L IN T E C
CSR REPORT2020

LINTEC Corporation

Company Motto

Sincerity and Creativity
The foundation of the Lintec Group’s CSR is its company motto, “Sincerity andCreativity.” These are the ideals that everyone in the group aspires to.
“Sincerity” means thinking about what can be done that will be of benefit andappreciated and tackling every task with all one’s heart.
“Creativity” means working constantly to innovate 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 with a determination to innovate is the starting point for amanufacturer who is dedicated to craftsmanship.
“Start with Sincerity and then apply Creativity”—this is Lintec’s unchanging
approach and the driving force that underpins its sustainable growth.

LINTEC WAY

Important values supporting the company motto

Five Rules of Sincerity

Five Rules of Creativity

1. Always be sincere.

1. Be committed until you succeed.

2. Sincerity opens people’s mind.

2. Be proud of being unique.

3. Please people.
4. Be a giver.

3. Be resilient and take advantage
of changes.

5. Care about colleagues and family.

4. Think globally.
5. Look for connections to potential
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.
The Lintec Group aims for the sustainable development of society by implementing initiatives both in terms of “economic value”
and “social value,” in line with the Guide to Action for Fiscal 2020, defined as “A Year to Gain Foothold for Next Stage of Growth.”

Sustainable development of society

Localcommunities

Customers
page 18

pages 23–25

Company Motto

Sincerity and Creativity

page 19

Employees
pages 20–22

Paper- and pro
segm cessen it

Economic value

WEB

Prin
tin
ga

Business field

ustry-relatedindnd gmentse

A Year to Gain Footholdfor Next Stage of Growth

Globalenvironment
pages 26–30

ted
ela
r
ng

Guide to Action for
the 127th Fiscal Period

Shareholders& investors

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

Social value

Suppliers

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
Message fromthe President

04

We will take another step forward by implementing CSR
activities based on the company motto, “Sincerity andCreativity,” through concerted efforts of all employees.

What is needed for us to put the Lintec Group’s motto of “Sincerity and Creativity” into practice?
This section presents a message from Makoto Hattori, who took office as President and CEO of the company in April 2020.

Highlight

08●

What Is the Lintec Group?............01●

Index and Editorial Policy..............02●

Message from the President..........04●

Highlight: Dialogue on the SDGs....08●●

Dialogue on the SDGs:
To Achieve Sustainable Growth together with Society

Non-Financial and
Financial Highlights......................10
Materiality and the SDGs
in the Lintec Group.......................12●

CSR in the Lintec..........................14●

Value Chain and Stakeholders......16

The SDGs*1 Committee was established as a company-wide organ in 2018. The previous and current officer in chargeof the committee talk about its roles and innovation from the perspective of the SDGs.

Editorial Policy

Publication Date

The Lintec Group follows the company motto of “Sincerity

Guidelines Referenced

and Creativity” when conducting its CSR activities. This
report explains our CSR activities during fiscal 2019.
The Highlight section features an executive dialogue
on the future vision of the SDGs Committee, which wasPrevious publication: August 2019
Current publication: August 2020
Next publication: August 2021

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

inaugurated to contribute to achieving the SDGs and tocreate new business. The section also presents the voices of

To ensure better communication with its stakeholders, the Lintec

stakeholders . This report publishes certain information thatGroup works to disseminate information via a variety of media*2

is important for both stakeholders and the Lintec Group. For

channels. For details on each channel, please refer to “Main
Channels for CSR Information” on page 37.

more detailed 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 include consumers, employees, shareholders, creditors, suppliers, local communities,
and government agencies.

Social Report●

Providing Value to Customers.............. 18●

Cooperating with Suppliers.................. 19●

Human Rights and Diversity................. 20●

Related Data....................................... 21●

Safety and Disaster Prevention............. 22●

Community Participation...................... 23●

Global CSR Report............................... 24●

Environmental
ReportClimate Change Mitigation
and Adaptation................................... 26●

Material Flow...................................... 27●

Reducing Waste and Water Usage....... 28●●

Governance Report●

Practicing Sincerity.............................. 31●

Related Data....................................... 33●

Overview of the Lintec Group............................................................... 34●

Third-Party Opinion............................................................................. 36●

Main Channels for CSR Information..................................................... 37

Reduction of Environmentally
Hazardous Substances......................... 29
Related Data....................................... 30

Reporting Period
This report covers the period from April 1, 2019, to March 31, 2020 (fiscal 2019).
It also includes some information up through July 31, 2020 concerning specificinitiatives.
Environmental data for 15 group companies outside Japan covers the period fromJanuary 1 to December 31, 2019.

Organizations Covered
Corporate Governance Social 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 ResearchCenter) 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: 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 another36 consolidated subsidiaries ends on December 31. As the difference between
the fiscal year end of these 38 consolidated subsidiaries and the consolidated
closing date is within three months, consolidated financial statements use eachcompany’s financial statements based on the fiscal year, and make necessary
adjustments with regard to important 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
We will take another step forward
by implementing CSR activities
based on the company motto,“Sincerity and Creativity,” throughconcerted efforts of all employees.

Greetings

in spirited manner thanks to the generous support I received frommy senior colleagues. Even after I was promoted to a responsible

I am Makoto Hattori and I took office as President and CEO this year.
I would like to express our heartfelt sympathy to everyone

management position, I continued to heed the opinions of various
people inside and outside the company, and placed stock in

affected by the novel coronavirus pandemic, and to offer

their views in making my own decisions. What has served as aour deepest condolences to all those who lost loved ones infoundation for my final decision-making is the spirit of “Sincerity

this disaster. I also sincerely appreciate and respect the great

and Creativity.”efforts made by frontline healthcare workers in fighting against
COVID-19.

Now I serve as President and CEO and have serious
responsibilities to fulfill, but the aforementioned values andWe are now faced with unprecedented hardship on a global

attitudes that I have upheld since my early career will neverscale. Lintec has striven to quickly address the hardship, giving

change. I am determined to listen earnestly to the voices of

top priority to the safety of our employees and stakeholders.

our stakeholders and to strive to manufacture products that

However, there is still no bright prospect in view. To ensure its

delight a variety of people. While sharing that delight with all

business continuity, Lintec will continue to work together with all

stakeholders, and making progress together with them, we

stakeholders to resolve this great challenge.

strive to achieve sustainable growth.

Based on the spirit of the company motto, “Sincerity andCreativity,” Lintec has been globalizing its business by offeringvarious products that meet the needs of society and expanding
its business scope. I myself have been involved in business
operations of the company for nearly four decades, primarily in

Makoto Hattori

the field of sales and marketing. Looking back on this period, I

Representative Director, President, CEO and COO
LINTEC Corporation

realize anew that I always enjoyed freedom and was able to work04

Q

First, could you tell us about thebusiness performance for fiscal 2019
and the results of the medium-termbusiness plan, LIP-2019?

As for our LIP-2019 medium-term businessplan, unfortunately we did not completely
reach our initial targets. However, I believethat we were able to accumulate valuable
experience to facilitate new growth.
Since fiscal 2017, the company has been implementing its threeyear medium-term business plan, called the LINTEC INNOVATION
PLAN (LIP-2019), with the objective of deepening innovation withthe aim of driving new growth. Although we considered fiscal
2019 important as the final year of LIP-2019, we fell significantlyof adhesive products featuring the plant-derived biomass

short of the initial targets. The major influential factors for theseadhesive. Looking overseas, while steadily enlarging its markets

results were the global economic slowdown due to the US-

in Asia, in North America the company strived for business

China trade friction as well as production adjustments in the

restructuring at Madico, Inc. and for business improvement atsemiconductor and electronic product-related markets.
In fiscal 2019, we launched the global brand “Livasta”

Mactac Americas, LLC.
*1

Although we did not attain the targets set under medium-to bolster sales in the domestic and overseas markets for ourterm business plan LIP-2019, when looking back on the pastmainstay adhesive products for labels. Lintec also focused on

three years I think that the company has achieved steady growth.

manufacturing products that contribute to the reduction of

Capitalizing on these valuable achievements, we now renew ourenvironmental impact, by such means as expanding its lineup

commitment to working toward new growth.

Q

What do you think of the social responsibility to be fulfilled by Lintec?

We will address global challenges through“manufacturing” with a sense of mission,
based on the spirit of the company motto of“Sincerity and Creativity.”

spirit of its motto of “Sincerity and Creativity,” and these activities
to implement the spirit have been widespread not only in Japanbut also overseas. One of them is mangrove planting*2 that wehave carried out in cooperation with local residents in Indonesia.
We have planted mangroves annually since 2016, and I have

The global environment surrounding companies is undergoing
major changes, not the least being the worldwide spread of thevisited the planting site in person to participate in this activity.
Moreover, we have incorporated the SDGs perspective intonovel coronavirus. The era of passive mass consumption has

our CSR activities. For example, in February 2018, the SDGs

passed, with the value that society seeks shifting more toward

Committee was established, with myself serving as the firstsustainable and recycling-oriented development.

officer in charge. In this manner, we have been vigorous in

To fulfil its corporate social responsibility, Lintec has

promoting activities to make the SDGs part of our corporate

continuously pushed forward with CSR activities from a global

management and business. The SDGs Committee is a company-

perspective. Our LIP-2019 medium-term business plan has

wide organization that comprises members selected from a wide

specified “activities for realizing a sustainable society” as one ofvariety of sections, regardless of their division and title. These

its key initiatives. The company’s CSR activities are based on themembers have engaged in free and frank discussions, through*1 Livasta: Our global brand of adhesive materials for labels. It was launched on July 1, 2019.
The brand name incorporates the name “LINTEC” and the words “Value,” “Stick,” and “Advance.”*2 Mangrove planting: PT. Lintec Indonesia has been carrying out mangrove planting since 2016,
in cooperation with its sales office, PT. Lintec Jakarta, local residents, and students of a local
fisheries university. Participants in this activity plant mangrove seeds and follow up on their
growth through periodic observation of the growing conditions.

05

which many ideas have been produced. Meanwhile, the respective

themes but rather take action step by step to accomplish the targets.

business divisions have started initiatives based on their businessI believe that all companies that conduct business mustdomains, taking advantage of the technologies and products

have a social license to operate in order to engage in tasks tothat they have developed so far. In the future, by combining

address the SDGs. This has something in common with our CSR

approaches on these two aspects, we will take more proactive

activities, which are centered on the company motto, “Sincerity

action, including product development that embraces the SDGs as

and Creativity.” By reminding all employees including myself ofa business opportunity. Among themes related to the SDGs, some

this spirit, we will contribute to resolving social issues, thereby

may be difficult for the company to address. Examples include thepressing ahead with the company’s distinctive activities that will

elimination of the use of solvent from a manufacturing process.

delight people around the world.

Nevertheless, we should not avert our eyes from these difficult

Q

What kind of initiatives are you going to drive forward in order to generate innovation?

To generate innovation, it is essential tocreate an environment that enables all
employees to maximize their abilities.
The company will therefore put its energies
into establishing flexible organizations that
foster employees’ positive attitudes.

their divisions and positions, may provide a clue. We intend todevelop an organization that encourages people with different
characteristics to work in collaboration toward the goals to beachieved, and that leverages its diversity to create new value.
We will continue to promote work style reforms as well as
diversity*3 to facilitate the improved performance and active
contributions of diverse employees. The company’s Iidabashi

To bring about innovation by quickly responding to changes in

Office is scheduled to move to the Bunkyo Kasuga Officesociety, it is essential to create an environment that enables

in November 2020. In addition to encouraging paperlesseach individual employee to maximize his or her abilities.

operations, the new office will introduce a “hot-desking”*4 (orI believe that developing flexible and positive attitudes in“non-territorial office”) system to realize a flexible working

employees is truly important.

style. Going forward, we will also focus on creating a breeding

In this sense, the SDGs Committee, which brings together

ground for innovation.

a diverse group of people transcending the boundaries of[Profile]
Joined the company in 1980. He has pursued a career
primarily in the field of sales and marketing. After
having served as Executive General Manager of theAdvanced Materials Operations, in 2017 he wasappointed the Executive General Manager of theBusiness Administration Division, which has control
over six business segments, before taking office as
President and CEO. His motto is “To do the right thing
in the right way.” As his personal creed, he attaches
importance to being humble and making persistentefforts, while always maintaining a sense of gratitude.
His hobbies are playing golf (although he says he is“not so good at it”) and walking, which he enjoys
every morning.

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

06*4 Hot-desking: A work style in which employees do not have their own personal desks in theoffice, but freely select the desk at which to do their work each day. It is likely to have such
advantages as cost savings and improved security, and to prove effective in encouraging
communication among employees.

