The balance sheet shows total assets declining by 16.6 billion yen year on year to total 1,214.8 billion yen, due primarily to the strong yen. Interest-bearing debts dropped by 31.0 billion yen year on year to reach 336.7 billion yen. This decrease comes as a result of rolling over short-term loans into long-term loans and the redemption of corporate bonds valued at 20.0 billion yen in June. We plan to further reduce interest-bearing debts to bring the total down to 320.0 billion yen. Our debt-to-equity ratio came to 0.82. Net assets were up 27.7 billion yen for a total of 409.6 billion yen. This figure includes an increase of 44.5 billion yen in retained earnings and a loss of 15.6 billion yen due to foreign currency translation adjustment. The shareholders’ equity to total assets ratio came to 33.6%, indicating that we have maintained a solid financial footing.