Integrated Report 2019

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11LINTEC INTEGRATED REPORT 2019 Depreciation and Amortization Amortization of GoodwillCapital Expenditures15129630201520162017201820199.5¥ Billion¥9.5 billionNumber of EmployeesCO2 EmissionsToluene Handling Volume / Toluene Emission Volume1,0003,0002,0004,0005,0002015201620172018201904,8882015201620172018201925020015010050017910,0008,0006,0004,0002,0000201520162017201820197,919489Thousand tonsTons4,888179 thousand tonsDepreciation and Amortization / Amortization of Goodwill15129630201520162017201820198.78.73.33.3¥ BillionDepreciation and Amortization¥8.7 billionR&D Expenses2015201620172018201910864208.3¥ Billion¥8.3 billionToluene Handling Volume7,919 tonsToluene Emission Volume489 tonsAmortization of Goodwill¥3.3 billion Toluene Handling Volume Toluene Emission VolumeNon-financial InformationOn a consolidated basis, the number of employees was 4,888, an increase of 94 employees year on year. On a non-consolidated basis, LINTEC had 2,573 employees.Capital expenditure totaled ¥9.5 billion due to production base restructuring accompanying the management rationalization at MADICO, INC., in the U.S.; the expansion of the release film coat-ing facility at the Agatsuma Plant (Gunma Prefecture); etc.At each production base, the Company is advancing the installation of new facilities to reduce environmental impacts and revising pro-duction processes. CO2 emissions volume was down 7 thousand tons year on year, to 179 thousand tons.Depreciation and amortization was ¥8.7 billion. Also, amortiza-tion of goodwill was ¥3.3 billion, due principally to the amorti-zation of goodwill resulting from the acquisition of MACTAC AMERICAS, LLC at the end of 2016.Toluene is a volatile organic solvent that is mainly used during adhesive and release agent coating. We are aiming to reduce our toluene handling and emissions volumes. In the fiscal year ended March 31, 2019, a small year-on-year increase was recorded due to higher production volume.As a technology-centered company, LINTEC is strengthening its R&D capabilities in Japan and overseas. R&D expenses were up ¥0.4 billion from the previous fiscal year, to ¥8.3 billion.Financial InformationESGStrategyOverview