LINTEC Corporation

LI N T EC
CSR REPORT

2021

Company Motto

Sincerity and Creativity
The foundation of the Lintec Group’s CSR is
its company motto, “Sincerity and Creativity.”
These are the ideals that everyone in the groupaspires to.
“Sincerity” means thinking about what can bedone that will be of benefit and appreciated and

LINTEC WAY
Important values supportingthe company motto

tackling every task with all one’s heart.
“Creativity” means working constantly toinnovate and improve, seeking greater added value
without being satisfied with the status quo.
Showing integrity to all stakeholders and taking
on new challenges over and over again witha determination to innovate is the starting
point for a manufacturer who is dedicatedFive Rules of Sincerity
1. Always be sincere.
2. Sincerity opens people’s mind.
3. Please people.
4. Be a giver.
5. Care about colleagues
and family.

to craftsmanship.
“Start with Sincerity and then apply Creativity”—
this is Lintec’s unchanging approach andthe driving force that underpins its
sustainable growth.

Five Rules of Creativity
1. Be committed until you
succeed.
2. Be proud of being unique.
3. 	Be resilient and takeadvantage of changes.
4. Think globally.
5. 	Look for connections topotential everywhere.

What Is the Lintec Group?
To realize the company motto, “Sincerity and Creativity,” the Lintec Group is creating new value by evolving four basic
technologies in accordance with the LINTEC WAY and the Lintec Group Compliance Guidelines.
Under the LINTEC SUSTAINABILITY VISION 2030 (Abbreviation: LSV 2030), which spans the period through to the fiscal year
ending March 31, 2030, the Lintec Group will contribute to realizing a sustainable world by strengthening the corporate structure
through innovation and creating new products and businesses for sustainable growth.

Realization of a sustainable world

Local
communities

Customers
page 19

pages 23–25

Company Motto

Suppliers

Shareholders& investors

Sincerity and Creativity

page 20

Employees
pages 21–23

pages 26–29

Prin
tin
ga

Business field

ustry-relatedindnd gmentse

Contribute to realizing a sustainable world
by strengthening the corporate structure
through innovation and creating new products
and businesses for sustainable growthPaper- and pro
segm cess
en i
t

ted
ela
r
ng

Long-term Vision
LSV 2030

WEB

Globalenvironment

Basic CSR Approaches
Meet the expectations ofstakeholders and contributeto achieving a sustainable society
through our business activities

op E l e c t
r o nic- a n d nt
ti ce
a l-r elated seg m

Four core technologies
Adhesive applications

Surface improvement

System development

Specialty papers and releasematerials production

LINTEC WAY

Marketneeds

Lintec Group
Compliance Guidelines

Socialissues01

Index and Editorial Policy
04

10

Message from the President

Where do we want to be in 2030?
We will nimbly adopt and adapt a diverse range of ideasthat will drive us forward in contributing to realizing asustainable world.

Highlight

The SDGs Committee
Group-wide SDGs Activities to Solve Social Issues
Activities of the SDGs Committee and its West Japan Subcommittee, established topromote unified group-wide SDGs*1-related activities, are featured in this section.

This section presents a message from President and CEO Makoto Hattori to stakeholders
explaining the Lintec’s Group’s initiatives to achieve the long-term vision.

What Is the Lintec Group? 01

Value Chain and Stakeholders 

14Index and Editorial Policy 

02

CSR in the Lintec 

16

Message from the President 

04

Non-Financial and Financial Highlights 17Highlight: The SDGs Committee 

10

Measures against COVID-19 

18Materiality and the SDGs in the Lintec Group 

12

Editorial Policy

The Lintec Group follows the company motto of “Sincerity
and Creativity” when conducting its CSR activities. This report
explains our CSR activities during fiscal 2020. It also features
the long-term vision and the medium-term business plan
implemented from fiscal 2021. The Highlight section presents

Publication Date
Previous publication: August 2020
Current publication: September 2021
Next publication: August 2022

Guidelines Referenced
Sustainability Reporting Standards of the Global Reporting Initiative (GRI)
Environmental Reporting Guidelines (2012/2018) of the Ministryof the Environment of Japan
Environmental Accounting Guidelines (2005) of the Ministry of the Environmentof JapanISO 26000 (Guidance on social responsibility)

the outcomes of the activities of the SDGs Committee andthe expansion of the scope of the committee’s activities. ThisTo ensure better communication with its stakeholders, the Lintec

report publishes certain information that is important forGroup works to disseminate information via a variety of media

both stakeholders*2 and the Lintec Group. For more detailed

channels. For details on each channel, please refer to “Main
Channels for CSR Information” on page 35.

information, please visit our CSR website.

*1 SDGs: Stands for Sustainable Development Goals, which were adopted by the United Nations in 2015.
The SDGs comprise 17 goals and 169 targets to be achieved by 2030 as a set of common goals forthe international community. To achieve the SDGs by 2030 and thereby realize a better world, various
countries and entities around the globe are expected to hold discussions and take action.

02*2 Stakeholders: Stakeholders include consumers, employees, shareholders, creditors, suppliers, local
communities, and government agencies.

Social Report

Environmental Report

Governance Report

Providing Value to Customers 

19Climate Change Mitigation and Adaptation 

26

Practicing Sincerity 

30

Cooperating with Suppliers 

20Material Flow 

27

Safety and Disaster Prevention 

21

Reducing Waste and Water Usage 

28

Human Rights and Diversity 

22Reduction of Environmentally Hazardous Substances  29

Overview of the Lintec Group 

32Community Participation 

23

Third-Party Opinion 

34

Global CSR Report 24Main Channels for CSR Information 

35

Reporting Period
This report covers the period from April 1, 2020, to March 31, 2021 (fiscal 2020).
It also includes some information up through July 31, 2021 concerning specificinitiatives.
Environmental data for 15 group companies outside Japan covers the period fromJanuary 1 to December 31, 2020.

Organizations Covered
Social Report Governance Report
Lintec: Lintec Corporation
Lintec Group: Lintec Corporation plus group companies in and outside Japan

Environmental Report
Lintec: Lintec Corporation (Head Office, 10 production sites*1, and Research Center)
and Tokyo Lintec Kako, Inc.
Lintec and 15 group companies outside Japan: Sites listed above and 15 overseas
group companies*2
Lintec Group: Lintec Corporation plus group companies in and outside Japan*2 15 overseas group companies (overseas production sites): Lintec (Suzhou) Tech Corporation;
Lintec Printing & Technology (Tianjin) Corporation; Lintec Speciality Films (Taiwan), Inc.; Lintec
Advanced Technologies (Taiwan), Inc.; Lintec Korea, Inc.; Lintec Speciality Films (Korea), Inc.; PT.
Lintec Indonesia; Lintec Industries (Malaysia) Sdn. Bhd.; Lintec Industries (Sarawak) Sdn. Bhd.;
Lintec Singapore Private Limited; Lintec (Thailand) Co., Ltd.; Madico, Inc.; Mactac Americas, LLC;
VDI, LLC; and Lintec Europe (UK) Limited

Note on the fiscal year of consolidated subsidiaries
The fiscal year of Mactac Americas, LLC, Lintec (Thailand) Co., Ltd., and another 36
consolidated subsidiaries ends on December 31. As the difference between the fiscal
year end of these 38 consolidated subsidiaries and the consolidated closing date iswithin three months, consolidated financial statements use each company’s financial
statements based on the fiscal year, and make necessary adjustments with regard toimportant transactions that occurred between the two accounting dates.

Verification of the reliability of this Report
Performance indicators marked by an asterisk* have been verified by a third party,
SGS Japan Inc. As a result of third-party verification, no important issues that require
correction were found.

*1 10 production sites: Agatsuma, Kumagaya, Ina, Chiba, Tatsuno, Shingu, Komatsushima,
Mishima, Doi, and Niihama

03

Message from the President

Where do we want
to be in 2030?
We will nimbly adopt and adapt a diverse
range of ideas that will drive us forward incontributing to realizing a sustainable world.

Makoto Hattori
Representative Director, President, CEO and COO
LINTEC Corporationof constantly changing market needs and societal expectations.

Reaffirming the importance of the company
motto of “Sincerity and Creativity”

The unprecedented situation reminded me of how firmly rooted
the company motto of “Sincerity and Creativity” is within thegroup, as well as the importance of its spirit.

More than a year has passed since I took office as President
and CEO in April 2020, right after which we experienced rapid

countermeasures will contain the spread of COVID-19 as soon aschanges both at home and at work due to the unexpected spread

possible. Meanwhile, we need to think about rapid social changesof COVID-19. The Lintec Group has responded to the changes

that may happen in the future for reasons other than a pandemic,

in the environment carefully and promptly, and taken various

such as the increased frequency of abnormal weather events

measures.

across the globe. I believe that it is important to think about

Despite restrictions imposed due to the COVID-19 pandemic,
employees of the Group made every effort, with sincerity, toachieve a stable supply of products so that we could fulfill our
responsibilities to society and the market. Creativity was alsoessential in manufacturing products that ensure the satisfaction

04

I sincerely hope that the vaccine rollout and othervarious situations we have never experienced and be prepared torespond flexibly to any contingency.

Message from the President

Gaining a foothold for the startof the long-term vision
We positioned fiscal 2020 as a period to formulate and prepare
for the start of a long-term vision toward 2030, and drove
forward initiatives under a single-year business plan. While theperformance of semiconductor and electronic component-related
products remained robust, the overall demand declined due tothe impact of the COVID-19 pandemic, especially in the first halfof the fiscal year. Demand in some markets, however, showedsigns of recovery from the third quarter onward. We were able toseize these opportunities and boost the business performance. In
addition, we launched products related to alternatives to plastic
and many other new products with an eye toward future market
trends. Despite the difficult business environment, we gained afoothold for the start of the long-term vision from fiscal 2021.

The basic policy for the long-term vision is to contribute torealizing a sustainable world by strengthening the corporate
structure through innovation and creating new products andbusinesses for sustainable growth, and three key initiatives haveContributing to realizing a sustainable
world through business activities

been set out.
The first key initiative is to solve social issues. Areas coveredby the initiative include climate change, which requires urgent

In formulating the long-term vision, we held discussions on what

global attention, and other environmental issues (Environment);society will be like in 2030 and what the Lintec Group shouldsocial impacts that affect the lives of all people including our

do to solve some of the mounting social issues. As a result of

business partners, residents of our local communities, and ourreviewing how we should be positioned as a company, we started

employees and their families (Social); and corporate governanceworking on the achievement of the LINTEC SUSTAINABILITY

that enables us to make optimal decisions promptly as a

VISION 2030 (Abbreviation: LSV 2030). Our policy is to formulate

corporate group and increases the transparency of our corporate

and implement a medium-term business plan every three years

management (Governance).

to serve as a milestone, using the backcasting method to create

In particular, we will work to solve environmental issues by

the plan. Along with the long-term vision, we launched a new

helping to shape a carbon-free world. Our goal in this respect ismedium-term business plan covering the three years from April

to reduce CO2 emissions by 50% or more by 2030 compared to2021 to March 2024.

FY2013 level and achieve net zero by 2050. Specific measures*1

we are taking to achieve the goal include installing solar power
generators and cogeneration systems*2 at each production site
and utilizing green power generated from renewable sources. In
addition, we will proactively work on the decarbonization of theentire value chain.
To help shape a recycling-oriented world, we will also
expand our recyclable, biomass, and biodegradable productlines, as well as establish recycling systems for release papers*1 Backcasting: A method to consider what to do today by setting a future status that can be agoal and thinking backwards to the present*2 Cogeneration system: A system to efficiently generate two types of energy, such as electricity
and heat, from one energy source, such as gas

05

1 Solve social issues

Long-term Vision
LINTEC SUSTAINABILITY VISION
2030 (Abbreviation: LSV 2030)

Basic Policy
Contribute to realizing a sustainable world by strengthening the corporate
structure through innovation and creating new products and businesses for(1) Environment
 Help to shape a carbon-free world●· Reduce CO2 emissions (reduce by
50% or more by 2030 compared to
FY2013)
● Contribute to achieving a recyclingoriented world· Expand recyclable products (build
release paper recycling system, etc.)· Reduce water consumption andcomply with wastewater quality
standards
● Compatibility with the PRTR Act· Curb release of volatile organic
compounds (VOC) into theatmosphere (zero by 2030)
● Contribute to biodiversity conservation

sustainable growth2021

Medium-term Business Plan

“LSV 2030 - Stage 1”
Period: April 2021 to March 2024

and films. Despite the need to overcome a number of major(DX). Managing and eliminating difficulties and inefficiencies

hurdles, I believe that the Group will be able to achieve the shiftsystematically, as opposed to intuitively, not only reduces costs

to environmentally friendly raw materials by leveraging ourbut also reduces burdens on employees, establishes sustainable

expertise in making the most of the functionality of materials.

operations that do not depend on specific employees to carry out

In a similar vein, we will continue to proceed with the switch totasks, and reduces environmental impacts.

solvent-less products to depart from the use of organic solvents incoating our products with adhesives and release agents.

