¥7.9 billion(Consolidated)(Consolidated)(Consolidated)42As a technology-centered company, we realize that strengthening R&D capabilities is one of our most important management strategies for achieving sustainable growth. At the LINTEC Group, two approaches help us to create products that resolve our customers’ diverse technological issues and that are unprec-edented, innovative, and lead the market: the developing of functional materials and related processing technologies that leverage our proprietary technological capabilities and a market-dialogue style of research that emphasizes customer needs. Going forward, we will further strengthen our R&D system in a bid to accelerate the speed of product development, and create new technologies that lead to new products and businesses.Fiscal year ended March 31, 2022 / As of March 31,2022LINTEC’s R&D CapabilitiesNumber of researchersAbout 200U.S., Taiwan, Germany, Thailand, etc.R&D expensesOverseas dispatch of researchersRatio of R&D expenses to net salesNumber of patents held in Japan and overseasResearch and Development5,3803.1%
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