Dai Nippon Toryo Company, Limited (4611) Stock Price

Dai Nippon Toryo Co., Ltd. is primarily engaged in the manufacturing and sales of paints, lighting equipment, and fluorescent colorants. The company operates paint businesses both domestically and internationally, along with related logistics and other services. Through subsidiaries and affiliated companies, it provides a wide range of products and services.

In the domestic paint business, Dai Nippon Toryo and Shinto Toryo manufacture and sell paints. Manufacturing is outsourced to Chiba Kakou, Nitto Sanwa Toryo, and Okayama Kakou, while Nitou Chemical manufactures and sells its own products. Color matching and processing are handled by DNT Service and Shinto Service, with sales conducted by respective subsidiaries according to region and customer type.

In the overseas paint business, subsidiaries and affiliated companies in Thailand, Malaysia, Indonesia, China, Mexico, and other countries manufacture and sell paints. The company develops products tailored to each country's market and pursues global business expansion.

In the lighting equipment business, subsidiary DN Lighting manufactures and sells various lighting equipment. Akita DN Lighting handles manufacturing of certain products, and the company also undertakes store construction projects. The business is characterized by leveraging specialized expertise in the lighting sector.

In the fluorescent colorant business, Shinroy manufactures and sells fluorescent pigments and specialty coating materials. These products are used for various applications, with product development driven by the company's proprietary technological capabilities.

Other operations include Nitou Engineering, which provides painting and coating services, and Nit Service, which handles logistics operations. Tomomi Kogyo manufactures and sells building materials, with the entire group pursuing synergies across its operations.

Nippon Paint Co., Ltd. has formulated the "Medium-Term Management Plan 2026," beginning in fiscal year 2024, to achieve sustainable growth. The plan establishes "Vision 2029" targeting fiscal year 2029, when the company will mark its 100th anniversary, with the aim of enhancing corporate value. Specifically, the company targets net sales of 100 billion yen and operating profit of 10 billion yen, while promoting management that prioritizes capital costs and stock price performance.

The company's basic policy focuses on growth markets and pioneering fields, allocating internal resources primarily to the sustainability sector. It is also expanding its business foundation in overseas markets through increased utilization of external resources. In the domestic market, the company emphasizes operational efficiency and strengthens partnerships with external partners.

Additionally, Nippon Paint is pursuing company-wide optimization of human resources and business operations, advancing equipment renewal and digital transformation (DX). Through these initiatives, the company aims to leverage its competitive advantages as a comprehensive paint manufacturer and enhance corporate value. The company plans to achieve these targets by fiscal year 2029 and realize sustainable growth.