¥24.0 billion¥17.0 billion¥300.0 billion8% or more8% or morein each business operation.Net SalesProfit Attributable to Owners of ParentPrinting & Variable Information Products Operations• Expand production bases and strengthen sales capabilities overseas, including the U.S. and AsiaIndustrial & Material Operations• Expand sales of window film and develop high-performance prod-ucts in Japan and overseasMedium-term Business PlanLSV 2030-Stage 2April 2024 to March 2027April 2024 to March 2027ROEAdvanced Materials Operations• Expand market share of semiconductor- and electronic component-related products through active investmentOptical Products Operations• Develop adhesives for next-generation displaysMedium-term Business PlanLSV 2030-Stage 3April 2027 to March 2030April 2027 to March 2030Operating IncomeOperating Profit MarginFine & Specialty Paper Products Operations• Develop and expand sales of new products that promote deplasticization and reduce food lossConverted Products Operations• Promote solvent-less and polyethylene-free release paperMedium-term Business PlanManagement Targets for the Fiscal Year Ending March 31, 2024 (Final Year)Key InitiativesSee pages 33–41 for details on initiatives Medium-term Business PlanLSV 2030-Stage 1April 2021 to March 2024April 2021 to March 2024Basis of the Long-term VisionWe formulate and execute medium-term business plans a every three years as milestones toward achieving our vision for 2030.LSV 2030-Stage 1 11
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