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| Company Profile - PCI Global Leaders 2005
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Kansai Paint Co., Ltd.
Osaka,
Phone:+81.6.6203 5531
Web Address: http://www.kansai.co.jp
Estimated Sales:
$1.647 billion
President: Katsuya Sera
Kansai Paint Co., Ltd., has gained global stature as a pace-setting manufacturer of paint and coatings. Products supplied by Kansai Paint and its Group companies find application in automobiles, buildings, construction equipment, metal furniture, wood products, beverage cans, household electric goods, chemical plants, storage tanks, industrial machinery, bridges, containers, ships and home paints. Sales of paints and coatings totaled ¥179,010 million, up ¥4,563 million (2.6%) over the previous year.
Source: 2004 annual report and Web site
Notes: In 2004, PPG Industries and Kansai Paint concluded negotiations to launch an alliance for the sale of automotive coatings to global original equipment manufacturers. The joint venture is known as PPG Kansai Automotive Finishes (PKAF). Kansai Paint is building a plant in the outskirts of Delhi in India for its subsidiary, Goodlass Nerolac Paints Ltd. (Kansai has also initiated the process to hike its equity stake in this second-largest Indian paint company by 15% from its current holdings of 64.5%.) Kansai is also building plants at its joint ventures in China.
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