Nippon Paint Holdings raises 2025 earnings forecast after AOC acquisition

Nippon Paint Holdings (TSE:4612) announced a revised and increased consolidated earnings forecast for the fiscal year ending December 31, 2025, building on its previous forecast released on February 14, 2025. The upward revision is primarily attributed to the consolidation of AOC (Global Specialty Formulator), following the completion of its acquisition announced on March 4, 2025. Other factors impacting the revised forecast include changes in foreign exchange rate assumptions and the divestiture of certain property, plant, and equipment.