Integrated Report 2025

The Integrated Report 2025 was crafted by asking ourselves a fundamental question: “Why is Nippon Paint an attractive investment?” By thoroughly focusing on the investor’s perspective, this Report clearly highlights the distinct investment appeal and strengths that make Nippon Paint a compelling choice for investors.

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Why Invest in Nippon Paint?

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Why is Nippon Paint an
attractive investment opportunity?

  • Why Invest in Nippon Paint?PDF6.4MB Table of Contents/Information Disclosure Structure/Our Value Creation Model

Message from the Management

Photo: Yuichiro Wakatsuki & Wee Siew Kim

Letter to Investors: Insights from the Integrated Report 2025

  • Message from the ManagementPDF3.4MB Message from Co-President Wakatsuki/Message from Co-President Wee

Our Initiatives for Maximization of Shareholder Value (MSV)

  • Our Initiatives for Maximization of Shareholder Value (MSV)PDF3.0MB Maximization of Shareholder Value (MSV)/Asset Assembler Model/Autonomous and Decentralized Management/How Shareholder Value Is Maximized/Three Key Investor Questions About Our Asset Assembler Model/Our Platform That Underpins Autonomous and Decentralized Management/Sustainability as the Prerequisite for MSV/Stock-Price Conscious Management

Medium-Term Strategy

Photo: Yuichiro Wakatsuki

Driving EPS Compounding Through Our Finance Strategy Yuichiro Wakatsuki Director, Representative Executive Officer &
Co-President

  • Medium-Term StrategyPDF2.9MB Medium-Term Strategy Updates (released in April 2025)/Our Finance Strategy Presented by Co-President Wakatsuki/M&A Strategy/Case Study 1: How Joining Nippon Paint Group Unlocks Growth and Opportunity/Performance Highlights

Execution of Autonomous and Decentralized Management

Photo: Wee Siew Kim

Forging the Path to Sustainable EPS Compounding for a Resilient Future Wee Siew Kim Director, Representative Executive Officer &
Co-President

  • Execution of Autonomous and Decentralized ManagementPDF8.7MB Autonomous and Decentralized Management: Practical Perspectives Presented by Co-President Wee/Case Study 2: Leveraging Brand Power for Market Leadership (NIPSEA China Business Strategy)/Four Reasons Why Our Performance Does Not Necessarily Correlate with Chinese Macroeconomic Indicators/Case Study 3: Growth Strategies in Mature Markets (DuluxGroup Business Strategy)/Case Study 4: Harnessing Our Platform for Group Collaboration Through the Selleys Brand/Our Sustainability Strategy/Case Study 5: Driving Employee Engagement Across the Japan Group

Governance in Support of Risk-Taking

  • Governance in Support of Risk-TakingPDF19.0MB Key Features of Our Governance/Message from Chairman/Message from Board Chair/Corporate Governance Structure/Directors/Committee Report/Risk Management/Analysis and Assessment of the Effectiveness of the Board of Directors/Discussions by the Board of Directors/Governance Discussions

Download Entire Report

List of section-specific PDFs

  • Why Invest in Nippon Paint?PDF6.4MB
  • Message from the ManagementPDF3.4MB
  • Our Initiatives for Maximization of Shareholder Value (MSV)PDF3.0MB
  • Medium-Term StrategyPDF2.9MB
  • Execution of Autonomous and Decentralized ManagementPDF8.7MB
  • Governance in Support of Risk-TakingPDF19.0MB
  • Corporate InformationPDF106KB
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