06

The third key initiative is to create new products andbusinesses to deliver sustainable growth. In addition to refining

The second key initiative is to foster innovation to build athe development and manufacturing technologies that we haverobust corporate structure. To carry on with solving social issues,already nurtured, we will adopt technologies from new areas

we must have a robust corporate structure that can stand up towithout being bound by conventional technological frameworks

the external environment. One way to establish such a structure

and integrate them with our own technologies, thereby being a

is to transform business processes including design, development,

corporate group that creates new market value and providing

manufacturing, and logistics through digital transformation

products and services that exceed customer expectations.

Message from the President

2(2) Social
 Respect human rights●● Provide proper information disclosure to
stakeholders and improve communication● Promote work-style reforms● Rigorously enforce quality andcustomer-first principle(3) Governance● Strengthen corporate governance● Further increase effectiveness of theBoard of Directors
● Appropriate information disclosureand ensure transparency
● Constructive dialogue withshareholders and investors(4) SDGs
Ensure that business activities help to achieve
the Sustainable Development Goals (SDGs)

Create new products andFoster innovation to build arobust corporate structure(1) Transform business processes
including design, development,
manufacturing, and logistics
through digital transformation(DX)*1(2) Install new production equipment
through scrap and build with theaim of conserving energy, raisingquality, increasing efficiency, andreducing labor(3) Strengthen cost competitivenesswith innovation in production
processes(4) Reform the structure of low-growthand unprofitable businesses andsoundly manage Group companies(5) Maintain a solid financial base andimprove capital efficiency

Medium-term Business Plan

Medium-term Business Plan

“LSV 2030 - Stage 2”“LSV 2030 - Stage 3”

Period: April 2024 to March 2027

Period: April 2027 to March 2030

3 businesses to deliver
sustainable growth(1) Create new products and businesses
driven by technological innovation(2) Expand strategic investment andflexibly conduct mergers andacquisitions (M&A)(3) Move aggressively to win a greater
presence in the global market(4) Establish localization

Financial indicators for the fiscal
year ending March 31, 2030
■ Operating profit margin

12% or more
■ ROE (Return on Equity)

10% or more

2030

Changes in the social environment accelerate changes in thekinds of goods that are in demand. To exceed expectations means
to detect such changes quickly and develop, suggest, and offer

Changing how we think and act
based on the long-term visionneeded goods without delay.
The first year of LSV 2030–Stage 1, the first three-year mediumterm business plan formulated by backcasting*2 from the longterm vision, will be an important period for instilling the conceptof the long-term vision within the company and changing how
employees think. We need to clearly envisage where we want to
be in 2030, approximately 10 years from now, and think about
what we should do now and how by backcasting from the future
vision. By continuing to broaden our horizons we can generateinnovation. It goes without saying that specific targets in the*1 Digital transformation (DX): Means to transform services and business models, as well as
business contents and processes, organizations, and corporate culture, and establish acompetitive advantage based on customer and social needs by leveraging data and digitaltechnologies so as to adapt to changes in the business environment*2 For backcasting, see page 05.

07

Medium-term Business Plan “LSV 2030 - Stage 1”(April 2021 to March 2024)

Main Initiatives for Each Business Segment
Printing- and industry-related
segment
Printing & Variable Information
Products Operations
 Expand production bases and●strengthen sales capabilities
overseas, including the United Statesand Asia
● Generate synergies with the
Mactac Group● Pursue initiatives to coexist
harmoniously with the environment andhelp build a recycling-oriented world
● Strengthen QCD and increase profits
Industrial & Material Operations
● Expand sales of window films anddevelop high-performance products
in Japan and overseas
● Expand sales of automated systems
centered on labeling technology
● Launch new automotive products
● Develop wall covering materials byapplying digital printing

Electronic- and optical-related
segment

Paper- and processing-related
segment

Advanced Materials Operations

Fine & Specialty Paper Products
Operations
 Develop and expand sales of●
new products that promotedeplasticization and reduce food loss
● Develop and market new products
● Roll out new applications bystrengthening competitiveness ofexisting products
● Expand sales of special function
paper to overseas markets

 Expand market share of●semiconductor and electronic
component-related products throughactive investment
● Develop thin-film, high-density,
multi-layer products for nextgeneration device manufacturing
processes
● Develop adhesive tape forsemiconductor process used in powerdevices for automobiles and MEMS*1
 Launch carbon nanotube products●
Optical Products Operations
● Develop adhesives for nextgeneration displays
● Develop and expand sales of new
Optical Clear Adhesive (OCA) products
● Enter new markets for light
diffusion films

Converted Products Operations
● Promote solvent-less andpolyethylene-free release paper
● Develop and expand sales ofcasting paper for enamel finish andautomotive synthetic leather
● Develop new products and expand
marketmilestone three-year medium-term business plans should beachieved without fail. Having said that, however, making theachievement of targets the sole focus would make this process no

Promoting diversity management totake advantage of diverse viewpoints

different from conventional methods.
We may face unexpected events in the future, as we are

Developing human resources is extremely important infacing the COVID-19 pandemic now. Nevertheless, it is imperative

contributing to the realization of a sustainable world. Needless tofor us to cope with each contingency and keep advancing toward

say, diversity*2 is the future keyword for the Lintec Group’s human

the achievement of the ultimate goal. I expect each employee toresource development. As the globalization of our businessthink and act proactively while keeping in mind the spirit of ourdomains progresses year by year, we are increasingly in need ofcompany motto, “Sincerity and Creativity,” and the long-term

employees who can play an active role on a global stage andvision that expresses where we want to be in the future.

offer a diversity of viewpoints. We need workforce diversity interms of both nationality and gender. In addition to recruiting
diverse individuals, it is also vital to create a comfortableenvironment where diversity is embraced.

*1 MEMS: Micro Electronic Mechanical Systems

08*2 Diversity: Diversity means the existence of people in different positions and with different
values in a single group. When diverse characteristics are respected, the right people will
be able to exercise their abilities in the right place, and problem-solving from different
perspectives as well as the generation of ingenious ideas will be facilitated.

Message from the President

Promoting various policies based on the concept of diversity

discussed by all employees. I would like to create a culture where

will be an essential foundation for global management. We will

employees truly feel that SDGs activities are not an add-on todevelop a workforce of people who can shoulder responsibilities

their main job but the work itself.

for the achievement of the long-term vision and exercise
leadership to think and take action toward 2030.

In addition, the Lintec Group has identified areas ofmateriality, with the topics selected from a wide range of ESG
themes, that should be the focus of our business activities. We
review the extent of the materiality by looking at the impact on
business activities throughout the value chain and incorporating

Enhanced SDGs-related initiatives
remain at the center of managementsocial changes and SDGs viewpoints.

The Lintec Group places the SDGs at the center of its corporate
management and works to contribute to solving social issues
through its core business. When we established the SDGs

All employees to join forces to arriveat where we want to be

Committee in 2018, I myself served as the officer in charge. Some
topics included in the key initiatives of the long-term vision, such

Looking back at the past year and few months, I got a strongas the pursuit of a carbon-free, recycling-oriented world, aresense of the high expectations investors have toward the Group.

themselves SDGs. Initiatives to achieve them should naturally be

Through our meetings with domestic and overseas institutional

put into practice through our everyday business activities.

investors, I received a large amount of feedback on what we

In April 2021, the CSR Management Office under the direct

should improve in our business and management. The frankcontrol of the president changed its name to the Sustainability

exchanges of opinion resulted in constructive dialogues, which

Management Office, and the Sustainability Committee, which isgave me a lot of food for thought. The feedback will be reflectedcomprised of top management, relevant officers, outside directors,

in our management as appropriate, and we will take measures forand other members, was established. The SDGs Committee

improvement to ensure that we meet the expectations.

has been positioned under the newly established committee,

The world will soon enter an era of increasing uncertainty,

attracting diverse members as a company-wide organization.

and the occurrence of unexpected events may become

In that sense, the SDGs Committee may be a reflection of thecommonplace. The ongoing spread of COVID-19 seems to bekind of diversity we are aiming for. Active discussions that took

representative of such a trend. This means that we will beplace beyond the conventional organizational framework haveexpected to respond more promptly than ever before and that

actually given birth to many ideas that can potentially lead toour corporate stance toward society will be clearly evaluated. The

new products and businesses. Instead of being left to specialized

Lintec Group formulated the long-term vision to squarely embrace

divisions, however, product development will need to be

this major change, contribute to solving a range of social issues,
and achieve sustainable growth. All employees will join forces
and move forward to ensure that we arrive at where the Groupwants to be.

09The SDGs Committee

Highlight

Group-wide SDGs Activities
to Solve Social Issues
Based on the company motto “Sincerity and Creativity,”
the Lintec Group incorporates the SDGs*1 into its management andstrives to contribute to solving social issues through its core business.
The SDGs Committee and its West Japan Subcommittee are committed
to organizing group-wide activities to achieve the SDGs.

Activities in the Past
The SDGs Committee was establishedbusiness activities. For the Lintec Group,

The SDGs Committee consists of members

in fiscal 2018, with the Aggressive CSR

innovation is linked to “Creativity” in thefrom a wide range of departments, including

workshops launched in fiscal 2015, thecompany motto, “Sincerity and Creativity.”

research, production, and sales. The members

forerunner of the committee. The purpose

To make a proposition that is a step ahead ofhave acquired knowledge on megatrends*2of the committee is to generate innovation

customers, we need to read the future based

and the SDGs from scratch. Taking inspiration

within Lintec by solving social issues throughon social issues and take action.

from the SDGs, they came up with new
business ideas and new developments forexisting businesses in small groups, whichwere reviewed and refined at the committee
level. The members bring back what theylearned from these activities to eachdepartment, thereby serving as “evangelists”
who spread the messaging of the SDGs
throughout the company.

Voice of SDGs Committee members
Joining the SDGs Committee

All activities of the West Japangave me opportunities to meet

Subcommittee, from learning

new people from different

to reporting, took place online,

sites and departments. Whileand it was my first experience

I had to work hard to learnof working like that. Serving

about new concepts, suchas a leader for a period of time

as backcasting*3, I came tounder such circumstances took

understand the effectivenessa bit of trial and error, but
through this I learned how toof the knowledge and methods
through the activities.

*1 For the SDGs, see page 02.
*2 Megatrends: Global societal trends

10

Eri Yuzaki

collect team members’ views

Corporate Strategic Officeand bring them together.

*3 For backcasting, see page 05.

Nao Iwai
Production Department
Tatsuno Plant

Proposal of New Business Ideas by the SDGs Committee
The SDGs Committee has been working on

the achievement of the ideal state. All teams

the creation of business models that solve

held discussions with the help of not only asocial issues through the core business.

range of supporters inside the company but

The committee was to make a report to top

also external universities, research institutes,

management in March 2020, but the spread of

businesses, NPOs, and NGOs. They proposed

COVID-19 resulted in a change of plans and ana broad and diverse range of ideas, without

online proposal meeting was held in October.

being bound by existing businesses andIn the meeting, four teams proposed new
business models for the company that aimed

technologies of the Lintec Group.
All ideas proposed by the teams were

to solve social issues and ensure profitability at

examined by top management to decide

the same time.

how the ideas should be handled and how to

To make the proposals, members firstproceed. Many of the ideas proposed have beenlearned about the SDGs, sustainable societies,

subject to further discussion and, in addition toand the backcasting method. Then, each teamthe committee, Production Div, the Research &envisaged the ideal state of the company,

Development Div., and other business divisions

taking megatrends into account, and createdhave joined the research and discussion.

a business model as a strategy necessary for

Activities of the West Japan Subcommittee
The West Japan Subcommittee was establishedrelated activities to the officer in charge andin July 2020, drawing members from thetheir own supervisors.

Osaka Branch Office and four plants in

One of the teams included in their proposal

When the members reflected on theactivities of the West Japan Subcommittee, their
feedback included comments on the realization

West Japan. Eleven members from various

four steps for company-wide SDGs-related

that they were learning something new

departments formed two teams. While unable

activities, namely “understand the SDGs,”

and starting to take ownership of the issue,

to get together in person due to the COVID-19“learn about Lintec,” “promote interaction

indicating that the members themselves went

pandemic, they engaged in online activities via

between different business sites,” and “connect

through a transformation.

a process of trial and error.

with stakeholders,” and laid out 10 actions to

The West Japan Subcommittee firsttake for each step. The actions expected notacquired basic knowledge, like the SDGs

only the input of knowledge by each employee

Committee had in the past, and shared the

but also behavioral changes through output.

awareness that the SDGs are still not standard

The other team proposed a points-basedin the Lintec Group. Then, all employees kept

system that would generate broader interest in

their eyes open for social issues, and each team

the SDGs and social issues and encourage people

held discussions on what we should do to linkto take action. Ideas that would lead to various

the SDGs to our actions. In March 2021, they

activities were offered in the hope of making themade proposals for company-wide SDGs-

SDGs standard throughout the company.

The Lintec Group formulated its long-term vision, LINTEC SUSTAINABILITY VISION 2030, toward the target year of 2030 for achieving the SDGs.
The key initiatives include contributing to the achievement of the SDGs through business activities. The entire Group, including overseas groupcompanies, will continue to take action.

11

Materiality (Important Issues) and the SDGs in the Lintec Group
Materiality means issues that a company should focus on, identified

Points of view based on the long-term LINTEC SUSTAINABILITY

from among a wide range of CSR activities. While the Lintec GroupVISION 2030 implemented from April 2021, as well as on the SDGs,

identified its materiality in 2014, the Group has reviewed the related

are incorporated in the new issues of materiality for the Group. In

themes in light of ever changing social issues, and through a series

the future, we also plan to set key performance indicators (KPIs)*1.

of dialogues with stakeholders.

