Nippon Paint, under the control of Goh Cheng Liang, one of Singapore’s most low-profile but richest tycoons, segments its asset or partner companies based on geographical coverage. The largest segment is Nipsea, which covers 22 countries centred around Asia. Next is DuluxGroup, which covers the Pacific region and Europe and operates in 22 countries. This is followed by Japan Group, which covers the Japanese market, and the Americas, which mainly covers the US Southwest region through the Dunn-Edwards brand. Nippon Paint currently trades at JPY1,122 ($10.03) per share, giving it a market cap of around JPY2.6 trillion.
The paint and coatings market continues to be huge, with significant growth opportunities for Singapore tycoon Goh Cheng Liang’s family
Tokyo-listed Nippon Paint Holdings is a global leading company in paints and coatings. Japan’s oldest and largest paint company produces paints for automobiles, ships and other industrial paints, along with manufacturing fine chemicals such as finishing agents and adhesives.