Message from the President

Guide to Action for the 127th Fiscal Period

A Year to Gain Footholdfor Next Stage of Growth● Continue addressing with all Group employees theabiding challenge of creating new value that inspires
the future● Refine sales, manufacturing, and development

capabilities in pursuit of what customers truly need
● Strengthen initiatives focused on meeting SDGs as acompany that resolves a diverse array of social issues

long-term goal that can be shared by all employees, to ensurethat their efforts are aligned in the same direction. Furthermore,
the company should not be shortsighted but should have a longterm perspective in order to develop innovative technologies andproducts that pioneer new business fields.
The company is in the process of formulating a long-term
vision toward 2030 as its target year—2030 being the lastyear by which the SDGs should be achieved. Discussions are
currently underway in the company to clearly envisage what the
Lintec Group should be like 10 years hence, and determine that
ideal as our vision. By compiling specific measures suggested
through these discussions, we will also draw up the medium-termbusiness plan for the next fiscal period.

Q

Could you tell us about Lintec’slong-term future vision for fiscal
2020 and beyond?

We are in the process of preparing a longterm vision for 2030 to steadfastly maintainsustainable growth while flexibly responding
to social trends.

We have decided to establish a single-year business plan forfiscal 2020, in line with the new guide to action, “A Year to Gain
Foothold for Next Stage of Growth,” which positions 2020 as apreparatory period. We will then implement three-year mediumterm business plans from fiscal 2021 as the milestones forachieving the long-term vision.
Taking a look back over our history up until today, we
can see that the company has developed many epoch-making
technologies and products, which range from gummed tape for

In accordance with global changes, value that is sought bypackaging, adhesive paper, and adhesive films, to semiconductor-

society has become diversified, and this trend will be further

related products. We hope that our next 10 years will prove to beaccelerated in the future. Under these circumstances, to achieve

likewise characterized by the development of many innovative

sustainable growth, it is important for the company to flexibly

technologies and products. Under the long-term vision looking

formulate strategies in anticipation of such changes and swiftly

ahead to the future, we intend to drive innovation forward.

put them into practice. The company also needs to establish a

Q

Finally, what is your message to stakeholders?

To become a company that can share in thedelight with its all stakeholders, we will
gather the combined wisdom of everyone andcreate innovation together with everyone.

their families, our clients’ customers, end consumers, suppliers,
and shareholders. It could even be said that the word refers to all
people living on Earth. I also feel that the word “delight” implies
significantly diverse value. I believe that the word essentially has
something in common with the concept of the SDGs.

When attending in-company meetings, I often hear many people

As stated above, we aim to become a global company thatsaying, “Let’s create products that delight everyone.” These arecan delight everyone in the world and whose existence is valued

my favorite words, which I myself frequently use. By the wordby society. To this end, we will gather the combined wisdom of“everyone” here I mean a variety of people, including employees,

everyone and create innovation together with everyone.

07

Creating new business fromthe perspective of the SDGs
Kaiya: It is two years since the SDGs Committee was set up.
President Hattori, you acted as the corporate officer in charge ofthe committee for the past two years. What do you think are themajor characteristics of the committee?
Hattori: The SDGs Committee comprises members gatheredfrom a wide variety of sections beyond the corporate frameworkof the company, and each of them has a strong enthusiasm
for the SDGs. In this respect, I think the committee is an

What I expect from the SDGs Committee is for
it to function as a catalyst for innovation.

unprecedented organization in the company. I also find it novelthat the committee takes an outreach approach. Specifically, it
tries to actively introduce third-party viewpoints by interviewing
university researchers and observing facilities in other industries,
so as to develop a business model that had not previously

Makoto Hattori
Representative Director, President, CEO and COO
LINTEC Corporation

existed in the company.
Kaiya: Recently the committee has attracted increasing
attention in the company. I have heard that new members

subcommittee was newly established in western Japan the scopejoining in fiscal 2019 include many young employees who hopedof the committee’s activities was further broadened.

to participate in the committee voluntarily. Although its activities

Hattori: To contribute to the achievement of the SDGs, it iswere previously conducted mainly in eastern Japan, after aimportant to promote community-based activities in eachHighlight

Dialogue on SDGs

To Achieve Sustainable Growth
together with Society
Lintec’s initiatives based on the SDGs
Established in February 2018, the SDGs Committee is a company-wide organization with the objectives ofpromoting contribution to achieving the SDGs and of creating new business. The previous officer and current
officer in charge of the committee talked about its roles and innovation from the perspective of the SDGs.

08

innovation take root within the company. We should therefore
favor a method of discovering technologies that remain
obscure in the company and identifying their new value. It is
important to constantly carry out these activities. I consider that
contribution to achieving the SDGs will provide us with a newperspective.
Hattori: I completely agree with you. What I expect from theSDGs Committee is for it to function as a catalyst for innovation.

We will implement activities to help achieve
the SDGs, on a long-term basis and in a flexible
manner, without being short-sighted.

Takeshi Kaiya
Current Officer in charge of the SDGs Committee
Director, Managing Executive Officer
Lintec Corporation

Remaining committed to activities to help
achieve the SDGs, looking at the vision forwhere we want to be 10 years from now
Hattori: You have taken over my position as the officer incharge of the SDGs Committee as of fiscal 2020. How are you
going to conduct the committee’s activities?
Kaiya: Well, I feel that contribution to achieving the SDGs is aregion. In the future, I am planning to develop these activities

theme that would assess how seriously a company addresses

as a global corporate group by encouraging the participation ofsocial issues. Since you have clearly declared that the company

overseas Group companies.

will incorporate the SDGs into its corporate management, I will
steadfastly maintain your intent.

Inquiring minds and power to accomplish
goals are a driving force for innovation

Hattori: Ever since the inception of the SDGs Committee, I havecontinued to say these words as the officer in charge. This intent
will remain unchanged in the future.

Kaiya: The company has always assigned the name “LIP”

Kaiya: Currently, the company is preparing the long-term vision,(“Lintec Innovation Plan”) to each of its respective medium-term

looking ahead to 2030. We will henceforth flexibly implementbusiness plans. Despite such naming, I fear that it has become

three-year medium-term plans as the milestones for achieving

difficult for the company to generate innovation.

the goals for a decade from now. Likewise, I think that we

Hattori: I feel that way too. We tend to be too obsessed withshould also promote SDGs-related initiatives on a long-term

the conventional technologies and products that we havebasis and in a flexible manner. If we go too fast, our activities

been developing for many years, making it difficult to takewill be short-sighted. I essentially believe that we should not

on new challenges. This tendency may narrow our own range

take such kind of approach to attaining the SDGs.

of possibilities not only in technological development andHattori: Exactly. I therefore hope that our employees will work

product planning, but also in other various aspects of our dailyon their daily activities, while always being aware of the vision

operations. I hope that our employees become aware of this.

for where we want to be as a company 10 years from now. This

Kaiya: I am afraid that there are many cases where evenattitude will enable us to generate innovation.

technologies that actually have great potential are buried
and unutilized because we cannot come up with new ideas
for practical application. It is true that innovation could be
generated by introducing external technologies and ideas, but
this method involves considerable difficulties around having the

In the booklet/PDF version, “Dialogue on SDGs” has beenedited to present highlights of the entire session. The full text
is available from the related webpage at:www.lintec-global.com/csr/special/

09Non-Financial and Financial Highlights
Social (non-consolidated)
Community support expenses

8,720 thousand yen

93.9%

Response rate of
CSR procurement
supplier survey

114

107

companies
surveyedcompanies
responded

Approx. 500 suppliers of raw materials

Environmental
CO2 emissions

Total energy use (crude oil equivalent)

Organizations covered:
Lintec Corporation (Head Office, 10 production sites*1,
and Research Center) and Tokyo Lintec Kako, Inc.

Organizations covered:
Lintec Group in Japan*2

163 thousand tons CO

Purchased power2(1,000 tons CO 2)
250

200

200

195

186

179

120

163

100

150

Fuel

Per unit (energy usage/production)(1,000 kl)
140

91 thousand kl
Per unit: 0.31 kl/t
Total usage:(kl/t)

0.32

0.32

0.31

0.32

0.31

92

91

92

92

91

52

51

51

54

55

80
100

60
40

50

20
0

2015

2016

2017

2018

2019

(FY)

0

40

40

41

38

36

2015

2016

2017

2018

2019

(FY)

0.70
0.60
0.50
0.40
0.30
0.20
0.10
0

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

Water usage

Waste generated

Organizations covered:
Kumagaya and Mishima Plants

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

5,680 thousand tons
Per unit: 47.0 m /t
Usage:

Water usage

3

Per unit (water usage amount/
paper production tonnage)(1,000 tons)
95.3
20,000(m3/t)
100.0

15,000

75.0

51.4

47.9

47.5

47.2

47.0

6,014

5,993

7,361

5,871

5,680

2015

2016

2017

2018

2019

10,0005,000
0*1 For 10 production sites, see page 03.

10

50.0
25.0

(FY)

0.0

Waste plastic
Other

Waste oil

Total amount generated:28.1 thousand tons

(1,000 tons)
35
30
25
20

11,883

2000

Waste paper
Sludge

15

5.0
1.5
4.8

29.9
3.9
5.2
1.5
5.1

28.9
3.8
5.5
1.4
4.8

28.1
3.3

13.3

14.4

14.2

13.4

13.0

2015

2016

2017

2018

2019

28.3
3.8
5.3
1.4
4.5

10
5
0

30.2
4.5

5.5
1.5
4.8

(FY)

*2 Lintec Group in Japan: Lintec Corporation and its sales offices; Tokyo Lintec Kako, Inc.; Printec, Inc.;
Lintec Services, Inc.; and Lintec Commerce, Inc.

Human Resources
Number of employees (consolidated)

Percentage of paid leave taken

4,948
persons

Number of participants in rank-based
training programs (non-consolidated/total)(non-consolidated)

2,299
persons

66.5%(total)6th straight yearof increase

Financial (consolidated)
Sales

See page 03 for a note on the fiscal year of consolidated subsidiaries.

Operating income

240,700 million yen
300,000
200,000

15,400 million yen(Million yen)

(Million yen)

(Million yen)
20000

210,501 205,975

10000

20,095

10,000Paper- andprocessingrelated
36,3610Electronic- andoptical-related
81,92920,000 17,692
16,595

249,030 250,942 240,727

Sales by segment (Fiscal 2019)

17,977

15,440100,000
0

0

2015

2016

2017

2018

2019

Ordinary income

14,500 million yen
17,623

18,389 17,993

15,684

2015

10

2016

2017

2018

ROA

0

ROE
10

7.4

5 6.4

3000

2015

0

2016

2017

2018

(Yen)
90

2017

2019

0
(FY)

2018

Dividend per share
Dividend payout ratio

2019 (FY)

ROA

2015

6.6

42.3

54

66

66

78

78

2015

2016

2017

2018

2019

6.2

6.1

6.5

2016

2017

*3 ROE: ROE stands for Return on Equity. It is an index for financial analysis that shows how muchprofit was generated from shareholders’ equity (net asset).

2018

3010000(FY)

0 0

7,900 million yen(Million yen)

7,639

7,925

8,319

7,860

2016

2017

2018

2019

6,000

5.0
6.2

(%)
20000
60

R&D expenses

9,000 7,644

6.9

58.6

41.6

45

5.0%
ROA: 5.1%

78 yen
58.6%

43.5

35.7

9,620

Dividend per share:

Dividend payout ratio:

ROE:

6000

0

2016

(%)

292,733 290,320 278,972

5100,0000

2015

ROE*3/ROA*49000 274,197

12,937

Dividend
per share002019 (FY)240,712200,000
5

10,899 11,450 11,257

10,000(Million yen)
300,0002019 (FY)9,600 million yen

279,000 million yen
ROE

2018

Profit attributable to ownersof parent

14,484

Total assets

10

2017

20,00010,0000

2016(Million yen)

(Million yen)
20,0002015(FY)

Printing- andindustryrelated
122,436

Total
240,727

5.1
2019

3,000
(FY)

0

2015

(FY)

*4 ROA: ROA stands for Return on Assets. It is an index for financial analysis that shows how muchprofit was generated from total assets.

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

The Lintec Groups is currently at STEP 2 of the reviewing

from among a wide range of CSR activities. While the Lintec Group

process, with the new materiality incorporating the SDGs point

identified its materiality in 2014, the Group has been reviewingof view. In the future, we also plan to update key performanceits materiality themes in light of ever changing social issues, andindicators (KPIs)*1.

through a series of dialogues with stakeholders.

Organizations covered in Results:[A] Lintec Corp.; [B] Lintec Group; [C] Lintec Corp., Tokyo Lintec Kako, Inc.; [D] Lintec Corp. Head Office, 10 production sites, Research Center; [E] Lintec Corp. production sites (excl. Ina), Research Center

Materiality

Scope
Circles mean applicable
Internal

Related SDGs

Enhance global governance.

Governance Operating global governanceThe
environment

Labor
practices

Effectively using raw materials

Procure materials that will help to reduce environmental
impact based on the Lintec Procurement Policy.

Reducing atmospheric emissions

Reduce emissions into the atmosphere based on our
mid-term environmental target.

