Integrated Report 2023
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¥100%1564.83%1565.33¥304.9 billion¥227.2 billion¥13.8 billion4.8%¥5.9 billion¥11.5 billionROE5.3 %¥(12.1) billion¥(12.8) billion¥167.85¥88 ¥284.6 billionNet sales reached a record high, of ¥284.6 billion, owing in part to the performance of a company established by acquiring a business in the U.S. Also, yen depreciation pushed up sales. In addition to soaring prices on key raw materials, such as pulp and petrochemical raw materials, a sharp decline in the electronics market caused demand for Electronic and Optical Products to fall, causing profits to decline substantially. Ongoing yen depreciation led to higher foreign exchange gains, but operating profit declined, causing profit attributable to owners of parent to drop. ROE also dropped substantially. 2023Net income per share was ¥167.85. Based on its basic policy of provid-ing a stable and continued dividend, the Company paid a dividend of ¥88 per share, the same amount as in the previous fiscal year, with a dividend payout ratio of 52.4%.122023Total assets rose, owing to such factors as the acquisition of a business in the U.S. and higher procurement costs. Net assets increased as a result of ongoing yen depreciation, which bolstered foreign currency translation adjustments. The equity ratio was 74.2%.122023Cash flows from operating activities were positive, while cash flows from investing activities were negative due to higher capital expendi-ture. Cash flows from financing activities were negative due to the purchase of treasury stock.88167.85304.9227.25.9(12.1)(12.8)2023¥ Billion300¥ Billion 25¥ Billion 202401801206020192020202120222015102019202020212022 Operating Income Operating Profit Margin (right)16122019202020212022 Profit Attributable to Owners of Parent ROE (right)¥ 250¥ Billion350¥ Billion3020015010050000905084009002019202020212022 Net Income per Share Cash Dividends per Share (right)280210140702019202020212022 Total Assets Net Assets2010–10–20–302019202020212022806040202023202310Operating IncomeOperating Profit MarginProfit Attributable to Owners of ParentOperating Income / Operating Profit MarginProfit Attributable to Owners of Parent / ROENet Income per Share284.6Cash Dividends per ShareTotal AssetsNet Assets13.8Net Cash Provided by Operating ActivitiesNet Cash Used in Investing Activities11.5Net Cash Used in Financing ActivitiesNet Income per Share / Cash Dividends per ShareTotal Assets / Net AssetsCash Flows Net Cash Provided by Operating Activities Net Cash Used in Investing Activities Net Cash Used in Financing Activities Financial InformationNet SalesPerformance HighlightsFigures are for LINTEC Corporation and its consolidated subsidiaries (environment-related data is for LINTEC Corporation on a non-consolidated basis). Fiscal years are for periods ended March 31.

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