Chugoku Marine Paints Ltd. - Company Capsule by ICDResearch

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									Chugoku Marine Paints Ltd.

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Chugoku Marine Paints Ltd. - Company
Capsule

Reference Code: BR1080CC
Published Date: April 2011




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Chugoku Marine Paints Ltd. - Company Capsule                                        Page 1
Chugoku Marine Paints Ltd.

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Chugoku Marine Paints Ltd. - Company Overview

Chugoku Marine Paints, Ltd. (CMP) is the Japan based company principally engaged in manufacturing and sale of paints
and adhesives for marine, container, and industrial applications. In addition, it also involves in the sales of coating,
managing and undertaking coating work. The company offers paints for vessels, fishing boats, fishing nets and pleasure
boats; supplies paint for wooden, building materials and heavy duty paints; coatings in use on containers. CMP supplies
its products to key industries including shipping, ship building, steel, electric power, construction and woodworking
industries. The company operates through 14 subsidiaries and four manufacturing plants. It operates across Asia, Middle
East, Europe, Africa, North America and Oceania regions. The company is headquartered in Chiyoda-ku, Tokyo, Japan.


Financial Performance

The company reported revenue of JPY 86,810 million during the fiscal year ended 2010. The company's revenue declined
at a compounded rate of 8.99% during the period 2008-2010 with an annual decline of 16.22% over fiscal year 2009.
During the fiscal year 2010, its operating margin was 11.36% as against the operating margin of 7.98% in fiscal year
2009. During the fiscal year 2010, the company registered a net margin of 6.25% as against the net margin of 4.86% in
the fiscal year 2009.

Chugoku Marine Paints Ltd. - Key Facts

Chugoku Marine Paints Ltd., Key Facts

                                  1-7 Meijishingai, Otake-shi, ,
                                                                    Ticker Symbol, Stock       4617 (The Tokyo Stock
Corporate Address:                739-0652, Japan                                              Exchange)
                                                                    Exchange



Telephone                          + 81 827 578555                  No. of Employees           2,417



Fax                                + 81 827 590017                  Financial Year End         March



URL                               www.cmp.co.jp                     Revenue (in JPY Million)   86,810.00



Industry                          Chemicals                         Revenue (in USD Million)   927.26


                                  Australia, China, Hong Kong Special Administrative Region of China, India, Indonesia, Japan,
Locations                         Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand, Italy, Netherlands, Norway,
                                  Spain, Turkey, South Africa, United Arab Emirates, United States
Source: Annual Report, Company Website, Primary and Secondary Research




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Chugoku Marine Paints Ltd. - Company Capsule                                                                           Page 2
Chugoku Marine Paints Ltd.

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Chugoku Marine Paints Ltd. - Major Products and Services

Chugoku Marine Paints Ltd. engages in the manufacturing and sales of paints, undertakes contract painting services. The
key products and service offered by the company include the following:

Chugoku Marine Paints Ltd., Major Products and Services
Products:

Marine Paints

Container Paints

Industrial Paints

Services:

Contract Painting Services
Source: Annual Report, Company Website, Primary and Secondary Research




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Chugoku Marine Paints Ltd. - Company Capsule                                                                   Page 3
Chugoku Marine Paints Ltd.

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Chugoku Marine Paints Ltd. - Key Competitors

The following companies are the major competitors of Chugoku Marine Paints Ltd.:

Daishin Chemical Co Ltd

Kansai Paint Co., Ltd.

SHINTO PAINT COMPANY, LIMITED

ROCK PAINT CO., LTD.




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Chugoku Marine Paints Ltd. - Company Capsule                                        Page 4
Chugoku Marine Paints Ltd.

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Chugoku Marine Paints Ltd. - Key Employees


Chugoku Marine Paints Ltd., Key Employees


          Name                             Job Title                      Board Level     Since   Age


                           Director, Chief, Sales Planning Div.,
Hidenori Miyoshi                                                    Executive Board       2009    58
                           Sales Headquarter


Hiroshi Hasegawa           Director                                 Non Executive Board   2010    62


                           Managing Director, Chief
Hisao Kido                                                          Executive Board       2009    62
                           Administration Headquarter

                           Deputy Chief, Sales Headquarter,
Kazuya Kumai                                                        Executive Board       2009    62
                           Director

                           Chief of Management & Planning Div.,
Kiyotaka Hano                                                       Senior Management     2009
                           Administration Headquarter

                           Director, Deputy Chief of Technical
Masao Kawazoe                                                       Executive Board       2009    60
                           Headquarter

                           Director, Deputy Chief of Technical
Masashi Ono                                                         Executive Board       2009    60
                           Headquarter

                           Chief Executive Officer, President,
Masataka Uetake                                                     Executive Board       2010    65
                           Director

                           Chief of Domestic Sales & Marketing
Minoru Yoshino                                                      Senior Management     2009
                           Div., Sales Headquarter

                           Chief of Overseas Sales & Marketing
Mitsuaki Miyauchi                                                   Executive Board       2009    62
                           Div., Sales Headquarter, Director


Osamu Harada               Chief, Technical Headquarter, Director Executive Board         2009    63


                           Deputy Chief of Sales Headquarter,
Shigemi Hironaka                                                    Executive Board       2009    62
                           Director

                           Managing Director, Chief of Sales
Shohei Funada                                                       Executive Board       2009    62
                           Headquarter


Takashi Oura               Managing Director - CMP Planning, Ltd. Senior Management


Tetsuo Yamazumi            Chairman                                 Executive Board       2010    70

                           Managing Director - Chugoku Paints,
Toshiaki Kondo             B.V., Chugoku Paints (UK) Ltd. &         Senior Management     2009
                           Chugoku Paints (Germany) G.m.b.h.

Tsuneo Doi                 Director, Chief Production Headquarter Executive Board         2007    61

Source: Annual Report, Company Website, Primary and Secondary Research




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Chugoku Marine Paints Ltd. - Company Capsule                                                           Page 5
Chugoku Marine Paints Ltd.

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Chugoku Marine Paints Ltd. - Locations and Subsidiaries

Head Office

Chugoku Marine Paints Ltd.
1-7 Meijishingai
Otake-shi

								
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