Net sales for the second quarter of the fiscal year ending March 2012 fell 149.0 billion yen, or 18.5%, year on year to total 655.0 billion yen. This decline includes a loss of 112.0 billion yen due to the poorer post-quake sales mix variance and a foreign exchange loss of 39.0 billion yen due to the strong yen. Unfortunately we were unable to offset these losses with the increased revenue from our three internal companies which generated an overall gain of 2.0 billion yen. Operating income, totaling 18.8 billion yen, dropped 38.6 billion yen, or 67.3%, year on year. Despite a boost from lower SG&A expenses, operating income fell due to an unfavorable sales mix variance, foreign exchange losses, increased R&D expenses, and hikes in material prices. This will be looked at in further detail later on. Ordinary income dipped 37.3 billion yen, or 63.3%, to total 21.6 billion yen due to losses on forward exchange contracts. Income before income taxes and minority interests fell by 15.5 billion yen, or 27.8%, year on year to reach 40.2 billion yen. The major impact on our bottom line came from our lower ordinary income and an extraordinary loss due to disaster despite the gain on the sale of the Subaru Building which was posted during the first quarter. Net income, which came to 32.8 billion yen, declined 26.5% or 11.8 billion yen year on year due to our decreased income before income taxes and minority interests.