【最終】AR2018
30/90

28LINTEC ANNUAL REPORT 2018Fine & Specialty Paper Products Operations are facing extremely tough busi-ness conditions due to raw material price hikes and the recent decline in use of paper, which is shrinking the market. In response, in the fiscal year under review we grew sales of special function papers, such as oil and water resistant papers, dust-free papers, and base papers for total heat exchangers. This growth compensated for lackluster sales of mainstay color papers for envelopes, which account for approximately half of net sales.At present, more than 90% of these operations’ sales are in the domestic market. While we further grow domestic market share, in expanding operations our main challenge will be to develop markets overseas. Confident that demand for paper for food packaging will heighten as living standards rise in Southeast Asia, we will focus on increasing sales, including dust-free papers. Also, we will cater to the world’s growing environmental awareness by increasing the use of forest-certified pulp, which contributes to appropriate forestry management. In addition, we will develop blended papers that use non-wood raw materials that used to be discarded as well as develop specialty papers that align with current initiatives toward eliminating the use of plastic.In the fiscal year under review, we posted robust sales of release papers for electronic materials for smartphones, release films for optical-related products, and casting papers for synthetic leather. Although unit shipments of smartphones themselves are softening, the number of electronic components that they incorporate is rising as smartphone performances advance. Consequently, we expect continuing growth in demand for release papers and release films for high-end products. With respect to casting papers for synthetic leather, targeting particularly strong demand for automobile applications, we are working to grow sales worldwide by bolstering collaboration with distributors.As for casting papers for carbon fiber composite materials, we have been facing difficult business conditions because demand for fuel-efficient aircraft has been decreasing due to low crude oil prices. Going forward, however, with production of such aircraft likely to rise, we are looking forward to a pickup in demand for the carbon fiber composite materials that are used in aircraft bodies. While continually reducing costs, in line with our basic strategy of differentiating quality and services to avoid the pitfall of pure price competition, we will con-tinue to ensure sustained earnings by catering effectively to the needs of business clients.Fine & Specialty Paper Products OperationsConverted Products OperationsYutaka IwasakiExecutive OfficerExecutive General Manager, Converted Products Operations, Business Administration Div.Main ProductsFine & Specialty Paper Products Operations• Color papers for envelopes • Colored construction papers• Special function papers• High-grade printing papers• High-grade papers for paper productsConverted Products Operations• Release papers for adhesive products• Release films for optical-related products• Casting papers for synthetic leather• Casting papers for carbon fiber com-posite materialsCORPORATE VALUE INITIATIVESPaper and Converted ProductsToshimi SugayaExecutive OfficerExecutive General Manager, Fine & Specialty Paper Products Operations, Business Administration Div.

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