Daishin Chemical
Basic Information
- Stock Code
- 4629
- Industry
- Chemicals
- Category Detail
- Chemicals & Chemical Products
- Prefecture
- Tokyo
- Establishment Year
- December 1952
- Listing Year
- October 1995
- Official Website
- http://www.daishin-chemical.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Dainichi Seika Kogyo, Dainippon Toryo, Nippon Paint Holdings, Kansai Paint, Chugoku Toryo, Fujikura Kasei, SK Kaken, DIC, Sakata Inx, artience, Almetax, Carmate, Genex
Overview
Daishin Chemical is a leading thinner manufacturer representing the chemical industry, based in Tokyo since its founding in 1952. It is a specialized company that provides a diverse range of products for a wide variety of applications, with single solvents as its mainstay.
Current Situation
Daishin Chemical maintains a solid position in the industry through the stable supply of single solvent thinners, primarily in the domestic market. Consolidated sales for fiscal 2023 are estimated at around 15 billion yen, with various solvent products including printing thinners as the core. In recent years, it has focused on product improvements and technological development aimed at reducing environmental impact, while expanding VOC reduction-compliant products. It maintains strong trading relationships with domestic and international paint/ink manufacturers and the printing industry, and its proprietary technology in single solvents serves as a source of competitiveness compared to competitors. It is proactive in sustainability, strengthening its lineup of environmentally friendly products and promoting waste liquid recycling. In the medium term, it aims to expand industrial applications through the development of high-performance solvents, pursuing a strategy of business diversification and contributions to local society. Recent personnel changes also focus on strengthening the sales organization, addressing sustained growth from both technological innovation and customer needs.
Trivia
Interesting Facts
- Rare company specialized in manufacturing single solvent-type thinners.
- Long-time headquarters in Tokyo, supporting the Kanto region's chemical industry.
- Possesses proprietary technology in printing industry solvents.
- Highly evaluated as an early responder to environmental impact reduction.
- Active in technical exchanges with related listed companies.
- Known as a major thinner supplier to small and medium printing companies nationwide.
- Track record of fastest industry deployment of VOC regulation-compliant products.
- Highly evaluated for stable product supply, with high trust level.
- Focuses on waste liquid recycling to reduce environmental impact.
- Improved user satisfaction through odor reduction technology specific to solvents.
Hidden Connections
- Collaborating with multiple domestic printing ink manufacturers on joint development to advance product improvements.
- Has a technical cooperation relationship with related company Carmate in parts solvent field.
- Environmentally friendly product lineup showcased at industry trade shows has attracted attention.
- Regularly engages in technical exchanges with manufacturing equipment manufacturers in the same industry.
Future Outlook
Growth Drivers
- Increasing demand for low-VOC products due to strengthened environmental regulations
- Expansion of demand for high-functionality solvents in industrial fields
- Growing demand for high-quality solvents in the printing industry
- Multi-purpose expansion and technological innovation in industrial solvents
- Product demand driven by rising environmental awareness domestically and internationally
Strategic Goals
- Advance low-environmental-impact products to industry-leading levels
- Achieve waste liquid recycling rate of over 90%
- Expand sales ratio in high-functionality solvent field to over 50%
- Strengthen environmentally friendly product lines for overseas markets
- Expand CSR activities for global environmental conservation
Business Segments
For Paint and Coating Industry
- Overview
- Develops and supplies solvents optimal for paint and coating applications, addressing diverse industry needs.
- Competitiveness
- Product lineup excelling in high-purity single solvent technology and environmental responsiveness
- Customers
-
- Paint manufacturers
- Painting contractors
- Automotive manufacturers
- Construction-related companies
- Industrial product manufacturers
- Electronics manufacturers
- Printing companies
- Packaging materials manufacturers
- Products
-
- Solvent thinner
- Quick-drying solvent
- Low-VOC solvent
- Special functional solvent
- Environmentally friendly solvent
- Industrial cleaning solvent
Solvent Supply for Printing Industry
- Overview
- Provides essential solvents for printing processes, supporting quality improvement.
