Development and Business Expansion of Highly Durable Paints and Environmentally Friendly Coating Systems for Residential Applications

「Sales of coatings for new construction remained sluggish because the number of buildings constructed by major customers declined. Sales of renovation coatings remained firm because major customers increased their market share and orders shifted from other companies as a result of the situation in the Middle East.」

「In renovation coatings, sales of coatings for multi-unit housing remained strong. As a result, net sales amounted to ¥13.372 billion, up 14.5% year on year, and operating profit amounted to ¥848 million, up 153.5%.」

「Sales of new-build coatings were broadly in line with the previous year, although performance varied among major customers. Sales of renovation coatings remained firm, driven by sales for multi-unit housing. As a result, net sales were ¥6,445 million, up 12.1% year on year, and operating income was ¥363 million, up 269.0%.」

「Sales of new-build coatings fell below the previous year as orders from major customers failed to recover. Sales of renovation coatings remained firm, supported by market-share gains from the launch of new products and sales of renovation coatings for multi-unit housing. As a result, net sales were ¥11,675 million, up 4.4% year on year, and operating income was ¥335 million, up 106.7%.」

「Demand for new-build coatings remained sluggish due to continued weakness in orders from major customers. Sales of renovation coatings remained firm, supported by market-share gains in western Japan at certain major customers and an increase in properties being painted. As a result, net sales were ¥5,749 million, up 4.1% year on year, and operating income was ¥98 million, up 89.7%.」

「Orders from major customers continued to be sluggish, and sales of new-build coatings remained weak. Orders from customers for renovation coatings showed signs of recovery in the second half, and demand was also beginning to recover, but this was not enough to offset the poor performance of new-build coatings. As a result, net sales were ¥11,188 million, down 5.1% year on year, and operating income was ¥162 million, down 61.7%.」

「In the Paints segment, which handles architectural coatings, orders from major customers continued to decline, and sales of both new-build and renovation coatings remained sluggish. As a result, net sales were ¥8,607 million, down 6.1% year on year, and operating income was ¥164 million, down 58.8%.」

「Sales of coatings for new detached homes remained sluggish as the decline in housing starts among major customers continued. Sales of coatings for detached-home renovations were also sluggish due to a decline in orders from major customers. As a result, net sales were ¥5,525 million, down 6.7% year on year, and operating income was ¥52 million, down 77.8%.」

「Sales of coatings for new detached homes remained sluggish due to production adjustments resulting from a decline in the number of housing starts among major customers. Demand for coatings for detached-home renovations was also sluggish due to a decline in renovation starts among major customers and delays in exterior work caused by waterproofing work. As a result, net sales were ¥2,857 million, down 8.6% year on year, and operating income was ¥42 million, down 72.5%.」

「Demand for new-build coatings remained sluggish due to order restrictions by certain customers related to the wood shock and other factors, as well as a decline in the number of new orders for housing units. Demand for renovation coatings was also sluggish as the number of properties requiring repainting declined among major customers due to improvements in durability and the use of exterior wall tiles. As a result, net sales were ¥11,790 million, down 5.5% year on year, and operating income was ¥293 million, down 59.8%.」

「In the Paints segment, which handles architectural coatings, sales of new-build coatings were somewhat sluggish year on year due to order restrictions by certain customers related to the wood shock and other factors, as well as a decline in the number of new orders for housing units. Sales of renovation coatings remained sluggish as the number of properties requiring repainting declined among major customers due to improvements in durability and the use of exterior wall tiles. As a result, net sales were ¥9,165 million, down 4.2% year on year, and operating income was ¥284 million, down 51.7%.」

「In the Paints segment, which handles architectural coatings, sales of new-build coatings declined slightly year on year due to order restrictions by certain customers related to the wood shock and other factors. Sales of renovation coatings remained sluggish as the number of properties requiring repainting declined among major customers due to improvements in durability and the use of exterior wall tiles. As a result, net sales were ¥5,921 million, down 5.6% year on year, and operating income was ¥166 million, down 58.8%.」

「In the Paints segment, which handles architectural coatings, sales of new-build coatings declined slightly. Sales of renovation coatings remained sluggish due to a decline in orders from major customers. As a result, net sales were ¥3,126 million, down 3.5% year on year, and operating income was ¥114 million, down 50.4%.」

「In the Paints segment, which handles architectural coatings, sales of new-build housing products remained below the initial budget because sales of wood-based housing were sluggish as lumber prices surged due to the wood shock. Demand for renovation products was broadly unchanged from the previous year, while sales of renovation work undertaken by the subsidiary remained firm. As a result, net sales were ¥9,570 million, up 10.8% year on year, and operating income was ¥587 million, up 76.7%.」

「In the Paints segment, which handles architectural coatings, demand for renovation products remained below forecast due mainly to a decline in the number of construction projects resulting from the prolonged summer rains, but remained firm compared with the previous fiscal year. As a result, net sales were ¥6,269 million, up 15.0% year on year, and operating income was ¥402 million, up 361.5%.」

