2021202220232024(Target)31.128.235.533.5Main Products• Window films• Films for outdoor signs and advertising• Interior finishing mounting films• Automobile-use adhesive products• Industrial-use adhesive tapes• Labeling machinesin the U.S. that has experienced sluggish performance in recent years, is working to rebuild its business performance by improv-ing manufacturing efficiency and quality. In addition, we will actively develop and expand sales of environmentally friendly products across our operations. For example, in construction material-related products we use recycled plastic film and develop new products that conserve energy for electric vehicles.¥ Billion 040302010Note: 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.(Forecast)LSV 2030-Stage 1(Fiscal years ended / ending March 31)Net Sales: Industrial & Material Operations35Business Operations IntroductionThese operations manufacture and sell a wide range of products. Our window film offers various functions, such as cutting out solar radiation heat and ultraviolet light when it is attached to building and automobile windows, and preventing shattering when glass is broken. Other products include decorative film for interiors, film for outdoor signs and advertising, motorcycle- and automobile-use adhesive products for such applications as vehicle body deco-ration and protection, industrial-use adhesive tape for bonding components in mobile and other devices, and labeling machines for efficient automated labeling.A Message from the Executive General Manager, Industrial & Material OperationsAlthough performance fell short of pre-pandemic levels, the vibrant market for online sales led to strong sales of industrial system-related products that handle delivery lines—mainly labeling machines that automatically attach address and control labels to cardboard boxes and other products—as well as a recovery in demand for various automotive-related products, window film, and construction material-related products. As a result, sales rose year on year in the fiscal year ended March 31, 2022. I was appointed executive general manager of this busi-ness operation last April. Over the past year, I feel I have begun to understand the business environment and trends in each market, and then to address the various issues. High raw material and fuel costs are a major concern in the current fiscal year. We will step up efforts to improve profitability by integrating product lines and reviewing appropriate inventory levels. Looking to our sales expansion strategy, Japan’s market for online sales is expected to grow significantly. In response, we will focus on sales of labeling machines for small and medium-sized businesses, as well as those for large businesses in the industrial system-related market. Regarding window film, we will promote the development of high-performance products and aim to expand our market share in Japan, North America, and other parts of Asia. MADICO, INC., a window film production subsidiary Hideki MiyakeExecutive OfficerExecutive General Manager,Industrial & Material Operations, BusinessAdministration Div.Industrial & Material Operations
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