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Relocation of manufacturing facilities overseas
progressed rapidly in the latter half of the 20th century and is expected
to grow in the 21st century. Nippon Paint took its first step toward
globalization when it set up a joint venture in Singapore in 1962.
We now have about 30 companies spread throughout Asia, North America
and Europe, including production plants and offices, which are driving
our overseas expansion. Competition will become ever more intense
and global, and an international response will be essential to survive.
Based on extensive overseas operations we have built up over the last
half-century, we are determined to become a dominant player, operating
in a borderless manner as a genuine multinational corporation. "Nippon
Paint" will become a household word across the world. |
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