Kansai Paint has decided to acquire additional shares of its equity-method affiliate PKB in Turkey, making it a wholly owned subsidiary. The acquisition amount is approximately USD 93 million (about JPY 15,603 million), scheduled to be executed around October 2026. This move aims to strengthen our business in Europe, the Middle East, and Africa regions.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4613","jir_company_name":"Kansai Paint Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/4613-20260729-01.pdf","jir_short_summary":"Kansai Paint has decided to acquire additional shares of its equity-method affiliate PKB in Turkey, making it a wholly owned subsidiary. The acquisition amount is approximately USD 93 million (about JPY 15,603 million), scheduled to be executed around October 2026. This move aims to strengthen our business in Europe, the Middle East, and Africa regions.","jir_summary":"### Overview of Business Strategy and Subsidiarization\nKansai Paint has decided to acquire additional shares of its Turkish equity-method affiliate PKB, making it a wholly owned subsidiary. The acquisition amount is approximately USD 93 million (about JPY 15,603 million), scheduled for around October 2026. PKB manufactures and sells paints, with a capital of approximately JPY 5,724 million. This move aims to expand our business and improve profitability in Europe, the Middle East, and Africa regions.\n\n### Future Outlook and Corporate Strategy\nThrough this subsidiary acquisition, Kansai Paint will strengthen its regional strategy and improve its financial structure. Gains from the share acquisition are expected to be recorded as special profits in the consolidated financial results for the fiscal year ending March 2027. The company will continue to focus on enhancing profitability and efficiency. Once the share transfer is complete, PKB will become a fully owned subsidiary, accelerating regional development and strengthening its business base.","jir_financial_highlights":"Consolidated Net Assets: 4,308,874 thousand Turkish lira (JPY 15,037 million) (Almost flat (compared to FY2024, down 0.01 trillion Turkish lira))\nConsolidated Sales: 7,022,539 thousand Turkish lira (JPY 24,508 million) (YoY +9.7%)\nNet Income Attributable to Owners of Parent: \u25b3779,819 thousand Turkish lira (\u25b3JPY 2,721 million) (Improved YoY (\u25b31,040,130 thousand Turkish lira previous year))","jir_category":"","jir_hashtags":"#KansaiPaint, #IRRelated, #JapaneseStocks","jir_key_figures":"Consolidated Net Assets: 4,308,874 thousand Turkish lira (JPY 15,037 million)\nConsolidated Sales: 7,022,539 thousand Turkish lira (JPY 24,508 million)\nNet Income Attributable to Owners of Parent: \u25b3779,819 thousand Turkish lira (\u25b3JPY 2,721 million)","jir_meta_title":"\u3010Kansai Paint\u3011Full Acquisition of Turkish Subsidiary \uff5c July 2026","jir_meta_description":"Kansai Paint has decided to acquire additional shares of PKB in Turkey to make it a wholly owned subsidiary. An investment of approximately JPY 15,603 million will accelerate regional expansion.","jir_og_title":"Kansai Paint Fully Acquires Turkish Subsidiary \uff5c July 2026","jir_og_description":"Kansai Paint plans to strengthen its regional strategy by acquiring additional shares of PKB in Turkey, scheduled for around October 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7954,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-89536","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n