- Competitiveness
- Solvent research and proposal capabilities specialized for the printing industry
- Customers
-
- Printing ink manufacturers
- Commercial printing companies
- Packaging printing companies
- Publishing and media companies
- Packaging companies
- Products
-
- Printing thinner
- Offset solvent
- UV printing compatible solvent
- Special printing solvent
Industrial Cleaning and Washing
- Overview
- Provides solvents specialized for cleaning industrial products, contributing to performance improvement.
- Competitiveness
- Achieving both environmental compliance and high cleaning power
- Customers
-
- Electronic component manufacturers
- Precision machinery manufacturers
- Automotive parts manufacturers
- Medical equipment manufacturers
- Products
-
- Industrial cleaning solvent
- High-purity solvent
- Removal and cleaning agents
For Adhesives and Sealants Industry
- Overview
- Provides solvents that balance adhesive performance and safety, achieving stable supply.
- Competitiveness
- Compatibility with diverse adhesives and compliance with safety standards
- Customers
-
- Adhesive manufacturers
- Construction materials manufacturers
- Industrial product manufacturers
- Products
-
- Adhesive solvent
- Sealant solvent
Solvents for Electronic Materials
- Overview
- Provides high-purity solvents adapted to electronic materials manufacturing processes.
- Competitiveness
- High reliability based on high-purity technology
- Customers
-
- Semiconductor manufacturers
- Electronic component manufacturers
- Precision equipment manufacturers
- Products
-
- High-purity solvent
- Semiconductor cleaning solvent
Competitive Advantage
Strengths
- High purity technology for single solvents
- Expertise in printing thinner field
- Expansion of environmentally friendly products
- Trusted relationships with clients built over many years
- Stable quality control system
- Convenient access with headquarters in Tokyo
- Product lineup covering a wide range of applications
Competitive Advantages
- Unique high-purity processing capability for single solvent technology unmatched by others
- Long-term track record and trust in printing industry products
- Compliance with environmental regulations including VOC reduction
- Custom product development for diverse industries
- Quick delivery and flexible responsiveness
- Technological superiority through consistent R&D investment
- Ongoing customer base rooted in local companies
- New market development through high-functionality solvent development
- Small-lot対応 capability suited to business scale
- Trust from domestic certifications in quality
Threats
- Intensifying price competition with major chemical manufacturers
- Increased product improvement costs due to further strengthening of environmental regulations
- Market penetration of alternative technologies and products
- Uncertainty in manufacturing costs due to crude oil price fluctuations
- Intensified market competition from new entrants
- Decline in domestic demand due to aging population
- Changes in overseas market economic conditions
- Decline in competitiveness due to delays in technological innovation
- Risks to stability of resource procurement
- Rising logistics costs
Innovations
2023: Low-VOC Thinner Development Completed
- Overview
- Newly developed a volatile organic compound (VOC) reduction-type thinner aimed at reducing environmental impact.
- Impact
- Contributes to strengthened environmental regulation compliance and market share expansion
2022: Renewal of High-Purity Single Solvent Manufacturing Technology
- Overview
- Improved manufacturing processes to enhance solvent purity and production efficiency.
- Impact
- Achieved quality improvement and cost reduction, strengthening competitiveness
2024: Introduction of Environmentally Friendly Waste Liquid Recycling Process
- Overview
- Introduced environmental technology to make waste liquids reusable, promoting waste reduction.
- Impact
- Reduces waste treatment costs and environmental impact
Sustainability
- Promotion of low-volatility solvents compliant with VOC emission regulations
- Reduction of environmental impact through improved waste liquid reuse rate
- Improved energy efficiency in manufacturing processes
- Expansion of environmentally friendly product lineup
- Active participation in local environmental protection activities
- Strengthening of occupational safety and health