In an IR interview, NATOCO CO.,LTD. disclosed its business overview and growth strategy. The company plans to expand in Japan and overseas and grow its distillation business, centered on its three core businesses of coatings, fine chemicals and distillation.
Founded in 1948, NATOCO CO.,LTD. will celebrate its 77th anniversary in 2025. Based in Nagoya, the company aims to become an innovation company operating primarily in coatings. Following its founding and the relocation of its head office plant, it has strengthened its in-house development of resin synthesis and its research and development structure. It currently manufactures coatings and resins and conducts research and development through its production sites in Aichi and Gunma.
The business consists broadly of 3 segments. The coatings business supplies coatings for exterior wall materials used in housing materials, coatings for metal and floor-coating materials. The fine chemicals business supplies coatings for information devices, while the distillation business collects, distills and reuses waste liquids within the group. The distillation business is an important core business, accounting for approximately 25% of consolidated revenue. Going forward, the company aims to add value in fields such as semiconductors and pharmaceuticals.
As part of its growth strategy, the company plans to pursue new customer development, capital and business alliances, and business partnerships in the coatings business, while using joint procurement of raw materials and economies of scale through collaboration with other companies in the industry. In fine chemicals, it is strengthening its service structure in overseas markets and emphasizing the development of relationships of trust with customers in Japan and overseas. Capital investment is essential to expanding the distillation business, and the company has presented plans to expand demand for high-end applications, including in the semiconductor sector.