Integrated Report 2019

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38LINTEC INTEGRATED REPORT 2019Strategy As a technology-centered company, we realize that strengthening R&D capabilities is one of our most important management strategies for achieving sustainable growth. Two approaches help us to create both products that resolve our customers’ diverse technological issues and products that are unprec-edented, innovative, and lead the market: the developing of functional materials and related processing technologies that leverage our proprietary technological capabilities and a market- dialogue style of research that emphasizes customer needs. Going forward, we will further strengthen our R&D system to accelerate the speed of product development and create new technologies.Research and DevelopmentLINTEC’s R&D Capabilities in NumbersNumber of patents 4,162(as of the end of March 2019)Number of research staff210(as of the end of March 2019)R&D expenses¥8.3 billion(fiscal year ended March 31, 2019)