Corporate History

The Company's former incarnation Kobe Boil Oil Co., Ltd. was founded.

Shinto Paint Co., Ltd was established through the merger of Kobe Boil Oil Co., Ltd. and Toyo Paint Manufacturing Co., Ltd.

Formed capital and technology alliance with Sumitomo Chemical Co., Ltd.

Shinto Chemical Laboratory was newly established and commenced manufacturing of preservatives/insect repellents, fragrances, disinfectants, other industrial chemicals, and pharmaceutical products.

Amagasaki Plant commenced operations, and head office was relocated to current address.

Listed on Osaka Securities Exchange.

Formed technology alliance with Vianova (Austria) on resins for water-based baking paints.

Chiba Plant commenced operations.

Established joint venture Japan Carboline Co., Ltd. with Carboline Company (USA) and Sumitomo Corporation.

Established paint marketing company Hokkaido Shinto Co., Ltd.

Completed manufacturing plant for new powder paint "Inovacs" in Chiba Plant.

Completed modernization of color-matching plant by introducing CCS system in Amagasaki Plant.

Established Taiwan Shinto Chemical Co., Ltd. (currently Axalta Shinto Coating Systems Taiwan Co., Ltd.)

Established joint venture for marine-use paints (Sigma Shinto Coatings Co., Ltd.) with Sigma Corporation (Holland).

Established new Tokyo Office in Shinkiba, Koto-ku, Tokyo

Established joint venture company TOA-SHINTO (THAILAND) CO., LTD. with TOA Group, Thailand.

Established paint marketing company Kyushu Shinto Co., Ltd.

Relocated Osaka Chemicals Plant to a new plant in Amagasaki Plant.

Established joint venture company Shinto-Welbest Mfg, Inc. with Welbest, Philippines.

Sold LCD panel color filters business.

Transferred chemical product business to Shinto Fine Co., Ltd. (currently Sumika Environmental Science Co., Ltd.).

Established joint venture company Shinto-Herberts Automotive Systems Co., Ltd (currently Axalta Shinto Coating Systems Co., Ltd.) with Herberts GmbH, Germany; engaged in the business of automotive paints and industrial electrodeposition paints (excluding aluminum electrodeposition paints).

Established joint venture company Shintra Sdn Bhd with EXTRA, Malaysia.

ISO9001 certification was updated and extended on a company-wide scale.

ISO14001 certification was obtained on a company-wide scale.

Shares of Taiwan Shinto Chemical Co., Ltd. (currently Axalta Shinto Coationg Systems Taiwan Co., Ltd.) were transferred to DuPont-Shinto Automotive Systems Co., Ltd. (currently Axalta Shinto Coating Systems Co., Ltd.)

Japan Carboline Co., Ltd. became the Company's subsidiary.

Established PT.Shinto Paint Indonesia In Indonesia.

Established Shinto Paint Trading (Shanghai) Co., Ltd. in China.

Established PT.Shinto Paint Manufacturing Indonesia In Indonesia.

Established Shinto TOA Vietnam in Vietnam.

Closed Tokyo Office, moved Sales Division to Tokyo Office (current location), moved Technical Division to Chiba Office.

Integration of Hokkaido Shinto Co.

Resolution to dissolve Shinto Paint Trading (Shanghai) Co.

Became a consolidated subsidiary of Dai Nippon Toryo Co.,Ltd. through the purchase of all shares held by Sumitomo Chemical and the acquisition of newly issued shares.