The Lintec Group will especially focus on material themes
identified again and promote relevant activities.

Materiality Map
Process of reviewing materiality

Multiple departments were involved in the materiality review. Focusing
on the value chain, they looked at changing societal trends, as well as

STEP

1

Analyze the value chain
We examined the value chain, as well as businessactivities and ESG*2 themes of each division.
We also analyzed risks and opportunities withregard to ESG themes in the value chain.

global business activities and business strategies of the Lintec Group.
In identifying internal importance (STEP 3), we weighted
the themes not only based on the vision and each department’s
strategies but also at the discretion of top management, including
the chairman and the president. The themes were then mappedin relation to external importance (STEP 4). The identification of

2

STEP

3

STEP

4

Identify social demands

material subjects and issues was finalized after obtaining approval

We identified and narrowed down important ESG
topics based on changes in various internationalguidelines and frameworks, such as the SDGs, GRI
Standards, the United Nations Global Compact,
and ISO 26000, as well as on information from ESG
rating agencies.

from the Board of Directors.
Going forward, we will develop KPIs for the issues that arematerial for us, engage in relevant activities, and evaluate ouractivities over time. We will also examine the validity and review theextent of the materiality itself on a periodic basis.

Identify internal importance
We looked into internal information, such as
medium- to long-term strategies and business plansof each division and department formulated basedon the long-term vision, LINTEC SUSTAINABILITY
VISION 2030, and identified ESG themes that havea large impact on our business.

Identify material issues
We identified material issues by using a map thatshows societal needs and internal importanceand discussing areas that are relevant in deciding
the importance.

Area A

3

3
4

External importance

STEP

8

Area C

4 5
14

1

4
11 12

15

9
6 10

7

13

Area B

2
13

STEP

5

Set KPIs
Based on the identified materiality, we set
performance indicators for our activities andproceed with implementation.

*1 Key performance indicators (KPIs): KPIs are important indicators related to organizational
strategies, and quantitatively measure progress toward targets.

12

Internal importanceArea A: Area of internal and external importanceArea B: Area of internal importanceArea C: Area of external importance*2 ESG: ESG collectively refers to the following three elements: environmental, social, andgovernance. These three elements are considered to be important for the long-term growth of
a company.

Material Issues
Overall businessContribution through business
1

Map

Map

Strengthening of corporate
structure through innovation

2

Creation of new products andbusinesses for sustainable growth

The environment
Contribution to a sustainable global environment
3

Map

4

Map

Response to climate change

Map

Realization of a recyclingoriented world

5

Map

Sustainable procurement of
raw materials

6

Preservation of biodiversity

Society
Respect for human rights
7

Map

8

Map

Human rights due diligence

Ensuring occupational healthand safety

Enhanced value chain management
Map

11

Comprehensive customer-first
approach

Map

12Improvement in terms of quality,
cost, and customer satisfaction

Governance

14

Organizational governance9

Map

Promotion of diversity

10

Promotion of work stylereform initiatives

Better communication with stakeholders
Map

13

Harmonious co-existence withlocal communities

What are the SDGs (Sustainable Development Goals)?

Promotion of governance across the entire Group
Map

Map

Map

15

Fair business activities

The SDGs or Sustainable Development Goals were adopted by the United
Nations in 2015 and came into effect from January 1, 2016. The SDGs
are a set of 17 goals and 169 targets to be achieved by 2030 regarding
issues that require support from the international community for theirresolution. The SDGs call on all businesses to apply their creativity andinnovation to solve sustainable development challenges. All stakeholders,
including governments, civil society, and the private sector, are expected
to contribute to the achievement of the SDGs.

13

Value Chain and Stakeholders
Lintec’s Thinking about the Value Chain

VOICE

Business activities of the Lintec Group have impacts on every link

Distributionof the value chain. We proactively review and improve business
operations informed by the SDGs at each phase and promote

Society expects distribution systems to reduce theinterdepartmental collaboration, aiming at the realization of aenvironmental impacts and improve the productivity of thesustainable society.

entire distribution industry.

We also provide opportunities for dialogue with stakeholders,

Focusing on the three pillars

and reflect the input obtained through these dialogues in ourof promoting modal shift*1,

business activities.

improving loading efficiency,
and optimizing transportationroutes, we will continue tocollaborate with distributors

Customers

Shareholders/investors
Shareholders
meeting
IR meeting
IR tool

Opportunity for
dialogue withstakeholders

Employees

Communication magazine
Intranetand production sites and aim

Trade shows in andoutside Japan
Contact for inquiries

for a distribution system that

Suppliers

is friendly to the global andTakeshi Kageyamasocial environment.

Production Administration
Department

Social issues related to business

Questionnaire
surveyLocal
communities
Factory tour
Social contribution
activities

Raw material procurement

R&D

Implement CSR procurement to co-exist andco-prosper with suppliers.

Create new innovative products for society,led by the R&D Division.

Customers
Suppliers
Local communities
Employees
Shareholders/investors
Material suppliers

Highlights ofLintec’s initiatives

About

Questionnaire survey response
rate from 102 major suppliers*1 Modal shift: An initiative to reduce CO2 emissions by changing the mode of transport forpassenger or cargo transportation from truck to railway or ship, allowing mass transport

14

500
94.1

companies%

Aggressive R&D to meetcustomer expectations
R&D cost

7.6

billion yen

VOICE

VOICE

Sales/Use

Disposal/Recycling

In selling products, we receive requests for quality- and

The Tatsuno Plant classifies waste (into 46 types of waste andenvironment-related investigations from customers. In the

18 types of returnables) under the slogan of “garbage if mixed,

case of accidents or natural

resources if separated.”disasters, we receive a lot ofVisualizing the amount ofinquiries about the supply of

waste seems to have raised

products. We aim to exceed

employees’ awarenesscustomers’ expectations byaround waste reduction. We

promptly communicating

will continue to promotecustomer requests that theclassification, taking into

sales side receives to relevant

account the trends of waste

divisions and improving

reduction in society as a whole.

and speeding up the flow of

Makoto Inoue

Yuji Nakayasu

product information.

Adhesive Products Group
Lintec Singapore Private Limited

Maintenance Department
Tatsuno Plant

Social issues related to business

Manufacturing

Distribution

Improve production efficiency,
reduce environmental impact, andmass-produce new products
in and outside Japan.

Carrying out social contribution activities
at each business site
Annual spending on social
contribution activities

13.38

Social issues related to businessmillion yen

Sales/Use

Reduce environmental
impact and achieve a stablesupply of products as aresult of our modal shift.

Reduction of CO2 emissions
from distribution comparedto FY2019
Increase in energy
consumption per
production unit

About

4.9
0.5

Disposal/Recycling

Provide security and trust
based on high-quality
manufacturing that cansatisfy customers.

%%

Reduce waste and use it
effectively.

Reduction of quality accidents compared
to 2010 (benchmark year) withthorough quality control

63

Final landfill
disposal rate

0.5

%

%

15

CSR in the Lintec
Many stakeholders support the business of the Lintec Group. To

United Nations Global Compact

meet these stakeholders’ expectations and be trusted by them, all

Having participated in the United Nations Global Compact since April

Lintec Group employees actively conduct CSR activities centered on

2011, the Lintec Group conducts business activities based on the following

the company motto, “Sincerity and Creativity,” and in accordance

Ten Principles to contribute to the sustainable growth of society.

with the “LINTEC WAY,” which is an important value supporting thecompany motto, the Basic CSR Approaches, and the Lintec Group
Compliance Guidelines.
To materialize the key initiatives of the LINTEC SUSTAINABILITY
VISION 2030 (LSV 2030), the long-term vision covering the period
from April 2021, we established a system to promote initiatives
related to ESG*1 and the SDGs*2 and reviewed the Group’s issuesof materiality. Going forward, we will set KPIs*3 for the material
issues and engage in strategic sustainability promotion activities byimplementing the PDCA cycle.

●Human Rights
Principle 1: 	 Businesses should support and respect the protection of internationallyproclaimed human rights; andPrinciple 2: 	 make sure that they are not complicit in human rights abuses.
●Labour
Principle 3: 	 Businesses should uphold the freedom of association and the effective
recognition of the right to collective bargaining;
Principle 4: 	 the elimination of all forms of forced and compulsory labour;
Principle 5: 	 the effective abolition of child labour; andPrinciple 6: 	 the elimination of discrimination in respect of employment and occupation.
●Environment
Principle 7: 	 Businesses should support a precautionary approach to environmental challenges;
Principle 8: 	 undertake initiatives to promote greater environmental responsibility; andPrinciple 9: 	 encourage the development and diffusion of environmentally friendly technologies.
●Anti-Corruption
Principle 10: Businesses should work against corruption in all its forms, including extortionand bribery.

In addition, the Group promotes business operations andCSR activities based on international standards by participating

Sustainability Promotion Systemin the United Nations Global Compact and referring to ISO 26000

In April 2021, we established a new sustainability promotion system.

(Guidance on social responsibility).

Simultaneously, the CSR Management Office under the direct controlof the president changed its name to the Sustainability Management
Office. In addition, the Sustainability Committee was established,
and relevant committees were reorganized into committees andsubcommittees that promote ESG, the SDGs, etc.

Sustainability Promotion System

Sustainability Committee

Establishment of basic policy for sustainability management
and the planning and verification of measures

Sustainability Disclosure
Subcommittee

Environmental Committee

Social & Governance Committee

Establishment of environmental policy andthe planning and execution of measures

Establishment of social and governance policy
and the planning and execution of measures

Corporate Ethics
Subcommittee*1 For ESG, see page 12.
*2 For the SDGs, see page 02.

16

Secretariat(Sustainability Management Office)Corporate Risk Management
Committee
Comprehension of Group-wide risks andopportunities and establishment of policies
to respond to them

SDGs Committee
Consideration of new products andbusinesses that solve social issues

Social Contribution
Subcommittee*3 For key performance indicators (KPIs), see page 12.

Non-Financial and Financial Highlights
Social (non-consolidated)■ Response
rate of CSR
procurement
supplier survey

Human Resources

94.1%■ Percentage of paid leave taken

companies
surveyedcompanies
responded

Approx. 500 suppliers of raw materials(non-consolidated/total)★

61.7%

96

102

■ Number of participants incompany-wide training programs*4(non-consolidated)

1,341

persons(total)Total training hours 6,269.5 hours★

Environmental■ CO2 emissions■ Total energy use (crude oil equivalent)

Organizations covered:
Lintec Corporation (Head Office, 10 production sites*7,
and Research Center) and Tokyo Lintec Kako, Inc.

Organizations covered: Lintec Group in Japan*8

148 thousand tons CO

Purchased power
Fuel
Per unit (energy usage/production)(1,000 tons CO 2)
250
200
150
100
50
0

195

186

179

163

(1,000 kl) 0.32
120

148

80
0

2017

2018

■ Water usage(FY)

Usage:

Water usage

15,00010,00011,883
2000

47.5

91

87

51

51

40

41

54
38

55
36

44
43

2016

2017

2018

2019

2020

5,993

7,361

2016

2017

51.0

5,871

5,680

7,951

2018

2019

2020

Waste paper
SludgeWaste plastic
Other(1,000 tons)
40
30.2
30
4.5
1.5 5.0
20
4.8
10
14.4
0

75.0
50.0
25.0
(FY)

0.40
0.20
(FY)

0

■ Waste generated

3

47.0

47.2

(kl/t)
0.60

0.31

92

Total amount generated:

Organizations covered:
Lintec Corporation (Head Office, 10 production sites,
and Research Center) and Tokyo Lintec Kako, Inc.

(m3/t)
100.0

47.9

0.31

92

Note: Fuel means gasoline, light oil, kerosene, Bunker-A oil, liquid natural gas (LNG),
liquid petroleum gas (LPG), and utility gas.

3

Per unit (water usage amount/
paper production tonnage)(1,000 m3)
95.3
20,00002020

7,951 thousand m
Per unit: 51.0 m /t

Organizations covered:
Kumagaya and Mishima Plants

5,000

2019

0.31

0.32
91

40

2016

87 thousand kl
Per unit: 0.31 kl/t
Total usage:

2

0.0

2016

29.0 thousand tons

Waste oil
100

3.9
1.5
5.1

29.9
5.2
14.2

2017

3.8
1.4
4.8

28.9
5.5
13.4

2018

3.3
1.5
4.8

28.1
5.5
13.0

2019

6.9
1.3
5.3

75

29.0

50

4.4
25

11.1

2020

0

(FY)

Financial (consolidated) See page 03 for a note on the fiscal year of consolidated subsidiaries.
■ Ordinary income■ Operating income

16,800 million yen
20,00017,000 million yen(Million yen)

(Million yen)

15,684

18,389 17,993
14,484

16,77020,00010,00010,000

0

0

2016

2017

2018

2019

2020 (FY)■ Sales by segment (Fiscal 2020)

16,5952016

20,0952017*4 Rank-based training programs*5 and theme-based training programs*6 are collectively called
company-wide training programs.
*5 Regarding the rank-based programs, the program for new hires took place as at-home learning
due to the COVID-19 pandemic. In the calculation of total training hours, the number of training
hours for the program was deemed as equivalent to that of the conventional program.

