Kansai Paint Co Ltd - Company Profile
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Business Description
Kansai Paint Co Ltd (Kansai) manufactures and sells paints, automotive refinish coatings, decorative coatings, protective coatings, and marine coatings. The company also designs and sells various kinds of coating equipment. It caters to a diverse clientele including homeowners, automobile manufacturers, construction companies, and others. The company operates through five main business segments: Industrial; Architectural; Automotive; Automobiles (Repair), Ships, Anticorrosion Paints and Others. Kansai operates its business in various geographical locations around the world including Asia, Europe, Africa and North America. In FY2023, the company incurred a capital expenditure of JPY11,112 million which declined 29.8% YoY.
R&D Overview
The company operates two research institutes and one research center. Its research and development activities include development of coatings, system and process research, color design research, paint and coating development and new business research. The company’s basic research aims to accumulate fundamental technologies which are utilized in paints. It is also developing various digital tools which are capable of color matching based on machine learning. Kansai aims to expand its and diversify its product line up by developing improved versions of its water-based 3-wet coating system which are process-saving, energy-saving and environmentally friendly technology. It also focuses on developing low-VOC,low-temperature curing, light curing, and despraying. In FY2023, the company spent approximately JPY7,621 million towards its R&D activities, which was 1.5% as a percentage of revenue and grew 12.5% YoY.
Business Segments
- Architectural Coatings
- Automobile Coatings
- Auto-Refinish, Marine and Protective Coatings
- Industrial Coatings
- Others
Overview
Includes revenue from the sale of Architectural.
Performance
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Overview
Includes revenue from the sale of coatings for automotive applications.
Performance
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Overview
Includes revenue from the sale of coatings and paints for Automotive repairs, ships and also for anti-corrosion applications.
Performance
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Overview
Includes revenue from the sale of Industrial Coatings
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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