Making environmental
contributions through products
and services

Develop and spread environmentally friendly products
through LCA*2.

Ensuring environmental compliance

Ensure and manage environmental compliance using theenvironmental management system.

Ensuring occupational healthand safety

Conduct activities to ensure occupational safety according
to the occupational safety and health management system.

Achieving workplace diversity-

Respect the diversity of employees and provide rewarding
workplaces.

Improving employee satisfaction-

Build working environments where employees feel
motivated to work.

Conducting human rights due
diligence*3

Respect human rights and determine risks throughout the
supply chain.

Ensuring social compliance

Instill and ensure group-wide compliance.

Ensuring product compliance

Use the quality management system to eliminate andprevent accidents.

Making contributions to sustainableconsumption

Publicize the effects of environmentally friendly products
to stakeholders.

Achieving harmonious co-existencewith local communities

Introduce social contribution activities for local communities
as a good corporate citizen.

Society

Developing business models for
local production & consumption inContribution emerging countries
to businessEntering new areas

Conduct R&D for products intended for local procurement
and for solving social issues.
Under review*1 Key performance indicators (KPIs): KPIs are important indicators related to organizational
strategies, and quantitatively measure progress toward targets.

12

Specific actions

External*2 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

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

KPIs

Relatedpages

Results*(1) U se of consultation contact points in andoutside Japan(2) R esults of audits by the Internal Audit Officeaccording to local laws and regulations andinternal standards(1) 3 cases [B](2) No serious findings [B]Amount of organic solvents used

18,000 t [A]33
31

Process of reviewing materiality

STEP

1

CSR site(1) CO2 emissions from business activities in Japan(2) VOC*4 emissions from business activities
in Japan(1) 163,000 t [C](2) 869 t [E]2729

Number of environmentally friendly products
developed

59 products [A]26

Number of serious violations of environmental
laws and regulations (fines/sanctions)

0 violations [D]CSR site(1) N umber of occupational accidents andaccidents resulting in absence from work(2) No occupational accidents(1) 4 accidents [C](2) No accidents occurred at five business sites*5during the year [C]

CSR site(1) Ratio of female managers(2) R eturn to work after taking time off forchildcare leave(1) 13% [B](2) 100% [A]

CSR site

Turnover in three years of employees hired as
new graduates

12.6% [A]21

Number of responses to supplier survey

107 companies [A]19

We identified and narrowed down
important ESG*6 topics based on changes
in various international guidelines andframeworks, such as the SDGs, GRI
Standards, the United Nations Global
Compact, and ISO 26000, as well as on
information from ESG rating agencies.

STEP

Response rate to compliance survey by officers
and managers

22

20

Response rate to risk identification survey:
82.0% [B]Compliance survey was not conducted as risk
identification survey was conducted.

Internal engagement(Determine priority)

We discuss hypotheses with internalorganizations, such as the Research &Development Division and the New Project
Planning Office, and determine the importance.

STEP

3

0 accidents [C]18

Number of exhibitions participated in as an
exhibitor in and outside Japan (activity evaluation)

47 times [A]CSR site(1) Total number of participants on plant tours(2) Implementation of social contribution activities(1) 800 persons [C](2) See page 23 [B]23

Development of a system for registering local
raw materials at sites outside Japan(activity evaluation)

Search system for global raw material
information management under development [B]19*3 Human rights due diligence: A process exercised by an organization not only to comply with laws
but also to address and reduce the risk of human rights violations (ISO 26000 6.3.3. Human
Rights Issue 1)*4 VOC: VOC stands for volatile organic compounds. VOC collectively refers to organic compounds
that become gas in the atmosphere.

2

Identify key
initiatives

32

Number of serious product accidents reported

Number of patent applications (activity evaluation) 354 applications [A]

Identify social
demands

CSR site

Based on the results of STEPs 1 and 2,
we identify key initiatives, and have themevaluated by and obtain the approval of thepresident, the final decision maker.

STEP

4

Set KPIs again

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

*5 Five business sites: Kumagaya Plant, Research Center, Chiba Plant, Shingu Plant, andKomatsushima Plant*6 ESG: ESG collectively refers to the following three elements: environmental, social, andgovernance. It is used as an index to judge whether a company can achieve sustainable growth.

13

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

have implemented various CSR activities, such as manufacturingcontinue to meet these stakeholders’ expectations and be trusted

products that contribute to the reduction of environmental impact,by them, all Lintec Group employees actively conduct CSR activities

toward new growth. By incorporating the viewpoint of the SDGs into

centered on the company motto, “Sincerity and Creativity,” and inthese CSR activities to help resolve social issues, we aim to conduct

accordance with the “LINTEC WAY,” which is an important value

business operations that delight people around the world. The Lintec

supporting the company motto, the Basic CSR Approaches, andGroup has identified materiality, and set key performance indicators

the Lintec Group Compliance Guidelines. The LINTEC INNOVATION(KPIs)*1, so as to implement PDCA cycles efficiently for strategic CSR

PLAN 2019 (LIP-2019), our medium-term business plan that has

activities. In addition, the Group promotes business operations andits final year in fiscal 2019, sets forth “Contribute to achieving a

CSR activities based on international standards by participating insustainable society” as one of its key initiatives. Under the plan, we

the United Nations Global Compact and referring to ISO 26000.

Stakeholder Communication
The Lintec Group proactively holds dialogues with stakeholders to carry out initiatives that meet social expectations.

Impressions on serving as an outside advisor to the SDGs Committee
In a nutshell, the Lintec SDGs Committee can be thought of as ainnovation, in short, means the “combination of heterogeneous elements.”“sustainable innovation community.” I feel that these words well express

The SDGs Committee is likened to an incubator*2 of value, in which its

the true nature of the committee. The characteristics of the committee aremembers strive for the “creation” of something during the limited periodthat it transcends departmental boundaries, position titles, and gender toof one year, on the basis of “diversity” and “partnership.” I am astonishedbring together a diverse group of employees, and that it actively holds a

to see the remarkable growth achieved by each committee member withinseries of dialogues with various stakeholders from both inside and outsidesuch a short period. When these members leave the committee and returnthe company in order to embed diverse value in the company. After all,to their original workplaces, I expect that they will serve as communicators
who share the essence of CSR and the SDGs with other employees andraise their awareness.
In addition to the SDGs Committee covering the head office area,a subcommittee will be set up in western Japan this year. I think thatthe committee’s future task is to rapidly apply these SDGs activities tooverseas sites, so as to develop them into company-wide initiatives on
a global basis. For transforming our world as called for by the SDGs, it is
crucial to accumulate innovation. In actuality, however, many companies
and organizations havegreat difficulties creating
innovation. I earnestly hopethat the SDGs Committee
will break this barrier anddemonstrate that CSR is thevery driving force behindinnovation. This will pave
the way for resolvingsocial issues.

Mr. Hiroyuki Tada
SDGs Committee members holding a meeting*1 For key performance indicators (KPIs), see page 12.

14

Representative of Sustainability BusinessResearch Laboratory*2 Incubator: A piece of equipment used to house eggs in order to artificially hatch them. Here, theword “incubator” means a place for discovering and cultivating value.

CSR Promotion System

United Nations Global Compact

The CSR Management Office under the direct control of the president

Having participated in the United Nations Global Compact since

strives to foster high ethical standards, disseminate information on

April 2011, the Lintec Group conducts business activities based on

CSR, and support the initiatives of relevant committees.

the following Ten Principles to contribute to the sustainable growth

The committees, which are each led by a corporate officer
and have a cross-organizational membership, lead initiatives withresponsibility from the standpoint of management.
President and CEO

Audit Office
Corporate Strategic OfficeBusiness Process Re-engineering Office

CSR Management Office
Corporate Ethics Committee
Customer Satisfaction Committee
Social Contribution Committee

Public Relations Office
General Affairs & Human Resources Division
Administration Division
Business Administration Division
Production Division
Procurement Division
Quality Assurance & Environmental Protection Division
Research & Development Division

SDGs Committee

Subsidiaries in/outside Japanof society.
●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
extortion and bribery.

As of April 1, 2020

Through communication with stakeholders
Lintec embraces occasions to communicate with people in the

To fight the spread of the novel coronavirus, we donated 1,000

local community. In fiscal 2019, the company organized various

sets of masks, 40 bottles of antiseptic solution, and other items tocommunication events. For example, we held the Lintec Fureai

Pinellas County, Florida in the United States, which is where Madico,

Concert, and invited local residents to watch a baseball game atInc. is based. At the same time, Madico contacted its suppliers toTokyo Dome. The baseball game spectator event drew a total of 616

call for support. In addition, the company preferentially hired theparticipants living in Itabashi City, including people with disabilities

family members of employees who were economically affected byand their caregivers as well as members of a children’s baseball

COVID-19. They worked to mass-produce face shields, and 150,000

team and their families. During the event, Lintec employees had

sets of these face shields were donated to the county. For thisopportunities to support the mobility of people with disabilities. In

initiative, the local emergency rescue team gave us a letter of thankssuch cases, we make efforts to ensure these invitees can fully enjoy

expressing their sincere appreciation for our company for providing

the event in comfort by carefully guiding them and talking to them.

personal protection gear for medical staff in the region.

When seeing them off, we received favorable comments from the

We are proud that our company can help protect the safety ofinvitees, such as “Thank you. I had a great time.” We also received a

local residents and contribute to the life of the community throughhandwritten letter saying “I really want to participate again.”

the above-mentioned initiative and other support activities. I am

For those who are pleased with our support, we will continue
devising better ways to bring smiles to the faces of local residents,

greatly delighted that we can form and strengthen special bonds
with the local community.

based on their opinions and comments.

Participants enjoy watching a baseball gameat Tokyo Dome

Aki Hoshino
Finance & Accounting Section
Finance & Accounting Department

Kelli Houdek
Face shield

Human Resources
Madico, Inc.

15

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

VOICE

Business activities of the Lintec Group have impacts on every link

Procurement of raw materialsof the value chain. We proactively review and improve business
operations informed by the SDGs at each phase and promote

In countries overseas, product life cycles are often very short.

interdepartmental collaboration, aiming at the realization of a

We therefore need to be quick to identify customer needs, andsustainable society.

to procure and evaluate raw

We also provide opportunities for dialogue with stakeholders,materials more speedily thanand reflect the input obtained through these dialogues in ourin Japan. Lintec (Suzhou)

business activities.

Tech Corporation endeavors
to produce fairly priced
products with short delivery
times by increasing the local

Customers

procurement ratio.

Trade shows in andoutside Japan
Contact for inquiries

Takashi Muroi
Purchase Section
Lintec (Suzhou) Tech Corporation

Shareholders/investors
Shareholders
meeting
IR meeting
IR tool

Opportunity for
dialogue withstakeholders

Employees

Communication magazine
Intranet

Suppliers

Social issues related to business

Questionnaire
surveyLocal
communities
Factory tour
Social contribution
activities

Raw material procurement

R&D

Implement CSR procurement to co-exist
and co-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

16

About

500
93.9

Questionnaire survey response
rate from 114 major suppliers

companies%

Aggressive R&D to meetcustomer expectations
R&D cost

7.9

billion yen

VOICE

VOICE
Research & development

Production

We strive to offer customers products having high quality by

To secure product quality and improve productivity, we makeworking on material design, taking into account the processes

it a rule to share all relevant information with employees at

involved from the time ofeach production process,product use to disposal.

and conduct inspections

Meanwhile, we promoteand maintenance on aadjustment and improvement

regular basis. Our effortsof raw materials in cooperation

are also focused on creatingwith the manufacturing

an environment where

division in order to ensure

employees can work in a safe

stable production. I believe

and healthy manner by suchthat these continuous efforts

means as talking to individual

will lead to an improvementin customer satisfaction.

Shinya Suzuki

employees on the production

Adhesive Materials Labs
Product Research Department
Research Center

drills for the entire plant.

floor and conducting disasterSocial issues related to business

Manufacturing

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

8.72

million yen

Second Production Section
Agatsuma Plant

Social issues related to businessDistribution

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

Hitoshi Harada

Sales/Use

Reduce environmental
impact and achieve a stablesupply of products as aresult of our modal shift*1.

Reduction of CO2 emissions
from distribution comparedto FY2018
Improvement of energy
consumption per
production unit
About

4.3
0.7

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

0.3

%

%

*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

17

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

Lintec Providing Value to Customers

Search“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 is making
efforts for improving the added value of our products and services to meet customer expectations.
Materiality

KPIs

Results*

Entering new areas

Number of patent applications (activity evaluation)

354 applications [A]Ensuring product compliance

Number of serious product accidents reported

0 accidents [C]

Making contributions to sustainable consumption

Number of exhibitions participated in as an exhibitor in and outside Japan (activity evaluation)

47 times [A]Organizations covered in Results: [A] Lintec Corp.; [C] Lintec Corp., Tokyo Lintec Kako, Inc.

