Nippon Paint: Difference between revisions
→External links: Nippon Paint is based in Japan and has over 136 years of experience in the paint industry. The number one paint manufacturer in Asia, and among the leading paint manufacturers in the world. We've been in India for over a decade now. Soruce page: https://www.facebook.com/pg/NipponPaintIndia/about/ |
→History: updated the section with latest information |
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In October 2014 Nippon Paint was reorganized into a holding company and the company adopted its current name.<ref>{{cite web |url=http://www.nipponpaint-holdings.com/en/company/ |title=President's Message |website=Nippon Paint Holdings |accessdate=October 14, 2016}}</ref> |
In October 2014 Nippon Paint was reorganized into a holding company and the company adopted its current name.<ref>{{cite web |url=http://www.nipponpaint-holdings.com/en/company/ |title=President's Message |website=Nippon Paint Holdings |accessdate=October 14, 2016}}</ref> |
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In April 2019, Nippon Paint announced acquisition of DuluxGroup Ltd. to strengthen its foothold in the overseas market.<ref> https://www.reuters.com/article/us-duluxgroup-m-a-nippon-paint-hd/nippon-paint-offers-2-7-billion-bid-for-australias-duluxgroup-target-shares-soar-idUSKCN1RT031</ref> |
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===Nippon Paint (Singapore)=== |
===Nippon Paint (Singapore)=== |
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Revision as of 11:28, 13 September 2019
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Native name | [日本ペイントホールディングス株式会社] Error: {{Lang}}: unrecognized language code: jp (help) |
|---|---|
| Company type | Public KK |
| TYO: 4612 | |
| ISIN | JP3749400002 |
| Industry | Chemicals |
| Founded | March 14, 1881 |
| Founder | Jujiro Moteki |
| Headquarters | , Japan |
Area served | Worldwide |
Key people | Tetsushi Tado (President) Goh Hup Jin (Chairman) |
| Products | |
| Revenue |  JPY 535.74 billion (FY 2015)
(US$ 4.46 billion) (FY 2015) |
| JPY 30 billion (FY 2015)
(US$ 250 million) (FY 2015) | |
Number of employees | 16,498 (as of March 31, 2016) |
| Website | Official website |
| Footnotes / references [1][2][3] | |
Nippon Paint Holdings Co., Ltd. (日本ペイントホールディングス株式会社, Nippon Peinto Hōrudingusu Kabushiki-gaisha) is a Japanese paint and paint products manufacturing company.[4] It is the seventh largest paint manufacturer globally based on revenue.[3]
History
The company, was founded in 1881 by Jujiro Moteki under the name Komyosha. In 1898 the company was incorporated and renamed Nippon Paint Manufacturing, while in 1927 the company's name changed to Nippon Paint.[5]
In 1954, Nippon Paint established a 50/50 joint venture with Bee Chemical. In 2006, it became a wholly owned subsidiary of Nippon Paint.[6][7]
In October 2014 Nippon Paint was reorganized into a holding company and the company adopted its current name.[8]
In April 2019, Nippon Paint announced acquisition of DuluxGroup Ltd. to strengthen its foothold in the overseas market.[9]
Nippon Paint (Singapore)
In 1955, Goh Cheng Liang, set up his first paint shop in Singapore and became the main local distributor of Nippon Paint. In 1962 the company set up a joint venture with Goh Cheng Liang, with a 60-40 holding, the Nipsea Management Group.[10] In 1965, Nippon Paint set up its first paint manufacturing plant in Singapore.[11]
In November 2014, with the exception of Nippon Paint Indonesia, the NIPSEA Group officially became a subsidiary of Nippon Paint Holdings.[12]
Presence
The company and its subsidiaries have a presence in Japan, Singapore, Malaysia, South Korea, China, Hong Kong, Indonesia, Philippines, Taiwan, Thailand, Vietnam, India, Sri Lanka, Pakistan, United Kingdom, Germany, Greece, Norway, Netherlands, Lithuania, Poland, Russia, Slovenia, Spain, Bulgaria, Estonia, Italy, United States, Brazil, Australia, the United Arab Emirate and Bangladesh.
References
- ^ "Corporate Profile". Nippon Paint Holdings. Retrieved October 13, 2016.
- ^ "Company Profile". Nikkei Asian Review. Retrieved October 13, 2016.
- ^ a b "Top Companies Report". Coatings World. Rodman Media. Retrieved October 14, 2016.
- ^ Freed, Jamie (November 9, 2009). "All eyes on Orica's demerger strategy". The Age. Fairfax Media. Retrieved September 27, 2010.
- ^ "History". Nippon Paint Holdings. Retrieved October 14, 2016.
- ^ "Company Snapshot". Bloomberg Businessweek. Retrieved October 14, 2016.
- ^ "Nippon Bee Chemical Co.,Ltd". Nippon Bee Chemical. Retrieved February 6, 2011.
- ^ "President's Message". Nippon Paint Holdings. Retrieved October 14, 2016.
- ^ https://www.reuters.com/article/us-duluxgroup-m-a-nippon-paint-hd/nippon-paint-offers-2-7-billion-bid-for-australias-duluxgroup-target-shares-soar-idUSKCN1RT031
- ^ "Nippon Paint tycoon Goh Cheng Liang overtakes UOB's Wee Cho Yaw as Singapore's richest". The Straits Times. January 19, 2015. Archived from the original on October 14, 2016. Retrieved October 14, 2016.
- ^ Nippon Paint Singapore. "Welcome To Nippon Paint Singapore". Nipponpaint.com.sg. Retrieved September 27, 2010.
- ^ "About NIPSEA Group". NIPSEA Group. Retrieved October 14, 2016.