「In the Paints segment, which handles architectural coatings, demand for products for the new construction market was flat year on year because the number of completed housing projects declined, while demand for products for the renovation market remained firm. As a result, revenue was ¥3.240 billion, up 27.2% year on year, and operating profit was ¥230 million, up 509.8%.」

「In the Paints segment, which handles architectural coatings, the company sought to secure revenue by launching sales of new products for multi-unit residential renovations, but demand for both new construction and renovation paints remained weak because housing showrooms curtailed operations in response to COVID-19 and the number of renovation projects declined. As a result, revenue was ¥11.674 billion, down 12.3% year on year, and operating profit was ¥551 million, down 36.0%.」

「In the Paints segment, which handles architectural coatings, sales remained weak in both the new construction and renovation markets because housing manufacturers refrained from sales activities as a result of the COVID-19 pandemic and the number of renovation projects declined. As a result, revenue was ¥8.641 billion, down 18.0% year on year, and operating profit was ¥332 million, down 57.5%.」

「In the Paints segment, which handles architectural coatings, demand for renovation paints remained weak as construction was postponed or canceled because of COVID-19 and heavy rainfall. As a result, revenue was ¥5.453 billion, down 26.6% year on year, and operating profit was ¥87 million, down 85.8%.」

「In the Paints segment, which handles architectural coatings, sales in the renovation market remained weak because construction was postponed and work was delayed as a result of the spread of COVID-19. As a result, revenue was ¥2.547 billion, down 29.5% year on year, and operating profit was ¥38 million, down 87.1%.」

「In the Paints segment, which handles architectural coatings, demand in the new housing market remained firm. In the renovation market, however, demand remained weak because of the consumption tax increase and Typhoon Hagibis. As a result, revenue was ¥13.318 billion, up 2.9% year on year, and operating profit was ¥861 million, down 2.7%.」

「In the Paints segment, which handles architectural coatings, sales in the new housing market remained strong, supported by sales of new products. Sales in the renovation market were roughly in line with the previous fiscal year, but declined from October onward because of the consumption tax increase and typhoon damage. As a result, revenue was ¥10.540 billion, up 6.7% year on year, and operating profit was ¥781 million, up 9.1%.」

「In the Paints segment, which handles architectural coatings, paints for both new housing and renovations performed well, supported partly by new product launches and front-loaded demand ahead of the consumption tax increase. As a result, revenue was ¥7.432 billion, up 15.2% year on year, and operating profit was ¥614 million, up 40.1%.」

「In the Paints segment, which handles architectural coatings, sales of new products remained strong in the new housing market. As a result, revenue was ¥3.612 billion, up 6.6% year on year, and operating profit was ¥292 million, up 14.5%.」

「In the Paints segment, which handles architectural coatings, revenue in the renovation market was almost flat compared with the previous fiscal year. In the new housing market, revenue increased, partly because new products performed well. As a result, revenue was ¥12.947 billion, up 1.6% year on year, and operating profit was ¥885 million, up 6.6%.」

「In the Paints segment, which handles architectural coatings, sales continued to expand as demand for new products remained firm, and revenue increased compared with the same period of the previous year. As a result, revenue was ¥9.878 billion, up 1.3% year on year, and operating profit was ¥716 million, up 8.5%.」

「In the Paints segment, which handles architectural coatings, revenue increased as sales expanded, led by new products, and offset the decline in demand in the renovation market. As a result, revenue was ¥6.451 billion, up 1.0% year on year, and operating profit was ¥438 million, up 9.0%.」

「In the Paints segment, which handles architectural coatings, demand in the new construction market increased, with sales of new products remaining strong, and revenue exceeded the level of the same period of the previous year. As a result, revenue was ¥3.389 billion, up 6.0% year on year, and operating profit was ¥255 million, up 31.5%.」

「In the Paints segment, which handles architectural coatings, revenue was almost flat year on year as demand in the renovation market remained firm. As a result, revenue was ¥9.747 billion, up 0.4% year on year, and operating profit was ¥660 million, up 16.4%.」

「In the Paints segment, which handles architectural coatings, sales of paints in the new construction market were weak and revenue was flat year on year, but operating profit increased. As a result, revenue was ¥6.390 billion, up 0.2% year on year, and operating profit was ¥402 million, up 19.8%.」

「In the Paints segment, which handles architectural coatings, revenue declined as the number of housing projects in the new construction market struggled to grow compared with the same period of the previous year. As a result, revenue was ¥3.196 billion, down 4.8% year on year, and operating profit was ¥194 million, down 1.9%.」

「Revenue declined in both the new construction and renovation markets, partly because the number of housing projects involving construction work struggled to grow compared with the previous year. As a result, revenue was ¥12.617 billion, down 4.8% year on year, and operating profit was ¥740 million, down 11.2%.」

「Development and expansion of highly durable housing coatings and environmentally responsive coating systems for new construction and renovations, together with safe and reliable application services」