(Million yen)

17,9772018

15,4402019

17,0302020 (FY)Paper- andprocessingrelated
31,181
Electronic- andoptical-related
88,976

Total
235,902

Printing- andindustryrelated
115,745*6 Regarding the theme-based programs, data on harassment training include those of domestic
group companies.
*7 For 10 production sites, see page 03.
*8 Lintec Group in Japan: Lintec Corporation and its sales offices; Tokyo Lintec Kako, Inc.; Printec, Inc.;
Lintec Services, Inc.; and Lintec Commerce, Inc.

17

Measures against COVID-19
Due to the global spread of COVID-19, the business environment is changing in unprecedented ways.
The Lintec Group has established the Lintec Group Basic Guidelines for the Prevention of COVID-19
Infection and taken measures to both protect the health and life of each employee and fulfill our corporate
mission of maintaining product supply. In accordance with the state of the spread of infection in each area,
we have strengthened measures taken at the workplace and implemented flexible working arrangements. In
fiscal 2020, a total of 54 notices were issued to employees in Japan (Lintec and its group companies).

Measures Taken at the WorkplaceImprovement of the Office, IT, and Communication Environments

including using large rooms to ensure social distancing and banning
attendance by anyone with even the mildest of symptoms. Company

Lintec has taken various measures and devised various methods toevents have been cancelled or postponed, depending on the state ofensure the safety of its employees.

the spread of infection in the local area. In addition, alcohol sanitizers

To improve the office environment, we installed partitions

are installed at the entrance of each workplace and business site andat each seat and in meeting spaces to block the transmission ofat other appropriate locations, and we ask visitors for cooperation

droplets. Other measures to avoid the three Cs (closed spaces,with hand sanitizing, gargling, and handwashing.

crowded places, and close-contact settings) were also taken,
such as setting capacity limits at 20 to 50% (depending on thestate of the spread of infection) and setting up satellite offices atbusiness sites and company housing for single employees near

Raising Awareness of Personal Preventive
Measures

Tokyo. Some business sites introduced contactless facial recognition

Each employee is a member of a local community before they arethermometers, simple CO2 measurement devices to check the state

an employee of the company. The Lintec Group thus calls on itsof ventilation, and UV sterilization devices that remove viruses andemployees to take preventive measures in both their private andgerms from the air.

public lives.
For instance, we encourage our employees to make sure thatthey wash their hands, gargle, observe proper cough etiquette, andwear masks in crowded places; ensure social distancing; and boost
their immune systems through proper diet and adequate rest.

Working Arrangements
Partitions to block the transmission of droplets

Remote working has rapidly become commonplace in response to
the COVID-19 pandemic. Lintec positions remote working not as atemporary response but as a way to improve labor productivity, withan eye to establishing a new work style.
With an intention to keep using the system, we revised the work
regulations and established Remote Working Rules. Specifically, thefollowing changes have been made.

UV sterilization device

Contactless facial recognition thermometer● Introduced a remote working allowance

We took various measures to improve the IT and communication
environments as well to make the transition to remote working
smooth and safe for our employees. Specific measures include● Reviewed the criteria for the payment of commuter pass fares

for employees working remotely● Introduced a flextime system with no core hours

shifting to mobile PCs, introducing online communication tools,
improving Internet connections, and streamlining internal procedures(going paperless).

Going forward, we will aim to refine the system, responding
promptly and flexibly to new developments in these rapidly changing
times. Issues we will need to work on include: what measures to takeMeasures Being Taken at the Workplace18

for employees for whom remote working is not an option, issues

Meetings and training programs are held via online communication

around working overly long hours and mental health care for remotetools to prevent crowding in small rooms. When meeting in person

workers, the improvement of managers’ labor management skills,

is unavoidable, we take comprehensive precautionary measuresand the introduction of paid leave that can be taken by the hour.

Providing Value to Customers
For more detailed information,please visit our CSR website. (in English)
SearchLintec Providing Value to Customers

Lintec Group’s Approach“We adhere to the fundamentals of ‘manufacturing.’ We shall develop, manufacture, and sell ‘quality,’ ‘environment friendly,’ and ‘safe’
products, and pursue business activities that are trusted by all stakeholders.” While upholding this Quality Policy, the Lintec Group ismaking efforts for improving the added value of our products and services to meet customer expectations.

Assessment of Health and Safety Impacts

The Lintec Group has established a quality assurance system based

The Lintec Group selects appropriate raw materials in complianceon ISO 9001. In Japan, we have integrated the quality assurancewith standards and guidelines based on the RoHS Directive*2, thesystems of six divisions into a group-wide QMS. In fiscal 2020, Tokyo

Industrial Safety and Health Act, and other regulations, and takes

Lintec Kako, Inc. was included in the QMS of the Printing & Variable

careful measures to prevent contamination during manufacturing

Information Products Operations for enhanced collaboration. As forprocesses. In fiscal 2020, no instances of noncompliance or violation

overseas group companies, the quality assurance system has been

were reported in relation to our business activities.

*1

set up and put into operation at 12 business sites.

Disclosing Product Information
To ensure customers’ safe and secure use of our products, theLintec Group provides product information via the Lintec website.

100

We respond individually to inquiries about technical data, productspecifications, Safety Data Sheets (SDSs), and investigations into

80

chemical substances contained in our products.

61

60

43

40

39

37

37

One-stop Development
The Research & Development Div. promotes “one-stop development,”
which considers the mass production process simultaneously with

20

2010

2016

2017

2018

2019

2020 (FY)

PLALESS series, a new brand of plastic alternatives.

Notes: 1 Ratio of quality accidents at Lintec Corp., Tokyo Lintec Kako, Inc. and Shonan Lintec Kako, Inc.
2 Ratio to the number recorded in fiscal 2010 as 100%.

Quality Accident Prevention and Education
The Lintec Group considers it important to implement the QMS
effectively so as to maintain and improve the quality of products
and services and prevent quality-related accidents. To deepen theentire Group’s understanding of the ISO 9001 standard, the Head
Office organizes ISO education every year based on the annual
training plan. Fiscal 2020, however, saw the spread of COVID-19,
which made it impossible to organize the training program as usual.
For the next fiscal year, we are developing new training methods, aswell as learning materials that are easy to understand for those whoare learning about QMS for the first time. By continuing with suchactivities, we aim to provide more reliable products for customers

Governance Report

product design. Products commercialized in fiscal 2020 include the0

Environmental Report

Ratio of quality accidents
(%)

100

Social Report

Quality Assurance System

My Next StageTo acquire statisticalknowledge for quality control,
we plan to implement aninternal education program forall employees in fiscal 2021.
I intend to keep working on
quality improvement with anopen mind in order to learn
and embrace new ideas.

Kim Nam-Hee
Quality Assurance Department
Lintec Korea, Inc.

and improve our services.

*1 ISO 9001: The international standard for quality management systems (QMS)*2 RoHS Directive: Directive on the restriction of the use of certain hazardous substances in electricaland electronic equipment issued by the EU

19

Cooperating with Suppliers
For more detailed information,please visit our CSR website. (in English)
Lintec Cooperating with Suppliers

SearchLintec Group’s Approach
Considering all suppliers as “partners who should grow together with Lintec,” the Lintec Group strives to establish relationships built on
trust with them. When selecting suppliers, we evaluate them appropriately based on the principle of free competition. We engage in fair
and transparent transactions, and ensure legal and ethical compliance in our procurement activities.

Green Procurement
For procurement with lower environmental impact, the Lintec Groupis ensuring thorough chemical substance management for raw

Overview of items covered in the supplier questionnaire survey

Corporate
management● Financial statusmaterials, parts, and secondary materials. We conduct investigations
into substances contained not only in new materials that we procure● Legal compliance/Corporate ethics

for the first time but also in materials that we have continuously
procured in order to ensure compliance with new regulations.
In fiscal 2020, we asked suppliers to respond to our survey

Management/
Labor● Labor(Respect for human rights, working hours, wages, etc.)● BCP● Information security

based on the REACH Regulation*1 (21st and 22nd candidate lists)and chemSHERPA*2 (version 2.00), covering around 5,000 raw materials.
Together with suppliers, we will continue to promote environmental● Costprotection activities and ensure control of chemical substances.
Service

CSR Procurement● Deadline● Information provision(Information on products, technology, industry, etc.)

Lintec has established the Lintec Procurement Policy, the Lintec
Green Procurement Policy, and the Lintec Lumber Pulp Procurement● Third-party certification

Policy, all of which are based on CSR. Its procurement activities
follow the Policies.

(ISO 9001, etc.)
Quality● Management system(Suppliers, raw materials, manufacturing processes,
products, etc.)

We request suppliers, on various occasions, to ensure CSR
activities from multiple perspectives, including respect for humanrights, occupational health and safety, information security, andcorporate ethics.
In fiscal 2020, we asked 102 companies, which we selected outof roughly 500 domestic material suppliers based on the transaction● Third-party certification

Environment(ISO 14001, etc.)● Chemical substance management systemamount and from the BCP*3 perspective, to complete a questionnaire,and 96 of them did so. The survey covered CSR-related items,
including legal compliance, prohibition of child labor, and safe/

Conflict Minerals*4

healthy working environments. We are also using the survey results

Lintec recognizes that conflict minerals, mined to fund armedin supplier evaluation.

conflict, are a serious social problem, and investigates whether

We will continue to improve procurement activities and enhancecooperation with our suppliers.

materials it uses include metals from mines that serve as funding
sources for armed groups.
We will continue to confirm that our supply chain is not funding
armed groups and conduct procurement management that avoids
the use of conflict minerals.

20*1 REACH Regulation: A chemical substance regulation in the EU on the “Registration,
Evaluation, Authorization and Restriction of Chemicals.” Registration is required whenexporting a chemical substance into EU states in quantities of one metric ton or more
per year. Notification must also be submitted to the authorities when a chemical
substance falling under the category of “candidate for required authorization” ispresent in a product at more than 0.1 percent of the mass of the object.

*2 chemSHERPA: A scheme, recommended by Japan’s Ministry of Economy, Trade and Industry, forcommunicating information about chemical substances contained in products. The mechanism isaimed at properly managing chemical substances contained in products across supply chains, fromupstream to downstream, to ensure continued compliance with tighter regulations.

Safety and Disaster Prevention
For more detailed information,please visit our CSR website. (in English)
SearchLintec Safety and Disaster Prevention

Lintec Group’s Approach
The Lintec Group continues to operate the Occupational Safety and Health Policy, which it established based on ISO 45001.*5 According
to the policy, annual safety and health plans are developed. Relevant activities are carried out in accordance with the plans, which set
targets and specific activities for individual priority actions. Activity results are evaluated by way of internal audit and management review
to assist activities in the following fiscal year.

are set for the priority action items and are reflected in safety and health

In 2018, the Lintec Group established the Lintec Occupational Safety

activities. The results of activities and the progress are reported in theand Health Policy and revised the Lintec Occupational Safety andmonthly Safety and Health Committee meetings, and all members of the

Health Manual in conformity with the ISO 45001 standard.

Committee engage in discussions on improvement. By implementing

Our plants formulate annual safety and health plans and engage
in relevant activities. We have established an occupational safety andhealth management system, and the Safety and Health Committee

such PDCA cycles that lead to the next round of initiatives, the Lintec
Group continues to step up its safety and health activities.

Safety and Health Committee and Health Committee

employees of eight domestic plants, the Research & Development

Every month, the Lintec Group plants in and outside Japan holdDiv., and Tokyo Lintec Kako, Inc., as well as employees of partner

Safety and Health Committee meetings, while the Head Office,companies who are permanently stationed at these business sites,

Iidabashi Office (currently Bunkyo Kasuga Office), Osaka Branch

are subject to internal audits.

Office, and other business sites having sales departments convene

In 2020, we set out our program for “Creating a Culture of
Safety and Health,” a systematic overview of Lintec’s safety and

Health Committee meetings. Each of these meetings are attended byrepresentatives of the labor union.
Matters concerning overall safety and health, including statutory

health activities. We promote safety and health activities based on

Environmental Report

and the Health Committee hold meetings every month. In addition,

Social Report

Occupational Safety and Health Policy

matters, are discussed by the committees, and we make it a rule to

the Four Lintec Safety Principles.

seek employee input. Regarding the outcomes of the committee
meetings, the head of each site has the responsibility and authority to

Each fiscal year, the Lintec Group formulates annual plans for safety andmake the final decision. After Safety and Health Committee and Healthhealth activities. The plans indicate top management policies and set

Committee meetings conducted at each business site, employees’

priority action items to realize the policies, including safety patrols, risk

opinions submitted at these events are recorded in the proceedings,

assessment , and safety education. More specific activities and targets

and relevant information is communicated to all employees.

*6

Governance Report

Annual Safety and Health Plans

Creating a Culture of Safety and Health at Lintec
Culture of safety and health1) Safety is the top priority. 2) Everyone shares the same level of awareness toward safety. 3) Create a culture where everyone can follow the rules easily.

Goals of safety and health activities

1

Activities to reduce safety
and health risks

1) Risk assessment
2) Near-miss activities
3) Analysis of occupational accidents
4) Information sharing, etc.

1) Prevent occupational accidents (safety) 2) Provide a safe and healthy workplace (security) 3) Stay accident-free

2

Activities to increase
the level of safety and health1) 5S activities
2) Safety and health patrols
3) Risk prediction activities
4) Education and training for safety
and health, etc.

