Nippon Pigment Holdings Company Limited (4119) Stock Price

Japan Pigment Holdings manufactures and sells various colorants for resin compounds, resins, paints, and fibers as its primary business. The company group consists of 10 subsidiaries and 3 affiliated companies.

In Japan, the company operates in resin compounds, colorants for resins, processed colors, and pigment colors. Subsidiaries Japan Pigment Co., Ltd. and PLASiST Co., Ltd. handle manufacturing and sales, while Nagoya Pigment Co., Ltd., Tokyo Pigment Co., Ltd., and Osaka Pigment Co., Ltd. are responsible for manufacturing.

In Southeast Asia, the company operates in resin compounds and colorants for resins. Subsidiaries Nippon Pigment (M) Sdn. Bhd. and P.T. Nippisun Indonesia handle manufacturing and sales.

In China, the company operates in resin compounds, colorants for resins, and processed colors. Subsidiaries Pulashi Special Materials (Nantong) Co., Ltd. and Shanghai Jinzhu Color Masterbatch Co., Ltd., along with affiliated company Shanghai New Material Special Polymer Co., Ltd., handle manufacturing and sales. Tianjin Bimite Engineering Plastics Co., Ltd. is scheduled to be dissolved in August 2024.

In other regions, the company operates in resin compounds, colorants for resins, and processed colors. Affiliated companies NPK Co., Ltd. and Dajong Chemical Industry Co., Ltd. handle manufacturing and sales.

Japan Pigment Holdings is a company that provides color-related products and aims to create harmony between people and the natural environment. Through color, the company contributes to societal prosperity while prioritizing harmony with local communities. The company is committed to technological innovation and service improvement, with the goal of providing high-quality, environmentally conscious products.

The company is advancing its medium-term management plan "Change & Evolution 2025" from 2021 to 2025. This plan seeks to transform the business structure in preparation for the company's 100th anniversary in 2025, establishing a growth foundation for the next century. The company is fulfilling its responsibility toward realizing a sustainable society and addressing social challenges.

Growth strategies include creating new business opportunities, increasing the ratio of overseas business, and executing appropriate investments. The company is also working to reduce environmental risks and strengthen its contribution to a sustainable society. Strengthening the management foundation is a priority, with targets to expand operating cash flow and EBITDA.

Japan Pigment Holdings aims for an ROE of 6% or higher by fiscal year 2025 to improve capital efficiency. The company is also focusing on expanding ESG-conscious governance and creating a workplace where employees find meaning in their work. Through these efforts, the company seeks to achieve both corporate growth and the realization of a sustainable society.