LINTEC Integrated Report 2022
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2021202220232024(Target)121.5101.387.5129.0Main Products• Adhesive papers and films for labels• Adhesive papers and films for barcode labelswell as to the acquisition of U.S. adhesive products manufac-turer DURAMARK PRODUCTS, INC., which became a subsid-iary last April. As a result, this operation exceeded sales of ¥100 billion for the first time. To ensure future growth, it is essential to expand sales in overseas markets, as well as in Japan. In February 2022, we acquired an adhesive products business from a U.S. peer company and established SPINNAKER PRESSURE SENSITIVE PRODUCTS LLC. Through this move, we aim to accelerate the creation of synergies between SPINNAKER, which specializes in high-mix, low-volume production, and MACTAC AMERICAS, LLC, which mass-produces adhesive products for general labels. To enhance our presence in environmentally friendly products, another major theme, we intend to expand product development of hot-melt formulations that do not use organic solvents, both in Japan and overseas. Recent trends have focused on reducing the amount of plastic used by replacing the shrink film on PET beverage containers with small adhe-sive labels, as well as on reusing and recycling plastic contain-ers. We will actively market products that meet these needs. We also aim to take an industry lead in the early establishment of recycling systems for the release paper and release film used in adhesive products.¥ Billion 1401057035Note: At the start of the fiscal year ended March 31, 2022, all products belonging to Industrial & Material Operations at MACTAC AMERICAS were transferred to Printing & Variable Information Products Operations. Results for the fiscal year ended March 31, 2021, have been restated to reflect this transfer. 0(Forecast)LSV 2030-Stage 1(Fiscal years ended / ending March 31)34Business StrategyNet Sales: Printing & Variable Information Products OperationsBusiness Operations IntroductionAccounting for approximately 40% of the sales of the LINTEC Group, these are its largest operations. They manufacture and sell adhesive paper and film for labels, which are used in a wide range of fields. We have a leading share of Japan’s market for adhesive film, which has particularly high added value. Overseas, we are working to expand our manufacturing and sales network, mainly in Asia, and in recent years we have focused on expanding busi-ness in the North American market, centered on U.S. subsidiary MACTAC AMERICAS, LLC.A Message from the Executive General Manager, Printing & Variable Information Products OperationsIn the fiscal year ended March 31, 2022, domestic demand for cosmetics and other products was weak due to a significant decrease in inbound demand, but demand for food- and online sales-related products remained solid. Meanwhile, overseas sales were strong, thanks to favorable performance in the North American, Chinese, and Southeast Asian markets, as Masaaki YoshitakeSenior Executive OfficerDeputy Executive General Manager, BusinessAdministration Div., and Executive General Manager, Printing & Variable Information Products OperationsPrinting & Variable Information Products Operations

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