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Trades about 40% below its sector, cheaper than its peers on earnings.
Based in Osaka, Japan, Asahipen Corporation specializes in the manufacturing, importation, and distribution of a diverse array of paints, painting equipment, and home goods. The company's paint portfolio includes water-based, oil-based, and spray formulations, complemented by various paint auxiliary materials. For application, they offer an extensive selection of painting tools, such as brushes, rollers, kotebakes, roller trays, paint machines, compressors, application aids, curing products, containers, and polishing supplies. Their repair solutions encompass materials for covers, flooring, joints, metal items, wood components, base adjustment, and concrete. Additionally, they provide repair tapes, pale buckets, and specific insulation and waterproofing products designed for roofs. Beyond paints and repairs, Asahipen supplies interior decorating items like shoji, bran, and cover papers, adhesive sheets, glass decorative and anti-condensation products, flooring materials, glues, double-sided tapes, repair and maintenance provisions, and various tools. The company's home care range features floor waxes, a wide assortment of cleaning agents, bleaching agents, fungicides, general household and kitchen detergents, hygiene management supplies, waterproofing and water-repellent treatments, graffiti removers, polishing compounds, and lubricants. Gardening supplies are also part of their comprehensive offerings. Founded in 1940, the organization was originally known as Asahi Paint Company, subsequently adopting the name Asahipen Corporation in January 1965.
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