Overview
Chemicals

SHINTO PAINT COMPANY,LIMITED

Shinto Paint Co., Ltd. manufactures and sells a broad range of coating products including electrodeposition coatings, industrial coatings, architectural coatings, anticorrosion coatings, road markings, and railway track materials. The company also engages in chemical products business, including contract manufacturing of pest control agents and industrial biocides for Sumitomo Chemical's subsidiary. Shinto Paint operates as part of the Dai Nippon Toryo group and provides technical guidance to overseas manufacturing affiliates in Indonesia, Taiwan, and Thailand.

Market Cap
¥4.70B
US$30.0M
EV
¥4.65B
US$29.7M
Stock¥138▲+1.47%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.4
x
LTM EV/EBIT
11.8
x
LTM PER
NM
LTM PBR
0.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-12.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
4.70BUS$30.0MMarket Cap4.60BUS$29.3M+ Debt2.75BUS$17.5M− Cash2.96BUS$18.9M− Inv. Sec.1.06BUS$6.75M+ NCI4.65BUS$29.7MEV
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Performance & Balance
Revenue 5Y (¥B)
19.1US$122M'22/319.0US$121M'23/319.0US$121M'24/320.8US$132M'25/321.5US$137M'26/3
EBITDA 5Y (¥B)
0.31US$1.99M'22/3-0.57-US$3.62M'23/30.13US$0.85M'24/30.81US$5.18M'25/30.82US$5.20M'26/3
Net Income 5Y (¥B)
-1.83-US$11.6M'22/3-1.81-US$11.5M'23/3-0.50-US$3.17M'24/3-0.06-US$0.38M'25/3-0.59-US$3.78M'26/3
Capital Structure
74%
26%
EquityD/E 0.35xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
4.67US$29.8M3.57US$22.8M'22/36.58US$42.0M6.21US$39.6M'23/36.06US$38.6M5.75US$36.7M'24/35.46US$34.8M5.03US$32.1M'25/35.98US$38.2M5.10US$32.5M'26/3
Shareholders
Top 10 hold 67.6%
1
Dai Nippon Toryo Company,Limited
50.10%
2
SHINTO PAINT COMPANY,LIMITED Business Partners' Stock Ownership Association
4.63%
3
Kazunobu NAKAJIMA
2.62%
4
Shigeharu SAKAMOTO
2.34%
5
SHINTO PAINT COMPANY,LIMITED Employee Stock Ownership Association
1.53%
6
Hajime SAKAI
1.50%
7
Fumio TAKAISHI
1.47%
8
Rakuten Securities, Inc.
1.45%
9
CACEIS BANK FOR (NR) - NON TREATY (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
0.99%
10
SBI SECURITIES Co., Ltd.
0.96%
Management
9 officers
Ichiro KOSAKA
Representative Director, President and Executive Officer
Apr 1986 Joined Sumitomo Chemical Company, Limited (formerly Sumitomo Chemical Industries, Ltd.) Oct 2011 General Manager, Chemical Products Business Division, Sumitomo Chemical Company, Limited Apr 2018 Executive Officer, in charge of Energy & Functional Materials Business Office and Chemical Products Business Division, Sumitomo Chemical Company, Limited Apr 2021 Managing Executive Officer, in charge of Energy & Functional Materials Business Office and Energy & Functional Materials Quality Assurance Office, Sumitomo Chemical Company, Limited Apr 2024 Advisor, Shinto Paint Co., Ltd. Jun 2024 Representative Director, President and Executive Officer, Shinto Paint Co., Ltd. (current)
1961-07-18
Satoshi ENDO
Director and Executive Officer, in charge of Amagasaki Plant and Chiba Plant
Apr 1991 Joined Shinto Paint Co., Ltd.; Technology Development Division, Research & Development Office Apr 2018 Vice President, PT. Shinto Paint Manufacturing Indonesia Aug 2019 Plant Manager, Chiba Plant, Shinto Paint Co., Ltd. Apr 2021 Managing Officer, in charge of Amagasaki Plant and Chiba Plant, Shinto Paint Co., Ltd. Apr 2022 Executive Officer, in charge of Amagasaki Plant and Chiba Plant, Shinto Paint Co., Ltd. Jun 2024 Director and Executive Officer, in charge of Amagasaki Plant and Chiba Plant, Shinto Paint Co., Ltd. (current)
1965-07-10
Masayuki NAKATANI
Director and Managing Executive Officer, in charge of General Affairs & Human Resources Office, Purchasing Department, and Internal Audit Department
Apr 1990 Joined The Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Oct 2011 Deputy General Manager, General Affairs Department, MUFG Bank, Ltd. Oct 2014 Deputy Branch Manager, Namba Branch, MUFG Bank, Ltd. Apr 2015 Branch Manager, Tokuyama Branch, MUFG Bank, Ltd. Oct 2017 Deputy General Manager, Loan Department, MUFG Bank, Ltd. May 2019 Joined Dainippon Toryo Co., Ltd.; Senior Manager, Corporate Planning Office, Administration Division Apr 2020 Executive Officer, General Manager, Corporate Planning Office, Administration Division, Dainippon Toryo Co., Ltd. Apr 2022 General Manager, International Division, Dainippon Toryo Co., Ltd. Jun 2022 Director, in charge of Procurement, Dainippon Toryo Co., Ltd. Apr 2026 Managing Executive Officer, in charge of General Affairs & Human Resources Office, Purchasing Department, and Internal Audit Department, Shinto Paint Co., Ltd. Jun 2026 Director and Managing Executive Officer, in charge of General Affairs & Human Resources Office, Purchasing Department, and Internal Audit Department, Shinto Paint Co., Ltd. (current)
1966-12-08
Akihiko KASHIO
Director
