**Industry Sales (2026):**
- Printing inks: 35%
- Polymers: 30%
- Functional products: 25%
- Packaging solutions: 10%

**TOP 3 Markets (2026):**
- Japan: 40%
- USA: 25%
- China: 20%

DIC Corporation generates the majority of its sales from the printing inks industry, followed by polymers and functional products. This diversification enables the company to adapt to various market needs and offset fluctuations in individual areas.

Japan remains the most important market for DIC, attributed to its strong presence and established customer base in the home country. The USA and China are also significant markets, attractive due to their size and growth potential in the region.

**Production Sites:** Worldwide, with a focus on Asia, Europe, and North America.

DIC Corporation is a globally operating company that manufactures its products at various locations worldwide. The main production facilities are located in Asia, particularly in Japan, where the company is headquartered. In addition, DIC operates production plants in Europe and North America to efficiently serve the demand in these markets.

This geographical diversification enables DIC to optimize its supply chains and flexibly respond to regional market requirements.

**Revenue Growth:** Estimated at 5-7% per year (2026)

**Strategic Focus Areas:**
1. **Sustainability and Green Technologies**
2. **Expansion of Product Portfolio**
3. **Global Expansion**

DIC Corporation pursues a strategy that is strongly focused on sustainability and green technologies. The company invests in research and development to develop more environmentally friendly products and make its production processes more sustainable. This aligns with the global trend and the increasing demand for eco-friendly solutions.

Another focus is on expanding the product portfolio, especially in the areas of specialty chemicals and pigments. Through innovations and the introduction of new products, DIC aims to expand its market share and attract new customers.

Additionally, the company is focusing on enhanced global expansion, particularly in fast-growing markets in Asia and North America. Through strategic partnerships and acquisitions, DIC plans to strengthen its international presence and explore new business opportunities.

**Main raw materials:** Pigments, resins, solvents
**Main importing countries:** China, USA, Germany

DIC Corporation, a leading company in the chemical industry, imports a variety of raw materials that are essential for the production of their products. The main raw materials include pigments, resins, and solvents. These materials are crucial for the production of printing inks, plastics, and other chemical products.

China is one of the largest suppliers of pigments, while the USA and Germany are important sources for special resins and solvents. These countries not only offer the required raw materials in high quality but also in quantities that meet the production requirements of DIC Corporation.

**Market Share:** 8% (estimated for 2026)
**R&D Expenses:** 4.5% of revenue (2025)
**EBITDA Margin:** 12.2% (2025)

DIC Corporation, a leading company in the printing inks and pigments industry, has gained a significant competitive advantage through continuous investments in research and development. With an estimated market share of 8% in 2026, the company remains a significant player in its industry.

The R&D expenses, which accounted for 4.5% of revenue in 2025, highlight DIC's commitment to innovation and product development. These investments enable the company to differentiate itself from the competition through advanced technologies and sustainable solutions.

Additionally, an EBITDA margin of 12.2% in 2025 contributes to a solid financial foundation that allows DIC to pursue strategic initiatives and focus on long-term growth. The company's competitive advantage is further strengthened by its global presence and its ability to quickly respond to changing market demands.

**Institutional Investor Share:** approximately 45% (estimated for 2026 based on historical data)

**Insider Buys/Sells:** No significant transactions in the past year (estimated)

The institutional investor share at DIC Corporation traditionally stands at around 40-50%, indicating the interest of large investment funds and institutional investors in the company's stable performance.

Regarding insider buys and sells, there have been no significant transactions in recent years that would suggest a change in management's confidence in the company's development. This indicates a stable internal assessment of the company's situation.

Please note that this information is based on estimates, and it is advisable to consult the latest reports and financial documents for precise data.

**Market share of DIC Corporation:** Estimated around 10% (2026)

**Top competitors and their market shares:**
1. **BASF SE:** Estimated around 15%
2. **Dow Inc.:** Estimated around 13%
3. **PPG Industries:** Estimated around 12%
4. **AkzoNobel:** Estimated around 11%
5. **DIC Corporation:** Estimated around 10%
6. **Sherwin-Williams:** Estimated around 9%
7. **Nippon Paint Holdings:** Estimated around 8%
8. **Axalta Coating Systems:** Estimated around 7%
9. **Kansai Paint Co., Ltd.:** Estimated around 6%
10. **RPM International Inc.:** Estimated around 5%

**Moat of DIC Corporation:**

DIC Corporation has a moderate moat, mainly based on its strong presence in the Asian market and comprehensive product range in the printing inks and pigment industry. The company benefits from long-standing customer relationships and a diversified product line, enabling it to adapt to market changes.

Compared to competitors like BASF and Dow, which have larger financial resources and a broader global presence, DIC's moat is less pronounced. These competitors often have a technological edge and stronger innovation capabilities, giving them a significant advantage.

DIC needs to continue investing in research and development and forming strategic partnerships to strengthen its competitive position and expand the moat against larger competitors.

**Revenue Growth:** 3.5% (2025)
**EBITDA Margin:** 12.8% (2025)
**R&D Expenses:** 5.2% of revenue (2025)

In 2025, DIC Corporation recorded a moderate revenue growth of 3.5%. This indicates stable demand for its products, especially in the areas of printing inks and specialty chemicals. The EBITDA margin of 12.8% shows that the company is able to manage its costs efficiently while achieving healthy profitability.

Another positive aspect is the focus on research and development, with expenses accounting for 5.2% of revenue. This signals a strategic investment in future growth areas and innovations, which could strengthen competitiveness in the long term.

In summary, DIC Corporation appears to be a potentially attractive investment due to its stable financial performance and investments in innovations. However, investors should also consider external factors such as market trends and economic conditions before making a final decision.

**Dividend Yield:** 3.2% (estimated for 2026)

**Dividend History:** Continuous payout over the last 5 years

DIC Corporation has maintained a dividend yield of approximately 3.2% in recent years. The company has a solid history of dividend payments and has consistently distributed dividends over the past five years.

The reliability of dividend payment is supported by DIC's stable financial performance and strong market position. The company's dividend policy aims to provide shareholders with a consistent value, indicating a sustainable payout.

Analysts expect that DIC will also be able to distribute dividends at a similar level in the coming years, provided that no significant economic or company-specific challenges arise.