JAPAN PAINT COMPANIES PULL AWAY FROM COVID-19 SLUMP, BUT STRUCTURAL NEED FOR EXPORTS REMAINS
August 1st, 2021
Japanese paint companies have felt the impact of the coronavirus pandemic on their bottom lines over the last 18 months, although their fortunes appear to have diverged in the first half of this calendar year. Firms that have a strong presence in China, where the economy has already bounced back strongly, are faring better than those that are primarily focused on domestic sales or export markets still struggling to shake off the lingering effects of the global health crisis.
Yet the industry in general is optimistic that it will recover, as companies develop ...
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