3

Activities to manage
safety and health

1) Formulation of safety and health plans2) Safety and Health Committee
3) Mutual safety audits
4) Review by top management
5) Corporate Safety Convention, etc.

4

Activities for the safetyof machinery

1) Safety check for all facilities
2) Promotion of measures to enhance
intrinsic safety and ensure engineered
safety, etc.

Constant improvement of the four types of activities
Four Lintec Safety Principles
Finger pointing and callouts

Never touch a moving rotating machine*3 BCP: BCP stands for a Business Continuity Plan. It is a plan developed in advance to enable theminimization of damage and the continuation or early resumption of business in the event that acompany encounters an emergency situation such as an accident or disaster.
*4 Conflict Minerals: Metals derived from conflict minerals defined in the Dodd-Frank Wall Street
Reform and Consumer Protection Act include tantalum, tin, tungsten and gold.

Cue colleagues during a collaborative task

Stop the machine in the event of trouble*5 ISO 45001: International standard for occupational health and safety management systems*6 Risk assessment: Evaluating risks to set safety standards

21

Human Rights and Diversity
For more detailed information,please visit our CSR website. (in English)
SearchLintec Human Rights

Lintec Group’s ApproachAll employees of the Lintec Group work together under the company motto, “Sincerity and Creativity.” To ensure that all employees
have the opportunity to engage in equally rewarding work, the group respects the diversity*1 of its employees and prohibits any kindof discrimination, including that based on race, creed, gender, education, nationality, religion, age, origin, physical disabilities, native
inhabitation, immigrant status, sexual orientation, or gender identity. In 2011, Lintec joined the United Nations Global Compact, whichseeks to eliminate the use of child and forced labor. The Lintec Group will continue to promote diversity so that all employees can growthrough mutual understanding and respect.

Increasing Career Development Opportunities
for Female Employees

Number of employees by gender: LINTEC Corporation[Male] 2,248*[Male] 2,248*

Following the action plan based on the Act on the Promotion of
Female Participation and Career Advancement in the Workplace

(86%)
(86%)

(Phase 2), Lintec has established targets for the period from
April 1, 2019 to March 31, 2022 to increase career development

Total employees
Total employees

2,618
2,618

Managers 495 (98%*2)
Managers 495 (98%*2)

opportunities for female employees.

[Female] 370*
[Female] 370*

(14%)
(14%)

Managers 9 (2%*2)Managers 9 (2%*2)

The company aims to raise the average percentage of females
in the total number of new hires (graduates from a junior college

Number of employees by gender: Lintec Group (incl. non-consolidated companies)or technical college/university/graduate school) to over 35%. The
percentage of female employees hired in fiscal 2020 stood at 40.4%.
We have also set a numerical target for the number of female[Male] 4,801*[Male] 4,801*

(77％)
(77％)

managers/supervisors, namely, to increase the percentage by 10%
from the fiscal 2018 level. Fiscal 2020 saw an increase by 27%,

Managers 844
Managers 844

indicating steady progress.
In addition, we hold interviews with young female employees
hired at the Head Office on an ongoing basis (in their fourth and(86%*2)(86%*2)

Total employees
Total employees

6,199
6,199

[Female] 1,398*[Female] 1,398*

(23％)
(23％)

Managers 141 (14%*2)
Managers 141 (14%*2)(Outside Japan: as of December 31, 2020; In Japan: as of March 31, 2021)

seventh year) to support their career development.
Use of programs*
Program

FY2018FY2020My Next Stage

Family care leave program (persons)

1

0

1

Family care time off (persons)

3

2

3

After a stint at the General Affairs

Accumulated time off (persons)◆

89

92

71

& Legal Department, I worked onChildbirth leave (persons)

19

20

14

Leave for spouse giving birth (persons)◆

57

51

56

recruitment, training, and diversity

Childcare leave (persons)

39

41

34

promotion at the Human Resources

2

3

3

Department. Since returning toPercentage of childcare leave taken (%)

24.1

21.6

15.8

work from childcare leave, I have

(Male employees)

3.1

4.4

3.0

Return to work after taking time off for childcare leave (%)

100

100

93.3

been working on remuneration

Child nursing care time off program (persons)◆

9

13

7

Shorter hours/ﬂex time (persons)

45

57

62

my own experience, I would like

Paid social contribution time off (persons)◆

38

22

12

to contribute to the creation ofPercentage of paid leave taken (%)

65.2

66.5

61.7

programs and a workplace that are

Average number of days of paid leave taken

12.2

12.4

11.8

satisfying and employee-friendly.

(Male employees)◆ indicates a leave system that can be used for the purpose of childcare
Organization covered: LINTEC Corporation*1 For diversity, see page 08.

22

FY2019and social insurance. Drawing on*2 Percentage of each gender in management positions

Noriko Nakamura
Human Resources Department

Respect for Human Rights in Labor Managementand Education
The Lintec Group believes that compliance forms a foundation forits

discussed and implemented multifaceted initiatives to create acomfortable workplace.

activities and thoroughly adheres to both social rules and relevant

Mental Health Measureslaws and regulations in and outside Japan. This also applies to the

The Lintec Group has introduced a precautionary Employee

recruitment and treatment of employees. Labor management is

Assistance Program (EAP)*3 that provides employees withperformed in accordance with relevant laws. Unfair discrimination,

opportunities to obtain a mental health checkup once a year.

child labor, and harassment are prohibited.

Through this checkup, employees come to understand their own

Lintec incorporates human rights education into its rank-based

stress level, which is useful for personal mental health management.

training programs. So far, the company has held a training session on

The manager of each business unit receives the results and analysis

the theme “UN Global Compact and CSR,” and provided training on

for employees in the unit, and takes appropriate improvement

sexual harassment and workplace bullying.

measures as needed. In fiscal 2020, the checkup was offered acrossgroup companies in Japan to a total of 3,729 employees, 91.2%

Work-life Balanceof whom actually received it. The Lintec Group has also set up
an employee support hotline that employees and their families

perform their jobs with peace of mind and exercise the full range

can contact directly to talk confidentially with a specialist aboutof their abilities. For creating workplace environments where

their worries, including in relation to physical and mental health,diverse employees can make active contributions and promoting

childcare, nursing care, legal issues, or personal finances.

Social Report

Achieving work-life balance is indispensable to help employees

career development, we have revised the work regulations andEnvironmental Report

Community Participation
For more detailed information,please visit our CSR website. (in English)
Linec Local Communities

SearchLintec Group’s Approach
Recognizing that it is part of society and local communities, the Lintec Group is engaged in various initiatives to contribute to society

Global Activities

To help tackle COVID-19, Madico, Inc. provided masks, clean

The Lintec Group carries out social contribution activities in locations

room suits and boots, sanitizers, etc. to medical institutions in

where it operates.

Florida. The company also developed a mass production system for

Governance Report

while ensuring harmonious co-existence with society.

face shields that use its film materials.
The Lintec Group will continue to engage in social contribution

My Next Stage

activities rooted in the community.

To support children living in a
asked our employees for donations,

Breakdown of Community
Support Expenses (FY2020)and used the money to purchaseIn fiscal 2020, expenses forgift vouchers that can be used at

educational support accounted forlarge supermarkets. In addition, weover half of the total expenses. We

children’s home in Kaohsiung, we

made a donation to a foundationthat supports the children.

Pao-Ya Ke
Lintec Advanced Technologies(Taiwan), Inc.

Community
supportSports

4.8%

0.3%

Total

13.38

also provided support for welfare

million yen

and sports.
Welfare31.4%

Education

63.5%

Scope: Lintec Corp.

*3 Precautionary EAP: An employee program that aims to improve productivity through the creationof comfortable workplaces and by focusing on precautions for healthy employees in addition toaddressing the concerns of employees who already have a health issue

23

Global
CSR Report

Environmental Activities
LINTEC (SUZHOU) TECH CORPORATION

Each of our group companies outside Japan is promoting
community-based CSR activities to fulfill our responsibility
as a global company. Due to the COVID-19 pandemic,
restrictions were imposed on various activities in fiscal
2020, resulting in cancellations of some events. Thissection features activities that were able to take place.

For more detailed information, please visit our CSR website. (in English)
Lintec CSR activities at group companies outside Japan

LINTEC SPECIALITY FILMS (TAIWAN), INC.
Zhengwu Wang
Printing Department

Old and new waste rags

Shin Ji Eun
Manufacturing
Department

Location: Pyeongtaek-si, Gyeonggi-do, South Korea
Number of employees: 127
Main business activities: manufacture and sale of electronic- andoptical-related products

Our employee benefits include coffee machinesthat can be used for a small fee. We add company
funding to the revenue earned from the machines
and spend the money on CSR activities. In fiscal
2020, we donated the revenue to Doctors Without
Borders, which engages in medical relief work, totackle COVID-19.
Letter of appreciationfrom the childcare facility

Ji-Hun Lim
Planning Management
Department

Letter of appreciation from
Doctors Without Borders

Social Activities

PT. LINTEC INDONESIA

PT. LINTEC JAKARTA
Ernawan Setyanto
Purchasing Department

In May 2020, we made a donation to 32 orphans
who live near our plant. We would normally
invite the orphans to the plant, but in fiscal
2020 employees who live in the neighborhood
visited each orphan individually to deliver the
donation in order to avoid the three Cs during the
COVID-19 pandemic.

Location: Jakarta, Indonesia
Number of employees: 14
Main business activities: sale of printing- and industry-related products

Since the COVID-19 outbreak started, we havebeen making sure that employees understand andobserve three principles: wearing masks, washinghands, and social distancing. We also put up posters
showing measures to prevent infection and createda group chat that provides updates on the latest
COVID-19 information.
Delivering the donation toan orphan at her house24

The second tabletop exercise

LINTEC SPECIALITY FILMS (KOREA), INC.

Social Activities

Location: Bogor, Indonesia
Number of employees: 127
Main business activities: manufacture and sale of printing- andindustry-related products

To ensure that we can follow the BCP, we conductedtabletop exercises in June 2020 and March 2021,
assuming that COVID-19 was reported at ourcompany. Solutions to the issues found in the firstexercise were reviewed in the second exercise. We
will continue to increase our response capabilities
through exercises.

Wen-Chieh Cheng
Environment &Safety OfficeSocial Activities

LINTEC KOREA, INC.

Our company has a volunteer organization called
the Onmaum Association. We engage in volunteer
activities every year and in fiscal 2020 we madedonations with no face-to-face contact in light ofthe spread of COVID-19. Donations collected fromour employees were delivered to a residential
care facility for the severely disabled and achildcare facility.

Location: Tainan, Taiwan
Number of employees: 89
Main business activities: manufacture and sale of electronic- andoptical-related products(Left: old waste rags,
Right: new waste rags)

Social Activities

Location: Cheongju-si, Chungcheongbuk-do, Korea
Number of employees: 111
Main business activities: manufacture and sale of electronic- andoptical-related productsPlanting cherry trees

Social Activities

LINTEC PRINTING & TECHNOLOGY(TIANJIN) CORPORATION

As part of our initiatives to achieve waste(hazardous waste) reduction, which is theenvironmental target set based on the ISO 14001
standard, we started to use new waste rags fromthe second half of 2020 for three printing machines.
The change reduced the amount of hazardous waste
treated after ink cleaning, as well as the amount of
actual waste rags used.

In March 2021, we participated in a local treeplanting initiative. More than 20 companies andabout 500 people participated in the initiative andplanted 600 trees spanning a range of varieties.
About 50 people (employees and their families,etc.) participated from our company and planted
20 cherry trees near Zhongfeng Temple at Tianping
Mountain, Gaoxinqu.

Fang Ying
Materials Department

SearchEnvironmental Activities

Location: Tianjin, China
Number of employees: 97
Main business activities: manufacture and sale of printing- andindustry-related products

Location: Suzhou, Jiangsu, China
Number of employees: 170
Main business activities: manufacture and sale of printing- andindustry-related products and paper- and processing-related products

Sitha Damayanti
General Affairs and Human
Resources

Group chat (distributed flyers
about vaccination and otherinformation regarding COVID-19)

Social Activities

Social Activities

LINTEC INDUSTRIES (MALAYSIA)
SDN. BHD.
Location: Penang, Malaysia
Number of employees: 102
Main business activities: manufacture and sale of electronic- andoptical-related products

LINTEC INDUSTRIES (SARAWAK)
SDN. BHD.
Ainunisa Binti Su
Human Resources

In August 2020, we held a seminar on the revised
Lintec Group Compliance Guidelines for all
employees. Thorough measures to prevent the
spread of infection were taken, such as wearing
masks and leaving space between seats. All
participants passed the test after the seminar.
Attending the seminar

Environmental Activities

LINTEC (THAILAND) CO., LTD.
Chen-Jung Liao
Quality Assurance
Department

Children enjoying the meal
prepared by our employees

Social Activities
MADICO, INC.
Location: Florida, U.S.A.
Number of employees: 196
Main business activities: manufacture and sale of printing- andindustry-related products

Aya Killgo
CSR Committee

In 2020, we donated food to the Florida Dream
Center for the Thanksgiving holiday in lateNovember. We also donated toys and hygiene
products to the Lealman Police Athletic League,
which supports low-income families.
Separating cardboard andplastic materials

Governance Report

Luis Plata
Mechanical Engineer

Social Activities

Donated goods

Social Activities

VDI, LLC
Location: Kentucky, U.S.A.
Number of employees: 39
Main business activities: manufacture and sale of printing- andindustry-related products

Kanokwan Lomchan
HR & Admin

Environmental Report

Picking vegetablesin the greenhouse

LINTEC OF AMERICA, INC.
Nano-Science & Technology CenterWe take various measures to be friendly to
local communities and the global environment.
Specifically, we cut energy consumption by installing
LED light bulbs with timers, promote recycling byseparating cardboard and plastic materials, andproperly dispose of waste in cooperation with thelocal government.

