Nippon Paint Holdings Co Ltd
4612: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Z#p | LOCK|#!jG< | LOCK|TC#$JZv |
With Global Operations, Nippon Paint Is Sensitive to Foreign Exchange Changes
Business Strategy and Outlook
We expect Nippon Paint to gain market share over the next decade. It generally has a top-three market share position, and in China, Australia, and other parts of Asia, where it has a number-one market position, it has demonstrated pricing power. We expect incremental market share gains as Nippon Paint’s brands benefit from wider distribution and innovation.
United States