Kansai Paint
Sales: $2.18 billion
Overseas business
continues to grow
Company Facts:
Kansai Paint Co., Ltd.
3-6, Fushimi-machi 4-chrome, Chuo-ku
Osaka 541-8523, Japan
Tel: (81) 6-6203-5531; Fax: (81) 6-6203-5018
www.kansai.co.jp
• 2007 SALES REVENUE: $2.18 billion
(2006 SALES: $1.8 billion)
• KEY PERSONNEL: Shoju Kobayashi, president;
Toshinobu Otani, executive vice president; senior
managing directors: Kazuhiro Fujita, Shinichi
Hamamatsu, Koichi Imada, Yuzo Kawamori; managing directors: Osama Isozaki; Kouji Yamamoto;
directors: Hiroshi Miura, Shigeru Nakamura,
Mitsuhiro Fukuda, Hiroshi Ishino, Yasuo
Yoshizawa, Masanobu Ota.
• MAJOR PRODUCTS: Automotive OEM and
refinish coatings, industrial coatings, decorative
paint, marine and protective coatings.
Kansai Paint’s business is
divided into automotive
(46%), industrial (21%),
decorative (19%), and marine
and protective (4%) segments. In
2007 the company reported $2.18
billion in sales.
The company reported favorable
growth in the sales of automotive
coatings for new cars in Japan due
to increases in production brought
about by favorable exporting conditions. In the area of automotive
refinished, although the market in
Japan was sluggish, Kansai was able
to develop new demand through the
expanded sales of its environmentally-friendly products. The company
also entered into an exclusive contract for selling PPG Japan paint
products in Japan, which helped
drive growth.
As for industrial coatings, Kansai
reported an increase in sales of
industrial machinery coatings due
to growth in the production of large-scale construction vehicles.
Kansai reported a slowdown in the
demand for decorative coatings but
has expanded sales with eco-friendly
products, through for example, the
introduction of products with high
added value, such as exterior coatings that provide dirt and stain
resistance, eco-friendly interior coatings and water-based heat barrier
coatings for roofs, balconies and
outer walls.
OVERSEAS BUSINESS
In North America and Europe,
Kansai has established a solid supply system for automotive coatings
through PPG Kansai Automotive
Finishes (PKAF), a joint venture
company with PPG Industries.
As India continues to undergoe
economic growth, demand continues
to grow for products related to residential housing and automobiles.
Favorable results in the areas of decorative coatings, automotive coatings
and industrial coatings have resulting in a large increase in revenue,
the company reported. The company
has also changed the name of its subsidiary in India from Goodlass
Nerolac Paints Ltd. to Kansai
Nerolac Paints Ltd. The company
also formed a merger with Polycoat
Powder Ltd., a 100%-owned subsidiary of Kansai Paint working in
the area of powder coatings.
In China, Kansai has constructed
an automotive coatings plant in
Guangzhou, and have created a system to respond to the expanding automobile market in China for the area
ranging from Shenyang and Tianjin
in the north to the Guangzhou region
in the south.
The company reported favorable
results in other Asian regions as
well. In Thailand, its completed its
second plant in the country. In
Indonesia an increase in automobile
manufacturing is expected to continue and in Malaysia, while auto manufacturing is down, Kansai Coatings
Malaysia Sdn. Bhd., which was purchased last year, reported increased
sales for both decorative and industrial coatings.