Location: Chachoengsao, Thailand
Number of employees: 189
Main business activities: manufacture and sale of printing- andindustry-related products and paper- and processing-related products

In February 2021, we took a company trip to Khao
Yai in Nakhon Si Thammarat Province, a popular
tourist site in Thailand. During the trip, we visitedan institution that supports disadvantaged children.
Working as volunteers, we made and served lunch
for the children.

Environmental Activities

Location: Texas, U.S.A.
Number of employees: 28
Main business activities: research and development

Donated goods

Social Report

In July 2020, employees of our company and theirfamilies, etc. enjoyed an aquaponics experience ata farm in Kaohsiung. Aquaponics, which integrates
the raising of fish with the growing of vegetables,
is a form of circular agriculture. By picking
greenhouse vegetables, feeding chickens, andcollecting eggs, the participants got to experience
the cycle of nature.

Most of our company’s CSR activities took place
outdoors until fiscal 2020, when we cancelled
outdoor activities due to the COVID-19 pandemic
and made donations instead. In November 2020,
we donated 6,000 masks, 44 cans of disinfectant,and three contactless thermometers to a school
attended by children of our employees.

James Rigas
Maintenance Technician

Social Activities

LINTEC ADVANCED TECHNOLOGIES(TAIWAN), INC.
Location: Kaohsiung, Taiwan
Number of employees: 87
Main business activities: manufacture and sale of electronic- andoptial-related products

Location: Sarawak, Malaysia
Number of employees: 24
Main business activities: manufacture and sale of electronic- andoptical-related products

MACTAC AMERICAS, LLC
Toni Doughty
CSR Committee

Our company supports the activity of Dare to Care
Food Bank, which offers food to households
suffering from food insecurity. In fiscal 2020, we
helped by inspecting food donated from local
grocery stores and putting together packages,
although due to the COVID-19 pandemic only threeof our employees were able to participate.

Location: Ohio, U.S.A.
Number of employees: 441
Main business activities: manufacture and sale of printing- andindustry-related products

Brittany Eppley
Corporate Marketing
Communications Manager

As part of a children’s hospital’s “Adopt A Family”
program, we participated in gift giving to help
children in palliative care and their families enjoy
Christmas. We donated clothes, toys, and household
goods to families in eight areas.
Donated goods
CSR team that took partin the support activity

25

Climate Change Mitigation and Adaptation
For more detailed information,please visit our CSR website. (in English)
Lintec Climate change mitigation and adaptation

SearchLintec Group’s Approach
The domestic Lintec Group is committed to carrying out various environmental activities to mitigate climate change and otherenvironmental issues that impose risks on the continuity of its business.

Lintec Group Quality, Environmental andBusiness Continuity Policy
The Lintec Group sets forth its Basic Policy in the Lintec Group
Quality, Environmental and Business Continuity Policy. To practicespecific activities, the Group has drawn up a Quality Policy,
Environmental Policy, and Business Continuity Policy, as well as
Action Guidelines for each. For climate change mitigation andadaptation, based on the Action Guidelines for Environmental Policy,
we promote the development of environmentally friendly products at
the research division, and work to reduce VOC*1 and CO2 emissions,energy (electricity and fuel) usage, and waste discharge, among
others, at the production division.

Environmental Management System
Based on the Lintec Group Quality, Environmental and BusinessContinuity Policy, the Lintec Group proactively works on conservationof the global environment. With regard to worldwide integrated ISO
14001 certification, in fiscal 2020 we underwent a renewal audit andreceived a certificate of approval (issue 14). We have been promoting
information sharing among 12 domestic sites and 10 overseas sites
covered by the integrated certification. We also underwent thirdparty verification regarding electric power consumption, production
water usage, CO2 emissions, waste discharge, and VOC emissions.
The verification found no important issues requiring correction.
For biodiversity conservation, we continue to engage in relevant
activities, such as tree planting and beach cleanups. To reduce
marine plastic waste, LINTEC Corporation has also been a member of
CLOMA*2 and is making efforts as a corporate citizen to propose andpromote environmentally friendly products.

Efforts to Address Climate Change
In fiscal 2020, total energy use (crude oil equivalent, coveredby the Energy Conservation Act) for the Lintec Group in Japan*3
decreased from the previous year due to a decrease in production
volume. Meanwhile, energy use per unit of production increased
to 0.312 kl per ton. CO2 emissions were 148 thousand tons, downfrom 163 thousand tons in fiscal 2019. In fiscal 2021, Lintec aims
to reduce its CO2 emissions and electricity consumption by 1.0%
each on a per-unit-of-production basis compared to fiscal 2020 byfacilitating the use of low-carbon electric power.

26*1 VOC: VOC stands for volatile organic compounds. VOC collectively refers to organic compounds
that become gas in the atmosphere.
*2 CLOMA: CLOMA stands for Clean Ocean Material Alliance. It is a platform to promote thesustainable use of plastic products and development and introduction of plastic alternatives, and toaccelerate innovation through public-private partnerships, toward the reduction of marine plastic
litter. CLOMA was established under the initiative of the Ministry of Economy, Trade and Industry.

Product Development Initiatives
The Lintec Group strives to develop products intended to reduce
environmental impact. The group also works to reduce impact on theenvironment by introducing LCA*4 at all stages from product design
to disposal.

Medium-Term Targets (2020 to 2022) and Results
Scope: Lintec Corp.
FY2020 results

Item

TargetCO2 emissions

1% reduction from the previous year
(per unit of production)

4.9%

Achieved

Electric power
consumption

1% reduction from the previous year
(per unit of production)

0.6%

Not achieved

Production waterusage

1% reduction from the previous year
(per unit of production)

8.5% increase

Not achieved

Waste discharge

0.1% reduction from the previous year

3.3% increase

Not achieved(year-on-year reduction)(Paper production at the Kumagaya and Mishima plants)

In fiscal 2020, CO2 emissions and electric power consumption
decreased due to a reduction in production volume caused by
the spread of COVID-19. Efficiency also declined slightly. We did
not achieve the target for production water usage as the amountof water used for washing increased to fulfill orders for a wide
variety of products sought in small quantities. We will redouble our
reduction efforts by devising a better method of reusing water used in
manufacturing one product for producing another product. We aim to
reduce waste discharge by making improvements to increase the yieldrate and ensuring comprehensive classification. In addition, we aim to
improve the final disposal rate through the effective use of waste.

My Next StageWe have been working on energysaving activities, such as efficient
operation of production facilities,
recovery of exhaust heat, andimprovement of the air-conditioning
system, and have actively introduced
renewable energy. We will continue
to address environmental issues
from the perspectives of climatechange, circulative resources, andco-existence with nature.

Tsuyoshi Kariya
Environmental &Safety Department*3 For the Lintec Group in Japan, see page 17.
*4 LCA (Life Cycle Assessment): A method for comprehensively assessing effects on theenvironment by calculating items such as the amount of energy and water input, the amountof raw materials used, and the amount of CO2 and hazardous chemical substances emitted
throughout a product’s lifecycle

Material Flow Organizations covered: LINTEC Corporation (Head Office, 10 production sites, and Research Center) and Tokyo Lintec Kako, Inc.

INPUT
Pulp

91,600 tons

OUTPUT

Business
Activitiesof Lintec

Specialty papers

Processing materials(release paper, etc.)

Paper

50,000 tons

Products

33,100 tons

Adhesive
products

Film

95,000 tons

Adhesive-related
equipment

37,500 tons
AdhesiveRawmaterials

Waste generated

20,600 tons
Release agents

Raw material
procurement

1,000 tons
29,000 tons*

Waste emitted

Waste

2,400 tons

Effective external utilization 8,800 tons•

Incineration•

Final landfill disposal

3,100 tons
200 tons

R&D

CO2

148,000 tons*

Other chemicals
SOx32,300 tons
Mechanical parts

9.4 tons

NOx

28.4 tons

Soot and dust

Purchased power

136,000 MWh*

Substances subject
to the PRTR

(Crude oil equivalent 34,000 kl)

Fuel (crude oil conversion)

43,000 kl

Sales

Effluent

Release into
water bodies(Kumagaya Plant,
Mishima Plant)

13.1 tons
900 tons

5,246,000 m *3Environmental Report

Manufacturing

Emissions
into theatmosphere

8,900 tons
7,500 tons
Social Report

9,300 tons

Energy12,100 tons•

Effective internal utilization
Sale of valuable materials

Organic solvents

500 tons

61,000 tons

Self-generated electricity

54,000 MWh

Industrial-use water

Water

7,951,000 m *3

Breakdown of CO2 emissions
Scope 1*5
Direct emissions• Bunker-A oil • Utility gas•

Scope 2*6
Indirect emissions from energy• Electricity

LPG etc.

85,400 tons CO *262,600 tons CO *2

Governance Report(Crude oil equivalent 14,000 kl)

As figures with * are information collected based on the Energy Conservation Act, they have undergone third-party verification by SGS Japan, Inc.

Product Development Initiatives

Efforts in Distribution

Energy use by the entire Lintec Group in Japan exceeds 1,500 kl ofcrude oil equivalent each year. As a result, the Group was designatedas a “specified business operator,” pursuant to the provisions of the
Act on the Rational Use of Energy (“Energy Conservation Act”) inJapan, and is required to improve its energy use per production unit
as well as its weighted electricity use per production unit (for reducing
peak hour demand) by 1% per year. In fiscal 2020, the Lintec Groupin Japan implemented a variety of energy-saving measures, such as
effective operation of production facilities and boilers, air-conditioning
control, and promoting the introduction of LED lighting. Due tothe progress in energy saving, some business sites that have been
designated as “specified business locations” may be reclassified to adifferent designation category or removed from the designation.

Lintec does not have distribution and transportation sections but isa “Designated Shipper” under the Revised Energy Conservation Act
in Japan because it consigns the transport of more than 30 million
ton-kilometers*7 annually. As a Designated Shipper, Lintec submits
an annual report to the government in accordance with this Act.
In fiscal 2020, the volume of transportation decreased by 5.3%
(5,007 thousand ton-kilometers) from the previous year, and CO2
emissions also decreased by 4.9% (505 t-CO2). Energy use per unit oftransportation increased by about 0.5%. We will continue to improve
our distribution system and transportation loading efficiency, withthe goal of reducing environmental impacts.

*5 Scope 1: Direct CO2 or other greenhouse gas emissions from the consumption of purchased gas
and liquid fuels, such as liquid natural gas (LNG), liquid petroleum gas (LPG), utility gas, kerosene,light oil, and gasoline*6 Scope 2: CO2 or other greenhouse gas emissions generated by other companies in the productionof energy, such as electricity and steam, purchased by the reporting company*7 Ton-kilometers: A unit of cargo transport amounts, computed by multiplying the cargo tonnage by
the transportation distance. Transporting 1 ton of cargo over a distance of one kilometer equals
one ton-kilometer.

27

Reducing Waste and Water Usage
For more detailed information,please visit our CSR website. (in English)
Lintec Reducing Waste

SearchLintec Water Usage

SearchLintec Group’s Approach
In order to help realize a recycling-oriented society, the Lintec Group is working to reduce waste. It is also striving to save water, reuse
waste water, while complying with the effluent control regulations and improving the quality of effluent generated.

Reducing Water Usage and Effluent

Efforts for Zero Emissions*1

In fiscal 2020, Lintec used 7,591 thousand m3 of water. Of thisIn fiscal 2020, the amount of waste generated, including

amount, about 88% was used by the Kumagaya and Mishima plants,

manufacturing loss, at Lintec was 29,000 tons. The total waste

which are Lintec’s Fine & Paper Products Operations. Water usage

output was 12,100 tons. Of this waste output, 8,800 tons wereper unit of paper production was 51.04 m3/t. Lintec was unable torecycled by outside recycling companies and the remaining

achieve the target of a 1.0% reduction on a year-on-year basis. Water

3,100 tons were properly disposed of by waste disposal companies.

usage per unit of production increased due to the necessity of using

The final landfill disposal rate*2 for fiscal 2020 was 0.54%,

water in washing for paper change, although a decrease in quantity

achieving the target final landfill disposal rate of 1.0% or less.

for each product reduced the production volume. The target in fiscal

Lintec’s target from fiscal 2020 to fiscal 2021 is a 0.1% reduction in

2021 is a 1.0% reduction per unit of production from the previous

the amount of waste generated, on a year-on-year basis.

year. The plants will make continued efforts to reduce water usage
and effluent discharge in each process and prevent water leaks.

Organizations covered: LINTEC Corporation (Head Office, 10 production sites, and ResearchCenter) and Tokyo Lintec Kako, Inc.

