Nippon Paint Holdings Co Ltd 4612

Morningstar Rating

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.

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