Quality Assurance System

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. As for overseas

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

group companies, the quality assurance system has been set up andcareful measures to prevent contamination during manufacturing

put into operation at 11 business sites.

processes. In fiscal 2019, no instances of noncompliance or violation*1

were reported in relation to our business activities.
Ratio of quality accidents
(%)

100

Disclosing Product Information
To ensure customers’ safe and secure use of our products, the100Lintec Group provides product information via the Lintec website
and through various written documents. We confirm and evaluate

80
61

the qualityof products in accordance with the Japanese Industrial
（%）

61

100

100
Standards
and other official standards, and using the company’s own

60
43

40

39

37

measurement
methods.
80
61

61

60

43
Promoting One-stop Development

40

20

39

37

The Research & Development Division promotes “one-stop development,”
200which considers the mass production process simultaneously with
2010

2015

2016

2017

2018

2019 (FY)

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%.

02015 the division
2016
2017
2018development2019 （年度）2010 In fiscal 2019,
product design.
undertookthe
1. リンテック(株)および東京リンテック加工(株)、湘南リンテック加工(株)における
of 注）
biomass
adhesive agents and recycled materials,
enabling the
品質事故件数比率です。

2. 2010年度の件数を100%とした比率です。
company
to strengthen the lineup of environmentally friendly products.

My Next StageMy Next StageAll the employees will work

Going forward, I will makeclosely together to addresseffective use of test coating

various issues, aiming tofacilities for mass production,

further develop our systems

not only for the early launch

and improve productof new products, but also for

quality, to ensure that we

considering the introduction

can continue to please
our customers.

Eva Liyana
Quality Assurance
PT. Lintec Indonesia*1 ISO 9001: The international standard for quality management systems*2 RoHS Directive: Directive on the restriction of the use of certain hazardous substances in electricaland electronic equipment issued by the EU*3 For human rights due diligence, see page 13.

18

of new coating methods.

Shohei Asaina
Adhesive Materials Lab
Product Research Department
Research Center*4 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.

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

Lintec Cooperating with Suppliers

SearchConsidering 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.
Materiality

KPIs

Results*

Conducting human rights due diligence*3

Number of responses to supplier survey

107 companies [A]Developing business models for local production & consumption in
emerging countries

Development of a system for registering local raw
materials at sites outside Japan (activity evaluation)

Search system for global raw material information
management under development [B]Organizations covered in Results: [A] Lintec Corp.; [B] Lintec Group

Green Procurement
For procurement with lower environmental impact, the Lintec Groupmaterials, parts, and secondary materials. We conduct investigations

Corporate
management

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 2019, we asked suppliers to respond to our survey● Financial status

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

and chemSHERPA (version 2.00), covering around 5,000 raw materials.
*5

Together with suppliers, we will continue to promote environmental● Costprotection activities and ensure control of chemical substances.

CSR Procurement

ServiceGreen Procurement Policy, and the Lintec Lumber Pulp Procurement● Third-party certification

Policy, all of which are based on CSR. Its procurement activities(ISO 9001, etc.)
Quality● Management system(Suppliers, raw materials, manufacturing processes,
products, etc.)

activities from multiple perspectives, including respect for human

GovernanceWe request suppliers, on various occasions, to ensure CSR● Information provision(Information on products, technology, industry, etc.)

Lintec has established the Lintec Procurement Policy, the Lintec

follow the Policies.

● Deadline

Environmental Reportbased on the REACH Regulation*4 (21th and 22th candidate lists)

Social Reportis ensuring thorough chemical substance management for raw

Overview of items covered in the supplier questionnaire survey

rights, occupational health and safety, information security, andcorporate ethics.
In fiscal 2019, we asked 114 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*6 perspective, to complete a questionnaire,and 107* of them did so. The survey covered CSR-related items,
including legal compliance, prohibition of child labor, and safe/

Conflict Minerals*7

healthy working environments. Of the survey respondents, we

Lintec recognizes that conflict minerals, mined to fund armed

required 10 suppliers to make improvements regarding chemical

conflict, are a serious social problem, and investigates whether

substances management and costs. We are also using the survey

materials it uses include metals from mines that serve as funding

results in supplier evaluation.

sources for armed groups.

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

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.

*5 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.

*6 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.
*7 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.

19

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

SearchLintec Human Rights

All 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.
Materiality

KPIs

Results*

Achieving workplace diversity(1) Ratio of female managers(2) Return to work after taking time off for childcare leave(1) 13% [B](2) 100% [A]

Improving employee satisfaction

Turnover in three years of employees hired as new graduates

12.6% [A]Organizations covered in Results: [A] Lintec Corp.; [B] Lintec Group

Diversity Committee
Lintec’s Diversity Committee has been carrying out activities toIncreasing Career Development Opportunities
for Female Employees

realize a workplace environment where a diverse team of employees,

Based on the Act on the Promotion of Female Participation and Career

who each have different lifestyles and ways of thinking, can exercise

Advancement in the Workplace (Phase 2), Lintec has establishedtheir abilities to the full and make active contributions.

targets for the period from April 1, 2019 to March 31, 2022 to

So far, the committee has held ongoing and constructive

increase career development opportunities for female employees.

discussions to enhance in-company programs and environments

The company aims to raise the average percentage of females infor supporting childcare and nursing care of family members.

the total number of new hires (graduates from a junior college

In fiscal 2019, the committee focused on supporting sick oror technical college/university/graduate school) to over 35%. The

injured employees, and launched a new program to support

percentage of female employees hired in fiscal 2019 stood at 34.7%.

such employees to ensure that they can continue working while

Initiatives are also underway to develop role models for female

receiving treatment. The related work

employees on a continuous basis, setting the target of increasing

regulations were also revised.

the percentage of female managers/supervisors by 10% from theIn addition, we made a revision

fiscal 2018 level by March 31, 2022. In fiscal 2019, the company

to the Support Programs Guidebook.

held a roundtable discussion meeting at which female employees

The committee will promote improved

working at the Head Office exchanged views with female managers/

understanding of the details of thesupervisors. In addition, we held interviews with young female

programs among employees.

employees hired at the Head Office (in their fourth and seventh year)
on an ongoing basis to support their career development.

86%by gender: LINTEC Corporation
Number2,229*
of employees[Male]

Support Programs Guidebook

Details of a new program and revision made in fiscal 2019

New program

Revision to related
work regulations*1 For diversity, see page 06.

20

Program to support sick or injured employees
in continuing to work
Intended to support employees who are deemed inneed of support in the performance of their work
due to a disease that requires repeated or ongoingtreatment, or injuries they received during work or on
the way to/from work. The program provides support
in the form of shorter working hours/flex time andreduced workdays (three or four days per week).
Easing requirements for sick or injured employees totake accumulated time-off days

[Male] 2,229*

86%Managers 482 98%*2

Total employees

2,584
Total
employees
2,584Managers 482 98%*2[Female] 355*

14%

[Female] 355*

14%

Managers 10 2%*2Managers 10 2%*2

Number of employees by gender: Lintec Group (incl. non-consolidated companies)[Male] 4,671*

79％[Male] 4,671*

79％

Total employees

5,947
5,947

[Female] 1,276*

21％[Female] 1,276*

21％

Total employees
Managers 808

87%*2

Managers 124 13%*2*(Outside*2 Japan: as of December 31, 2019; In Japan: as of March 31, *2
Managers 124 13% 2020)
Managers 808 87*%*2 Percentage of each gender in management positions

Respect for Human Rights in Labor Managementand Education

Mental Health Measures

The Lintec Group believes that compliance forms a foundation forits

Program (EAP)*3 that provides employees with opportunities to obtain

activities and thoroughly adheres to both social rules and relevant

a mental health checkup once a year. Through this checkup, employees

laws and regulations in and outside Japan. This also applies to thecome to understand their own stress level, which is useful for personal

recruitment and treatment of employees. Labor management ismental health management. The manager of each business unit

performed in accordance with relevant laws. Unfair discrimination,

receives the results and analysis for employees in the unit, and takeschild labor, and harassment are prohibited.

appropriate improvement measures as needed. In fiscal 2019, theLintec incorporates human rights education into its rank-based
training programs. So far, the company has held a training session on
the theme “UN Global Compact and CSR,” and provided training on
sexual harassment and workplace bullying.

The Lintec Group has introduced a precautionary Employee Assistancecheckup was offered across the Group to a total of 3,660 employees,
94.2% of whom actually received it.
The Lintec Group has also set up an employee support hotlinethat employees and their families can contact directly to talkconfidentially with a specialist about their worries, including in

Work-life Balance

relation to physical and mental health, childcare, nursing care, legal

Achieving work-life balance is indispensable to help employees

issues, or personal finances.

perform their jobs with peace of mind and exercise the full range ofPrecautionary EAP System Overview

their abilities.

● Counseling by counseling psychologist

Telephone counseling● Three-way interview with supervising doctor/Referral to medical

institution

can make active contributions and promoting career development,● Directly managed consultation centers (Tokyo, Osaka, Nagoya)

the Diversity Committee has led discussions and the implementation

In-person counselingof multifaceted initiatives.

Web-based counseling● Individual counseling through the Internet

General information
website● Basic mental health information● Cooperating medical institution (150 locations in Japan)● Mental health self-checks

Use of programs*5*

Female

Total

Japan

3,032

670

3,702

Asia

1,095

371

1,466

Other

544

235

779

Total

4,671

1,276

5,947

(Outside Japan: as of December 31, 2019; In Japan: as of March 31, 2020)

Local employees at sites outside Japan (persons)

Program

FY2017FY2018FY2019

Family care leave program (persons)

0

1

0

Family care time off (persons)

3

0

0

Accumulated time off (persons)

74

89

92

Childbirth leave (persons)

23

19

20

Childcare leave (persons)

36

39

41

Child nursing care time off program(persons)

7

9

13

Shorter hours/ﬂex time (persons)

36

45

57

Male

FemaleTotal

Total number of employees

1,738

606

2,344

Total number of local employees

1,639

606

2,245

Paid social contribution time off(persons)

21(Total 54 days)

38(Total 71.5 days)

22(Total 40 days)

258

113

371

Percentage of paid leave taken (%)

64.0

65.2

66.5

Managers*4

Governance

MaleEnvironmental Report

Related Data
Employees by region and by gender (persons)Social Report

For creating workplace environments where diverse employees ompany-wide rank-based training programs:C
participants and training hours*5*

T hree-year turnover of employees hired
as new graduates*5* (persons)JoinedLeft

TurnoverTotal participants

Total training hours*6

New employees joined in 2017
(group-wide)

79

10

12.6%

2,299

11,791.5 hours

Male

58

8

13.7%

Female

21

2

9.5%

*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.
*4 Managers: Managers as defined in each country or at each site

*5 The above tables titled “Three-year turnover of employees hired as new graduates,” “Use of
programs,” and “Company-wide rank-based training programs: participants and training hours”
indicate data for LINTEC Corporation. However, with regard to the last-named table, the data on
the rank-based training program “harassment prevention to improve the workplace environment”
include the figures of Group companies.
*6 Calculated for time-based programs only.

21

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

Lintec Safety and Disaster Prevention

SearchThe Lintec Group continues to operate the Occupational Safety and Health Policy, which it established based on ISO 45001.*1 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.
Materiality
Ensuring occupational health andsafety

KPIs

Results*(1) Number of occupational accidents andaccidents resulting in absence from work(2) No occupational accidents(1) 4 accidents [C](2) No accidents occurred at five businesssites*2 during the year [C]Organizations covered in Results: [C] Lintec Corp., Tokyo Lintec Kako, Inc.

Occupational Safety and Health Policy
The Lintec Group revised the Lintec Occupational Safety andhead of each site acts as the final decision-maker.
After risk assessments*3 and Safety and Health Committee

Health Policy in 2018, in response to the ISO 45001 standard formeetings conducted at each business site, employees’ opinions

occupational health and safety published in the same year. In

submitted at these events are recorded in the proceedings, andconjunction with this, we revised the Lintec Occupational Safety andrelevant information is communicated to all employees.

Health Manual to provide an appropriate manual and regulations inconformity with the new ISO standard.
Mutual safety audits and fire prevention patrol activities arecarried out at the corporate-wide level, while annual safety andhealth plans are developed at individual plants, which implement
plan-do-check-act (PDCA) cycles to promote safety activities. Lintec
also holds a corporate Safety Convention every year. The convention
for 2019 was held at the Mishima Plant in May.

Committees on workplace safety and healthCommittee

Scope

Activities● Implement plans

Safety and
HealthCommittee

Plants, Research Centersafety education implementation status,
facilities inspection results, feedback andimprovements found during patrol

HealthCommittee

Head Office and plants
having a sales section● Discuss health, safe driving, and disaster● Share information, incl. disaster occurrence,

prevention activities

The Lintec Group will continue to vigorously conduct activities
for accident-free operation.