Water usage and effluent discharge

Category
Total water usage (calculated by source)● Tap water

FY2020 (1,000 m3)
7,951

Effective internal utilization 8,900 tons

531

● Industrial water

3,660● Groundwater

3,760

Effluent

Flow of waste (FY2020)

Waste
generated
29,000 tons

Sale of valuable materials

7,500 tons
Waste recycled
25,200 tons in total

Total waste
output12,100 tons

6,163

Effective external utilization 8,800 tons

Incineration 3,100 tons

Waste externally disposedof 3,300 tons in total

Final landfill disposal 160 tons

My Next Stage
Waste generated
Organizations covered: Lintec Corporation (Head Office, 10 production sites, and ResearchCenter) and Tokyo Lintec Kako, Inc.

The Kumagaya Plant has beenworking on the collection andTotal amount generated:recycling of cooling water used

Waste paper
Sludgefor machinery, as well as on thethe washing process. As a result,30

water usage per unit of production

25

in fiscal 2020 decreased by20

11.5% from the fiscal 2013 level.

15

Going forward, we will work withHidetomo Inouerelevant departments for further

Fine & Specialty Paper
Production Department
Kumagaya Plant*1 Zero emission: Lintec’s standard is a final landfill disposal rate of one percent or less.

28

29.0 thousand tons

Waste oil

(1,000 tons)
35

proper management of water forwater saving.

Waste plastic
Other

10
5
0

30.2

29.9

28.9

29.0

3.9

28.1

4.5

3.8

3.3

5.0
1.5
4.8

5.2

6.9

5.5

5.5

5.1

1.4
4.8

1.5
4.8

4.4
1.3
5.3

14.4

14.2

13.4

13.0

11.1

2016

2017

2018

2019

2020

1.5

(FY)

*2 The final landfill disposal rate is a value found using the following formula: Final landfill disposal
rate = Final landfill disposal amount/Amount of waste generated × 100.

Reduction of Environmentally Hazardous Substances
For more detailed information,please visit our CSR website. (in English)
Lintec Reduction of Environmentally Hazardous Substances

SearchLintec Group’s Approach
The Lintec Group complies with relevant laws and regulations in and outside Japan and strives to reduce its use of chemical substancesthat have an impact on the environment.

Compliance with PRTR*3

solvent-free adhesive for printing-related adhesive products to
reduce the amount of organic solvents it uses. In fiscal 2020, thepercentage of solvent-free release paper (production basis) was
56%. The percentage of solvent-free printing-related adhesive
products (sales basis) was 77%. The percentage of solvent-free paper
and products remained at the same level as in the past.
Lintec has completed the installation of exhaust gas treatment
facilities, and will continue to ensure reliable management oftreatment facilities, manage the percentage of solvent-free products,
and develop and promote sales of solvent-free products to further
reduce its environmental impact.

Printing-related adhesive products

100
80

54

55

56

2018

2019

2020

73

56

55

2016

2017

20
0

(FY)

Notes: 1 Percentage of solvent-free printing-related adhesive products = quantity of solvent-free printingrelated adhesive products sold/quantity of all printing-related adhesive products sold × 100
2 Percentage of solvent-free release paper = quantity of solvent-free release paper produced/
quantity of all release paper produced × 100

My Next StageTo maintain the performanceof exhaust gas treatment
facilities, we measure theVOC level twice a year anduse continuous monitoring
devices. In the manufacturing
process, we work to reducethe concentration of gas by
cutting the use of diluent
solvents. We thus implement

Reducing VOC*6

the PDCA cycle from every

Lintec is reducing VOC. In product design, Lintec is working on
switching to a solvent-free release agent for its release paper andangle to reduce VOC.

*3 PRTR: The PRTR (Pollutant Release and Transfer Register) is formally named the Act on
Confirmation, etc. of Release Amounts of Specific Chemical Substances in the Environment andPromotion of Improvement to the Management Thereof.

77

74

Governance Report

Lintec has specified substances subject to environmental impact
examinations, and examines these substances in the raw materials
it purchases. The company properly grasps and manages its use ofchemical substances to comply with related laws and regulations,and communicates information to customers. Under the REACH
Regulation*4, additional substances have been included in the
Candidate List of substances of very high concern (SVHCs), on which
information must be communicated. As a result of the 24th update,there are now a total of 211 SVHCs on the REACH Candidate List.
Meanwhile, the RoHS Directive*5 was revised to expand thescope of its application. In the revised RoHS Directive, four phthalate
esters were specified as restricted substances, in addition to the six
substances whose use had already been regulated. The four new
substance restrictions were brought into effect in July 2019. Lintec is
working on switching over to raw materials containing no phthalate
esters to ensure that its products are friendly to the environment.

78

73

60
40

Complying with EU Regulations Concerning
Chemical Substance Management andEnvironmental Preservation

Release paper(%)

Environmental Report

Percentages of solvent-free printing-related adhesive products and release paper

Social Report

In fiscal 2020, Lintec reported the use of toluene, xylene, and othersubstances designated under the PRTR, and the total quantityof these PRTR chemicals was 6,692 tons. Toluene accounted forapproximately 99%, the largest portion of the total amount,standing at 6,614 tons, down 1,038 tons from the previous year due
to a decrease in the production volume. Emissions of toluene into
the atmosphere were 399 tons, down 65 tons from the previous
year, and the transferred amount was 496 tons, down 133 tons fromthe year before. While the overall amounts of use and emissions fell
due to the decrease in production volume, the transferred amount(amount of effluent) increased, presumably because the numberof washes increased due to the smaller quantity for each product.
Lintec has installed treatment facilities to remove atmosphericemissions of organic solvents. Its plants are not permitted to
manufacture products without operating these treatment facilities. In
fiscal 2020, there was no case where a plant did not operate thesetreatment facilities during production.

Kanji Omoto
Assistant to the Plant Manager
Shingu Plant*4 For REACH Regulation, see page 20.
*5 For the RoHS Directive, see page 19.
*6 For VOC, see page 26.

29

Practicing Sincerity
For more detailed information,please visit our CSR website. (in English)
Lintec GovernanceSearchLintec Group’s Approach
The Lintec Group regards the basics of corporate governance to be the practice of thoroughgoing compliance, maximum managementtransparency, awareness of corporate ethics, rapid decision-making, and efficient administration of business operations. The Lintec Groupaims to increase its corporate value by continually improving its corporate governance and common benefit to shareholders.

Corporate Governance Framework (as of June 21, 2021)

committee checks the validity of remuneration and personnel affairs

For organizational design*1, Lintec has chosen to be a company withof corporate officers, as well as makes general recommendations on

an audit and supervisory committee, and appoints directors as

corporate governance. Of the 12 directors, two are in their 70s, five

Audit and Supervisory Committee members to enhance the function

are in their 60s, and the other five are in their 50s.

*2

of supervising the Board of Directors, with the aims of stepping up

Furthermore, the company has established a sustainability

corporate governance and improving management further.

promotion system and the new Sustainability Committee.

The company has 12 directors, three of whom are members of theCommittees related to ESG and the SDGs have been reorganized,

Audit and Supervisory Committee. Also, Lintec has five outsideand subcommittees have been established.

directors (three men and two women), including four independent
outside directors (two men and two women). Of these four, twoCompliance with the Corporate Governance Code*3

directors (one man and one woman) serve as Audit and Supervisory

Lintec complies with the Corporate Governance Code. Thus far,Committee members.

referencing the code, the company has taken various measures,With the adoption of the executive officer system, Lintec

such as the implementation of PDCA cycles through evaluating theseparates the function of directors in charge of making decisions

effectiveness of the Board of Directors, and the establishment of theon important management issues from that of executive officers in

Corporate Governance Committee.
Lintec will continue to comply with and implement the Corporatecharge of business operations.
In addition, the Corporate Governance Committee, comprising

Governance Code. In light of social circumstances and the progress

independent outside directors, a representative director, and a legalof its initiatives, top management and outside directors of Lintec also

advisor and chaired by an independent outside director, has been

hold discussions on areas of deficiency to continue the company’s

established as an advisory body for the Board of Directors. The

improvement efforts.

Corporate Governance System

General Meeting of Shareholders
Appointment/dismissal

Appointment/
dismissal

Appointment/
dismissal

Decision making

Auditing/supervising

Board of Directors[Directors]

Directors as
committee members* Members include outside directors

Instruction/
consultation
Reporting/recommending/proposal

Environmental Committee

Audit andSupervisory Committee Cooperation

Consultation
Advice/suggestion

Corporate Governance Committee[Independent Outside Director & Representative Director]

President
Social & Governance Committee
Corporate Risk
Management Committee
SDGs Committee

Management meetings
Reporting
PromotingAccount auditing
Internal control auditing

Cooperation

Reporting[Directors and executive officers]

Operations/Group companies

Internal auditing

Audit Office

Operational implementation30*1 Organizational design: Determining the structure of organizations (e.g., shareholder meeting,board of directors) in charge of decision-making or operation of a joint-stock company*2 A company with an audit and supervisory committee: A stock company where its audit andsupervisory committee, comprising more than three directors (with outside directors as a majority)
as committee members, audits and supervises how directors administer business operations*3 Corporate Governance Code: A compilation of key principles in the form of a code that listedcompanies in Japan are expected to comply with to enhance corporate governanceIndependent Auditors

Sustainability Committee

Risk Management

Establishing the Counseling Desk

The Lintec Group established the Corporate Risk Management(for Internal Reporting and Harassment Consultation)

Committee in April 2018 to further enhance its risk management

The Lintec Group has a helpline (internal reporting system) to enablesystem. The committee consists of executive general managers andemployees to report, without any disadvantage, any serious legal

general managers of offices under the direct control of the president,or ethical violations that they identify. Lintec added a third-party

and holds meetings on a regular basis.

lawyer to the helpline system to facilitate prompt investigations

We revamped and strengthened our sustainability promotion

while protecting reporters and reported details. In addition, Lintec’ssystem in April 2021, and redefined the purpose of the committee as

harassment counseling desk has been in operation to improve“to comprehend business risks and opportunities, establish policies

working environments.

to respond to them, and implement and verify the policies within
the corporate structure.” Agenda items brought up by each member

Global Surveys on Human Rights and Labor Standards

and information based on annual risk clarification by managers,

The Lintec Group conducts a survey of all Group companies once a

etc. constitute the main components of the input to the committee.

year to monitor working conditions and human rights.
The survey covers a wide range of items, including legal

to the Board of Directors every quarter to share information andcompliance, elimination of discrimination, respect for human rights,

receive instructions. In collaboration with other committees, we willprohibition of child labor, prohibition of forced labor, wages, working

continue to intensify our efforts to improve our risk management

hours, dialogue and negotiation with employees, safe/ healthy

ability, and grasp the risks and opportunities in a timely manner, toworking environments, and human resource development.

facilitate the sustainable growth of the Lintec Group.

Legal Education for Top Management and Employees

As a result of the survey in February 2021*, it was confirmedthat all sites comply with local and regional laws and regulations,that the Lintec Group Compliance Guidelines are well understoodby employees, and that Lintec employees work in a healthy anddirectors and executive officers with a top-management training

safe working environment where their fundamental human rights

program. In fiscal 2020, we held two sessions, one on the theme

are respected.

of “Business Turnaround and Roles of Lawyers” in July 2020, andthe other on “Trends on Key Audit Matters (KAM)” in January
2021. As for training for employees, we implement legal training

We will continue this regular survey every year to understandour current conditions, and improve them.

Establishing Group-wide BCMS*4

geared to mid-level employees in charge of sales. We are also

LINTEC Corporation, Tokyo Lintec Kako, Inc., and Lintec Speciality

incorporating legal seminars into annual group training programs for

Films (Taiwan), Inc. have developed a BCP*5 to allow them tonewly appointed managers and newly appointed section chiefs. In

minimize human casualties and resume business as early as possible

addition, Legal News is published six times a year to provide timely

after an earthquake or other disaster.

information related to legal affairs to employees of the Lintec Group.
These training programs and information disseminated include

Becoming certified under ISO 22301*6: 2012 in March 2014, weare operating the BCMS to maintain and improve the BCP.

anti-corruption regulations in other countries, as well as cases of

We will make continued efforts to share the BCMS among

violation. We thus help employees to enhance their cognizance of

employees to initiate and enhance activities, while repeatedly

potential legal risks lurking in daily business activities, which is

performing drills.

expected to lead to early risk detection and response.
Legal News published in fiscal 2020

Governance Reportfor salespersons (four online sessions took place in fiscal 2020)

Environmental Report

To promote understanding of corporate legal affairs, Lintec provides

Social Report

The activities of the committee have conventionally been reported

Information Security
Lintec has developed Information Security Management Rules, andPublication month

No.

Title

May 2020

34

Legal issues in business transactions amid the COVID-19 pandemic

July 2020

35

Beware of efforts to compromise business e-mail accounts!

September 2020

36

Legal risks of committing slander or disseminating fake news
(disinformation) on social media

awareness among employees concerning information management.

November 2020

37

Remote working, a new normal work stylewhen using social media in a personal capacity.

