Integrated Report 2020

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18. Business CombinationsNo specific disclosure for business combination has been made for the year ended March 31, 2020 because of its immateriality.19. Asset Retirement ObligationsNo specific disclosure has been made for the years ended March 31, 2020 and 2019 because of its immateriality. 20. Rental PropertyNo specific disclosure for rental property has been made as of March 31, 2020 and 2019 because of its immateriality.21. Segment Information1. Overview of reportable segments (1) Decision procedures for reportable segments The business segments of our group are subject to periodic review because each of them provides its own financial information separately from other business units of our group and the board of directors not only makes a decision on allocation of management resources, but also evaluates the performance of them. Our group consists of 6 business segments, each of which develops comprehensive strategies and conducts business activities in overseas and domestic markets.Based on product manufacturing methods and similarity of the markets where the products are introduced, we aggregate these business segments into 3 distinguishable units, such as “Printing and Industrial Materials Products,” “Electronic and Optical Products,” and “Paper and Converted Products,” to include in this report.(2) Products and services handled in each segment Products and services handled in each segment were as follows:Reportable segmentsMain products and servicesPrinting and Industrial Materials ProductsAdhesive products for seals and labels, Labeling machines, Automobile-use adhesive products, Industrial-use adhesive tapes, Window films, Films for outdoor signs and advertising, Interior finishing mounting filmsElectronic and Optical ProductsSemiconductor-related adhesive tapes, Semiconductor-related equipment, Multilayer ceramic capacitor-related tapes, Optical display-related adhesive productsPaper and Converted ProductsColor papers for envelopes, Colored construction papers, Special function papers, High-grade printing papers, High-grade papers for paper products, Release papers for adhesive products, Release films for optical-related products, Casting papers for synthetic leather, Casting papers for carbon fiber composite materials2. Method of calculating sales and income (loss), assets, and other items by reportable segment reported The reported information regarding business segments is processed mostly following the accounting procedures listed in “Significant Accounting Policies” used as basis for preparing consolidated financial statements.The profits of the segments reported are based on operating income. The values for internal sales and transfers conducted between segments are given based on the market price for transactions between consolidated companies, and on the first cost for transactions within the same company. LINTEC Integrated Report 2020Financial Information94