Integrated Report 2023
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199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192021202220232024(Fiscal years ended / ending March 31)(Forecast)52010s2020sConsolidated net sales forecast¥290.0 billionConsolidated net sales2020Large-scale pilot coaters in the Advanced Technology BuildingExpanding Our Domestic and Overseas Production and R&D Structures, and Reinforcing Our Business FoundationIn 2010, we completed the rebuilding of the Tatsuno Plant (Hyogo Prefecture), which is our main plant for adhesive products for labels. In 2011, we established a subsidiary in Thailand to manu-facture these materials. In 2013, we opened an R&D center for carbon nanotube-related technologies in the U.S. In 2015, we constructed the Advanced Technology Building at the Research Center (Saitama Prefecture) and installed leading-edge research equipment and large-scale pilot coaters. In 2016, we acquired three companies in Europe and the U.S., including MACTAC AMERICAS, LLC, a large-scale manufacturer of adhesive products for labels. These moves enabled us to expand our production and R&D structures in Japan and overseas, reinforcing our business foundation.SPINNAKER PRESSURE SENSITIVE PRODUCTS LLC, established through the acquisition of a business from an adhesive products manufacturer in the U.S.Adhesive film for labels that uses recycled PET resin from used PET bottles as facestock materialFocusing on Expansion in Growth Fields to Realize Our Long-Term VisionIn 2021, we unveiled our long-term vision, LSV 2030. Since then, we have been promoting various initiatives aimed at contributing to sustainable growth and the realization of a sustainable society. In addition to investing actively in the increased production of elec-tronics-related products, which are slated for significant future demand growth, and environmental measures to reduce CO2 emis-sions, we are stepping up our development and sales of environ-mentally friendly products in response to growing demand. In the North American label market, we aim to increase our market share through M&A-fueled increases in production capacity, as well as expand our business through synergies in the LINTEC Group.MACTAC AMERICAS, LLC, our base for the manufacture and sale of adhesive products for labels¥284.6 billion

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