ΔE 10.8, fair: the same colour family, but not a straight swap. Cement Grey is a little darker, more saturated than Light Gray (IJN).
Only where an exact match doesn’t matter, such as a new unit or a highlight. Fair match (ΔE 11). Cement Grey is a little darker, more saturated than Light Gray (IJN).
The same difference applies the other way round: Light Gray (IJN) is a little lighter, more muted.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Light Gray (IJN) on the colour wheel See Cement Grey on the colour wheel
All matches: Light Gray (IJN) equivalents · Cement Grey equivalents