Annual Safety and Health Plans

Lintec Safety and Health Management System(excluding the head office and sales division)

Head Office

Each fiscal year, the Lintec Group formulates annual plans for

Safety and Health Chief
Safety and Health Manager

safety and health activities. The plans indicate top management

Head Office Safety Secretariat

policies and set priority action items to realize the policies, including
safety patrols, risk assessment, and safety education. More specificactivities and targets are set for the priority action items and are

Safety Consideration Committee

reflected in safety and health activities. The results of activities

Safety Managers at Head Office Safety Secretariat
and four plants*4and the progress are reported in the monthly Safety and HealthCommittee meetings, and all members of the Committee engage indiscussions on improvement. By implementing such PDCA cycles thatlead to the next round of initiatives, the Lintec Group continues to

Plant

General Safety and Health Manager
Safety and Health Committee

Fire Prevention Patrol Committee

Other committees

step up its safety and health activities.

Safety and Health Committee and Health Committee
Every month, the Lintec Group plants in and outside Japan holdToward Zero Accidents Resulting in
Absence from Work

Safety and Health Committee meetings, while the Head Office,In fiscal 2019, there was one accident in which a worker was caught

Iidabashi Office, Osaka Branch, and other business sites having sales

in machinery, resulting in a long-term absence from work. For thisdepartments convene Health Committee meetings. Each of thesereason, the number of days of absence from work significantly

meetings are attended by representatives of the labor union, and theincreased from the previous fiscal year.

*1 ISO 45001: International standard for occupational health and safety management systems*2 For the five business sites, see page 13.

22*3 Risk assessment: Evaluating risks to set safety standards*4 Four plants: Agatsuma, Kumagaya, Tastuno, and Mishima

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

SearchLinec Local Communities

Recognizing that it is part of society and local communities, the Lintec Group is engaged in various initiatives to contribute to society while
ensuring harmonious co-existence with society.
Materiality

KPIs

Results*(1) Total number of participants on plant tours(2) Implementation of social contribution activities

Achieving harmonious co-existence with local communities(1) 800 persons [C](2) See below [B]Organizations covered in Results: [B] Lintec Group; [C] Lintec Corp., Tokyo Lintec Kako, Inc.

Fureai Concert*

Global Activities

In October 2019, Lintec held its ninth Lintec Fureai Concert at

The Lintec Group carries out social contribution activities in locations

the Itabashi Culture Hall, inviting persons with disabilities andwhere it operates.

their helpers living in Tokyo’s Itabashi City, as well as people from

Lintec Singapore Private Limited donated daily necessities, food,and other items to elderly people in neighboring areas through aemployees, participated in the concert.

collaborative event with Lintec Asia Pacific Regional Headquarters

The concert program included a dance performance

Private Limited.

incorporating sign language by children of members of Itabashi

Lintec Industries (Sarawak) Sdn. Bhd. planted herbal hedges in“Hohoemi-no-Kai,” an association of parents of people with Downa village of the Bidayuh tribe, who are indigenous to the province

syndrome; a chorus by “Harmony Korine” from the Daito Bunka

of Sarawak.

BAND,” a group of adults who play big-band music; and a dance

The Lintec Group will continue to engage in social contribution
activities rooted in the community.

performance by a dance team of children living in Itabashi City.
We will continue to value opportunities to communicate withlocal residents.

My Next Stage

Environmental Report

University a cappella club; a jazz performance by “FUN TIME BIG

Social Reportneighboring areas. A total of about 550 people, including Lintec

In 2019, Lintec Advanced Technologies (Taiwan), Inc. worked
in collaboration with a public corporation that protects
and sexual abuse, and assists them in finding employment.
Our company collected surplus kitchen utensils and clothingfrom employees and donated a total of ten containers ofGovernancechildren and women who have suffered domestic violence

these items. This donation program proved useful not onlyin terms of social contribution, but also in regard to saving
resources and environmental protection. We realized that

Support staff

we can implement CSR
activities in various forms.

Breakdown of Community
Support Expenses (FY2019)

Community
support6.7%

Welfare
1.1%

Other

1.1%

In fiscal 2019, expenses foreducational support accounted for

Total

over half of the total expenses. We

8.72 million yen

also provided support for sports andlocal communities.

Donating 37 kitchen utensils, 22 electricalappliances, 70 pieces of clothing, and14 bags.

Pei-Chi ChouSports

26.8%
Scope: Lintec Corp.

Education

64.3%

Public Relations Department
Lintec Advanced Technologies(Taiwan), Inc.

23

Environmental Activities

Environmental Activities
LINTEC PRINTING & TECHNOLOGY(TIANJIN) CORPORATION

LINTEC (SUZHOU) TECH CORPORATION
Location: Suzhou, China
No. of employees: 176
Main business activities: manufacture and sale of printing- andindustry-related products and paper- and processing-related products

In April 2019, seven employees of our company took
part in a program to release juvenile fish organized
by a local environmental protection industry
association, with the objective of protecting water
quality in Lake Taihu in Suzhou. Together with about
300 other participants, these employees releasedroughly 10,000 crucian carp, redfin culter, and otherfish species that eat blue-green algae so as tocontribute to preserving water quality in the lake.

Shuifang Yang
Engineering Department

Releasing juvenile fish

As part of our efforts to preserve biodiversity, in
April 2019 we planted five persimmon trees andone apple tree on the premises of our company. In
autumn, these trees bore fruit, which all employees
enjoyed appreciating. The tree planting increased
our opportunities to commune with nature, thereby
raising our environmental awareness.

Environmental Activities
LINTEC ADVANCED TECHNOLOGIES(TAIWAN), INC.

LINTEC SPECIALITY FILMS (TAIWAN), INC.

In May 2019, before the full-scale typhoon season
began, we conducted a drill in preparation for
torrential downpours caused by typhoon weather.
All employees participated in the drill, in which they
cooperatively practiced the emergency response
procedures, from the occurrence of a typhoon andthe issuance of a warning to its cancellation, as
stipulated in our company’s BCP. Through the drill we
confirmed that these procedures worked properly.

Zhang Kun
Quality Assurance &Environmental Safety
Department

Planting a persimmon tree

Social Activities

Location: Tainan, Taiwan
No. of employees: 88
Main business activities: manufacture and sale of electronic- andoptical-related products

Location: Tianjin, China
No. of employees: 94
Main business activities: manufacture and sale of printing- and industryrelated products

Cheng, Wen-chieh
Environment &Safety Office

Simulating inspection to be
conducted after a typhoon
has passed

Location: Kaohsiung, Taiwan
No. of employees: 78
Main business activities: manufacture and sale of electronic- and optialrelated products

In December 2019, we cleaned the beach of
Yuguang Island near Tainan, a city adjourning
Kaohsiung. Besides employees of our company, theirfamilies and friends participated in the cleanup.
These participants worked together to collect46.2 kg of waste. After the cleanup, they visited
cultural facilities and a natural park in Tainan City,
and learned about the importance of nature andbiological diversity.

Chen-Jung Liao
ISO Promotion Department

Participants of the beachcleanup

Global CSR ReportSocial Activities

Social Activities

LINTEC KOREA, INC.
Location: Cheongju-si, Chungcheongbuk-do, Korea
No. of employees: 112
Main business activities: manufacture and sale of electronic- and opticalrelated products

In November 2019, we engaged in “kimchi making
with love.” About 25 employees made kimchi,
which was then delivered to elderly people living
alone and single-parent families via the community
support center. These employees worked on making
the kimchi in the sincere hope that those eating it
would feel warmer during the cold winter season.

LINTEC SPECIALITY FILMS (KOREA), INC.
Moon Ji-Eun
General Affairs Section

Participating employees andtheir handmade kimchi

24

Donating the proceeds fromour coffee machines andmoney raised

Social Activities

PT. LINTEC INDONESIAIn April 2019, we carried out mangrove planting.
In advance of the planting activity, we delivered
a lecture to 42 students participating from Bogor
Fisheries University. We explained the effectivenessof mangroves in reducing greenhouse gases andappropriate methods of planting. The students
listened attentively to our lecture.

Seung-Soo Kim
Personnel andGeneral Affairs Section

At the end of 2019, we donated the proceeds fromthe coffee machines used by our company andmoney raised for charity to the House of Anayul, awelfare facility for persons with severe disabilities.
We plan to continue this charity to donate theproceeds from our coffee machines every year.

Environmental Activities

Location: Bogor, Indonesia
No. of employees: 161
Main business activities: manufacture and sale of printing- and industryrelated products

Location: Pyeongtaek-si, Gyeonggi-do, South Korea
No. of employees: 124
Main business activities: manufacture and sale of electronic- andoptical-related products

PT. LINTEC JAKARTA
Sugiharto
Quality Assurance
Department

Giving a lecture at theuniversity

Location: Jakarta, Indonesia
No. of employees: 24
Main business activities: sale of printing- and industry-related products

Sitha Damayanti
General Affairs andHuman Resources

We distributed SDGs badges to all employees toenhance their awareness as members tasked withrealizing a sustainable society. Since the degreeof public recognition of the SDGs is still low inIndonesia, we summarized SDGs-related articles
and communicated the information to employees by
e-mail to promote their understanding of the SDGs.
Document explaining theSDGs, which was distributed
along with the SDGs badge

Environmental Activities

Social Activities

LINTEC INDUSTRIES (MALAYSIA)
SDN. BHD.
Location: Penang, Malaysia
No. of employees: 97
Main business activities: manufacture and sale of electronic- andoptical-related products

LINTEC INDUSTRIES (SARAWAK)
SDN. BHD.
Mokhtar Bin Osman
Production Department

As part of our environmental protection activities,
we planted trees in the state of Penang in October
2019. From our company, 79 employees took
part in the event. In cooperation with members
from the forest management section of the state
government, they planted 100 trees.
Employees planting trees

Social Activities

Zebra pattern we repainted

LINTEC (THAILAND) CO., LTD.
Faith Lim
Human Resources
Department

Event participants

Location: Chachoengsao, Thailand
No. of employees: 190
Main business activities: manufacture and sale of printing- andindustry-related products and paper- and processing-related products

In February 2020, we made a company trip to
Cha-am Beach in Phetchaburi Province, a renowned
tourist spot in Thailand. In the evening, we helda team-building party. On the following day, we
visited the Wat Huay Mongkol temple, which ishome to the world’s largest statue of Luang Phor
Thuat, a legendary Thai monk of great sanctity. The
trip provided us with an opportunity to deepen
communication among employees.

Paweena Hang-Klang
ISO Clerk

Social Report

In September 2019, our company conducted acollaborative event with Lintec Asia Pacific Regional
Headquarters Private Limited to donate medicatedoil, powder, face towels, food, and other items to
250 elderly people in neighboring areas. Seeing
their smiling faces, we recognized anew theimportance of social contribution. We plan to holdthis event next year.

Our company has been doing cleanups for morethan 15 years. Every morning, we spend around
15 minutes sweeping fallen leaves from theneighborhood roads and cleaning ditches before theworkdays begins. In fiscal 2019, we repainted thezebra pattern painted on the road shoulder during
a work break.

Michael Benzi Junior
General Affairs & Human
Resources

Social Activities

LINTEC SINGAPORE PRIVATE LIMITED
Location: Singapore
No. of employees: 65
Main business activities: manufacture and sale of printing- andindustry-related products and electronic- and optical-related products

Location: Sarawak, Malaysia
No. of employees: 25
Main business activities: manufacture and sale of electronic- andoptical-related products

Commemorative photo taken
in front of the statue of Thuat

Environmental Report

Each of our group companies outside Japan is promoting community-based CSR activities to fulfill our
responsibility as a global company.
For more detailed information, please visit our CSR website. (in English)

Environmental Activities

MADICO, INC.

Container for collecting plastic
beverage bottles

Social Activities

Location: Florida, U.S.A.
No. of employees: 196
Main business activities: manufacture and sale of printing- andindustry-related products

We supported an environmental initiative hosted
by the local non-profit organization. Our company
employees took part in an event in which
participants worked to vertically connect a numberof oyster shells, each having a hole through which
they threaded a rope, and then to hang these shells
from the shore. During the spawning season, oyster
larvae drifting on the current will attach to theseshells and grow into healthy adult oysters.

Kelli Houdek
CSR Committee

GovernanceWill Barron
Operational Safety Assistant

To promote waste reduction and recycling, we
focused on classifying waste generated at offices
and research facilities into corrugated cardboard,plastic beverage bottles, aluminum cans, etc.

Employees participating in
the eventSocial Activities

VDI, LLC
Location: Kentucky, U.S.A.
No. of employees: 41
Main business activities: manufacture and sale of printing- andindustry-related products

SearchEnvironmental Activities

LINTEC OF AMERICA, INC.
Nano-Science & Technology Center
Location: Texas, U.S.A.
No. of employees: 29
Main business activities: research and development

Lintec CSR activities at group companies outside Japan

MACTAC AMERICAS, LLC
Toni Doughty
CSR Committee

Our company supports the activity of Dare toCare Food Bank, which offers food to households
suffering from food insecurity. In fiscal 2019, we
helped with the sorting and packing of more than
4,500 kg of food, which was donated by people in
the local community.

