Coatings World - July 2016

Nihon Tokushu Toryo Co., Ltd. is a Japan-based manufac- turing company that operates in two business segments. The Paint-related segment manufactures and sells paints and soundproof materials. This segment is also involved in the paint-related and soundproof material-related construction work. The automobile product-related segment manufactures and sells automotive soundproof materials, such as damping materials, acoustic absorbents and sound insulators, as well as antirust materials. The company has nine subsidiaries and ten associated companies in Japan, as well as overseas markets, including the U.S., Thailand, China and Singapore. The company was founded in 1929, is headquartered in Tokyo and has approximately 530 employees.

In 2015, Carpoly’s sales were $417 million. Carpoly offers prod- ucts and services to the furniture and decorative paints market. The company has 3,200 employees, six production facilities located in Guangdong, Shanghai, Sichuan and Hebei, approximately 2,400 direct distributors and more than 16,000 points of sales throughout China.

In 2015, Carpoly restructured its production, supply and sales chains to allow efficient performance. It further strengthened brand promotion, improved product supply, enhanced field service, and joined with distributors in additional marketing events such as advertising and color run to increase its exposure in the retail market, the company reported.

PUBLIC COMPANY YEAR ESTABLISHED: 1929

REVENUE: $407 million MARKETS SERVED

• Decorative coatings • Performance coatings

KEY EXECUTIVES

Masahiro Nojima, chairman and CEO;

Makio Sakai, president and COO; Jun Taya, managing director and CFO; deputy chief officers of paints and coatings: Hisami Nishioka and Yoshihiko Doi.

PRIVATE COMPANY YEAR ESTABLISHED: 1999

REVENUE: $417 million MARKETS SERVED

• Architectural and industrial

KEY EXECUTIVES

Donghang Qiu, chairman and president;

Shuchao CAO,vice president; Xiaobo Lu, vice chairman of the board and group general manager; Dewu Liao, marketing director; Ronghua Chen, technical director.