Apr 1977 Joined Mitsubishi Chemical Industries Ltd. (now Mitsubishi Chemical Corporation) Jul 2005 General Manager, Administration Department, Yokkaichi Plant, Mitsubishi Chemical Corporation Jun 2009 Director, General Manager, General Affairs & Personnel Department, Kansai Netsukagaku Co., Ltd. Jun 2011 Managing Director, General Manager, General Affairs & Personnel Department, Kansai Netsukagaku Co., Ltd. Jul 2015 Registered as Certified Social Insurance and Labor Consultant (current) Jul 2015 Principal, Kashio Social Insurance and Labor Consultant Office (current) Jun 2018 Audit and Supervisory Board Member, Shinto Paint Co., Ltd. Jun 2020 Director, Shinto Paint Co., Ltd. (current)
1953-01-29
Masako YAKURA
Director
Apr 1987 Registered with Osaka Bar Association (current) Apr 2000 Partner Attorney, Asuka Law Office (current) Apr 2013 Vice President, Osaka Bar Association; Director, Japan Federation of Bar Associations Jun 2020 Outside Director (Audit and Supervisory Committee Member), Taoka Chemical Co., Ltd. (current) Jan 2021 Director, Shinto Paint Co., Ltd. (current) Apr 2022 Vice President, Japan Federation of Bar Associations May 2025 Outside Director (Audit and Supervisory Committee Member), Wakita & Co., Ltd. (current) Jun 2025 Outside Audit & Supervisory Board Member, Takara Holdings Inc. (current)
1960-03-22
Junichiro ONO
Full-time Audit and Supervisory Board Member
Apr 1987 Joined Sumitomo Chemical Industries, Ltd. (now Sumitomo Chemical Company, Limited) Apr 2018 General Manager, Second Basic Raw Materials Department, Basic Raw Materials Business Division, Sumitomo Chemical Company, Limited Apr 2020 General Manager, Basic Raw Materials Business Division, Sumitomo Chemical Company, Limited Jun 2023 Advisor, Shinto Paint Co., Ltd. Jun 2023 Audit and Supervisory Board Member, Shinto Paint Co., Ltd. (current)
1964-02-02
Shiro MIURA
Audit and Supervisory Board Member
Apr 1993 Joined The Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Oct 2013 Deputy General Manager, Osaka Sales Division I, Osaka Sales Headquarters, MUFG Bank, Ltd. Oct 2016 Deputy General Manager, Loan Department, MUFG Bank, Ltd. Apr 2019 General Manager, Credit Examination Office, Loan Department, MUFG Bank, Ltd. Nov 2022 Senior Manager, Corporate Planning Office, Administration Division, Dainippon Toryo Co., Ltd. Apr 2023 General Manager, Corporate Planning Office, Administration Division, Dainippon Toryo Co., Ltd. Apr 2024 Executive Officer, Dainippon Toryo Co., Ltd. Jun 2025 Audit and Supervisory Board Member, Shinto Paint Co., Ltd. (current) Apr 2026 General Manager, Finance Department, Administration Division, Dainippon Toryo Co., Ltd. (current)
1971-02-18
Ichiro HIGATA
Audit and Supervisory Board Member
Oct 1992 Joined Asahi Shinwa Audit Corporation (now Azusa Audit LLC) Apr 1996 Registered as Certified Public Accountant Sep 2006 Left Azusa Audit LLC Sep 2006 Registered as Licensed Tax Accountant Oct 2006 Principal, Higata Certified Public Accountant Office (current) Jun 2020 Audit and Supervisory Board Member, Shinto Paint Co., Ltd. (current)
1965-09-04
Shoji KUWAYAMA
Audit and Supervisory Board Member
Apr 1979 Joined Marubeni Corporation Apr 2008 Executive Officer, Deputy Head of Metal Resources Business Unit, Marubeni Corporation Apr 2011 Managing Executive Officer, Head of Metals Business Unit, Marubeni Corporation Jun 2012 Representative Director, Managing Executive Officer, in charge of Metals Business Unit, Marubeni Corporation Apr 2014 Managing Executive Officer, ASEAN Regional Representative, and President, Marubeni ASEAN Company, Marubeni Corporation Jun 2018 Representative Director, President, Marubeni Building Materials Leasing Co., Ltd. Jun 2022 Retired as Advisor, Marubeni Building Materials Leasing Co., Ltd. Jun 2023 Outside Director, GEOSTAR Corporation (current) Jun 2023 Audit and Supervisory Board Member, Shinto Paint Co., Ltd. (current)
1956-04-15
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-05
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-04-13
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2026-04-09
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2026-02-05
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-06
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-30
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-06
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2025-02-06
Securities Registration Statement
EDINET
2024-11-07
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-05
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-06
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-04
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-08
Quarterly Securities Report
EDINET
2022-06-22
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-22
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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