Tokyo 103-8383 Japan
Sales: $272 million (¥28,924 million); consolidated sales $1.58 billion (¥167.446 billion yen).
Major Products: Sheetfed, heatset, waterless and UV offset, gravure and specialty inks; security and banknote inks; and overprint varnishes.
Key Personnel: Koji Takahashi, president; Kazuo Nakamura, senior managing director; Toshiya Sakakibara, CFO; Kazutomo Tada, GM, pigments and inks.
Number of Employees: 3,888 worldwide.
Comments: A leader in offset and gravure inks, pigments and colorants, Dainichiseika Color & Chemicals Mfg. Co., Ltd. enjoyed a sizable sales increase in terms of yen, with revenue rising 6.5% to ¥167,446 million ($1.58 billion). Operating income also was on the rise, gaining 9.2% to ¥13,079 million ($123 million).
Printing Inks Division sales were up 2.8% in 2017, at ¥28,924 million ($272 million). Gravure packaging inks sales were solid once again but offset inks were on the decline. The company reported that gravure ink sales in Indonesia were particularly noteworthy. Operating profit was ¥2,900 million ($27.3 million), a drop of 2% compared to 2016.
Dainichiseika has 13 domestic and 23 manufacturing and sales subsidiaries worldwide. Dainichiseika manufactures offset inks in Kumamoto, Tokai and Tokyo, Japan, and gravure inks in Kawaguchi and Shiga, Japan. Dainichiseika also manufactures inks at P.T. Hi-Tech Ink Indonesia, and gravure inks at Hi-Tech Color, Inc. in the US.