Location: Ohio, U.S.A.
No. of employees: 453
Main business activities: manufacture and sale of printing- andindustry-related products

In February 2020, our company conducted social
contribution activities in cooperation with Ronald
McDonald House Charities. This organization
provides accommodations for children undergoing
medical treatment and their families. In the houseadjacent to a children’s hospital located in Akron,
Ohio, six employees offered meals.
CSR team that took partin the support activity

Cooking at the house25

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

Lintec Climate change mitigation and adaptation

SearchThe 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.
Materiality

KPIs

Results*

Effectively using raw materials

Amount of organic solvents used

18,000 t [A]Reducing atmospheric emissions

CO2 emissions from business activities in Japan

163,000 t [C]Making environmental contributions through products and services

Number of environmentally friendly products developed

59 products [A]Organizations covered in Results: [A] Lintec Corp.; [C] Lintec Corp., Tokyo Lintec Kako, Inc.

Lintec Group Quality, Environmental andBusiness Continuity Policy

power consumption, production water usage, and waste discharge.

The Lintec Group sets forth its Basic Policy in the Lintec GroupFor biodiversity conservation, we continue to engage in relevant

Quality, Environmental and Business Continuity Policy. To practiceactivities, such as tree planting and beach cleanups. Moreover,

specific activities, the Group has drawn up a Quality Policy,

LINTEC Corporation became a member of CLOMA*2 as part of ourEnvironmental Policy, and Business Continuity Policy, as well as

efforts to propose and promote environmentally friendly products.

The verification found no important issues requiring correction.

Action Guidelines for each. For climate change mitigation andadaptation, based on the Action Guidelines for Environmental Policy,

Efforts to Address Climate Change

we promote the development of environmentally friendly products at

In fiscal 2019, total energy use (crude oil equivalent, covered by thethe research division, and work to reduce VOC and CO2 emissions,

Energy Conservation Act) for the Lintec Group in Japan*3 decreased

energy (electricity and fuel) usage, and waste discharge, amongby 1.3% from the previous year due to a decrease in production

others, at the production division.

volume. Energy use per unit of production improved by 0.7% to*1

0.309 kl per ton. CO2 emissions were 163 thousand tons, down

Environmental Management Systemfrom 179 thousand tons in fiscal 2018. In fiscal 2020, Lintec aims

Based on the Lintec Group Quality, Environmental and Businessto reduce its CO2 emissions and electricity consumption by 1.0%

Continuity Policy, the Lintec Group proactively works on conservationeach on a per-unit of production basis compared to fiscal 2019, byof the global environment. With regard to worldwide integrated

continuously facilitating the use of low-carbon electric power.

ISO 14001 certification, in fiscal 2019 we received an examination
due to the relocation of Madico, Inc. We have been promoting

Product Development Initiatives

information sharing among 12 domestic sites and 10 overseas

The Lintec Group strives to develop products intended to reducesites covered by the integrated certification. Also in fiscal 2019, we

environmental impact. The group also works to reduce impact on thestarted to undergo third-party verification regarding VOC emissions,environment by introducing LCA*4 at all stages from product designin addition to the conventional four items—CO2 emissions, electric

to disposal.

Medium-Term Targets (2017 to 2019) and Results Scope: Lintec Corp.
Item
CO2 emissions

26

Target

FY2019 results (year-on-year reduction)

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

9.0%

Achieved

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

4.8%

Achieved

Production water usage

1% reduction from the previous year (per unit of production) (Paper production at the Mishima and Kumagaya plants)

0.3%

Not achieved

Waste discharge

0.1% reduction from the previous year

5.3%

Achieved

With regard to CO2 emissions and electric power consumption, we

increased to fulfill orders for a wide variety of products sought inachieved the targets. This is due, among others, to the introduction ofsmall quantities. We will redouble our reduction efforts by devising acogeneration systems, which increased the amount of self-generated

better method of reusing water used in manufacturing one productelectricity from 51,000 MWh to 56,000 MWh, enabling us to reducefor producing another product. The target for waste discharge wasthe amount of purchased power. We did not achieve the target forachieved as a result of improvements made to increase the yield rate

production water usage as the amount of water used for washingand thorough classification.

*1 For VOC, see page 13.
*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.

*3 For the Lintec Group in Japan, see page 10.
*4 For LCA, see page 12.
*5 While tons were used for calculation, the measurement was converted to m3 for this report.

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

OUTPUT

Business
Activitiesof Lintec

INPUT
Pulp

108,900 tons

Specialty papers

Processing materials(release paper, etc.)

38,400 tons

Paper

Products

34,900 tons

Adhesive
products

Film

101,900 tons

Adhesive-related
equipment

33,000 tons
AdhesiveRawmaterials

Waste generated

Raw material
procurement

20,800 tons

1,100 tons
28,100 tons*

Waste emitted

Release agents

Waste

2,300 tons

Effective external utilization•

Incineration•

Final landfill disposal

R&D

CO2

SOx

Mechanical parts

Manufacturing

Emissions
into theatmosphere38.8 tons

Substances subject
to the PRTR

(Crude oil equivalent 36,000 kl)

55,000 kl

Sales

Effluent

Release into
water bodies(Kumagaya Plant,
Mishima Plant)

Environmental Report

Soot and dust

Purchased power

Fuel (crude oil conversion)◆

8.7 tons

NOx

143,000 MWh*

9,600 tons
6,800 tons

163,100 tons*

Other chemicals

35,700 tons

7,100 tons
4,600 tons
100 tons

Social Report

9,400 tons

Energy11,800 tons•

Effective internal utilization
Sale of valuable materials

Organic solvents

500 tons

70,200 tons

1.2 tons
500 tons

6,589,000 m *3

Self-generated electricity

56,000 MWh(Crude oil equivalent 14,000 kl)

Water

8,789,000 m *3*5

Scope 1*6
Direct emissions• Bunker-A oil • Utility gas•

Scope 2*7
Indirect emissions from energy• Electricity

LPG etc.

90.300 tons CO *2◆72,800 tons CO *2◆

GovernanceIndustrial-use water

Breakdown of CO2 emissions

As figures with * are information collected based on the Energy Conservation Act, they have undergone third-party verification by SGS Japan, Inc.
Scope of verification for figures with is equivalent to 98% of the conventional figures reported. In responding to CDP,*8 we have been expanding the scope through total volume control.

Product Development Initiatives

Efforts in Distribution

Energy use by the entire Lintec Group in Japan exceeds 1,500 kl ofLintec does not have distribution and transportation sections but

crude oil equivalent each year. As a result, the Group was designated as

is a “Designated Shipper” under the Revised Energy Conservation

a “specified business operator,” pursuant to the provisions of the Act

Act in Japan because it consigns the transport of more thanon the Rational Use of Energy (“Energy Conservation Act”) in Japan,

30 million ton-kilometers*9 annually. As a Designated Shipper, Lintec

and is required to improve its energy use per production unit as well as

submits an annual report to the government in accordance with

its weighted electricity use per production unit (for reducing peak hour

this Act. In fiscal 2019, the volume of transportation decreased bydemand) by 1% per year. Since nine plants in Japan account for 95%

3.6% (3,534,000 ton-kilometers) from the previous year, and CO2of the Group’s total energy consumption, it is important for each plantemissions also decreased by 4.3% (467 t-CO2). Energy use per unit of

to take measures to reduce energy use. In fiscal 2019, the Lintec Grouptransportation improved by about 0.7%. We will continue to improvein Japan implemented a variety of energy-saving measures, such as

our distribution system and transportation loading efficiency, witheffective operation of production facilities and boilers, air-conditioning

the goal of reducing environmental impacts.

control, and promoting the introduction of LED lighting.
*6 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*7 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*8 CDP: CDP is an international NGO that calls for disclosure of corporate information on
environment-related topics (climate change, water, forests, etc.) and issues regular analysis reports.
*9 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 andWater Usage
For more detailed information,please visit our CSR website. (in English)

Lintec Reducing Waste Search

Lintec Water Usage Search

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.
Materiality

KPIs

Ensuring environmental compliance

Results*

Number of serious violations of environmental laws and regulations (fines/sanctions)

0 violations [D]Organizations covered in Results: [D] Lintec Corp. Head Office, 10 production sites, Research Center

Reducing Water Usage and Effluent

Efforts for Zero Emissions*3

In fiscal 2019, Lintec used 8,789,000 m3 of water. Of this amount,

In fiscal 2019, the amount of waste generated, including

about 90% was used by the Kumagaya and Mishima plants, which

manufacturing loss, at Lintec was 28,100 tons. The total waste

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

output was 11,800 tons. Of this waste output, 7,100 tons wereof paper production was 47.0 m3/t*1. Lintec was unable to achieve

recycled by outside recycling companies and the remaining

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

4,600 tons were properly disposed of by waste disposal companies.

The target in fiscal 2020 is a 1.0% reduction per unit of

The final landfill disposal rate*4 for fiscal 2019 was 0.3%,

production from the previous year. To that end, the plants will makeachieving the target final landfill disposal rate of 1.0% or less.

continued efforts to reduce water usage and effluent discharge in

Lintec’s target from fiscal 2019 to fiscal 2020 is a 0.1% reduction ineach process and prevent water leaks.

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

Water usage and effluent discharge

Flow of waste (FY2019)
Organizations covered: LINTEC Corporation (Head Office, 10 production sites, and Research Center) and Tokyo Lintec Kako, Inc.

Category

FY2019 (1,000 m3)

Total water usage (calculated by source)

8,789● Tap water

4,455● Groundwater

3,824

Waste
generated
28,100 tons

Sale of valuable materials

6,800 tons
Waste recycled
23,500 tons in total

Total waste
output11,800 tons

Effective external utilization

Final landfill disposal 90 tons

To reduce the amount of waste,effective use of production

the Chiba Plant carries out

water and heat by recovering

thorough classification and sells

and reusing drain*2. We willpart of the waste generated ascontinue our efforts for further

valuable materials. As a result ofwater saving and reuse, so as

each workplace’s efforts, waste

production water.

Waste externally disposedof 4,600 tons in tota

My Next Stage

The Mishima Plant makes

to reduce the consumption of

7,100 tons

Incineration 4,600 tons

6,589

My Next Stage

Noboru Yamada
Maintenance Department
Mishima Plant*1 While t/t was used for calculation, the measurement was converted to m3/t for this report.
*2 Drain: When steam changes from a gaseous state into a liquid state to become water, it is called“drain.” Drain is generated when steam is used in heat exchangers, etc.
*3 Zero emission: Lintec’s standard is a final landfill disposal rate of one percent or less.

28

9,600 tons

510

● Industrial water

Effluent

Effective internal utilization

generation has gone down year by
year. The entire plant will continue
to strive for waste reduction.

Susumu Kaneko
Assistant to Plant Manager
Chiba Plant*4 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)

SearchLintec Reduction of Environmentally Hazardous Substances

The Lintec Group complies with relevant laws and regulations in and outside Japan and strives to reduce its use of chemical substances thathave an impact on the environment.
Materiality
Reducing atmospheric emissions

KPIs

Results*

VOC emissions from business activities in Japan869 t [E]*5

Organizations covered in Results: [E] Lintec Corp. production sites (excl. Ina), Research Center

Compliance with PRTR Act*6

for printing-related adhesive products to reduce the amount of organic

In fiscal 2019, Lintec reported the use of toluene, xylene, and othersolvents it uses. In fiscal 2019, the percentage of solvent-free release paper

substances designated under the PRTR Law, and the total quantity of these(production basis) was 55%. The percentage of solvent-free printing-related

PRTR chemicals was 7,817 tons. Toluene accounted for approximately 98%,

adhesive products (sales basis) was 78%. The percentage of solvent-freethe largest portion of the total amount, standing at 7,652 tons, down 267

paper and products remained at the same level as in the past.
Lintec has completed the installation of exhaust gas treatment

were 464 tons, down 25 tons from the previous year, and the transferredfacilities, and will continue to ensure reliable management of treatment

amount was 363 tons, down 166 tons from the year before.

facilities, manage the percentage of solvent-free products, and develop

Lintec has installed exhaust gas treatment facilities to remove
atmospheric emissions of organic solvents. Its plants are not permitted
to manufacture products without operating these treatment facilities.
treatment facilities during production.

environmental impact.
Percentages of solvent-free printing-related adhesive products and release paper
Printing-related adhesive products

Release paper

(%)

100

Complying with EU Regulations Concerning
Chemical Substance Management andEnvironmental Preservation
Lintec has specified chemical substances that may have an environmental
impact, and examines these substances in the raw materials it purchases.
The company properly grasps and manages its use of chemical substances
information to customers.
In January 2020, under the REACH Regulation*7, four substances wereadded to the Candidate List of substances of very high concern (SVHCs),
on which information must be communicated. Accordingly, there are now

78

73

73

74

73

56

56

55

54

55

2015

2016

2017

2018

2019

60
40
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

Governanceto comply with related laws and regulations, and communicates

80

Environmental Report

In fiscal 2019, there was no case where a plant did not operate theseand promote sales of solvent-free products to further reduce its

Social Reporttons from the previous year. Emissions of toluene into the atmosphere

My Next Stage

a total of 205 SVHCs on the REACH Candidate List. Meanwhile, the RoHS
Directive*8 was revised to expand the scope of its application. In the revised

The Agatsuma Plant has introduced a

RoHS Directive, four phthalate esters are specified as restricted substances,

regenerative thermal oxidizer (exhaustin addition to the six substances whose use has been already regulated. The

gas treatment equipment) to processfour new substance restrictions were brought into effect on July 22, 2019.

low-concentration solvent gas

Lintec is working on switching over to raw materials containing

released not only from coaters but

no phthalate esters to ensure that its products are friendly to thealso from indoor local ventilation

environment. The company will continue to reinforce the management ofequipment. Moreover, thechemical substances contained in products.

plant’s rate of removing
solvent gas is as high as 98%.