January 2021

38

Not someone else’s problem!—Export control and other regulatory
frameworks on international business transactions

March 2021

39

Summary of news between April 2020 and March 2021

*4 BCMS: BCMS stands for a Business Continuity Management System. It is a management technique
to develop a business continuity plan, based on the understanding of the current conditions of
the organization, to ensure that the businesses are continued in the event of a serious incident
that will or may have grave impact on major products/services of the organization. Drills are also
performed to validate the effectiveness of the BCP.

conducts an internal audit every year at each department based on the
Information Security Operational Rules and Internal Audit Checklist.
In addition, we have an e-learning program for performing a selfaudit of information security to promote understanding and raise
We also provide comprehensive education that includes things to note

*5 For BCP, see page 21.
*6 ISO 22301: An international standard for BCMS that a corporation or organization should follow
in establishing and effectively operating a system to prepare for earthquake, fire, trouble in the IT
system, financial crisis, bankruptcy of supplier, pandemic, or other natural disaster or accident

31

Overview of the Lintec Group
Europe

3
42

8
3,753
companies,

companies,

Netherlands

United Kingdom

Japan

Germany
Hungary

Global Network Supports
Our Activities

employees

employees
Japan

China

IsraelSouth Korea

India
TaiwanThailandIn response to the views of our stakeholders,
all employees of the Lintec Group are engaged
in CSR activities to help build a better society.

Philippines
Vietnam
Malaysia

Singapore

Asia

23

companies,

1,408

Indonesia

employees

Printing- and industryrelated segment

Electronic- and opticalrelated segment

Paper- and processingrelated segment

We provide products to which various functions

We provide products that leverage our unique

Taking advantage of paper-making technologies,

are added to suit the purpose or usage

R&D and technologies, including special tapes

we provide a wide variety of products, including:environment, including: adhesive papers andfor semiconductor chip manufacturing andcolor envelop paper and color paper in afilms for labels on household goods, food

mounting processes, devices to make thewide array of colors, function paper including

products and home electronics, tapes for fixing

best of these tapes’ properties, release films

greaseproof paper and dust-free paper for foodparts of mobile devices, adhesive products forindispensable for laminated ceramic capacitor

packaging, high-quality printing paper, andautomobiles, industrial barcode printers, labeling

manufacturing, LED-related adhesive products,

release paper and release film for protecting

machines for automatic labeling, window films

and touch screen-related products. We play aadhesive coated surfaces, as well as castingfor buildings and automobiles, materials forpart in expanding the IoT society by providing

paper used when manufacturing synthetic

outdoor signage and advertisements, marking

materials for manufacturing processes usedleather and carbon fiber composite materials.

films for decorating car bodies, and interior

in producing smartphone and other electronic

Recently, we have developed highly water-

decorative sheets.

devices and highly functional tapes required for

repellent yet printable craft paper, which is usedflash memory production.

for envelopes, wrapping and book printing. We*2continue to improve our products according tomarket needs.
Sales

Sales

Sales

Sales

Sales

Sales

Sales

(Million yen)
(Million yen)(Million yen)

(Million yen)
(Million yen)(Million yen)

150,000 150,000 150,000

100,000 100,000 100,000
88,882 90,316
88,882

121,691

122,935
121,691 122,436
122,935
121,691 122,436
122,935 122,436
115,745 115,745 115,745

100,000 100,000
85,661 100,000
85,6610

50,0002016

083,20550,00050,00083,205

Sales

90,316
88,882
81,92990,316
88,976
81,92988,976
81,92950,00088,97650,00050,00037,10838,456
37,10825,00025,00037,68938,456
37,10837,68938,45636,361

85,66150,00050,00083,205

Sales(Million yen)
(Million yen)(Million yen)

25,00037,68936,361
31,18136,361
31,181

31,181

2020
2019
2018

*1
(FY)
2020
2019

(FY)*1
2020

50,000

2017
2016

0

2018
2017
2016

2019
2018
2017

2020
2019
2018

*1
(FY)
2020
2019

(FY)*1
2020(FY)*1

0

2016

0

2017
2016

0

2018
2017
2016

2019
2018
2017

2020
2019
2018

*1
(FY)
2020
2019

(FY)*1
2020(FY)*1

0

2016

0

2016
2017

0

2016
2018
2017

2019
2018
2017

*1 See page 03 for a note on the fiscal year of consolidated subsidiaries.
*2 IoT: IoT stands for Internet of Things, which collectively refers to a wide variety of “things,” such as buildings, appliances, automobiles and medical equipment, connected to the Internet for the purpose of
exchanging information.

32(FY)*1North America

8companies,

996

employees

CanadaSales by region(Million yen)

United StatesJapan

250,942

Asia

Other

240,727

235,90249,66347,581

69,23970,938131,076

121,824

117,381

2018

2019

2020

250,000
48,740200,000
150,000

Mexico71,124

100,000
50,0000

Manufacturing subsidiary
Sales subsidiary, office(FY)

Regional headquarters
Subsidiary’s plant, branch office, and R&D center
Note: The number of employees shown here includes employeesof non-consolidated subsidiaries.

Four core technologies
Working with four core technologies (technologies for adhesive applications, for surface improvement, for system development, and for specialty papers
and release materials production), the Lintec Group develops differentiated and highly distinctive products by integrating the technologies at a high level.

Adhesive applications

Surface improvement

System development

Specialty papers andrelease materials production

By developing adhesives andvarious base materials, as wellas through their composite
technologies, we apply the basic
functions of adhesive products(attaching and releasing) to abroader range of areas.

Through chemical and physicaltreatment on the surface of
paper and film, we improvetheir performance and add newfunctions.

In addition to system development
for machines and devices, we
propose advanced solutions
through the establishment ofsophisticated systems that takeadvantage of the properties ofmaterials.

By leveraging our uniquepapermaking technologies
and technologies for coating,
impregnation, and pasting,
we develop paper with special
functions beyond those of
conventional paper as well as
high value-added materials.

Corporate Profile (as of March 31, 2021)
Company name

LINTEC Corporation

Head office23-23, Honcho, Itabashi-ku, Tokyo 173-0001, Japan

Websitewww.lintec-global.com/

Established

October 1934

Capital23.3 billion yen

Stock listing

Tokyo Stock Exchange, First Section

Sites

Sales offices: Iidabashi (Tokyo), Sapporo, Sendai, Hokuriku (Toyama Prefecture),
Shizuoka, Nagoya, Osaka, Hiroshima, Shikoku (Ehime Prefecture), Fukuoka, andKumamoto
Production sites: Agatsuma (Gunma Prefecture), Kumagaya, Ina (Saitama
Prefecture), Chiba (Chiba Prefecture), Tatsuno, Shingu (Hyogo Prefecture), Mishima,
Doi, Niihama (Ehime Prefecture), and Komatsushima (Tokushima Prefecture)
R&D facility: Research Center (Saitama Prefecture)

Business activities

Development, manufacturing, and sales of adhesive products (adhesive papers andfilms for labels, marking films, window films, semiconductor-related tapes, optical
function film, etc.); specialty papers (color envelope paper, color paper, special
function paper, etc.); processing materials (release paper, release film, casting paperfor synthetic leather, casting paper for carbon fiber composite material, etc.); andadhesive-related devices (labeling machines, semiconductor-related equipment, etc.)

Sales

Consolidated: 235.9 billion yen
Non-consolidated: 158.0 billion yen(Securities Code: 7966)Fiscal year-end

March 31

Representative

Makoto Hattori,
Representative Director, President, CEO and COO

Number of
employees

Consolidated: 4,913
Non-consolidated: 2,618(fiscal 2020)

Operating income(fiscal 2020)

Consolidated: 17.0 billion yen
Non-consolidated: 9.9 billion yen

33

Third-Party Opinion
There have been rapid changes in international trends in the disclosure ofcorporate non-financial information, as represented by mandatory disclosure
based on the TCFD recommendations and standardization of disclosure rules,
and we can say with certainty that addressing the changes has become
more difficult. The Lintec CSR Report 2021 features new initiatives, such as
the long-term vision and revised materiality, to address such changes in thebusiness environment.

Keisuke Takegahara
Executive Fellow
Research Institute of Capital Formation
Development Bank of Japan Inc.

Owing to the information added this year, the report covers key elementsof disclosure of non-financial information that are attracting attention at the
moment. In particular, putting the long-term vision at the center of the report

Different people have different ideas about materiality, as can be seenenhanced its overall consistency, which is a significant step forward. The

from the fact that many companies have difficulty choosing between

long-term vision has three key initiatives: (1) Solve social issues, (2) Foster

concentrating on the factors that affect the business model to satisfy

innovation to build a robust corporate structure, and (3) Create new products

institutional investors and focusing on multi-stakeholder initiatives. The newand businesses to deliver sustainable growth. By simultaneously presenting

materiality themes associated with the LSV 2030 are more abstract and givethe strategy to grow as the company solves issues and thereby offers value

some leeway as to how the KPIs will be set. They attach importance to theto society and the elements that support the strategy, such as the capability

dynamism that can flexibly incorporate various changes in the future, whichto create innovation and new products and businesses, the vision effectively

is an advantage consistent with the direction of the newly identified issues

suggests the sustainability of the long-term business model.

of materiality. To make the most of this aspect, I expect the company to be

The message from the president elaborates on the long-term vision,

keenly aware of creating a link between the KPIs for materiality assessment

including the discussions that took place in the formulation process, andand the determination to “solve social issues” stated in the long-term vision.

lays out a scenario for value creation in a way that is easy to understand. In

Comprehending and measuring the value (impact) brought about by solving

addition, the message emphasizes the importance of changing the way eachsocial issues through business activities and committing to it as KPIs will

employee thinks and acts. It indicates that the new framework maintains

build a more coordinated link between the vision, materiality, and value

the management style where employees are taken seriously as stakeholders.

creation scenario.

In particular, the proposal of new business ideas by the SDGs Committee

Next, more information on “people” can be disclosed. Specifically, Lintec

constitutes a system where employees take ownership of sustainability

is expected to formulate a human resources strategy to achieve the long-and the entire company is committed to promote SDGs management. The

term vision and to set KPIs related to human capital. Amid the intensifying

remarkable activities embody the stance of the President, which is to letcompetition in disclosing information on social matters, this will be an

all employees take part in future manufacturing, instead of leaving it toeffective weapon in continuing to communicate the company’s characteristics

specialized departments.

and strengths, both internally and externally.

The report should be highly regarded for its efforts to address the latest

Fiscal 2021 has been positioned as the first stage of instilling thetrends in the disclosure of non-financial information, while taking advantage

mindset of the long-term vision throughout the company and can beof the features it keeps from the past. Nevertheless, I would like to mention a

considered a good time to start a full-fledged discussion. Taking advantage

few points in expectation of further advancement.

of the company’s strength that allows a wide range of employees toFirst, the elements added this year can be linked with each other moreparticipate in the discussion, as well as the enhanced governance systemsystematically. One way to achieve this is to create a more coordinatedincluding the new Sustainability Committee, Lintec is expected to make thelink between the long-term vision and the revised materiality, using KPIs.

new direction clear to a greater extent.

Response to Third-Party Opinion
We are pleased that Mr. Takegahara has given our long-term vision and revised

and working to solve social issues through business activities. In addition,materiality a high rating.

we will be sure to meet requests for information disclosure through the

For the achievement of the long-term vision, it is important that each andevery employee proactively changes the way they think and act and takes

effective implementation of policies by the new Sustainability Committee andsubcommittees.

measures. To this end, we will familiarize our employees with the mindset of theBased on the company motto of “Sincerity and Creativity,” we will continue tolong-term vision and create an environment as typified by the SDGs Committee,

aim to be a corporate group that can contribute to realizing a sustainable world.

where diverse members engage in active discussions beyond the framework of
conventional organizations.
I believe that we can ensure the achievement of the long-term vision by
setting KPIs for progress on issues of materiality; creating coordinated links
between the long-term vision, materiality, and the human resources strategy;

34

Makoto Hattori
Representative Director, President
LINTEC Corporation

Main Channels for CSR Information

BookletActivities
of great
importance forstakeholdersWEB

Details of activities and related information
are comprehensively covered.

Activities of great importance for Lintec

CSR Report (Booklet/PDF version)

CSR Website

B
リ ン テ ック グ ル ー プ C S R レ ポ ー ト 2 0 2 1

LINTEC Corporation

LIN T E CCSR REPORT2020

LIN TECCSR REPORT

2021
本報告書の内容に関するご意見、ご質問などがございましたら、

LINTEC Corporation

Fiscal 2020 version

下記までお問い合わせください。

リンテック株式会社
サステナビリティ推進室〒173-0001 東京都板橋区本町23-23
TEL: 03-5248-7731

FAX: 03-5248-7760

E-mail: csr@post.lintec.co.jp

本報告書はインターネットでもご覧いただけます。

URL www. lintec. co. jp/csr

More detailed information on the CSR activities of the Lintec Group is available.
Japanese version scheduled for update in September 2021

当社高級印刷用紙「ニュアージュCoC」を使用しています。
21.09.7500

1118

The booklet describes information on the CSR activities of the Lintec Group in a
simple manner.
In the PDF format, a full version is created in English. An abridged version iscreated in Korean, Chinese (traditional), Chinese (simplified), Malay, Indonesian,and Thai.

(The previous update was in October 2020)

English version scheduled for update in December 2021
(The previous update was in January 2021)[Japanese] www.lintec.co.jp/csr[English] www.lintec-global.com/csr

Key external evaluations
CDP: Climate change

MSCI: Japan ESG Select Leaders Index

CDP: Water security

MSCI: Japan Empowering Women Index

CDP: Forests35