202220232024(Forecast)140.0141.7101.316012080402021Note: 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.030Net Sales: Printing & Variable Information Products OperationsLSV 2030-Stage 1Value Creation StrategyBusiness StrategyPrinting and Industrial Materials Productsoverseas, including in the U.S. and Asia• Generate synergies with the MACTAC Group• Pursue initiatives to coexist harmoniously with the environment and help build a recycling-oriented world• Strengthen quality, cost, and delivery and increase profits87.5¥ BillionBusiness Operations IntroductionAccounting for approximately 50% 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.Main Initiatives in Medium-term Business Plan LSV 2030-Stage 1• Expand production bases and strengthen sales capabilities (Fiscal years ended / ending March 31)A Message from the Executive General Manager, Printing & Variable Information Products OperationsDuring the fiscal year ended March 31, 2023, the Japanese market was characterized by sluggish perfor-mance in the food and beverage sector as consumers curbed purchases in the face of rising prices. However, we saw an increase in the adoption of environmentally friendly products, such as adhesive paper with excellent water resistance used as a substitute for film, and performance was solid in areas related to logistics and pharmaceuticals. In overseas markets, in Southeast Asia results were lackluster, particularly in industrial sectors, affected by supply chain disruptions. However, the inclusion of SPINNAKER PRESSURE SENSITIVE PRODUCTS LLC in the MACTAC group in the U.S. con-tributed substantially to performance. In this business, expanding sales overseas, as well as in Japan, will continue to be an important focus for sustained growth. The current economic slowdown has presented challenging conditions in the European and U.S. markets, but we will strive to enhance our competi-tiveness through further cost reductions. We are seeing synergies with the MACTAC Group take shape, with sales of LINTEC products rising in the U.S. and sales of MACTAC’s hot-melt adhesive products expanding in Japan. We will also work on expanding sales of the hot-melt products we launched this year. Additionally, to meet increasing environmental demand, we aim to broaden our lineup of environmentally friendly products and establish a recycling system for release paper.Printing & Variable Information Products OperationsMasaaki YoshitakeManaging Executive OfficerDeputy Executive General Manager, Business Administration Div., and Executive General Manager, Printing & Variable Information Products Operations
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