
Maximization of Shareholder Value (MSV) / Powerful Partnerships
Introduction to Maximization of Shareholder Value (MSV) and Powerful Partnerships

Partnership with the Wuthelam Group, Our Major Shareholder
Our strategic partnership boosted
the Nippon Paint brand to a dominant
position in Asia

The Nippon Paint Group Value Creation Model
Pursuing Maximization of Shareholder
Value (MSV) based on Powerful
Partnerships with Group partner
companies around the world
Pages related to our Value Creation Model

Review of the Medium-Term Plan
Path of growth strategy through
establishing a stable portfolio
based on region and business

Overview of the New Medium-Term
Plan (FY2021-2023)
Setting a medium-term milestone
towards our long-term goals
Regional and Business Strategy

Materiality / Risks and Opportunities
Applying our strengths to items of
materiality to solve social issues
and create business opportunities
Pages related to Materiality

Independent Directors Discussion about Corporate Governance
We held repeated discussions on the ideal leadership
of the Nippon Paint Group and proposed a new
management structure that will contribute to
Maximization of Shareholder Value (MSV).

Discussions by the Board of Directors
“Acquisition of 100% ownership of
the Asian JVs, Indonesia business”
Decided by resolution of the Board of Directors
based on repeated discussions to ensure the protection
of minority shareholder interests
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- Introduction
- Message from Management
-
Capital and Business Model
- The History of the Nippon Paint Group
- Nippon Paint Group Management Resources
- Partnership with the Wuthelam Group, Our Major Shareholder
- The Nippon Paint Group Value Creation Model
- Value Creation in Practice
- Value Creation Achievements
- Four Strengths of the Nippon Paint Group
- Materiality / Risks and Opportunities
-
Medium- and Long-term Growth Strategy
- Review of the Medium-Term Plan
- Overview of the New Medium-Term Plan (FY2021-2023)
-
Regional and Business Strategy
- Nippon Paint China (China)
- PT Nipsea Paint and Chemicals (Indonesia)
- Nippon Paint Singapore (Singapore)
- Nippon Paint Malaysia (Malaysia)
- DuluxGroup (Australia)
- Betek Boya (Turkey)
- Dunn-Edwards (United States)
- Nippon Paint Automotive Coatings Co., Ltd. (NPAC)
- Nippon Paint Co., Ltd. (NPTU)
- Nippon Paint Industrial Coatings Co., Ltd. (NPIU)
- Nippon Paint Surf Chemicals Co., Ltd. (NPSU)
- Nippon Paint Marine Coatings Co., Ltd. (NPMC)
- Sustainability Strategy
- M&A Strategy
- Financial Strategy
- Sustainability Information
- Financial and Corporate Information