Reducing VOCs

We will continue to endeavor

Lintec is reducing VOCs. In product design, Lintec is working on switching toto reduce VOC emissions.

Nachio Satoyoshi
Production Department
Agatsuma Planta solvent-free release agent for its release paper and solvent-free adhesive*5 For VOC, see page 13.
*6 The PRTR (Pollutant Release and Transfer Register) Act is formally named the Act on Confirmation,etc. of Release Amounts of Specific Chemical Substances in the Environment and Promotion of
Improvement to the Management Thereof.

*7 For REACH Regulation, see page 18.
*8 For the RoHS Directive, see page 18.

29

Related Dataトルエンの排出量・移動量

エネルギー量Energy use in distribution
Energy use (crude oil equivalent)

Emission and transfer of toluene

Per unit (energy use/transportation volume)(kl)(kl/10 thousand yen)

6,000

0.06

5,000

0.04250.04270.0421

0.0416

0.04

3,000

0.03
4,173

4,101

4,096

4,088

464 tons

Lintec plant

0.05

0.0413

4,000

2,000

Emissons
into the air:

3,912

Toluenehandled:7, 652 tons

2016

2017

2018

2019

(treated as waste):

0.00

(FY)

CO2 emissions and transportation volume in distribution

Effluent treated (Kumagaya and Mishima plants)*1

Transportation volume

CO2 emissions(1,000 m3)
8,000(10 million ton-kilometers)

20.0

12.0
9.8

9.7

9.6

9.8

6,291

9.4

6,000

15.0

9.0

10.0

6.0

5.0

11.1

10.9

10.9

10.9

10.4

2015

2016

2017

2018

2019

5,800

5,735

5,871

5,680

2016

2017

2018

2019

4,000

2,000

3.0

0.0

363 tons

Note: Elimination rate = eliminated amount/1
処理排水量(handling（熊谷工場・三島工場）
amount − transferred amount) × 100 *物流におけるCO2排出量と輸送量(1,000 tons CO2)

Quantitytransferred

Toluene flow

0.01

2015

(93.8% elimination
rate)

Manufacturing processes
for release paper andadhesive products

0.02

1,000
0

Quantity
eliminated:
6,825 tons

Exhaust processing
equipment

0.0

0

(FY)

2015

(FY)

Environmental data at 15 group companies outside Japan
FY2019 data (Jan. 1, 2019 to Dec. 31, 2019)

FY2018 data (Jan. 1, 2018 to Dec. 31, 2018)

VOC*2 emissions

Electricity usage18

Lintec Suzhou

Fuel (light oil and natural gas) usage (crude oil conversion)
3,792

Lintec Printing &Technology(Tianjin) 0(Tianjin)

31.3

LSFT
LAT-T
Korea

0
0
3.0
33
306.0
378.3
10.5

Madico

0.1

VDI
LE

0

Singapore

0
14
39
6.9

8,206
8,191

80.6
0

LE

6000

200

300

400

0

0
1,446.4
1,514.8
328
399
686

Indonesia

4000

4,445

736
453.6

Malaysia

7,538
2000

185

Sarawak

230
604
687

Singapore

0

6,297

923.3
0
0
0
0
547

Thailand

7,134
3,253

559
879.6

Madico3,366
17,42919,243
4,369

480.9

MactacAmericas
VDI

4,394
87.8

(MWh) 0

212.3
0

LSFK

4,945.9
4,765.200

LE 0(UK) 90.5

100

147.3

Korea

4,067

VDI

1.5
0

LAT-T

8000

3

MactacAmericas

85.6

49.3

LSFT

4,619

Madico6.7(Tianjin)

8,741

Thailand(UK) 0(tons) 0

8,189

Indonesia

Sarawak0

MactacAmericas

1,783

Malaysia

22.1

Thailand

2,150

LSFK

64

822

6

3,732

Korea

4.2

Malaysia

Singapore

3,745

699

Lintec Suzhou
Lintec Printing & 43.2
Technology

9

937

LAT-T

Indonesia

Sarawak

976

LSFT

39.4

LSFK

12

3,109

Lintec Suzhou

25

Lintec Printing & 0
Technology(UK) 05,000

10,00015,00020,000(kl) 0

1,000

2,000

Notes: 1. VOC = toluene and methyl ethyl ketone
2. Figures stipulated in Article 4 of the enforcement regulations for Japan’s Energy Conservation Act were used for the calorific value of each fuel used in order to calculate the crude oil equivalent of consumed fuel.
3. LSFT = Lintec Speciality Films (Taiwan); LAT-T = Lintec Advanced Technologies (Taiwan); LSFK = Lintec Speciality Films (Korea); LE (UK) = Lintec Europe (UK) Limited*1 Total of flowmeter data for effluent treatment equipment installed at the Kumagaya andMishima plants*2 For VOC, see page 13.

30

3,000

4,000

5,000

Practicing Sincerity
For more detailed information,please visit our CSR website. (in English)

SearchLintec Governance

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.
Materiality

KPIs

Results*

Operating global governance(1) Use of consultation contact points in and outside Japan(2) Results of audits by the Internal Audit Office according tolocal laws and regulations and internal standards

Ensuring social compliance

Response rate to compliance survey by officers andmanagers(1) 3 cases [B](2) No serious findings [B]Response rate to risk identification survey: 82.0% [B]Compliance survey was not conducted as risk identification
survey was conducted.

Organizations covered in Results: [B] Lintec Group

Corporate Governance Framework

Actions taken to enhance corporate governanceFY

an audit and supervisory committee,*4 and appoints directors as

2004

Audit and Supervisory Committee members to enhance the function

Major actions● Appointed an outside director, first in the company● Established the Audit Officeof supervising the Board of Directors, with the aims of stepping up● Reformed the executive compensation system (abolished retirement benefits

2006

corporate governance and improving management further.

Social Report

For organizational design , Lintec has chosen to be a company with*3

and introduced stock options)● Established the Remuneration Assessment Advisory Meeting (to check thevalidity of remuneration of corporate officers)

The company has 10 directors, three of whom are members of the2008

directors (two men and two women), including three independent
outside directors (one man and two women). Of these three, two2011

directors (one man and one woman) serve as Audit and Supervisory● Increased the number of outside directors from one to two● Adopted the executive officer system; decreased the number of directors

significantly from 18 to 10● Shifted to a company with an audit and supervisory committee (from a

Committee members. With the adoption of the executive officer
system, Lintec separates the function of directors in charge of● Established CSR Management Officecompany with a board of auditors)
2015● Set the number of board members at 16 (including four directors serving as

Audit and Supervisory Committee members and four outside directors)

making decisions on important management issues from that of● Complied with principles of the Corporate Governance Codeexecutive officers in charge of business operations.

● Reformed the executive compensation system (for the long-term incentive

In addition, the Corporate Governance Committee, comprisingchaired by an independent outside director, has been established as
an advisory body for the Board of Directors. The Committee checks thevalidity of remuneration and personnel affairs of corporate officers.

2018

Governance

two independent outside directors and a representative director andplan, replaced stock options with restricted stocks in order to encourage
directors’ holding of treasury stocks)● Abolished the buyout countermeasure (anti-takeover measure)● Established the Corporate Governance Committee, comprising two
independent outside directors and a representative director and chairedby an independent outside director, as an advisory body for the Board of
Directors to check the validity of remuneration and personnel affairs ofcorporate officers(Remuneration Assessment Advisory Meeting was dissolved as a result)

Environmental Report

Audit and Supervisory Committee. Also, Lintec has four outside

Corporate Governance System

General Meeting of Shareholders

Reporting/recommending
ReportingCorporate Risk
Management Committee
Executive General Managers &General Managers at Head OfficeAppointment/dismissal

Decision making

Board of Directors

Auditing/supervising[Directors]

Consultation
Advice/suggestion

President
Management meetings

Corporate Governance Committee

Appointment/dismissal

Audit andSupervisory Committee Cooperation
Directors as
committee members[Independent Outside Director & Representative Director]

Account auditing
Internal control auditing

Cooperation

Reporting[Directors and executive officers]

CSR Management
OfficeInstruction
Reporting
PromotingOperations
Administrative Division, Marketing Division,
Production Division, Research and Development Division,
Domestic and Overseas Group Companies

Internal auditing

Independent Auditors

Appointment/dismissal

Audit Office

Operational implementation*3 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*4 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

31

Compliance with the Corporate Governance Code*1

Legal News published in fiscal 2019

Lintec complies with principles of the Corporate Governance Code.

Publication monthNo.

May 2019

28

Witness the transformation of our time!—Amendment of
the Civil Code (1)July 201929

Witness the transformation of our time!—Amendment of
the Civil Code (2)October 201930

Ignorance is inexcusable!—Export control and regulation andour company rule

November 201931

Unfair Competition Prevention Act

January 2020

32

Insider trading regulations

March 2020

33

Summary of news between April 2019 and March 2020

Thus far, referencing the code, the company has taken various
measures, such as the implementation of PDCA cycles throughevaluating the effectiveness of the Board of Directors, and theestablishment of the Corporate Governance Committee.
Lintec will continue to comply with and implement the
Corporate Governance Code. In light of social circumstances and theprogress of its initiatives, top management and outside directors ofLintec also hold discussions on areas of deficiency to continue thecompany’s improvement efforts.

Risk Management
The Lintec Group established the Corporate Risk Management

Title

Committee in April 2018 to further enhance its risk management

Global Surveys on Human Rights and Labor Standards

system. The committee consists of executive general managers

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

and general managers of offices under the direct control of theyear to monitor working conditions and human rights.

president, and holds meetings on a regular basis. The committee

The survey covers a wide range of items, including legal

strives to prevent problems by clarifying all possible risks associatedcompliance, elimination of discrimination, respect for human rights,

with company management, and by identifying, analyzing, andprohibition of child labor, prohibition of forced labor, wages, working

assessing the risks to be addressed. The chair of the Corporate Risk

hours, dialogue and negotiation with employees, safe/ healthy

Management Committee reports on the activities of the Committee

working environments, and human resource development.

to the Board of Directors every quarter, thereby sharing information
and receiving instructions.

As a result of the survey in February 2020*, it was confirmedthat all sites comply with local and regional laws and regulations,

In the future, we will intensify our efforts to improve our riskthat the Lintec Group Compliance Guidelines are well understood

management ability, and grasp the risks and opportunities in a timely

by employees, and that Lintec employees work in a healthy andmanner, to facilitate the sustainable growth of the Lintec Group.

safe working environment where their fundamental human rights

Legal Education for Top Management and Employees
To promote understanding of corporate legal affairs, Lintec provides
directors and executive officers with a top-management training

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

program. In fiscal 2019, we held two training sessions, one on the

Establishing Group-wide BCMS*2

theme of “M&A and Directors’ Responsibilities” in October 2019,

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

and the other on “Transfer Price and Revenue Recognition” inFilms (Taiwan), Inc. have developed a BCP*3 to allow them to

January 2020.

minimize human casualties and resume business as early as possible

As for training for employees, we implement legal training forsalespersons (around eight times a year) geared to selected midlevel employees in charge of sales. We are also incorporating legal

after an earthquake or other disaster.
Becoming certified under ISO 22301*4: 2012 in March 2014, weare operating the BCMS to maintain and improve the BCP.

lectures into annual group training programs for newly appointed

We will make continued efforts to share the BCMS among

managers and newly appointed section chiefs. In addition, Legalemployees to initiate and enhance activities, while repeatedlyNews is published six times a year to provide notable information

performing drills.

related to legal affairs to employees of the Lintec Group.
Through these training programs and information dissemination,

Information Security

we help employees to enhance their cognizance of potential legal

Lintec has developed Information Security Management Rules, andrisks lurking in daily business activities, which is expected to lead to

conducts an internal audit every year at each department based on theearly risk detection and response.

