LINTEC Integrated Report 2021
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2019202020212022Business Strategy37.2used in laptops and desktop monitors throughout the entire year. In businesses other than polarizing film, sales grew for OCA sheets for automotive applications in the second half, resulting in solid performance overall. entails tougher competition from the emergence of Chinese rivals in recent years. The LINTEC Group is plotting a growth path for high-end applications that require high quality, and has been strengthening ties with the partner polarizing film manufacturer. We intend to sharpen our competitiveness by developing next-generation display adhesives. Furthermore, we must nurture new businesses outside operations related to adhesive processing for polarizing film. One priority product is automotive OCA, and we are developing solvent-less types for environmental considerations and new types with enhanced followability on curved surfaces, both of which maintain their superior durability. We are also keen to expand sales and discover new applications for light diffusion film, which efficiently scatters incoming light in optimal directions, and high-barrier film that keeps moisture out.The medium- to long-term outlook for the display market 38.034.333.722.1LINTEC Integrated Report 2021Main Products• Polarizing films / adhesive processing• Touch screen-related productsIn the fiscal year ended March 31, 2021, earnings fell sharply in the first half in the adhesive processing business for polarizing film used in TVs and smartphones in Japan, but in the second half, demand rebounded quickly. At our production subsidiaries in Korea and Taiwan, the trend for TV-related products was the same as in Japan, but teleworking needs led to strong demand for products ¥ Billion 0403020102018* We forecast a steep decline in sales due to the application of the Accounting Standard for Revenue Recognition in the fiscal year ending March 31, 2022.(Fiscal years ended / ending March 31)(Forecast)36Net Sales: Optical Products OperationsBusiness Operations IntroductionIn Optical Products Operations, LINTEC produces and sells adhesive products for a variety of optical displays using its development technology for special adhesives and surface coating agents, its precision coating technology, and its high-performance production facilities. In addition to mainly carrying out adhesive processing of polarizing film used in LCD and OLED displays, the Company is working to launch and increase sales of new products, such as OCA sheets used in automotive touch screens.A Message from the Executive General Manager, Optical Products OperationsSatoru ShoshiExecutive Officer Executive General Manager,Optical Products Operations,Business Administration Div.Optical Products Operations

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