602021202220232024(Target)16.717.719.520.5Main Products• Release papers for general-use adhesive products• Release papers for electronic materials• Release films for optical-related products• Casting papers for synthetic leather• Casting papers for carbon fiber composite materialsgeneral manager of Converted Products Operations in April 2022. I believe our ability to produce and supply our own release paper from base paper is a major strength for LINTEC. In Fine & Specialty Paper Products Operations, we focused on new product development. In this business operation, we will continue to develop high-performance products such as casting paper that can give water repellency and release materials for film deposition to provide new value to our customers.¥ Billion 241812(Forecast)LSV 2030-Stage 1(Fiscal years ended / ending March 31)Net Sales: Converted Products Operations41Business Operations IntroductionWe manufacture and sell release paper and film that protect the adhesive surfaces of various adhesive products, casting paper that is used as patterning paper for placing designs on synthetic leather, casting paper used in the manufacture of carbon fiber composite material sheets from fibers, and other products. These are endowed with a variety of special functions, including not only releasability but also resistance to water, heat, and abrasion.A Message from the Executive General Manager, Converted Products OperationsSales increased in the year ended March 31, 2022, owing to several factors: sales of release paper and release film were flat year on year, but demand for casting paper for synthetic leather recovered for use in automobile interiors and other applications, and sales of casting paper for carbon fiber composite materials increased, due to the growth in demand for golf clubs and other sports and leisure items. Nevertheless, sales have yet to return to pre-pandemic levels. Many of the markets this operation serves have experienced reduced production due to material shortages. Also, sales continue to decline for casting paper used for primary structural materials for passenger aircraft, owing to sluggish demand in the aviation sector. As medium- and long-term themes for this business opera-tion, we will continue to promote the development of solvent-less release paper, which does not use organic solvents in its production process. We will also concentrate on removing poly-ethylene resin from release paper. By responding to growing demand for environmentally friendly products, we will lead the industry in these efforts as the top manufacturer of release paper in Japan. In addition, we intend to further expand sales of casting paper for synthetic leather, mainly for use in vehicles in Japan and overseas, including North America and other regions we have not yet entered. I headed the Fine & Specialty Paper Products Operations until last fiscal year, becoming executive Toshimi SugayaSenior Executive OfficerDeputy Executive General Manager, Business Administration Div., and Executive General Manager, Converted Products OperationsConverted Products Operations
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