Nippon Paint Holdings Co., Ltd. (4612) Earnings Call Transcripts

Nippon Paint Holdings Co., Ltd.'s Latest Earnings Call - Q1 FY2026

Nippon Paint Holdings reported strong Q1 FY 2026 results, with revenue of JPY 490.3 billion and adjusted operating profit of JPY 76.4 billion, both marking record highs for the quarter. Revenue growth exceeded 20%, and adjusted operating profit surged approximately 38% year-over-year. Management maintained full-year guidance, indicating confidence in achieving profitability despite rising raw material costs linked to geopolitical tensions, particularly in the Middle East.

Reported metrics

Guidance from management

Management maintained full-year guidance, indicating confidence in achieving profitability despite rising costs. They expect to provide an updated outlook in Q2.

What management said

So right, as I said earlier, America, America is less hit directly. So the impact is moderate. And given that circumstances still, the cost is increasing. So how we understand that, how we respond to that will depend on how strong a position that we have. So that is -- AOC is also striving to do their best.

Right. There is no change to that. And [ leisure ], leisure-related, we are seeing some recovery that is marine boat. And -- but overall, as you said, your understanding is correct.

What analysts pressed on

Analysts expressed concerns about the impact of rising raw material costs and the ability to pass on these costs to customers. There were questions regarding the potential for demand declines in an inflationary environment and the variability of performance across different regions.

Main topics on the call

• Record Revenue and Profit — Nippon Paint achieved consolidated revenue of JPY 490.3 billion and adjusted operating profit of JPY 76.4 billion, marking record highs for Q1. Management noted, "Revenue growth was over 20%, and adjusted operating profi...
• Impact of Raw Material Costs — Management acknowledged that raw material cost increases due to geopolitical tensions are affecting operations. They stated, "Raw material cost increases linked to tensions surrounding Iran are affecting regions and busi...
• Maintained Full-Year Guidance — Despite the uncertain demand environment, management expressed confidence in achieving full-year guidance, indicating that the overall impact of cost increases will be largely offset by price pass-through measures. They ...
• Regional Performance Variability — Performance varied significantly across regions, with NIPSEA China showing revenue and profit increases while other regions faced challenges. Management highlighted, "We will continue to assume no early recovery in the C...

Read the full Nippon Paint Holdings Co., Ltd. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 14 Nippon Paint Holdings Co., Ltd. earnings call transcripts on record, spanning August 10, 2023 to August 7, 2026. Based on this history, Nippon Paint Holdings Co., Ltd. reports quarterly. The most recent call on file is dated August 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

4612

Exchange

TSE

Country

JP

Sector

Materials

Industry

Chemicals

Calls on record

14

First call

August 10, 2023

Most recent

August 7, 2026

Reporting cadence

quarterly