
Nippon Paint Holdings Co., Ltd. (NPPHY) Q4 2025 Earnings Call Transcript
Nippon Paint Holdings Co., Ltd. (NPPHY) Q4 2025 Earnings Call Transcript
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Nippon Paint Holdings Co., Ltd. (NPPHY) Q4 2025 Earnings Call Transcript

Nippon Paint Holdings Co., Ltd. (OTCPK:NPPHY) Q3 2025 Earnings Call November 14, 2025 2:00 AM EST Company Participants Yuichiro Wakatsuki - Representative Executive Officer, Co-President & Director Conference Call Participants Atsushi Ikeda - Goldman Sachs Group, Inc., Research Division Yasuhiro Shintani - SMBC Nikko Securities Inc., Research Division Takashi Enomoto - BofA Securities, Research Division Atsushi Yoshida - Mizuho Securities Co., Ltd.

Investors cheered Nippon Paint Holdings' plans to buy U.S. chemical producer AOC from private equity firm Lone Star Funds for $2.3 billion (¥334.1 billion).

The fortune of paints tycoon Goh Cheng Liang got a boost to $18.6 billion, after his son Goh Hup Jin cemented a $12 billion stock-and-cash deal that gave Goh's privately held Wuthelam Holdings control of Nippon Paint.

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