sakura 
Kawamura Memorial DIC Museum of Art also in Sakura 

References[edit]

  1. ^ a b "Corporate Data". Retrieved March 26, 2014. 
  2. ^ "Income Statements". Retrieved March 26, 2014. 
  3. ^ "Annual Report 2013". Retrieved March 26, 2014. 
  4. ^ "Company Profile". Reuters. Retrieved March 26, 2014. 
  5. ^ "History of the DIC Corporation". Retrieved 2014-02-16. 
  6. ^ "Research and Development of the DIC Corporation". Retrieved 2014-02-16. 
  7. ^ "Printing Inks Division". Retrieved 2014-02-18. 
  8. ^ "Fine Chemicals Division". Retrieved 2014-02-18. 
  9. ^ "Polymers Division". Retrieved 2014-02-18. 
  10. ^ "Application Materials Division". Retrieved 2014-02-18. 
  11. ^ The Informed Illustrator: Digital Spot Color Systems
  12. ^ "Renaissance Company Information". Retrieved 2014-02-19. 

External links[edit]