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Updated · MarketWatch · May 11Kansai Paint reports lower FY2026 net profit
13 articles · Updated · MarketWatch · May 11
- The Osaka-based group posted net profit of Y31.64 billion for the year ended 31 March, versus Y38.31 billion a year earlier.
- Revenue edged up to Y589.80 billion from Y588.83 billion, while operating profit fell to Y49.73 billion from Y52.05 billion.
- Pretax profit rose to Y54.71 billion from Y49.10 billion, but earnings per share declined to Y179.65 from Y202.02 under Japanese accounting standards.
As its Indian subsidiary's profit is halved, how will Kansai Paint combat fierce new competition in its key overseas market? With profits plunging despite a green strategy, can Kansai Paint's eco-innovations survive the current raw material crisis?