Information Security Operational Rules and Internal Audit Checklist.
In fiscal 2019, Lintec launched an e-learning program for
performing a self-audit of information security as part of its efforts
to promote understanding and raise awareness among employees
concerning information management.

*1 Corporate Governance Code: A compilation of key principles set out by the Financial Services
Agency and Tokyo Stock Exchange in the form of a code that listed companies in Japan are
expected to comply with as a means of enhancing corporate governance32*2 BCMS stands for a Business Continuity Management System. It is a management technique todevelop a business continuity plan, based on the understanding of the current conditions of theorganization, to ensure that the businesses are continued in the event of a serious incident thatwill or may have grave impact on major products/services of the organization. Drills are also
performed to validate the effectiveness of the BCP.

In light of the fact that the posting of inappropriate contents

Measures against the Novel Coronavirus

has become a social issue, Lintec provides comprehensive education

As the novel coronavirus (COVID-19) pandemic continues to spread,that includes things to note when using social media in a personal

the Lintec Group has been taking measures, such as prohibition of

capacity, as well as internal rules on information management.

business trips and implementation of remote working, in response to
the changing situation.

Establishing the Counseling DeskIn April 2020, LINTEC Corporation and Printec, Inc.*5 produced(for Internal Reporting and Harassment Consultation)

100 sheets for floor marking that calls for social distancing and

The Lintec Group has a helpline (internal reporting system) to enable

3,000 sheets of stickers that recommend take-out dining, and gave

employees to report, without any disadvantage, any serious legal orthese products to Itabashi City for free.

ethical violations that they identify. Lintec added a third-party lawyer

In addition, we donated 10,000 sets of face shields to Itabashi

to the helpline system to facilitate prompt investigations while

City in May. These donated products were effectively used by medical

protecting reporters and reported details.

institutions, restaurants, and other facilities in the city.

Instructions on how to use the helpline are provided in the
Compliance Guideline to raise awareness of the helpline acrossthe Group.
In May 2019, Lintec established its harassment counseling desk
to improve working environments, and the desk has since been in
specialists, including clinical psychologists. Its objective is to help
Face shieldresolve harassment and other workplace issues through cooperation

Sticker to recommend takeaway

between specialists and the Human Resources Department.

Outside Directors

No. of Board of Directors meetings
Director

Hiroya Kakehashi (General Manager, Corporate Planning Divisoin,
Nippon Paper Industries Co., Ltd.)

Akiko Okushima(Representative Director and President, JBtoB CO., LTD.)

No. of Audit & Supervisory Committee meetings● Attendance of committee members (%)................................................................100
Attendance of outside committee members (%)....................................................100

Total amount of executive compensation

Director/
Audit & Supervisory Committee Member(Lecturer, Chuo University Graduate School of Commerce;
Outside Director, Ryobi Limited)

Satoshi Ohoka enhances the auditing and supervisory functions of Lintec’s Board of Directors
by drawing on his experience in policy-based financial institutions, his rich international
experience, his specialized academic experience, and the knowledge and experience heacquired as an outside director in other industries.

Kanako Osawa

Attendance of outside directors (%).....................................................................100● No. of meetings......................................................................................................13

Director

Akiko Okushima enhances the supervisory function of Lintec’s Board of Directors by drawing
on her broad expertise in marketing, as well as the knowledge and experience she has
acquired through serving as president for many years at a company in a different industry.

Satoshi Ohoka● Attendance of directors (%).................................................................................100

Director/
Audit & Supervisory Committee Member(Lawyer at Kajitani Law Offices)

Kanako Osawa enhances the auditing and supervisory functions of Lintec’s Board of
Directors by drawing on her advanced legal knowledge, broad insights, and knowledge andexperience acquired in corporate legal affairs in and outside Japan.

Total compensation by category(million yen)
Basiccompensation

Restricted
stocksBonus

No. ofofficers
covered(persons)

361

266

33

62

10

(Audit & Supervisory
Committee member)(excl. outside director)

19

19

—

—

1

Outside director

21

21

—

—

6

Executive category

Totalcompensation(million yen)

Director(excl. Audit &Supervisory Committee
member)(excl. outside director)

Director(As of July 1, 2020)*3 For BCP, see page 19.
*4 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

Governance

Hiroya Kakehashi enhances the supervisory function of Lintec’s Board of Directors bydrawing on his long years of experience, as well as the knowledge and experience heacquired in an administrative capacity, at Nippon Paper Industries Co., Ltd.

● No. of meetings......................................................................................................14

Environmental Report

Related Data

Social Report

operation. This is a system under which employees can directly consult(As of March 31, 2020)*5 Printec, Inc.: A Lintec Group company in Japan

33

Overview of the Lintec GroupJapan

Germany8
3,702EuropeNetherlands

United Kingdom

Hungary

Global Network Supports
Our Activities

3
41

companies,

companies,

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
VietnamSingapore

Asia

23

companies,

Malaysia

1,466

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*2 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
continue 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
85,42285,42285,422
83,205

121,691 122,935
121,691 122,436
122,935
121,691 122,436
122,935 122,436
87,638 85,661
87,638 85,661
87,638100,000 100,000
100,000

0

50,000

2015

0

Sales

90,316
88,882
83,20590,316
88,882
81,92990,316
81,92950,00081,92950,00050,00037,44037,44037,10825,00025,00038,45637,44037,10837,68938,456
37,10837,68938,45636,361

37,68936,36136,361

2016
2017
2015

2016
2018
2017

2019
2018
2017

*1
(FY)
2019
2018

*1
(FY)2019

85,66150,00050,00083,205

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

50,00050,00025,00050,000

2016
2015

0

2017
2016
2015

2017
2018
2016

*1
*1
(FY)
2017 (FY)
2019
2018
2019
2018
2019

(FY)*1

0

2015

0

2015
2016

0

2017
2015
2016

2018
2017
2016

*1
*1
(FY)2019201920182017 (FY)
2019
2018

(FY)*1

0

2015

0

2016
2015

0

*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.

34(FY)*1North America

8companies,738

employees
CanadaSales by region(Million yen)

United States

Japan

Asia

Other

249,030

250,942

240,727

47,742

48,74070,88071,124130,408

131,076

121,824

2017

2018

2019

250,000
200,000
150,000

49,663

69,239Mexico100,000
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, 2020)
Company name

LINTEC Corporation

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

Websitewww.lintec-global.com/

Established

October 1934

Capital23.2 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: 240.7 billion yen
Non-consolidated: 159.8 billion yen(Securities Code: 7966)Fiscal year-end

March 31

Representative

Makoto Hattori,
Representative Director, President, CEO and COO

Number of
employees

Consolidated: 4,948
Non-consolidated: 2,584(fiscal 2019)

Operating income(fiscal 2019)

Consolidated: 15.4 billion yen
Non-consolidated: 9.0 billion yen

35

Third-Party Opinion
At the beginning of the Message from the President, he clearly states that
“We will take another step forward by implementing CSR activities basedon the company motto, ‘Sincerity and Creativity,’ through concerted efforts
of all employees.” As exemplified by this statement, the first impression
created by the Lintec CSR Report 2020 is that Lintec takes the attitude ofgreatly valuing its employees as stakeholders. In fact, in 2018 the company
established the SDGs Committee, the meetings of which have functioned
as a forum for frank discussion of the future vision of the company among
employees with a wide variety of roles gathered together from different
departments. The respective Lintec business sites have implemented various
CSR activities, displaying characteristics of a global corporate group. This
report carefully describes the company’s CSR initiatives, and introduces
the voices of diverse employees from a future-oriented perspective in the“My Next Stage” section. In this manner, the report provides a wealthof information on Lintec’s CSR activities focusing on employees. That
information plays a role in specifically conveying to readers the importantvalue upheld by the company in the form of the “LINTEC WAY,” andconstitutes a major characteristic of this report.
In recent years, ESG investment has gained increasing sway as
an investment approach that focuses on non-financial value, such asenvironmental, social, and governance factors, to identify the long-term
potential of businesses. A CSR report is an important source of information
also in terms of ESG investment. In particular, after the novel coronavirus
pandemic is over, companies are expected to assume more significant roles
than before with regard to the social aspect, in other words, as employment
bases. In this respect, it can be said that this report has truly great potential.
I would therefore like to note what I will be looking forward to in future
Lintec CSR reports, from this viewpoint.
The key to linking the value of this report focusing on “human resources”
with the logic of ESG investment lies in the creation of “an environmentthat enables each individual employee to maximize his or her abilities” togenerate innovation. This is stressed by President Hattori in his message
and in the Dialogue on the SDGs in the Highlight section. I recommend
establishing a narrative to underpin the report by considering the following
three points. (1) As for your competitiveness, what kind of risks andopportunities will the company encounter due to changes predicted to occur
in the external environment in the future? (2) What is the innovation that
can translate these risks and opportunities into new growth? (3) In what way

Keisuke Takegahara
Executive Officer
Deputy Chief Research Officer
Development Bank of Japan Inc.

will the company develop human resources who can bring about innovation
by exercising their abilities to the full? I hope that, following the narrative,
Lintec will organically integrate its long-term growth strategies and business
attitudes that attach importance to “human resources.” In establishing thisnarrative, it is extremely useful that the company places emphasis on the
SDGs. This is because Lintec will be able to achieve its corporate growth
while at the same time resolving social issues by making effective use of theSDGs for identifying the forthcoming risks and opportunities, in conjunction
with the long-term vision that is under discussion.
In the process of considering this narrative, I advise viewing non-financial
factors that have tremendous impact on long-term growth (sustainability ofthe business model) as “materiality.” In so doing, Lintec can naturally define
its materiality that is currently under review. I presume that the company
will identify its materiality with the two key phrases—”environmental
contribution” through products and services, and “power of humanresources”—that are consistently upheld throughout this report. For
example, the rapid advancement in digitalization that will characterize thepost-coronavirus age will offer great opportunities for electronic and opticaltechnologies of your company, while simultaneously having a tremendous
impact on society on the environmental front through improvements incustomers’ productivity. I advise Lintec to consider materiality in terms ofboth the “value” that the company provides society through business, and“human resources” as the foundation for supporting that value. I believe thisdual approach will allow the company to define its materiality in a way that
represents Lintec’s long-term growth in an easy-to-understand manner.
I hope that Lintec, by harnessing its potential, will evolve its CSR reportto convey the company’s strength to a wider range of stakeholders, while
capitalizing on the distinctive features created by valuing employees.

Response to Third-Party Opinion
We are grateful to Mr. Takegahara for his third-party opinion about our 2020 CSR
report. This is the first time we have invited his opinion. We are pleased that he
rated highly the report’s latent potential in relation to the Lintec Group’s attitudes
of valuing employees and the role it plays as an employment base.
In line with his suggestion, we will organically integrate the identificationof risks and opportunities based on the SDGs, our corporate growth driven by
innovation, and the development and effective use of human resources, intoa single narrative, thereby facilitating the resolution of social issues and thecompany’s growth.
As for materiality, I believe that our company should implement the SDGsrelated initiatives as part of daily operations as a matter of course. We will identify
key initiatives that will lead to our long-term growth, from the perspectives

36of both “providing value” that is instrumental in resolving social issues and“developing human resources” that serve as the foundation for the growth.
We will take seriously the opinion received and promote CSR management
based on the company motto of “Sincerity and Creativity” together with all
employees. We aim to be a company that contributes to addressing global
challenges through manufacturing with a sense of mission, and to developing asustainable society.

Makoto Hattori
Representative Director, President, CEO and COO
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 Website

CSR Report (Booklet/PDF version)

リンテックグループCSRレポート 2019

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、下記までお問い合わせください。

リンテック株式会社 CSR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 http:// www. lintec. co. jp/csr/

当社高級印刷用紙「ニュアージュCoC」を使用しています。
19.08.7500

LINTEC Corporation

1116

Fiscal 2019 version

More detailed information on the CSR activities of the Lintec Group isavailable.
Scheduled for update in October 2020 (The previous update was in
October 2019)[Japanese] www.lintec.co.jp/csr[English] www.lintec-global.com/csr

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.

Editor’s Postscript
The Message from the President states that the social responsibility to be fulfilled by the Lintec Group is to contribute to resolving social issues based on
the company motto, “Sincerity and Creativity.”
The Highlight section features a dialogue on activities of the SDGs Committee initiated in 2018. In the dialogue, it is pointed out that incorporating theSDGs into corporate management leads to activities to generate innovation required for the sustainable growth of the Lintec Group.
The Value Chain section features the VOICE column, which introduces our activities from the viewpoint of the SDGs in the respective fields of raw
material procurement, research and development, and production.
In preparing this report, this year we gained more support than usual, and it is thanks to this generous support that we were able to publish thereport successfully. For our Group to achieve sustainable growth together with society, all employees are thinking about their activities and seeking to
independently implement them in an integrated manner.

37